EXCHANGE RATES (March 10, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date March 3 Feb. 29 Feb. 28 Feb. 27 Feb. 26 US$ in C$ 0.9883 0.9844 0.9765 0.9807 0.9824 C$ in US$ 1.0118 1.0158 …
News
INTERNATIONAL QUOTES (March 10, 2008)
Australia (A$) March 4 Feb 26 Change Bendigo Mining 0.31 0.34 -0.03 Centamin Egypt 1.69 1.63 0.06 Emperor Mines 0.06 0.06 0.00 Kingsgate …
Moly Mines awards Metso crusher contract
Australia-focused molybdenum company Moly Mines (MOL-T, MOL-A) has awarded Metso Minerals a contract to build secondary crushers for its Spinifex Ridge project.
Tirex sees promise in underexplored Albania
VANCOUVER–The first drill result out of Tirex Resources’ (TXX-V, TIRXF-O) Mirdita project indicates the company’s decision to delve into underexplored Albanian geology may have been a good one.
Golden Star reports US$36.4M loss for 2007
Despite a 43% increase in revenues and record gold production from its Ghana operations in 2007, Golden Star Resources (GSC-T, GSS-X) reported a net loss of US$36.4 million.
High-grade buoys Great Panther
VANCOUVER — Underground drilling by Great Panther Resources (GPR-T, GPRLF-O) at its Guanajuato silver mine in central Mexico has extended the depth of high-grade silver and gold mineralization to at …
East Asia Minerals off and running in Indonesia
VANCOUVER — With 15 gold and copper projects on the go in Indonesia, as well as three uranium projects in Mongolia, East Asia Minerals (EAS-V, EAIAF-O) has been churning out a lot of news over the pa…
U3O8 advances drilling in Guyana
U3O8 Corp. (UWE-V, UTREF-O) has begun the third phase of drilling at its Aricheng South uranium deposit in Guyana with hopes that there’s enough mineralization to warrant a resource estimate.
Canadian Arrow says Kenbridge economic
The average cost to produce a pound of nickel at the Kenbridge nickel project in northwestern Ontario, net of byproduct credits for copper, will be about C$4.89 per lb. — well below nickel’s current …
Black Pearl eyes production at Timmins
The Timmins gold property in the southern Abitibi greenstone belt of northern Ontario is “a potential company maker,” says Judy Baker, president of Black Pearl Minerals (BLK-V, BPMCF-O).
Magellan hits more Brazilian gold
If results from its next 24 drill holes are as promising as assays from its first four, Magellan Minerals (MNM-V) will be the next hot name on the junior exploration circuit.
Hathor drills hit high-grade uranium
VANCOUVER — After its stock surged on news in late February of highly anomalous uranium-mineralized drill intercepts, Hathor Exploration (HAT-V, HTHXF-O) posted further gains on assays confirming wid…