Int’l Minerals mulls options at Gaby
A prefeasibility study for International Minerals’ (IMZ-T, IMZLF-O) Gaby open-pit gold project in Ecuador found that all four processing options tested would be too costly at a base case gold price of…
News
Exchange Rates (March 03, 2008)
CANADIAN/ U. S. EXCHANGE ( Bank of Canada noon rate) Date Feb. 25 Feb. 22 Feb. 21 Feb. 20 Feb. 19 US$ in C$ 0.9980 1.0156 1.0087 1.0190 1.0160 C$ in US$ 1.0020 0.9846 0…
Lending Rates (March 03, 2008)
as of 9 a. m. ET, Feb. 26, 2008 (%) Bank of Canada 4.25 Target overnight rate 4.00 Canadian Prime 5.75 U. S. Discount Primary 3.50 U. S. Fed Funds market rate 3.00 U. S. Prime …
Richmont raises reserves (March 03, 2008)
While Richmont Mines (RIC-T, RIC-X) increased production only slightly in 2007, it raised gold reserves significantly, to 361,000 oz. gold from about 49,000 oz. the year before as a result of its expl…
International Quotes (March 03, 2008)
Australia ( A$) Feb 26 Feb 19 Change Bendigo Mining 0.34 0.33 0.01 Centamin Egypt 1.63 1.65 – 0.02 Emperor Mines 0.06 0.06 0.00 Kingsgate Cons. 3.85 3.94 – 0.09 …
Barrick buys rest of Cortez for US$1.7B
One of the planet’s best gold assets is now solely in the hands of the world’s biggest gold miner.
Earnings Summary (March 03, 2008)
FROM CNW GROUP. WWW.NEWSWIRE.CA. ALL FIGURES IN THOUSANDS EXCEPT PER-SHARE FIGURES, WHICH ARE BASIC UNLESS OTHERWISE INDICATED.
Alexis set for Q2 startup at Lac Herbin
After a bulk sample, an updated resource and a revised feasibility study, Alexis Minerals (AMC-T, AXSMF-O) has decided to start commercial production at the Lac Herbin gold mine in Val d’Or, Que., by …
New resource estimate for Pebble East
An updated resource estimate for Pebble East confirms Northern Dynasty Minerals’ (NDM-T, NAK-X) claims that its copper-gold-molybdenum deposit in southwestern Alaska is one of the most significant in …
Potash One raising more funds for Legacy (March 03, 2008)
VANCOUVER — Little more than a month after closing an $11-million financing, Potash One (KCL-V, KCLOF-O)–which recently changed its name from ISX Resources — is going back to the market looking for…
La Mancha works to gain market favour
It’s been nearly two years since a reverse takeover put Areva’s gold assets into La Mancha Resources’s (LMA-T, LACHF-O) hands (then listed on the TSX Venture Exchange) — effectively creating a gold s…
Kinbauri’s efforts at El Valle paying off (March 03, 2008)
VANCOUVER — It’s looking more and more like Kinbauri Gold’s (KNB-V, KINBF-O) $5-million bet on the past-producing El Valle and Carles gold-copper deposits in northwestern Spain was a good one.