Centerra agreement on hold
An investment agreement reached between Centerra Gold (CG-T, CAGDF-O) and the Kyrgyz government is on hold as the body needed to stamp its approval is no more.
News
Delay at Tenke Fungurume (November 05, 2007)
Base metal markets will have to wait a bit longer to see some of the massive stores of minerals from the Democratic Republic of the Congo’s copper belt.
Red Hill finds more coal in Mongolia (November 05, 2007)
In less than a year of exploration in Mongolia, Red Hill Energy (RH-V, RHFFF-O) has built a coal inventory of more than 1 billion tonnes — a 193% increase in tonnage since Sept. 10 — from two coal p…
CNQ Trading — Oct. 23-29, 2007
STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW Alliance Mining AMCL 750 0.15 0.13 0.13 – 0.02 0.15 0.10 Avanti Mining AVMI 555 0.75 0.69 0.75 + 0.05 0.75…
Suppliers News (November 05, 2007)
Caterpillar, Rio cut multi-year supply agreement
Private investment for Clarence Stream (November 05, 2007)
A deal between Freewest Resources Canada (FWR-V, FWERF-O) and a private New Brunswick company, Rockport Mining, will put up to $7.5 million into the ground at the Clarence Stream and Otter Lake gold p…
TSX Debentures (November 05, 2007)
Alamos Gold (AGI.DB-T) — 5.5% convertible at holder’s option to common shares (AGI-T) at $5.30 before maturity or redemption.
Silver Eagle’s Miguel Auza gets bigger
A new resource calculation for Silver Eagle Mines (SEG-T, SVEGF-O) has substantially increased the indicated resource at the Miguel Auza deposit in Zacatecas state, Mexico.
EcuaGold goes after Ecuadorian copper
EcuaGold Resources (EGR-V, ECAUF-O) says it will acquire a 100% interest in a 31-sq.-km parcel of land from a private owner in Bolivar province, 180 km southwest of Ecuador’s capital, Quito.
Bayswater to absorb Northern Canadian Uranium (November 05, 2007)
Vancouver — Bayswater Uranium (BAY-V, BYSWF-O) has inked a deal to take over Northern Canadian Uranium (NCA-V, NCADF-O) for its property portfolio in Wyoming’s Powder River basin, northern Saskatchew…
Tyhee’s Nicholas Lake shows promise (November 05, 2007)
Tyhee Development (TDC-V, TYHJF-O) is one step closer to deciding whether it can mine its Nicholas Lake deposit, in the Yukon, as an open-pit resource, now that it has hit significant gold intersectio…
Toronto Stock Exchange Oct. 23-29
The TSX Composite Index climbed 383.75 points to 14,427.35 for the Oct. 23-29 trading period. Along with higher oil and metal prices, the advance was fuelled by investor belief that the Federal Reserv…