News

CANADIAN GOLD MUTUAL FUNDS (October 13, 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 13, 2008)

Short positions outstanding at Sept. 30/08 (with changes from Sept. 15/08). Largest short positions Lundin Mining LUN 23973922 -2240139 Ivanhoe Mines IVN 17773821 627410 Eldorado Gol…


EXCHANGE RATES (October 13, 2008)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct. 6 Oct. 3 Oct. 2 Oct. 1 Sept. 30 US$ in C$ 1.1027 1.0812 1.0769 1.0609 1.0599 C$ in US$ 0.9069 0.9249 0.9286 0.9426 0.94…


Candente pulls long interval at Canariaco Sur

Vancouver — As Candente Resources (DNT-T, CDOUF-o) closes in on an expanded scoping study for its Canariaco Norte copper-gold porphyry, its first drill result from a second porphyry target 1.3 km to …


LENDING RATES (October 13, 2008)

as of 9 a. m. ET, Oct. 7, 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 5…


DIVIDENDS (October 13, 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…


INTERNATIONAL QUOTES (October 13, 2008)

Australia (A$) Oct 6 Sept 30 Change Bendigo Mining 0.16 0.19 -0.03 Kingsgate Cons. 0.64 0.82 -0.18 Lion Selection Ltd 1.50 1.49 0.01 Newcrest Mining 24.25 27.63 -3.38 …




Miners still waiting on DRC review

Investors and onlookers alike will have to hold their collective breath a little longer as completion of the mining contract review in the Democratic Republic of the Congo has been delayed.


High-grade mineralization from Western Prospector Group's Saddle Hills uranium project, in Mongolia. Hong Kong-based Tinpo is wavering on a $1.34-per-share deal to acquire the company because of perceived uncertainty in Mongolia's uranium sector.

Tinpo backs off Western Prospector bid

Tinpo Holdings gave Western Prospector Group (WNP-V, WEPGF-o) shareholders a sudden jolt recently, when it unexpectedly announced it was taking its $74- million offer for the company off the table.


Mexoro upbeat about past producing Cieneguita

If one adheres to the safety-in-numbers school of mining and exploration then Mexoro Minerals’ (MXOM-o) Cieneguita property, in Mexico’s Sierra Madre occidental belt in Chihuahua state, is a pretty sa…


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