First Gold to Earn in on Croinor
South-Malartic Exploration (MSU-V), its hands full with its Mexican projects, has dealt a right to a 50% interest in the Croinor gold project in northwestern Quebec to First Gold Exploration (EFG-V, F…
News
Barrick Suing Golden Wonder Operator Over Ore Shipment
Claiming that operators salted samples of ore shipped to the Goldstrike mine in Nevada, Barrick Gold (ABX-T, ABX-N) has filed suit against Au Mining, former leasehold operator of the Golden Wonder gol…
Canadian Gold Mutual Funds (May 28, 2007)
Fund name May 21($) May 14($) Change($) Change((%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 28.89 29.03 -0.14 -0.5 8.0 2.63 577.2 Altamira Pr & Str Mtl 12.57 13.01 -0.44 -3.4…
International Quotes (May 28, 2007)
Australia (A$) May 21 May 14 Change Bendigo Mining 0.34 0.37 -0.03 Centamin Egypt 1.07 1.12 -0.05 Emperor Mines 0.13 0.13 0.00 Kingsgate Cons. 5.60 5.55 0.05 Lion Selection Gp…
BC Breaks Records
The annual PricewaterhouseCoopers (PwC) survey of the mining industry in British Columbia laid out in numbers the resurgence of mining in the province, where high metal prices, buoyed by increased shi…
Exchange Rates (May 28, 2007)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Dividends (May 28, 2007)
Company Div.($) Pay Date Record Date Consol Energy 0.07* May 25 May 4 Goldcorp 0.0.015*May 25 May 18 McChip Res 0.05 May 30 May 23 Falconbridge S3 0.29 June 1…
Resource nationalism
Among the challenges facing the mining industry in the 21st century is the resurgence of resource nationalism.
Grieco Brothers Killed in Plane Crash
Brothers Frank and Joe Grieco, principals of Oshawa, Ont.-crusher manufacturer PR Engineering, died in a small plane when it crashed attempting to land at an airstrip in Dunkirk, N.Y.
Bid-Ask — May 15-21, 2007
STOCK EXC BID ASK LAST HIGH LO Agau Res V 0.40 0.46 0.43 0.66 0.30 Allied Nevada T 5.31 5.49 5.35 6.50 4.50 Andean Res T 0.60 0.70 … 0.69…
Gold Reserve Closes US$164M Financing
Vancouver — Gold Reserve (GRZ-T, GRZ-X) has closed a US$164.2-million financing announced in early May, paving the way for construction to begin at its major holding, the Brisas gold-copper project i…
People (May 28, 2007)
Alma Res. — Clint Sharples appointed director.