Dividends 2010
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News
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as of 9 a.m. ET. Aug. 23, 2010(%)
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CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Perseus pours first gold
Perth, Australia-based Perseus Mining (PRU-T, PRU-A) has started producing gold from its Central Ashanti gold project in Ghana’s renowned Ashanti gold belt.
Lombador I shines for Lundin in Portugal
A feasibility study looking at developing the upper portions of the rich Lombador zinc-copper orebodies at Neves-Corvo in Portugal has shown that it would be a “profitable and value accretive extension” to the mine, Lundin Mining (LUN-T)…
Mexico’s Echavarria to take 39% stake in Animas
Mexican investor Ernesto Echavarria has given Animas Resources (ANI-V) a $3.4-million cash injection as it works to advance the Santa Gertrudis gold project in northern Mexico.
Rapid progress for Atacama Pacific’s Cerro Maricunga
Thanks to several years of work as a private entity, Atacama Pacific Gold (ATM-V) came out of the gates running last year with a $33-million initial public offering and an advanced gold project in Chile.
Pacific North West looks to bolster Ontario’s PGM cred
Talk of platinum and palladium often leads North American mining investors’ minds to such far off places as South Africa, Russia and Zimbabwe.
Detour set to make Canadian gold mining history
The landscape around this town is prototypical of northeastern Ontario: a flat horizon dense with coniferous trees, broken here and there by a still, black lake.
Richmont’s Wasamac shows potential
Shares of Richmont Mines (RIC-T, RIC-X) jumped $1.42, or 15.1%, to $10.69 on drill results from its Wasamac gold property in Quebec’s Abitibi region.
Strong drill results from Queenston
Queenston Mining (QMI-T) has completed nine new drill holes at its wholly owned Upper Beaver gold-copper deposit in Kirkland Lake, Ont.
Magino holds promise for Prodigy Gold
Results from infill and resource expansion drilling at Prodigy Gold’s (PDG-V) Magino gold project near Wawa, Ont., sent the junior’s shares up 10% to close at 64¢ on Aug. 30.