INTERNATIONAL QUOTES (October 27, 2008)
Australia (A$) Oct 21 Oct 14 Change Bendigo Mining 0.13 0.15 -0.02 Kingsgate Cons. 0.75 0.66 0.09 Lion Selection Ltd 1.30 1.39 -0.09 Newcrest Mining 22.37 26.65 -4.28 …
2008
Agnico-Eagle on track with Meadowbank for 2010 (October 27, 2008)
Gold-bearing Archean greenstone belts were first discovered in the Baker Lake area of what is now Nunavut in the 1980s. Fast-forward 28 years and Agnico-Eagle Mines (AEM-T, AEM-n) is in the midst of b…
Cameco opens Alice Springs office, invests in Niger exploration (October 27, 2008)
Cameco (CCO-T, CCJ-n), the world’s largest uranium company, has opened an office in Alice Springs in Australia’s Northern Territory to help advance the Angela and Pamela uranium projects nearby. A joi…
Capital Gold posts record production at El Chanate (October 27, 2008)
Capital Gold (CGC-T, CGLD-o) has managed to keep a tight lid on costs at its El Chanate gold mine in Mexico during the operation’s first fiscal year.
North American Tungsten cancels US$19.4M private placement with Chinese enterprise
North American Tungsten (NTC-V, NATUF-o) has cancelled a private placement of about 13.4 million units in the company at a price of $1.45 per unit that was part of a strategic alliance agreement with …
Blue Note to close Caribou and Restigouche
Blue Note Mining (BN-T, BNMFF-o) is the latest miner to join the care and maintenance club after less than a year of commercial production at its Caribou and Restigouche zinc-lead mines in Bathurst, N…
NORTH AMERICAN STOCK EXCHANGE INDICES (October 27, 2008)
52-week Date Oct. 20 Oct. 17 Oct. 16 Oct. 15 Oct. 14 High Low S&P/TSX-Ven Comp 984.94 946.12 937.79 991.21 1054.70 3192.55 921.43 TSX Composite 10251.40 9562.49 9269.97 9323….
Newmont rethinks Hope Bay (October 27, 2008)
Rather than proceed with a mine plan conceived by former owner Miramar Mining that would see production begin this year, Denver, Colo.-based Newmont Mining (nmc-t, nem-n) has taken a step back at the …
Noront CEO speaks out
In the midst of a proxy fight with a dissident shareholder, Noront Resources (NOT-V, NOSOF-o) has fired back with a positive scoping study for development of its Eagle One copper-nickel-platinum group…
Plunging PGM prices force Lac des les shutdown
A dramatic drop in platinum and palladium prices has forced North American Palladium (PDL-T, PAL-x) to temporarily shut down its Lac des les mine, near Thunder Bay, Ont., which has been operating bel…
Houston Lake digs Kenora
SITE VISIT Kenora, ONT. — The rolling hills and quiet lakes outside of Kenora, Ont., offer up many an idyllic Canadian panorama. The casual Sunday driver would be forgiven for…
TSX VENTURE SHORT POSITIONS (October 27, 2008)
Short positions outstanding at Oct. 15/08 (with changes from Sept. 30/08).