Canadians hope to chip away at China’s monopoly on rare earths
China may have cornered 97% of the global rare earth market over the last two decades, with its low-cost struc…
2010
Greystar gets blindsided
Steve Kesler hardly had time to get comfortable in his new chief executive’s chair before finding himself in the midst of a historic problem.
Farallon wins internet defamation suit
Justice was a long time coming, but for Farallon Mining (FAN-T) it was well worth the wait.
More high-grade, shallow gold for Avion in Mali
VANCOUVER — The near-surface gold grades at the Tabakoto project in Mali keep getting better for Avion Gold (AVR-V) and now the company is being rewarded for its efforts with a $25-million bought-dea…
Sweet gold hits for Virginia at Wabamisk
VANCOUVER — In its search for high-grade gold and silver veins, Virginia Mines (VGQ-T) has drilled a few enticing high-grade gold hits at its Wabamisk property in Quebec.
First Uranium lowers value of operations (May 03, 2010)
VANCOUVER — First Uranium (FIU-T, FUM-J) has been forced to significantly drop the estimated value of its South African gold-uranium operations after cost escalations and permitting issues.
GobiMin sells Yanxi deposit
GobiMin (GMN-V) has agreed to sell most of its equity interest in the Yanxi copper deposit in China’s Xinjiang province for $9 million in convertible bonds and cash to China Daye Non-Ferrous Metals Mi…
DIVIDENDS (May 03, 2010)
Company Div. ($) Pay Date Record Date
LENDING RATES (May 03, 2010)
as of 9 a.m. ET. April 27, 2010 Bank of Canada Target overnight rate Canadian Prime
EXCHANGE RATES (May 03, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 26 Apr. 23 Apr. 22
INTERNATIONAL QUOTES (May 03, 2010)
Australia (A$) Aquila Resources Bendigo Mining Centennial Coal Fortescue Res Iluka Resources Kingsgate Cons. Lion Selection Ltd MacAurther Coal St. Barbara
Hana significantly boosts Ghanzi copper resource
VANCOUVER — Hana Mining (HMG-V, 4LHT-F) has nearly doubled the resource estimate at its Ghanzi copper-silver project in northwestern Botswana, as part of a strategy of building a major resource befor…