Aurizon weighs JV with Radisson
Aurizon Mines (ARZ-T, AZK-X) is considering a joint venture with Radisson Mining Resources (RDS-V) for the O’Brien-Kewagama property, home to the past-producing high-grade O’Brien gold mine, in the Ab…
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DIVIDENDS (April 28, 2008)
Note: Xstrata will pay its pref sh series 3 div of $0.2862 on June 2, rec May 15. Vale will pay $0.52* on common and pr sh to be paid in two installments on Apr 30 and Oct 31. Alcoa will pay $0.9367* …
EXCHANGE RATES (April 28, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 21 April 18 April 17 April 16 April 15 US$ in C$ 1.0066 1.0084 1.0113 1.0025 1.0181 C$ in US$ 0.9934 0.9917 0.9888 0.997…
CNQ TRADING — April 15-21, 2008
(100s) WEEK 12-MONTH STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Alliance Mining AMCL 340 0.105 0.09 0.09 0.00 0.23 0.085 Avanti Mining AVMI 330 0.38 0.30 0.30 -0…
Alberta Star explores historic uranium area
Alberta Star Development (ASX-V, ASXSF-O) delved deep into the Northwest Territories’ uranium past and is finding what could develop into the area’s future.
Rio Tinto Alcan developing greener smelting technology
Aluminum giant Rio Tinto Alcan, a subsidiary of Rio Tinto, has announced that it has begun development of new smelting technology that could reduce energy consumption by 20%.
LENDING RATES (April 28, 2008)
as of 9 a. m. ET, April 22, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.00 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
INTERNATIONAL QUOTES (April 28, 2008)
Australia (A$) April 22 April 8 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.51 1.49 0.02 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.31 4.15 0.16 Lion S…
Golden Arrow hits the mark
Drill results that revealed continuous gold and silver mineralization over a lengthy intercept at the Poncha gold-copper project, in Argentina, drove Golden Arrow Resources’ (GRG-T, GARWF-O) shares up…
Thompson Creek weighs risk and reward at Davidson (April 28, 2008)
VANCOUVER — Risk-averse major mining companies didn’t rush to revive molybdenum properties as prices began to climb in 2004, after averaging US$4.50 per lb. for a decade. They’d seen moly prices soar…
MacLean Engineering brings new scissor truck to Canada
MacLean Engineering and Marketing, the Collingwood, Ont.-based supplier of underground mining equipment has announced the introduction of its new Mine Mate series scissor truck to the Canadian market.
Osisko predicts 14-year life at Canadian Malartic gold project
A scoping study of the Canadian Malartic gold project near Val d’Or, Que., suggests the deposit will produce 572,000 oz. gold per year at a cash cost of US$314 per oz. for the first three years of pro…