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2006

News September 4, 2006

International Quotes (September 04, 2006)

Australia (A$) Aug 29 Aug 22 Change
Bendigo Mining 1.56 1.63 -0.07
Centamin Egypt 0.73 …

News September 4, 2006

MAC warns mines ministers of looming problems

The Mining Association of Canada (MAC) delivered a strong message to federal, provincial and territorial governments recently at the 63rd annual Mines Ministers Conference in Whitehorse, Yukon, warnin…

News September 4, 2006

Red Dragon taps more Weixi zinc

Vancouver — Sampling by Red Dragon Resources (DRA-V, RDDRF-O) on its Weixi lead-zinc project in Yunnan province, China continues to return high-grade zinc values….

News September 4, 2006

Dividends (September 04, 2006)

Company Div. Pay Record
($) Date Date
First Quantum 0.095 Sep 5 Aug 22
as of 4 pm ET, Aug. 28, 2006 (%)
Bank of Canada 4.50
Target overnight rate 4.25
Canadian Prime 6.00
SOUTHWESTERN RESOURCESA drill tests Southwestern Resources' gold exploration project in Yunnan province, China.

News September 4, 2006

Banking on Boka

Southwestern Resources (SWG-T, SWGGF-O), a junior with nine years of Chinese exploration experience under its belt, is aggressively advancing the Boka gold project in the Yunnan province of China thro…

MICHELAGOA traditional Chinese ceremony in July 2005 marks the transfer of the bacterial oxidation plant in the gold-mining town of Laizhou, Shandong province, to Aussie miner, Michelago. The pillars in the background represent wisdom. And the women are holding trays of flowers, each with a pair of scissors to cut the opening ribbon. The BacOx plant, the largest of its kind in China, processes third-party concentrates at a rate of about 150,000 oz. gold annually and is key to an impending merger between Toronto-based Golden China Resources and Michelago.

News September 4, 2006

Golden China claws its way to production

A little known company that traces its roots to Hong Kong, is listed in Toronto, and is about to merge with an Australian firm that holds Chinese assets, has ambitions to become the largest foreign pr…

JINSHAN GOLD MINESConstruction of the boiler plant at Jinshan Gold Mines' CSH (217) gold project in Inner Mongolia, China. A feasibility study there envisioned a mine capable of producing about 117,000 oz. gold a year for the first nine years at a cash cost of US$253 per oz. The company hopes to start production by the end of 2006 or early 2007.

News September 4, 2006

Jinshan Gold aims for year-end startup

Vancouver — Mine development is rapidly advancing at Jinshan Gold Mines’ (JIN-V, JINFF-O) Chang Shan Hao (217) gold deposit, in the northern Chinese region of Inner Mongolia, following completion of…

News September 4, 2006

Goldcorp posts stellar Q2

Vancouver — After digesting the producing Canadian assets of Placer Dome, Goldcorp (G-T, GG-N) has turned in a stellar second quarter with net earnings of US$190.4 million (US50 per share), almost d…

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