Barrick appoints Aaron Regent as CEO
Barrick Gold (ABX-T, ABX-N) founder and chairman, Peter Munk, has appointed former Falconbridge CEO, Aaron Regent, …
News
Velocity finding new moly in old Cassiar
Vancouver – The historic northern British Columbia mining town of Cassiar has a new resident: another junior explor…
Adanac avoids ‘fire-sale’ for 28 days
Vancouver – With more than US$80 million owed on a bridge-loan maturing Jan. 31, 2009, and about $100 million commi…
Avalon gets top drill grades in the Lake zone
Avalon Ventures (AVL-T) set out to define the eastern, southern and western margins of the Lake zone at its Thor La…
Fronteer plans to acquire Aurora Energy Resources
Fronteer Development Group (FRG-T, FRG-x) is the single largest shareholder, with 42%, of Aurora Energy Resources (…
Selwyn Strikes More High-Grade Zinc-Lead
Vancouver — Results are rolling in from a summer exploration program at Selwyn Resources’ (SWN-V, SWNLF-o) namesake project in the east-central Yukon, revealing new zones in the zinc-lead-rich Don Va…
TSX Venture Short Positions (December 22, 2008)
Short positions outstanding at Nov. 30/08 (with changes from Nov. 15/08).
Exchange Rates (December 22, 2008)
Exchange Rates CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 15 Dec. 12 Dec. 11 Dec. 10 Dec. 9 US$ in C$ 1.2352 1.2452 1.2183 1.2557 1.2603 C$…
Freeport-McMoRan To Run Lean In 2009
Vancouver– Freeport- McMoRan Copper & Gold (FCX-n) is making deep cuts to capital spending, nixing its dividend and chopping copper production by 5% in 2009 and by 11% in 2010.
Rusoro Makes Formal Bid For Gold Reserve
Rusoro Mining (RML-V, RMLFF-o) says its unsolicited takeover bid for Gold Reserve (GRZ-T, GRZ-x) offers a “compelling premium” and would create the “premier” Venezuelan gold company. But Gold Reserve …
Mongolia Sends Positive Signal To Foreign Miners
Mongolia’s parliament has voted to set a February 2009 deadline for completing a long-awaited draft investment agreement for Ivanhoe Mines (IVN-T, IVN-n) and Rio Tinto’s (RTP-N, RIO-L) massive Oyu Tol…
Cracking The Mystery Of The Matoush Mineralization
SITE VISIT Chibougamau, Que. — The Matoush uranium deposit is unlike any other. It’s not an unconformity deposit, such as those in Saskatchewan’s Athabasca basin, nor is it related to…