Augen Gold on hot property
SITE VISIT JEROME, ONT. — Augen Gold (AUJ-V) CEO Michael Fowler believes that where there’s smoke, there’s probably fire. And with the Young-Shannon gold deposit close by (owned by Metallum…
Articles by Northern Miner Staff
Rio Tinto Alcan starts $200M community fund
Rio Tinto Alcan has started the $200-million Canada fund, aimed at giving back to communities in Quebec and British Columbia, where the company has operations. The subsidiary of mining juggernaut Rio …
TSX SHORT POSITIONS (August 11, 2008)
Short positions outstanding at July 15/08 (with changes from June 30/08).
BID-ASK — JULY 29-AUG. 4, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Abington Vent V 0.14 0.17 0.14 0.21 0.14 Abitibi Mng V 0.04 0.05 0.05 0.19 0.04 Absolut Res V 0.80 0.98 0.98 1.30 0.00…
JV buys Kintyre from Rio Tinto
Cameco (CCO-T, CCJ-N) is teaming up with a subsidiary of Mitsubishi Corp. (MSBHY-O) to buy Rio Tinto’s (RTP-N, RIO-L) Kintyre uranium project in Australia for US$495 million.
Exeter rises on gold from Cerro Moro
VANCOUVER–News of the highest-grade intersection to date from the Cerro Moro gold-silver project, in Argentina, gave Exeter Resource (XRC-V, XRA-X) a nice share price lift.
Thumbs up for Silver Eagle’s Miguel Auza mine
The fully permitted Miguel Auza mine, which generated its first revenue for Silver Eagle Mines (SEG-T, SVEGF-O) during a bulk-sampling program last year, shows promising economics according to a prefe…
Yukon-Nevada eyes Ketza revival
WHITEHORSE, YUKON — Yukon- Nevada Gold (YNG-T, YNGFF-O) has cut one of its best intercepts to date at its Ketza River property, about 125 km northeast of Whitehorse, Yukon. The market thanked Yukon-N…
CANADIAN GOLD MUTUAL FUNDS (August 11, 2008)
as of Apr. 1/2008
LENDING RATES (August 11, 2008)
as of 9 a. m. ET, Aug 4, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime 5….
EXCHANGE RATES (August 11, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 28 July 25 July 24 July 23 July 22 US$ in C$ 1.0222 1.0164 1.0114 1.0088 1.0085 C$ in US$ 0.9783 0.9839 0.9887 0.9913 0…
Maudore gets boost
VANCOUVER — A new set of high-grade gold results from the Comtois project, in western Quebec, gave Maudore Minerals’ (MAO-V, MAOMF-O) share price a lift recently.