EXCHANGE RATES (September 06, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Aug 30 Aug 27 Aug 26 Aug 25 Aug 24 US$ in C$ 1.0562 1.0546 1.0546 1.0642 1.0563 C$ in US$ 0.9468 0.9482 0.9482 0.9397 0.9467…
Volume 96 Number 29 - Sep 6 - Sep 12, 2010
HudBay’s $30-M investment lifts Augusta
VANCOUVER — Augusta Resource (AZC-T, AZC-X) is $30 million richer after HudBay Minerals (HBM-T, HBMFF-O) picked up 11% of the company, providing Augusta with the funds it needs to keep advancing its …
Rosatom pursues uranium success
Sergey Kirienko, the director general of Russia’s Rosatom, said the state-run nuclear holding company had no plans to buy out Uranium One (UUU-T), adding that its investment in the Canadian company wo…
Auryx Gold says Namibia has been overlooked
Sometimes it pays off going to mining conferences.
Centerra looks beyond Boroo
ULAANBAATAR, MONGOLIA — Walking the halls of Centerra Gold’s (CG-T) modern office overlooking the city’s political heart, Sukhbaatar Square, the president of Centerra’s local operating subsidiary Boroo Gold, John Kazakoff, gestures towards a…
Will the Chinese bid for Potash Corp.?
As speculation mounts about the possibility of alternative bids emerging for Potash Corp. of Saskatchewan (POT-T, POT-N), many eyes are turning to China, which needs potash to meet its growing food needs.”Food security is important for China…
Entre sitting pretty in OT’s shadow
SOUTH GOBI DESERT, MONGOLIA — “Closeology” can sometimes be just as valuable as geology, says Lindsay Bottomer, vice-president of business development for Entrée Gold (ETG-T, EGI-X, EKA-F), a Canadian junior explorer that has tossed its…
Monument nears production at Selinsing
VANCOUVER — Tucked away in rural Malaysia, Vancouver-based Monument Mining (MMY-V, D7Q1-F) has quickly and quietly been bringing online a respectably sized gold mine.Monument acquired the Selinsing gold project in June 2007 and has since…
Prophecy advances Mongolian projects
Prophecy Resource (PCY-T, PRPCF-O) has recently upgraded the inferred resources at its Chandgana Khavtgai coal project, in east central Mongolia, to the measured and indicated category.The project’s resource now weighs in at 1.07 billion…