TORONTO STOCK EXCHANGE (March 24, 2008)
Any gains over the March 11-17 trading period were shortlived after many Canadian stocks retreated on news of a fire sale south of the border — JPMorgan Chase agreed to buy Bear Stearns for less than…
2008
Diamonds North rises on Tuktu results;Diamonds North rises on Tuktu results
VANCOUVER — High initial diamond counts from additional pipes at Diamonds North Resources’ (DDN-V, DDNFF-O) Tuktu kimberlite cluster on its Amaruk property, Nunavut, gave the gem hunter a significant…
Silver Standard boosts Snowfield gold tally (March 24, 2008)
VANCOUVER — Silver Standard Resources (SSO-T, SSRI-Q) has significantly increased gold resources at its Snowfield project, located 40 km north of Stewart, B. C.
Gold tops US$1,000 per oz.
The week ended March 15, the eleventh trading week of 2008, was capped by a powerful rally in gold prices stemming from the political and market tumult rippling out from world’s financial centre in Lo…
SGS acquires Wamtech
Global certification experts SGS has acquired geochemistry technology provider Wamtech.
Aurelian enlists Redpath, Cartellone for mine planning
Ecuador-focused company Aurelian Resources (ARU-T, AUREF-O) has announced a joint venture between mine contractors Redpath Group and Jose Cartellone Construcciones Civiles will provide construction pl…
AMEC lands Potash Corp. contract
International engineering and project management company, AMEC (AMEC-L) has been awarded a contract with Potash Corp. of Saskatchewan (POT-T, POT-N) at the company’s Rocanville potash mine in Saskatch…
Aker Kvaerner to relocate, expand technology shop
Norwegian engineering powerhouse Aker Kvaerner has announced plans to relocate the company’s fabrication shop to Pickering, Ont.
PEOPLE (March 24, 2008)
Anaconda Mining — John McBride appointed chairman of the board of directors; Lewis Lawrick appointed president and CEO. He remains a director. Anglo SwissResources– Edward Nunn appointed a director….
Pico Envirotec Inc.
Mr Bob Pavlik President of Pico Envirotec Inc. of 222 Snidercroft Road, Concord Ontario announced that the board had appointed Patrick Cunneen to be Chairman of the company. Pico Envirotec manufacture…
And the winner is
There are two recipients of this year’s Distinguished Service Award from the Prospectors and Developers Association of Canada, which was handed out at the PDAC awards night in March. Top: Donald Musta…
Platinum price volatile as South African power crisis continues
VANCOUVER — Broken generators and cold, wet weather are once again threatening operations at South African mines and forcing the country’s residents to endure rolling blackouts.