Diagem thinks pink in Brazil (March 19, 2007)
Vancouver — Junior diamond hunter Diagem (DGM-V, DGMRF-O) has bought a 9.3-carat pink diamond recovered by an artisanal miner, or garimpeiro, on its Property 370/98 in Mato Grosso state, Brazil.
2007
Eldorado gets Chinese gold mining permit (March 19, 2007)
Vancouver — Eldorado Gold (eld-t, ego-x) recently became the first North American gold producer to be granted a Chinese mining certificate, allowing its Tanjianshan mine to advance to “official” prod…
Aurogin, Morgain to merge
Two Latin American-focused Canadian gold juniors, Aurogin Resources (AUQ-V, AROG-O) and Morgain Minerals (MGM-V, MGIMF-O), are teaming up via a friendly “merger of equals.”
Dividends (March 19, 2007)
Company Div.($) Pay Date Record Date Phelps Dodge 0.20* Mar 2 Feb 16 Randgold 0.10 Mar 8 Feb 16 Falconbridge pf2 f Mar 12 Feb 28 Falconbridge pf2 0.286 Mar…
Lending Rates (March 19, 2007)
as of 9 a.m. ET, Mar. 13, 2007 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…
BID-ASK — March 6-12, 2007
STOCK EXC BID ASK LAST HIGH LO AfriOre Ltd T 8.72 8.75 8.72 8.80 0.001 Agau Res V 0.40 0.445 0.50 0.66 0.30 American G Cap V 2.70 2.72 2.72…
Sabina likes Hackett River preliminary economics (March 19, 2007)
Vancouver — Aspiring Nunavut silver-zinc producer Sabina Silver (SBB-V, SBBFF-O) moved another step forward with a positive preliminary economic assessment (PEA) on its Hackett River project, located…
Facts ‘N’ Figures: Chile loses top ranking in Fraser Institute survey
Vancouver — Mining executives say Manitoba and Alberta have the best policy environments in the world for mining investment, and no longer consider Chile to be among the world’s top 10 jurisdictions …
Silver Spruce, Universal hit Labrador uranium
Vancouver — Drilling by joint-venture partners Silver Spruce Resources (SSE-V, SSEBF-O) and Universal Uranium (UUL-V, UULFF-O) intersected significant uranium mineralization on their Northwest claim …
Callinan sues HudBay
Callinan Mines (CAA-V, CCNMF-O) wants a look at HudBay Minerals’ (HBM-T, HBMFF-O) books on suspicions that the company isn’t complying with a net profits interest and royalty agreement signed in 1988 …
New Horizons: By the book
The Prospectors and Developers Association of Canada (PDAC) has published Sustainable Development and Corporate Social Responsibility: Tools, codes and standards for the mineral exploration industry.
AMEC engineer wins award
AMEC’s (AMEC-L) Peter Lighthall recently received one of the Engineering Institute of Canada’s highest honours at an awards ceremony in Ottawa.