Study puts Stornoway’s Aviat on the diamond map
A conceptual study suggests that Stornoway Diamond (SWY-T, SWYDF-o) could find 24.1 to 40.3 million carats of diamonds in the Eastern Sheet Complex of its Aviat project, in eastern Nunavut.
News
North American Tungsten cancels US$19.4M private placement with Chinese enterprise
North American Tungsten (NTC-V, NATUF-o) has cancelled a private placement of about 13.4 million units in the company at a price of $1.45 per unit that was part of a strategic alliance agreement with …
Blue Note to close Caribou and Restigouche
Blue Note Mining (BN-T, BNMFF-o) is the latest miner to join the care and maintenance club after less than a year of commercial production at its Caribou and Restigouche zinc-lead mines in Bathurst, N…
DAILY METAL PRICES (October 27, 2008)
Date Oct. 20 Oct. 17 Oct. 16 Oct. 15 Oct. 14 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1645/1720 1710/1760 1715/1760 1805/1850 1795/1…
NORTH AMERICAN STOCK EXCHANGE INDICES (October 27, 2008)
52-week Date Oct. 20 Oct. 17 Oct. 16 Oct. 15 Oct. 14 High Low S&P/TSX-Ven Comp 984.94 946.12 937.79 991.21 1054.70 3192.55 921.43 TSX Composite 10251.40 9562.49 9269.97 9323….
Newmont rethinks Hope Bay (October 27, 2008)
Rather than proceed with a mine plan conceived by former owner Miramar Mining that would see production begin this year, Denver, Colo.-based Newmont Mining (nmc-t, nem-n) has taken a step back at the …
Noront CEO speaks out
In the midst of a proxy fight with a dissident shareholder, Noront Resources (NOT-V, NOSOF-o) has fired back with a positive scoping study for development of its Eagle One copper-nickel-platinum group…
Plunging PGM prices force Lac des les shutdown
A dramatic drop in platinum and palladium prices has forced North American Palladium (PDL-T, PAL-x) to temporarily shut down its Lac des les mine, near Thunder Bay, Ont., which has been operating bel…
Houston Lake digs Kenora
SITE VISIT Kenora, ONT. — The rolling hills and quiet lakes outside of Kenora, Ont., offer up many an idyllic Canadian panorama. The casual Sunday driver would be forgiven for…
TSX VENTURE SHORT POSITIONS (October 27, 2008)
Short positions outstanding at Oct. 15/08 (with changes from Sept. 30/08).
CANADIAN GOLD MUTUAL FUNDS (October 27, 2008)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
New Nadina sees Monumental potential in Lac de Gras
SITE VISIT Lac DE Gras, Northwest Territories — It’s commonly said that the best place to look for an economic deposit is beside a mine. Well, New Nadina Explorations (NNA-V,…