EXCHANGE RATES (November 17, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov. 10 Nov. 7 Nov. 6 Nov. 5 Nov. 4 US$ in C$ 1.1942 1.1835 1.1818 1.1596 1.1499 C$ in US$ 0.8374 0.8450 0.8462 0.8624 0.869…
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INTERNATIONAL QUOTES (November 17, 2008)
Australia (A$) Nov 4 Oct 28 Change Bendigo Mining 0.12 0.11 0.01 Kingsgate Cons. 2.93 2.31 0.62 Lion Selection Ltd 1.10 1.20 -0.10 Newcrest Mining 20.65 17.71 2.94 Re…
In pursuit of financing, Adanac retools Ruby Creek
Adanac Molybdenum (AUA-T, AUAYF-o) is looking into a new plan for its Ruby Creek moly project near Atlin, B. C., after figures from an updated feasibility study weren’t as promising as the originals.
Jasper posts more drill results from B. C.
In an interview with The Northern Miner in December 2005, Gordon Dixon, president of Jasper Mining (JSP-V, JAMGF-o), said the company’s McFarlane property, just east of Kootenay Lake in British Columb…
Metals Commentary: Gold and the coming new monetary system
For decades we have referred to Bretton Woods in the sense of “during the Bretton Woods period” and “after the demise of Bretton Woods.”
Obituary: Mining machinery entrepreneur Jack Clark dies at 82
John (Jack) Hayes Clark, entrepreneur and mining machinery manufacturer, died peacefully after a lengthy struggle with Parkinson’s disease, at his farm home on Nov. 4, 2008. He was 82.
Four legends to join the Canadian Mining Hall of Fame
The Canadian Mining Hall of Fame will induct four new members at its 21st annual dinner and induction ceremony being held Thursday, Jan. 15, 2009, at the Fairmont Royal York Hotel, in Toronto.
U. S. MARKETS – NOVEMBER 4-10
U. S. markets were down during the Nov. 4-10 trading session on continuing signs of recession. The election of a new U. S. president does not change the economic fundamentals, and a stark reminder of …
Hathor hits more Athabasca high-grade
Vancouver — Hathor Exploration (HAT-V, HTHXF-o) reported a U 3 O 8 whopper in its latest batch of drill results, hitting 23 metres grading 11.2% U 3 O 8 starting at 295 metres depth in hole 40.
TSX VENTURE EXCHANGE – NOVEMBER 4-10
The mood prevailing over the S&P/TSX Venture Composite Index for the Nov. 4-10 trading period was a wary one. Although the index climbed from 935.59 points to as high as 975.27, the board nonethel…
TORONTO STOCK EXCHANGE – NOVEMBER 4-10
The TSX Composite Index lost the gains it made early in the Nov. 4-10 period and finished the week lower than where it began. Despite breaking above the 10,000-point benchmark, the index wound up at 9…
It’s a long moly Storie for Columbia Yukon (November 17, 2008)
Vancouver — Stepout drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for Columbia Yukon Explorations (CYU-V, CYUXF-o).