UTS: a rare breed on the oilsands (March 22, 2010)
UTS Energy (UTS-T) has established itself as a rare-breed amongst oilsands juniors.
News
Southern Pacific buys remaining 20% of McKay for $33 million
Southern Pacific (STP-V) has signed a deal to increase its stake in the McKay oilsands project 45 km nort…
Crocodile Gold unveils guidance and exploration program
Crocodile Gold (CRK-T, CROCF-O) plans to produce 120,000 oz. gold this year at a cash cost of US$650 per oz. a…
EXCHANGE RATES (March 22, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Mar. 15 Mar. 12 Mar. 11 Mar. 10 Mar. 9 US$ in C$ 1.0217 1.0187 1.0265 1.0243 1.0251 C$ in US$ 0.9788 0.9816 0.9742 0.9763 0….
INTERNATIONAL QUOTES (March 22, 2010)
Australia (A$) Mar 09 Mar 03 Change Aquila Resources 10.7 9.82 0.88 Bendigo Mining 0.24 0.22 0.02 Centennial Coal 3.93 3.71 0.22 Fortescue Res 4.84 4.70 0.14 Iluka Re…
Kirkland Lake Gold finds its feet (March 22, 2010)
Despite a five month production interruption due to a borehole collapse in June 2009, Kirkland Lake Gold (KGI-T, KGI-L) says it is back on track and expects to produce and pour between 45,000 and 55,0…
Alexis looks to restart Snow Lake gold mine
VANCOUVER — A preliminary assessment of the Snow Lake mine in west-central Manitoba concluded that new owner, Alexis Minerals (AMC-T), could profitably restart the underground gold operation and run …
Amazon posts initial potash resource in Brazil (March 22, 2010)
Amazon Mining Holding (AMZ-V) has defined an inferred resource for its Cerrado Verde potash project in Brazil of 105 million tonnes grading an average of 10.3% potassium oxide.
International Tower Hill ups Livengood again (March 22, 2010)
VANCOUVER — Another 64 holes, another increase to the resource estimate: International Tower Hill Mines (ITH-T) has increased the Livengood gold deposit yet again.
NovaGold raises $175 million (March 22, 2010)
VANCOUVER — NovaGold Resources (NG-T, NG-X) is all cashed up — in two days the Vancouverbased company closed two financings to add US$175 million to its coffers.
Kinross to acquire Underworld Resources (March 22, 2010)
The boards of Kinross Gold (K-T, KGC-N) and Underworld Resources (UW-V) have given their approval to a friendly takeover deal that will give Kinross the junior exploration company’s White Gold project…
Don Coxe: mining’s the best place to be
When Don Coxe looks at the new global economic order he sees opportunity — vast opportunity, especially for North American miners and explorers.