International Quotes (December 01, 2008)
Australia (A$) Nov 25 Nov 4 Change Bendigo Mining 0.12 0.12 0.00 Kingsgate Cons. 2.80 2.93 -0.13 Lion Selection Ltd 0.92 1.10 -0.18 Newcrest Mining 24.45 20.65 3.80 R…
2008
North American Stock Exchange Indices (December 01, 2008)
52-week Date Nov. 24 Nov. 21 Nov. 20 Nov. 19 Nov. 18 High Low S&P/TSX-Ven Comp 722.79 704.17 691.95 730.09 750.25 2886.39 685.07 TSX Composite 8440.87 8155.39 7724.76 8490.56…
Minefinders Pours First Gold
Minefinders’ (MFL-T, MFN-x) Dolores open-pit mine in Chihuahua, Mexico, is expected to produce more than 1.7 million oz. gold and 64 million oz. silver over an estimated 15-year life.
Torlon Hill Small, But Rich
Vancouver — Firestone Ventures (FV-V, FSVEF-o) has proven up a small, high-grade zinc-lead resource at its Torlon Hill project in Guatemala.
NovaGold Shutters Rock Creek Mine
Vancouver — NovaGold Resources (NG-T, NG-x) shares plunged $1.48 to close at 72 after the company announced it was suspending production at its Rock Creek gold mine and that it wouldn’t be able to m…
Exploration Adit Proving Its Worth At Niblack
Vancouver — The first underground drilling program at Committee Bay Resources’ (CBR-V, CBYRF-o)Niblack project, on Prince of Wales Island in Alaska, returned strong intercepts that are sure to expand…
Kinbauri Expands Resources At El Valle, Carles Gold-Copper Mines
Last March, Kinbauri Gold (KNB-V, KINBF-o) acquired gold assets in northwestern Spain from Rio Narcea Gold Mines for US$5 million. The goods included two exploration properties and fixed assets at the…
BHP Billiton Drops Rio Tinto Offer
The world’s largest miner, BHP Billiton (BHP-N, BLT-l), has withdrawn its hostile takeover bid for fellow mega-miner Rio Tinto (RTP-N, RIO-l).
Tsx Short Positions (December 01, 2008)
Short positions outstanding at Nov. 15/08 (with changes from Oct. 31/08).
Canadian Gold Mutual Funds (December 01, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
HudBay Bids For Lundin
Vancouver — In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T, HBMFF-o) and Lundin Mining (LUN-T, LMC-n) plans to merge into what they hope will be the next major global …
Stroud Makes Strides In Mexico
Stroud Resources (SDR-V, SDURF-o) is posting solid results from La Rayas, one of two mineralized zones, at its 100%-owned Santo Domingo silver-gold project, 90 km northwest of Guadalajara in central M…