News


Vedanta investing US$8.8B in base metal expansion

Having received the go-ahead from India’s Supreme Court, Vedanta Resources (VED-L), an India-focused resource giant, is proceeding with a bauxite project in Lanjigarh, in the state of Orissa. An alumi…


DAILY METAL PRICES (August 25, 2008)

Date Aug. 18 Aug. 15 Aug. 14 Aug. 13 Aug. 12 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 2430.50/2475 2450/2490 2450/2495 2450/2500 246…




Examing core at Kuriskova, in eastern Slovakia.

Tournigan grows Kuriskova deposit

VANCOUVER — After a modelling error forced Tournigan Energy (TVC-V, TVCFF-O) to reduce the resources at its Kuriskova uranium deposit in eastern Slovakia last year, the newly renamed company has put …


Harmony, Newcrest, team up in PNG at Hidden Valley

Two of the biggest gold miners not listed on the Toronto Stock Exchange are combining forces in Papua New Guinea (PNG) with the hopes of bringing a large-scale gold and silver mine into production by …


More intercepts for Mexoro (August 25, 2008)

VANCOUVER — Thanks to an infusion of cash from Paramount Gold and Silver( PZG-T, PZG-X)this spring, Mexoro Minerals (MXOM-O) continues to announce good near-surface intercepts from its 42-hole drill …



EXCHANGE RATES (August 25, 2008)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Aug. 18 Aug. 15 Aug. 14 Aug. 13 Aug. 12 US$ in C$ 1.0605 1.0609 1.0620 1.0657 1.0640 C$ in US$ 0.9430 0.9426 0.9416 0.9384 0…


BID-ASK — AUGUST 12-18, 2008

12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Afrasia Minl F V 0.26 0.44 0.25 0.45 0.23 Agau Res V 0.17 0.21 0.19 0.55 0.11 …


Indonesia could be tricky for BHP

A battle could be brewing for BHP Billiton (BHP-N, BLT-L) on a small island in Indonesia, where the company could soon find itself in the sights of environmental groups.


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