Aura’s Aranzazu proves its strength
Vancouver — Aura Minerals (ORA-T, ORAUF-o) took over the Aranzazu mine in Zacatecas state, Mexico, three months ago. Now the final set of assay results from the previous owner’s 40,000-metre drill pr…
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Bateman appointed engineer for Poseidon’s Windarra
Amsterdam-based consulting company Bateman Engineering has been contracted to produce prefeasibility work for Poseidon Nickel’s (PSDNF-O, POS-a) Windarra nickel project, 17 km northwest of Laverton, i…
TSX SHORT POSITIONS (September 29, 2008)
Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08).
CANADIAN GOLD MUTUAL FUNDS (September 29, 2008)
as of Sept. 8/08
EXCHANGE RATES (September 29, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 22 Sept. 19 Sept. 18 Sept. 17 Sept. 16 US$ in C$ 1.0382 1.0470 1.0701 1.0783 1.0734 C$ in US$ 0.9632 0.9551 0.9345 0.927…
LENDING RATES (September 29, 2008)
as of 9 a. m. ET, Sept. 23, 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 …
DIVIDENDS (September 29, 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$3.75 cmltv…
Schaft Creek twice the price for Copper Fox (September 29, 2008)
Vancouver — Copper Fox Metals (CUU-V, CPFXF-o) has both upped the size and doubled the capital cost of its Schaft Creek, copper-gold project, about 300 km north of Prince Rupert, B. C., with the rele…
Agnico-Eagle digs deep in Quebec (September 29, 2008)
Denver, Colo. — If it isn’t broken — don’t fix it. That seemed to be the subtext of gold producer Agnico-Eagle Mines (AEM-T, AEM-n), at the Sept 8-10 Denver Gold Forum.
Cabo Drilling lands Rio Grande Silver contract
Vancouver-headquartered Cabo Drilling’s (CBE-V, CBEEF-o)U. S. subsidiary, Advanced Drilling Inc., has been contracted by Rio Grande Silver to conduct at least 35,000 ft. of surface core drilling for t…
Minova International relocates Down Under
SUPPLIERS NEWS
INTERNATIONAL QUOTES (September 29, 2008)
Australia (A$) Sept 23 Sept 16 Change Bendigo Mining 0.20 0.15 0.05 Kingsgate Cons. 5.54 4.50 1.04 Lion Selection Ltd 1.38 1.38 0.00 Newcrest Mining 26.84 21.45 5.39 …