Augen Gold explores Swayze greenstone belt
Jerome, Ont. – Michael Fowler hopes to make a gold and molybdenum discovery here in the Swayze greenstone belt, a p…
News
Cleveland-Cliffs bids for coal miner Alpha Natural
If the takeover by Cleveland- Cliffs (CLF-N) of Alpha Natural Resources (ANR-N) goes ahead, the new entity will own nine iron-ore facilities and more than 60 coal mines across North America, South Ame…
U. S. MARKETS JULY 18 -21
A week after the United States government announced it would help prop up mortgage buyers Fannie Mae and Freddie Mac, market anxiety has cooled a little, demonstrated by gains over the July 15-21 trad…
TORONTO STOCK EXCHANGE JULY 18 – 21
The TSX was down during the July 15-21 trading session, with the TSX Composite Index losing 52 points, or 0.4%, to 13,689. Mining and materials stocks suffered steeper losses: the Capped Metals and Mi…
TSX VENTURE EXCHANGE JULY 18 – 21
The S&P-TSX Venture Composite Index continued its slow but steady decline over the July 15-21 trading session, losing 90.67 points to close at 2,287.67. Trading volumes remained less than stellar,…
LENDING RATES (July 28, 2008)
as of 9 a. m. ET, July 22, 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 …
EXCHANGE RATES (July 28, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 21 July 18 July 17 July 16 July 15 US$ in C$ 1.0021 1.0053 1.0016 1.0017 1.0020 C$ in US$ 0.9979 0.9947 0.9984 0.9983 0…
INTERNATIONAL QUOTES (July 28, 2008)
Australia (A$) July 22 July 14 Change Bendigo Mining 0.28 0.28 0.00 Centamin Egypt 1.15 1.06 0.09 Kingsgate Cons. 6.04 4.90 1.14 Lion Selection Ltd 1.62 1.65 -0.03 Ne…
Canada Nickel to option ‘Ring of Fire’ property from Diamondex
Privately held Canada Nickel Corp. has signed an option agreement with Diamondex Resources (DSP-V, DMDXF-O) to earn up to a 51% interest in the James Bay lowlands nickel project, in northern Ontario.
More coloured diamonds unearthed at Mori JV
Believed to be the first time rare coloured diamonds have been found in such great numbers in Ontario, more than half of the 5,216 diamonds recovered at the Mori joint-venture property near Wawa, Ont….
Yankee Hat brings copper into the fold (July 28, 2008)
VANCOUVER– Yankee Hat Minerals (KHT-V, YKHTF-O) isn’t doodling at its Lobo del Norte site, 20 km southwest of Whitehorse, Yukon. It only optioned the project from Lobo del Norte Exploration in April,…
Franconia updates Birch Lake resource
VANCOUVER– Franconia Minerals (FRA-T, FRALF-O) has doubled its resource estimate for the Main zone at its Birch Lake copper-nickel- platinum group metals deposit, about 11 km northeast of Babbitt, in…