Change at the top for Verena
The promising exploration growth Verena Minerals (VML-T) has shown recently in Brazil will have to be driven by a n…
2008
Baffin Island sparkles for Peregrine Diamonds
It’s not every day that you find diamonds outcropping at surface in the Arctic and some geologists will go a lifeti…
Short Position Report (August 25, 2008)
TSX Short Positions Short positions outs…
DIVIDENDS (August 25, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Oct 1, rec Sept 12. Newmont Canada will p…
Creston Moly’s bet on El Creston paying off
VANCOUVER — With complete results now available for the latest drill program at El Creston, it’s becoming clear that Creston Moly (CMS-V, CMSJF-O) has its hands on one of the highest-grade molybdenum…
BHP Billiton grapples with Olympic Dam expansion
PERTH, WESTERN AUSTRALIA–By the end of this year, BHP Billiton (BHP-N, BLT-L) will have completed a prefeasibility study for transforming the Olympic Dam copper-uranium-gold mine into a massive open-…
Pebble Creek focused on India
Pebble Creek Mining (PEB-V, PBLEF-O) has released a National Instrument 43-101 resource estimate for its flagship Askot project, in northern India’s Uttarakhand state. At a net smelter return cutoff o…
INTERNATIONAL QUOTES (August 25, 2008)
Australia (A$) Aug 12 Aug 5 Change Bendigo Mining 0.18 0.20 -0.02 Kingsgate Cons. 4.80 5.60 -0.80 Lion Selection Ltd 1.58 1.50 0.08 Newcrest Mining 23.49 26.31 -2.82 …
For Uranium One, the Honeymoon’s over (August 25, 2008)
VANCOUVER — Uranium One’s (UUU-T, SXRZF-O) decision to sell some of its earlier-stage uranium properties this spring has hit it with a US$105-million impairment charge in its second quarter for a US$…
San Gold on cusp of resource update (August 25, 2008)
VANCOUVER–Exploration drilling in and around San Gold’s (SGR-V, SGRCF-O) operating Rice Lake mine, 230 km northeast of Winnipeg, Man., continues to pay off with high-grade gold. San Gold CEO Dale Gin…
Vedanta investing US$8.8B in base metal expansion
Having received the go-ahead from India’s Supreme Court, Vedanta Resources (VED-L), an India-focused resource giant, is proceeding with a bauxite project in Lanjigarh, in the state of Orissa. An alumi…
Yankee Hat forms tungsten JV with Japanese group (August 25, 2008)
Restrictions on tungsten exports from China have caused resource-poor Japan to look to the Yukon and Northwest Territories as a new source for the rare metal.