Uranium symposium covers state of the art (Part 1)
The U2009 uranium symposium held in May in Keystone, Colo., included presentations on various aspects of uranium mi…
2009
Abacus proves potential in old Ajax with positive PEA
Vancouver – Abacus Mining and Exploration’s (AME-V) president has long believed his Ajax project, a brownfields p…
25 arrested over Harry Winston heist
French Police have arrested 25 people in connection with an astonishing mid-day jewelry heist at Harry Winston Diam…
Xstrata triggers consolidation talk
Consolidation is the key word again in the base metal sector after Xstrata (XTA-L, XSRAF-O) tabled an offer for Lon…
More gold in Papua New Guinea for New Guinea Gold
Vancouver – With a small gold-silver mine providing exploration funds for a host of prospective properties, New G…
Jinshan gets US$31 million loan from China National Gold
Having China’s largest state-owned gold producer in its corner is starting to pay big dividends for Jinshan Gold Mi…
Exchange Rates (June 22, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 15 June 12 June 11 June 10 June 9 US$ in C$ 1.1341 1.1177 1.0982 1.1101 1.1041 C$ in US$ 0.8818 0.8947 0.9106 0.9008 0….
Dividends (June 22, 2009)
Note: Vale will pay $0.4795 for common and preferred class A shares on Oct 30. Anglo American has suspended its dividend which totals $0.44* for the year. Teck Cominco and Harry Winston Diamond have a…
Lending Rates (June 22, 2009)
as of 9 a. m. ET. June 16, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
International Quotes (June 22, 2009)
Australia (A$) June 16 June 9 Change Aquila Resources 5.28 5.07 0.21 Bendigo Mining 0.26 0.28 -0.02 Centennial Coal 2.70 2.72 -0.02 Fortescue Res 3.66 3.27 0.39 Iluka…
Silvercorp Makes Play For Klondex
The largest silver miner in China, Silvercorp Metals (SVM-T, SVM-X), is turning its attention westward with an unsolicited all-share takeover bid for Klondex Mines (KDX-T, KLNDF-O), owner of the advan…
MagIndustries Raises $26M For Kouilou
VANCOUVER — A $26-million financing is giving MagIndustries (MAA-V, MAAFF-O) enough cash to continue construction at its Kouilou potash project in the Republic of Congo until the company can conclude…