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The coarse ore storage bins at Teck's Pend Oreille zinc mine, in northeastern Washington state. The company is shutting down the operation -- which hasn't been profitable for two years -- in February.

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…


Daily Metal Prices (December 22, 2008)

Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1120/1180 1140/1180 1140/1210 1110.50/1170 1105…




Exchange Rates (December 22, 2008)

Exchange Rates CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 US$ in C$ 1.2352 1.2452 1.2183 1.2557 1.2603 C$…



Dividends (December 22, 2008)

Dividends Company Div. Pay Record ($) Date Date Goldcorp 0.015* Dec 19 Dec 11 Iamgold 0.06* Jan 12 Dec 24 Sherritt Int’l 0.036 Jan 14 Dec 31 Cameco 0.06 Jan…



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….


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 Gold is purchasing Metallic Ventures Gold's Esmeralda processing plant in central Nevada, to process ore from its Hollister gold project, 460 km northeast.

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.


Dean Cutting, project manager for Houston Lake Mining's Dogpaw Lake gold property, poses on a gold mineralized outcrop. The property, which is near Kenora, Ont., is littered with small pods of near-surface mineralization.

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.


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