Aura’s Aranzazu proves its strength
Vancouver — Aura Minerals (ORA-T, ORAUF-o) took over the Aranzazu mine in Zacatecas state, Mexico, three months ago. Now the final set of assay results from the previous owner’s 40,000-metre drill pr…
News
Editorial: Toil and trouble (September 29, 2008)
The week ended Sept. 20, the 38th trading week of 2008, was one for the financial history books. Even veteran market participants have been taken aback by the swift collapse of the U. S. subprime mort…
US Treasury secretary’s prescription for an ailing market
COMMENTARY — The following is a statement made by U. S. Treasury Secretary Henry Paulson Jr. in Washington, D. C., on Sept. 19 with respect to the crisis in the…
Bateman appointed engineer for Poseidon’s Windarra
Amsterdam-based consulting company Bateman Engineering has been contracted to produce prefeasibility work for Poseidon Nickel’s (PSDNF-O, POS-a) Windarra nickel project, 17 km northwest of Laverton, i…
TSX SHORT POSITIONS (September 29, 2008)
Short positions outstanding at Aug. 31/08 (with changes from Aug. 15/08).
CANADIAN GOLD MUTUAL FUNDS (September 29, 2008)
as of Sept. 8/08
Ontario gov’t seeks input on Mining Act revisions
While there was some controversy at a recent public meeting in Toronto on changes to Ontario’s Mining Act, there was also a great deal of consensus — especially on the need for consultation with Firs…
TSX-V greatest percentage change (September 29, 2008)
VOLUME WEEK (000s) HIGH LOW CLOSE CHANGE Gowest Amalg GWA 45 0.10 0.09 0.10 +150.0 Ross River Mnl RRM 562 0.10 0.03 0.10 +150.0 Dynasty Gold DYG 440 0.05 0.03 0…
LME WAREHOUSE LEVELS (September 29, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 23, 2008 (change from Sept. 16 in brackets):
St Andrew forgoes feasibility at Holloway-Holt
St Andrew Goldfields’ (SAS-T, SASXF-o) goal of re-igniting mining at the former Holt and Holloway mines just east of Matheson, in northern Ontario, is getting ever closer.
Schaft Creek twice the price for Copper Fox (September 29, 2008)
Vancouver — Copper Fox Metals (CUU-V, CPFXF-o) has both upped the size and doubled the capital cost of its Schaft Creek, copper-gold project, about 300 km north of Prince Rupert, B. C., with the rele…
EXCHANGE RATES (September 29, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 22 Sept. 19 Sept. 18 Sept. 17 Sept. 16 US$ in C$ 1.0382 1.0470 1.0701 1.0783 1.0734 C$ in US$ 0.9632 0.9551 0.9345 0.927…