CANADIAN GOLD MUTUAL FUNDS (April 14, 2008)
Featured Fund: TD Precious Metals top holdings, as of 10/29/07 (in weighted order): Goldcorp, Barrick Gold, Yamana Gold, Agnico-Eagle Mines, Harry Winston Diamond, Palmarejo Silver and Gold, Anglo Ame…
News
Tumultuous ride for Uranium One (April 14, 2008)
Investors in Uranium One (UUU-T, SXRZF-O) weren’t too happy to hear that the company posted a net loss of US$17.6 million (5 a share) for the financial year ended Dec. 31, 2007.
Otish Energy goes from hot spot to clear skies
As newly named uranium explorer Otish Energy (OEI-V, OEIGF-O) mobilized two drills in Quebec’s Otish basin in late March, the snowy conditions were a far cry from the company’s past experience develop…
Atomic Minerals explores Tanzania
Atomic Minerals (ATL-V, AMCMF-O) has begun a geological mapping and sampling program on its three uranium licences in the Mbinga district of Tanzania and has further plans in the works.
Teck Cominco, Inmet nudge Petaquilla forward
Vancouver — Teck Cominco (TCK. B-T, TCK-n) and Inmet Mining (IMN-T, IEMMF-o) have decided to move forward with planned development of the Petaquilla copper project in north-central Panama.
LENDING RATES (April 14, 2008)
as of 9 a. m. ET, April 8, 2008 (%) Bank of Canada 3.75 Target overnight rate 3.50 Canadian Prime 5.25 U. S. Discount Primary 2.50 U. S. Fed Funds market rate 2.25 U. S. Prime …
EXCHANGE RATES (April 14, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date April 7 April 4 April 3 April 2 April 1 US$ 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.