INTERNATIONAL QUOTES (December 20, 2010)
Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …
2010
EXCHANGE RATES (December 20, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec 13 Dec 10 Dec 9 Dec 8 Dec 7 US$ in C$ 1.0046 1.0093 1.0098 1.0099 1.0093 C$ in US$ 0.9954 0.9908 0.9903 0.9902 0.9908 EX…
Puma hits copper in New Brunswick (December 20, 2010)
Early results from Puma Exploration’s (PUM-V) Turgeon copper-zinc project in New Brunswick look promising, even though the market didn’t react with initial enthusiasm.
Troy pours first dor at Casposo
Troy Resources (TRY-T, TRY-A) built a plant and started up its Casposo gold-silver mine in Argentina’s San Juan province in only 16 months.
New gold discovery for Midland, Agnico-Eagle
Partners Midland Exploration (MD-V) and Agnico-Eagle Mines (AEM-T, AEM-N) have found a shallow new gold zone in the northwestern part of the Maritime-Cadillac property in Quebec’s Abitibi region.
Exploration Orbite is turning some heads
When a reservoir of toxic red sludge from an alumina plant burst in Hungary causing an ecological disaster, the prospects for a relatively unknown junior mining company in Quebec called Exploration Or…
New Loz Azules PEA lifts Minera Andes
Vancouver – Metal prices can make or break a project, and in the case of Minera Andes’ (MAI-T) Los Azules project a stronger copper price has dramatically increased the potential mine’s value.
Technical Analysis Report: Platinum looks good
In this edition of The Technical Analysis Report we re-visit the Commitments of Traders (COT) report, supplied by the U.S. Commodity Futures Trading Commission to see if any metals appear ready to make a significant move.
Paladin Energy to buy Aurora Energy’s uranium assets
The current moratorium on uranium mining in Newfoundland and Labrador isn’t deterring Australia’s Paladin Energy (PDN-T, PDN-A) from buying the uranium assets of Aurora Energy Resources in the Canadian province in an all-share deal worth $260.9…
Creston boosts NPV at El Creston (December 17, 2010)
Vancouver – A year of drilling and metallurgical work has given Creston Moly (CMS-V) a big bump in the net present value for its El Creston molybdenum deposit in Mexico.
Altius strikes Newfoundland exploration alliance with Cliffs
Well respected for its project generation work in Newfoundland and Labrador, Altius Minerals (als-t) has entered into a strategic exploration alliance with Cliffs Natural Resources (clf-n) covering ferro alloy metals within specific areas of…
Mirasol jumps on strong silver intercepts from new prospect
Vancouver – The first seven holes into Mirasol Resources’ (MRZ-V) grassroots Virginia project in Argentina returned enough silver to add 22% to the company’s share price in a day.