Study puts Stornoway’s Aviat on the diamond map
A conceptual study suggests that Stornoway Diamond (SWY-T, SWYDF-o) could find 24.1 to 40.3 million carats of diamonds in the Eastern Sheet Complex of its Aviat project, in eastern Nunavut.
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DAILY METAL PRICES (October 27, 2008)
Date Oct. 20 Oct. 17 Oct. 16 Oct. 15 Oct. 14 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1645/1720 1710/1760 1715/1760 1805/1850 1795/1…
NORTH AMERICAN STOCK EXCHANGE INDICES (October 27, 2008)
52-week Date Oct. 20 Oct. 17 Oct. 16 Oct. 15 Oct. 14 High Low S&P/TSX-Ven Comp 984.94 946.12 937.79 991.21 1054.70 3192.55 921.43 TSX Composite 10251.40 9562.49 9269.97 9323….
Newmont rethinks Hope Bay (October 27, 2008)
Rather than proceed with a mine plan conceived by former owner Miramar Mining that would see production begin this year, Denver, Colo.-based Newmont Mining (nmc-t, nem-n) has taken a step back at the …
TSX VENTURE SHORT POSITIONS (October 27, 2008)
Short positions outstanding at Oct. 15/08 (with changes from Sept. 30/08).
CANADIAN GOLD MUTUAL FUNDS (October 27, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
TSX SHORT POSITIONS (October 27, 2008)
Short positions outstanding at Oct. 15/08 (with changes from Sept. 30/08).
DIVIDENDS (October 27, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv…
LENDING RATES (October 27, 2008)
as of 9 a. m. ET, Oct. 21, 2008 (%) Bank of Canada 2.75 Target overnight rate 2.25 Canadian Prime 4.25 U. S. Discount Primary 1.75 U. S. Fed Funds market rate 1.50 U. S. Prime …
EXCHANGE RATES (October 27, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct. 13 Oct. 10 Oct. 9 Oct. 8 Oct. 7 US$ in C$ 1.1976 1.1823 1.1952 1.1802 1.1602 C$ in US$ 0.8350 0.8458 0.8367 0.8473 0.86…
INTERNATIONAL QUOTES (October 27, 2008)
Australia (A$) Oct 21 Oct 14 Change Bendigo Mining 0.13 0.15 -0.02 Kingsgate Cons. 0.75 0.66 0.09 Lion Selection Ltd 1.30 1.39 -0.09 Newcrest Mining 22.37 26.65 -4.28 …
Cameco opens Alice Springs office, invests in Niger exploration (October 27, 2008)
Cameco (CCO-T, CCJ-n), the world’s largest uranium company, has opened an office in Alice Springs in Australia’s Northern Territory to help advance the Angela and Pamela uranium projects nearby. A joi…