News

LENDING RATES (March 10, 2008)

as of 9 a. m. ET, March 4, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.50 Canadian Prime 5.75 U. S. Discount Primary 3.50 U. S. Fed Funds market rat…



CNQ TRADING — FEB. 26-March 3, 2008

(100s) WEEK 12-MONTH STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Alliance Mining AMCL 620 0.10 0.10 0.10 0.00 0.23 0.09 Avanti Mining AVMI 655 0.50 0.43 0.50 + 0….


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 …



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 …


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