Canadian Arrow says Kenbridge economic
The average cost to produce a pound of nickel at the Kenbridge nickel project in northwestern Ontario, net of byproduct credits for copper, will be about C$4.89 per lb. — well below nickel’s current …
2008
CANADIAN GOLD MUTUAL FUNDS (March 10, 2008)
Featured Fund: TD Precious Metals top holdings, as of 10/29/07 (in weighted order): Goldcorp, Barrick Gold, Yamana Gold, Agnico-Eagle Mines, Harry Winston Diamond, Palmarejo Silver and Gold, Anglo Ame…
Black Pearl eyes production at Timmins
The Timmins gold property in the southern Abitibi greenstone belt of northern Ontario is “a potential company maker,” says Judy Baker, president of Black Pearl Minerals (BLK-V, BPMCF-O).
SPOT PRICES (March 10, 2008)
COURTESY OF SCOTIABANK
LENDING RATES (March 10, 2008)
as of 9 a. m. ET, March 4, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.50 Canadian Prime 5.75 U. S. Discount Primary 3.50 U. S. Fed Funds market rat…
TSX SHORT POSITIONS (March 10, 2008)
Short positions outstanding at Feb. 15/08 (with changes from Jan. 30/08).
CNQ TRADING — FEB. 26-March 3, 2008
(100s) WEEK 12-MONTH STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Alliance Mining AMCL 620 0.10 0.10 0.10 0.00 0.23 0.09 Avanti Mining AVMI 655 0.50 0.43 0.50 + 0….
Magellan hits more Brazilian gold
If results from its next 24 drill holes are as promising as assays from its first four, Magellan Minerals (MNM-V) will be the next hot name on the junior exploration circuit.
Hathor drills hit high-grade uranium
VANCOUVER — After its stock surged on news in late February of highly anomalous uranium-mineralized drill intercepts, Hathor Exploration (HAT-V, HTHXF-O) posted further gains on assays confirming wid…
Verena adds to Volta Grande gold resource
Exploration for gold deposits in the Volta Grande area of the eastern Amazon region of Brazil dates back to the Portuguese conquests of the 16th century and has continued sporadically to the present.
Prime Energy gets new moniker
Air compressor rental company, Prime Energy Rental, has changed its name to Atlas Copco Prime Energy to better reflect its relationship with its parent corporation, Atlas Copco.
EXCHANGE RATES (March 10, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date March 3 Feb. 29 Feb. 28 Feb. 27 Feb. 26 US$ in C$ 0.9883 0.9844 0.9765 0.9807 0.9824 C$ in US$ 1.0118 1.0158 …