Taseko zips ahead with Gibraltar expansion
SITE VISIT WILLIAMS LAKE, B. C. — In central British Columbia, where pine beetles are choking the lifeblood out of the lumber industry, Taseko Mines (TKO-T, TGB-X) is a breath…
Articles by Northern Miner Staff
Mmamabula power plant hits major hiccup for CIC Energy (July 21, 2008)
VANCOUVER — Plans to develop a new coal mine and coal-fired power station in Botswana to add muchneeded capacity to South Africa’s power grid have been derailed and shares of CIC Energy (ELC-T, CIEGF…
Gahcho Ku JV yields 25-carat diamond
Mountain Province Diamonds (MPV-T, MDM-X) and joint-venture partner De Beershave found a 25.13- carat gem-quality diamond at their Gahcho Ku diamond project in Canada’s Northwest Territories.
CNQ TRADING — JULY 8-14, 2008
(100s) WEEK 12-MONTH STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Avanti Mining Inc AVMI 165 0.46 0.46 0.46 0.00 0.80 0.23 Continent Res CORE 1150 0.35 0.30 0.35 0…
DIVIDENDS (July 21, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. A
LENDING RATES (July 21, 2008)
as of 9 a. m. ET, July 14, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime …
EXCHANGE RATES (July 21, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 14 July 11 July 10 July 9 July 8 US$ in C$ 1.0061 1.0092 1.0102 1.0108 1.0207 C$ in US$ 0.9939 0.9909 0.9899 0.9893 0.9…
Taseko spends $100M on Gibraltar mine equipment
Vancouver-based Taseko Mines (TKO-T, TGB-X) has purchased $100 million worth of mining and milling equipment from Bucyrus International (BUCY-N).
U. S. MARKETS JULY 8-14
It was another chilling week for the U. S. markets as Treasury Secretary Henry Paulson and his team scrambled to come up with a rescue plan for troubled housing giants Fannie Mae and Freddie Mac. Fann…
Nevada Geothermal Power borrowing US$145M for generating plant
Nevada Geothermal Power (NGP-V, NGLPF-O) is planning to borrow US$145 million from a banking syndicate led by Morgan Stanley (MS-N) and Glitnir Capital to build a geothermal power plant at Blue Mounta…
LME WAREHOUSE LEVELS (July 21, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 15, 2008 (change from July 8 in brackets):
PEOPLE (July 21, 2008)
Abacus Mining & Exploration– Victor Lazarovici appointed a director.