Atna and Canyon to merge (November 19, 2007)
Vancouver – In a deal valued at $25.3 million, Atna Resources (ATN-T) and Canyon Resources (CAU-X) have decided to …
2007
Alexandria and the new Abitibi (November 19, 2007)
SITE VISITVal dOr, Que. — Alexandria Minerals (AZX-V, A9D-F) might be at the early stage of the exploration g…
Aguablanca getting bigger for Lundin
Lundin Minings (LUN-T, LMC-N, LUMI-O) late summer acquisition of Rio Narcea and its Aguablanca project in southern…
Scorpio finds promising zone
The Nuestra Senora polymetallic deposit in Sinaloa state, Mexico, continues to shape up as an underground mine-to-be for Scorpio Mining (SPM-T, SMNPF-O).
International Quotes (November 19, 2007)
Australia (A$) 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…
Ironing out possible mega merger
Spurned by the board of Rio Tinto (RTP-N, RIO-L, RIO-A) in a friendly approach, BHP Billiton (BHP-N, BLT-L, BHP-A) has made its proposal for a US$138-billion all-share bid public in an attempt to brin…
‘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…
NovaGold, Barrick to split Donlin 50/50
Vancouver — After long legal disputes and lots of nasty words, NovaGold Resources (NG-T, NG-X) and Barrick Gold (ABX-T, ABX-N) have decided to bury the hatchet and work together to advance the large-…
Mongolia’s minefield
Ulaanbaatar, Mongolia — Mining executives at the recent Discover Mongolia 2007 Conference spoke out strongly against controversial mining laws they claim are strangling mine development and urged the…