Australia, NZ & South Pacific

Slower, lower, weaker at Olympic Dam

The beleaguered uranium subsector got a bit of an indirect boost in late August. The world’s biggest miner, BHP Billiton, declared as part of its year-end results that the 800-pound radioactive gorilla in the room — a planned…



Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31   US$ in C n/a 0.9986 1.0062 1.0017 1.0014  …


Rockwood wants Talison

Rockwood Holdings (ROC-N) is bidding $6.50 per share — a 53% premium  — for Talison Lithium (TLH-T) in a deal valuing the company at $724 million on a fully diluted basis.


Nautilus stays the course

Starting the world’s first seabed mining operation was never going to be simple, but for TSX-listed Nautilus Minerals, the challenges have been multiplying.The logistics of commercially mining 1.6 km below sea level — which would…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31   US$ in C n/a 0.9986 1.0062 1.0017 1.0014  …


Alacer boosts production, stock rises

Alacer Gold (ASR-T, ALIAF-O) has wrung more production out of two of its gold mines, and in doing so, has made up for disappointing results from another.The company announced that second-quarter mine production results for its operations…


Search for deep-sea treasure intensifying

ng harder to find and even harder to put into production owing to social and political hurdles, a small but growing group of companies are looking to the sea floor as their next source of riches.Nautilus Minerals (NUS-T) has been at the…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31   US$ in C n/a 0.9986 1.0062 1.0017 1.0014  …


Nautilus fighting to stay on course

VANCOUVER — Starting the world’s first seabed mining operation was never going to be simple, but for Nautilus Minerals (NUS-T), the challenges have been multiplying.


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 30 July 27 July 26 July 25 July 24   US$ in C 1.0033 1.0060 1.0101 1.0181 1.0208  …


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 23 July 20 July 19 July 18 July 17   US$ in C 1.0172 1.0114 1.0077 1.0112 1.0141  …


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