Grande Cache coal production ebbs
Grande Cache Coal (GCE-T, GACHF-O) failed to meet its own production targets for the last quarter and as a result had to watch its shares take a hit.
News
NORTH AMERICAN STOCK EXCHANGE INDICES (September 01, 2008)
52-week Date Aug. 25 Aug. 22 Aug. 21 Aug. 20 Aug. 19 High Low S&P/TSX-Ven Comp 1940.01 1951.63 1949.68 1919.75 1901.73 3192.55 1881.41 TSX Composite 13288.96 13447.29 13539.22 …
TSX VENTURE SHORT POSITIONS (September 01, 2008)
Short positions outstanding at Aug. 15/08 (with changes from Jul. 15/08).
TSX VENTURE EXCHANGE AUG. 19-25
The S&P-TSX Venture Composite Index posted a gain over the Aug. 19-25 trading week, closing up 16.37 points at 1,940.01. It was the first weekly gain in several months for the junior board. Daily …
Nevada-focused Victoria, Gateway, agree to merger
VANCOUVER — Victoria Gold (VIT-V, VITFF-O) will acquire all of the outstanding shares of Gateway Gold (GTQ-T, GWYGF-O) in a friendly merger that will produce a Nevada-focused explorer with one advanc…
Gustavson to complete Contact prefeasibility
Boulder, Colo.-based consulting firm Gustavson Associates has been hired to prepare a prefeasibilty study for International Enexco’s (IEC-V, IEXCF-O) Contact copper project in Nevada.
TSX SHORT POSITIONS (September 01, 2008)
Short positions outstanding at Aug. 15/08 (with changes from Jul. 31/08).
LENDING RATES (September 01, 2008)
as of 9 a. m. ET, Aug 19, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime 5…
HudBay’s Balmat zinc operation goes bust
VANCOUVER–Less than two years after ramping the Balmat mine back up to full production, HudBay Minerals (HBM-T, HBMFF-O) is closing the New York state zinc mine and concentrator.
Imperial gets Sterling drill results in Nevada
VANCOUVER — Imperial Metals (III-T) is having success at the past-producing Sterling gold mine, 185 km northwest of Las Vegas, Nev., with positive drill results from its 144 zone.
ArcelorMittal shores up Brazilian iron ore assets
VANCOUVER — ArcelorMittal (MT-N) cut two sizable cheques on the same day for two iron assets in Brazil.
CANADIAN GOLD MUTUAL FUNDS (September 01, 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…