Gold World sues former partners, starts anew in China (December 24, 2007)
Gold World Resources (GDW-V) is picking up the pieces of its China strategy and has signed a new joint-venture contract on a silver-gold property in Hebei province.
2007
International Quotes (December 24, 2007)
Australia (A$) Dec 17 Dec 10 Change Bendigo Mining 0.32 0.34 -0.02 Centamin Egypt 1.28 1.35 -0.07 Emperor Mines 0.07 0.07 0.00 Kingsgate Cons. 4.30 4.48 -0.18 Lion Selection Ltd…
Dividends (December 24, 2007)
Company Div.($) Pay Date Record Date Goldcorp 0.015 Dec 28 Dec 21 Newmont Mining 0.10* Dec 28 Dec 7 Hecla Mining 0.875* Jan 1 Dec 14 Iamgold 0.06* Jan 11…
Castillian expands nickel-copper deposit
Due to lab delays, Castillian Resources (CT-V, CTIIF-O) may have to wait until the beginning of 2008 for a resource estimate on its Las Aguilias nickel-copper-platinum group element project, in Argent…
Kootenay Gold climbs on Promontorio drill results (December 24, 2007)
Vancouver — Kootenay Gold’s (KTN-V, KOOYF-O) share price shot up after news that the company hit significant precious and base metal mineralization in 20 of 22 holes drilled at its flagship Promontor…
Silvercorp to build new mill at Ying
After a spending spree this year during which Silvercorp Metals (SVM-T, SVMFF-O) acquired three new properties within 15 km of its Ying silver camp, the company has started to build a 2,000-tonne-per-…
Mine life, costs grow at Hard Creek’s Turnagain
Vancouver — An updated preliminary assessment for Hard Creek Nickel’s (HNC-V, HNCKF-O) Turnagain nickel deposit in northern British Columbia points to the economic potential of an open-pit operation …
Lending Rates (December 24, 2007)
as of 9 a.m. ET, Dec 18, 2007(%)
Lihir Gold restoring operations at Ballarat mine (December 24, 2007)
Vancouver — Following a recent rock fall at its Ballarat mine in Australia’s Victoria state, Lihir Gold (LGG-T, LIHR-Q, LGL-A) is moving to re-establish underground development operations.
Toronto Stock Exchange Dec. 11-17
As the TSX Composite Index plunged 553.25 points, or nearly 4%, to 13,387.11 over the Dec. 11-17 trading period, the Bank of Canada moved to lower interest rates and improve liquidity with a $205-mill…
TSX Venture Exchange Dec. 11-17
Gold slipping below US$800 per oz., coupled with year-end tax loss selling, prompted a 143.32-point drop in the S&P-TSX Venture Composite Index over the Dec. 11-17 trading session. The index close…
U.S. Markets Dec. 11-17
It was a woeful week for the U.S. markets. The housing slump continued to weigh heavily on the economy, and mortgage defaults further tightened the credit market over the Dec. 11-17 trading session. S…