Teck Cominco, Inmet nudge Petaquilla forward
Vancouver — Teck Cominco (TCK. B-T, TCK-n) and Inmet Mining (IMN-T, IEMMF-o) have decided to move forward with planned development of the Petaquilla copper project in north-central Panama.
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LENDING RATES (April 14, 2008)
as of 9 a. m. ET, April 8, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.50 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
EXCHANGE RATES (April 14, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 7 April 4 April 3 April 2 April 1 US$ in C$ 1.0110 1.0091 1.0082 1.0177 1.0270 C$ in US$ 0.9891 0.9910 0.9919 0.9826 0…
Uranerz raising funds for Wyoming
VANCOUVER — Uranerz Energy (URZ-T, URZ-X) has plans for a major financing that will see intermediate uranium producer Denison Mines (DML-T, DNN-X) take a 9.9% interest in the junior.
Exeter’s Caspiche delivers long intercepts
VANCOUVER — Its flagship Don Sixto gold project is still on hold because of Argentinean politics but Exeter Resource (XRC-V, XRA-X)keeps moving along, buoyed by promising results from its Caspiche co…
Bluerock sets sights on production
Vancouver — Bluerock Resources( BRD-V, BRDSF-o)knows what it wants: to be the next uranium producer in the North America.
Correction (April 14, 2008)
In the caption under the photo accompanying the story “No end in sight for moly rally” ( T. N. M. March 31 -April 6/08 ) we incorrectly stated that Thompson Creek Metal’s (TCM-T) Endako mine generates…
Aldershot likes uranium outlook Down Under
VANCOUVER–Despite ongoing restrictions on uranium development in some regions of Australia, Aldershot Resources (ALZ-V, ALZTF-O) likes the longer-term outlook and believes the tide will change.
INTERNATIONAL QUOTES (April 14, 2008)
Australia (A$) April 8 April 1 Change Bendigo Mining 0.29 0.29 0.00 Centamin Egypt 1.49 1.48 0.01 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 4.15 4.03 0.12 Lion Se…
Magnum starts to build San Rafael (April 14, 2008)
VANCOUVER– Magnum Uranium (MM-V, MMURF-O) has released the first of a series of resource estimates for its San Rafael property, in a historic uranium district in Utah.
TORONTO STOCK EXCHANGE APRIL 1-7
The TSX Composite Index advanced another 3% over the April 1-7 trading period, up 394.88 points to 13,745.01.
At last, a little blue sky for Gammon
Stung by a string of bad news over the last year from a third-quarter loss of US$44.8 million, startup problems at two gold operations in Mexico and allegations about stock-option manipulation and ina…