CANADIAN GOLD MUTUAL FUNDS (April 28, 2008)
Featured Fund: AGF Precious Metals, as of 01/31/08 (in weighted order): Kinross Gold, Goldcorp, Yamana Gold, Inmet Mining, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, High River Gold Mines, F…
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LENDING RATES (April 28, 2008)
as of 9 a. m. ET, April 22, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.00 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
Feasibility study for Ashdown moly mine
Although molybdenum production is already under way at the Ashdown mine near Denio, Nev., 60-40 joint-venture partners Golden Phoenix Minerals (GPXM-O) and Win-Eldrich Mines (WEX-V, WIDMF-O) have rele…
INTERNATIONAL QUOTES (April 28, 2008)
Australia (A$) April 22 April 8 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.51 1.49 0.02 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.31 4.15 0.16 Lion S…
Private Thai group to buy Pan African Mining (April 28, 2008)
Hungry for new coal properties outside Southeast Asia, Asia Thai Mining is buying Pan African Mining( PAF-V, PAFRF-O)at an 84.3% premium over the Vancouverbased junior’s 20-day average trading price.
Partners rev up exploration efforts at Matheson JV
It’s no coincidence that Matamec Explorations’ (MAT-V, MTCEF-O) new Matheson joint venture, in the Timmins gold camp, is next to Goldcorp’s (G-T, GG-N) Hoyle Pond gold mine property, says the company’…
FACTS AND FIGURES World mining equipment demand to grow 5% annually
World demand for mining equipment is expected to grow 5% annually through 2011, according to a new report issued by Ohiobased research group, Freedonia.
AMEC acquires Smith Williams
In an effort to strengthen its presence in the western United States, international engineering and project management company AMEC has purchased Smith Williams Consultants.
Crosshair budgets $10M for Labrador
Crosshair Exploration & Mining (CXX-V, CXZ-X) has closed a $15- million bought-deal financing to continue exploring on its Central Mineral Belt uranium property in Labrador.
Northern BC power line could spark investment
VANCOUVER — A power line into northern British Columbia could attract $3.5 billion in mining investment, according to the preliminary results of an independent study by Macquarie North America.
TORONTO STOCK EXCHANGE (April 28, 2008)
Solid gains by potash producers and explorers helped the TSX Composite Index surge to a five-month high over the April 15-21 trading period. The index rose 582.56 points, or 4.2%, to close at 14,321.1…
TSX VENTURE EXCHANGE (April 28, 2008)
The S&P-TSX Venture Composite Index managed a small gain in the third week of April, closing the April 15-21 trading session up 12.16 points at 2,559.82.