Lending Rates (December 22, 2008)
Lending Rates as of 9 a. m. ET. Dec. 16, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S….
Articles by Northern Miner Staff
International Quotes (December 22, 2008)
International Quotes Australia (A$) Dec 16 Dec 9 Change Bendigo Mining 0.17 0.13 0.04 Kingsgate Cons. 2.85 2.68 0.17 Lion Selection Ltd 0.67 0.79 -0.12 Newcrest Mining 29.00 28.23 0.77…
Great Basin Buys Mill For Hollister
Vancouver — Great Basin Gold (GBG-T, GBN-x) is trying to get two mines into production within the next six months and in recent weeks has taken a few important steps towards that goal.
People (December 22, 2008)
Aflease Gold — Bill Lupien has resigned as a director.
Toronto Stock Exchange December 9-15
A slight improvement in commodities prices helped offset the losses for the S&P/TSX composite index over the Dec. 9-15 trading period. The benchmark fell 105 points or 1.2%, to finish at about 8,4…
Dogpaw Fetches Good Grades For Houston Lake
Seventy-six per cent of the holes Houston Lake Mining (HLM-V, HLKMF-o) has drilled on its Dogpaw Lake property, near Kenora, Ont., have intersected values of 3 grams gold per tonne or higher.
Intrepid Hits Lengthy Gold Intervals In Indonesia
Vancouver — Recent drilling at Zone A of the Tumpangpitu prospect delivered Intrepid Mines (IAU-T, IAU-a) its best oxide drill results to date from the Tujuh Bukit property, near the eastern tip of J…
Spot Prices (December 22, 2008)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (December 22, 2008)
Antimony: Mid-mkt US$4,850 /t.
Teck To Close Pend Oreille Zinc Mine
Vancouver — As part of its efforts to wrestle down nearly US$10 billion of debt, Teck (TCK. B-T, TCK-n) will suspend operations at the Pend Oreille zinc mine, in northeastern Washington, two months f…
Scott Lake Delivering For Cogitore
Cogitore Resources (WOO-V) reported its best-ever zinc grades from recent drilling at Scott Lake, near Chibougamau, Que.
Fortress Cuts High-Grade At Svetloye
Vancouver– Fortress Minerals (FST-V, FTMNF-o) has pulled a long and tantalizingly high-grade gold intercept from the Amy zone at its Svetloye property, 220 km southwest of Okhotsk, in Russia’s Far Ea…