TNM’s Mining Persons of the Year: Aurelian’s Anderson, Barron, Leary
Our “Mining Person of the Year” award for 2008 goes to the trio of Patrick Anderson, Keith Barron and Stephen Leary…
2008
Alexco rises on Silver Wheaton payment
Vancouver – Alexco Resource (AXR-T) received its first US$15-million payment from Silver Wheaton (SLW-T) and on the news got a nice share price lift from investors who know that, in markets…
Death of Conte brings coup in Guinea
It didn’t take long for unrest to rear its head after the long serving president of Guinea was pronounced dea…
Franco-Nevada to take 7.29% royalty on Gold Quarry
Franco-Nevada (FNV-T, FNNVF-o) has more than US$500 million in cash and other facilities to pay for new investments…
First Majestic grows La Encantada reserves by 187%
Vancouver – A 6,700-metre drill program at the La Encantada mine in the northeastern Mexican state of Co…
Barrick appoints Aaron Regent as CEO
Barrick Gold (ABX-T, ABX-N) founder and chairman, Peter Munk, has appointed former Falconbridge CEO, Aaron Regent, …
Velocity finding new moly in old Cassiar
Vancouver – The historic northern British Columbia mining town of Cassiar has a new resident: another junior explor…
Adanac avoids ‘fire-sale’ for 28 days
Vancouver – With more than US$80 million owed on a bridge-loan maturing Jan. 31, 2009, and about $100 million commi…
Avalon gets top drill grades in the Lake zone
Avalon Ventures (AVL-T) set out to define the eastern, southern and western margins of the Lake zone at its Thor La…
Fronteer plans to acquire Aurora Energy Resources
Fronteer Development Group (FRG-T, FRG-x) is the single largest shareholder, with 42%, of Aurora Energy Resources (…
Exchange Rates (December 22, 2008)
Exchange Rates CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 US$ in C$ 1.2352 1.2452 1.2183 1.2557 1.2603 C$…
TSX Short Positions (December 22, 2008)
Short positions outstanding at Nov. 30/08 (with changes from Nov. 15/08).