Tiger Finding High-Grade Copper In The DRC
VANCOUVER– The mineral wealth of the Democratic Republic of the Congo (DRC) is far from tapped, if Tiger Resources’ (TGS-T, TRSDF-O) copper discoveries in the African country are any indication.
2009
TSX Venture Short Positions (March 02, 2009)
Short positions outstanding at Feb. 15/09 (with changes from Jan. 31/09).
Canadian Gold Mutual Funds (March 02, 2009)
Featured Fund: BMO precious metals as of 12/31/08 (in weighted order): Kinross Gold, Allied Nevada Gold, Agnico-Eagle Mines, Goldcorp, Red Back Mining, San Gold, Quadra Mining, Franco-Nevada, Lihir Go…
Silver Spruce And The ‘Silver Bonanza’ Puzzle
Silver Spruce Resources (SSE-V, SSEBF-O) has learned through experience in Mexico that silver solder is routinely used in diamond drill bits and that destruction of these bits, especially if water cir…
Nayarit Hunts High Grade At Orion
SITE VISIT ANIMAS, MEXICO — Nayarit Gold’s (NYG-V, NYRTF-O) vice-president of exploration, Hall Stewart, would love to go chasing veins on the company’s 1,120-sq.-km Orion property in Mexico. “The district…
China Inc. Steps Up Foreign Acquisitions
China’s state-owned companies are ratcheting up their acquisitions of struggling mining companies that have been hit by the financial crisis and poor metal prices.
Capstone Upgrades Kutcho Resource
VANCOUVER — Every little increase in grade helps at current copper prices.
Exchange Rates (March 02, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Feb. 23 Feb. 20 Feb. 19 Feb. 18 Feb. 17 US$ in C$ 1.2512 1.2541 1.2595 1.2596 1.2601 C$ in US$ 0.7992 0.7974 0.7940 0.7939 0…
International Quotes (March 02, 2009)
Australia (A$) Feb 24 Feb 17 Change Bendigo Mining 0.22 0.23 -0.01 Kingsgate Cons. 4.87 4.20 0.67 Lion Selection Ltd 0.93 0.84 0.09 Newcrest Mining 32.98 34.28 -1.30 …
Newmont Posts Record Revenues In 2008
Newmont Mining (NMC-T, NEM-N) saw higher multiples in 2008, with the gold major posting revenues of about US$6.2 billion for the year, up 12% over 2007’s US$5.5 billion.
Centamin Set To Bring Gold Mining Back To Egypt
After a long hiatus, Egypt is on the cusp of getting a new major gold mine.
Volta Defines Copper-Gold Resource In Burkina Faso
VANCOUVER — A few days after its joint-venture partner returned full ownership of the Gaoua coppergold property in Burkina Faso to Volta Resources (VTR-T, VLTAF-O), the junior announced a sizable ini…