Premier hoping to complete the picture on Mine Trend
SITE VISIT Red Lake, Ont. — In gold mining, the address matters. And in Red Lake, it’s useful to be the next-door neighbour of the camp’s largest operation. The good…
News
U.S. Markets Nov. 6-12
The screaming you heard came from United States equity markets during the reporting period Nov. 6-12. Weak earnings results, and further revelations of writedowns in asset-backed debt by financial ins…
Scorpio finds promising zone
The Nuestra Senora polymetallic deposit in Sinaloa state, Mexico, continues to shape up as an underground mine-to-be for Scorpio Mining (SPM-T, SMNPF-O).
International Quotes (November 19, 2007)
Australia (A$) Nov 12 Nov 5 Change Bendigo Mining 0.30 0.30 0.00 Centamin Egypt 1.54 1.50 0.04 Emperor Mines 0.07 0.08 -0.01 Kingsgate Cons. 5.30 5.04 0.26 Lion Selection Ltd…
Dividends (November 19, 2007)
Company Div.($) Pay Date Record Date Goldcorp 0.015* Nov 23 Nov 16 Alcoa 0.17 Nov 25 Nov 2 Noranda Income Fund 0.085 Nov 26 Oct 31 Grupo Mexico 1.10* Nov…
Exchange Rates (November 19, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Finkolo gold results lift Etruscan (November 19, 2007)
Vancouver — Etruscan Resources’ (EET-T, ETRUF-O) sinking share price got a little boost recently, after the company released drill results from the Finkolo gold project in Mali and announced a $35-mi…
‘Dark clouds’ over Tahera
Tahera Diamond’s (TAH-T, TAHEF-O) future appears about as grim as the company’s books, which have been saturated in red ink since commercial production began at its Jericho diamond mine, in Nunavut, i…
Cameco prepares for less cash in Q4 (November 19, 2007)
Record-breaking uranium prices have continued to mask the setbacks that Cameco (CCO-T, CCJ-N) has been confronting over the last year, with third-quarter net earnings reaching $275 million.
Editorial: BHP Billiton eyes Rio Tinto in mining’s biggest-ever deal
The mining industry’s merger mania returned to the very top of the food chain during the week ended Nov. 10, the 45th trading week of 2007.
Consmin board good with Palmary offer (November 19, 2007)
The board of Australian chromium and manganese producer Consolidated Minerals (CNM-L, CSM-A) is sticking with its recommendation that shareholders accept a cash takeover offer from Ukrainian businessm…
Bayswater rises on near-surface uranium at Anna Lake
Uranium intersections from the Central Mineral Belt in Labrador that stretched up to 40 metres long, gave Bayswater Uranium (BAY-V) shares a 10% boost recently.