Rockwell snubs Pala bid
Vancouver — South African alluvial producer Rockwell Diamonds (RDI-T, RDIAF-o) is fighting off a hostile takeover offer from its largest shareholder, a private equity firm based in the Channel Island…
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TORONTO STOCK EXCHANGE SEPT. 16-22
It was a turbulent week for the TSX Composite Index as ripples from the U. S. government’s proposed US$700-billion financial bailout were felt in Toronto. The Sept 16-22 trading period saw the TSX flu…
Swedish magnetite draws Northland Resources
Vancouver–With its latest round of drilling in Sweden, Northland Resources (NAU-T, NRSRF-o) has confirmed good iron grades at Pellivuoma, 15 km west of its planned Tapuli iron ore mine.
Searching for nickel near Timmins
Vancouver — Timmins and its environs may be known for their rich gold history but in Langmuir Twp., these days it’s all about nickel.
TSX VENTURE EXCHANGE SEPT. 16-22
The Sept. 16-22 trading session started badly for the S&P-TSX Venture Exchange, but ended better with news of the U. S. government’s planned bailout package likely reversing early losses. After sh…
Northern Gold explores Kirana’s gold potential (September 29, 2008)
Fortified by a $3.2-million treasury, Toronto-based Northern Gold Mining (NGM-V, NTGMF-o) has launched an ambitious exploration program on its gold properties near Timmins and Kirkland Lake, Ont.
PRODUCER AND DEALER PRICES (September 29, 2008)
Antimony: Mid-mkt US$6,466.66/t.
DAILY METAL PRICES (September 29, 2008)
Date Sept. 22 Sept. 19 Sept. 18 Sept. 17 Sept. 16 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2185/2210 2170/2210 2210/2220 2180/2230 2…
Liberty ramps up at McWatters nickel mine
After having a challenging time with ramp development, Liberty Mines (LBE-t) has reached the preproduction stage at its McWatters nickel mine, 29 km south of Timmins, Ont.
NORTH AMERICAN STOCK EXCHANGE INDICES (September 29, 2008)
52-week Date Sept. 22 Sept. 19 Sept. 18 Sept. 17 Sept. 16 High Low S&P/TSX-Ven Comp 1575.99 1549.22 1477.88 1469.59 1459.04 3192.55 1446.92 TSX Composite 12638.07 12912.99 12064.57 11877.69 12226.99…
TSX VENTURE SHORT POSITIONS (September 29, 2008)
Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08).
More trouble for Cameco at Port Hope (September 29, 2008)
Cameco (CCO-T, CCJ-n) has been given the green light to restart operations at its Port Hope uranium hexafluoride conversion plant — which was shut down in July 2007 when contaminated soil was found b…