Archive for the 'Finance' Category

Abacus Mining & Exploration Corp.: AMEC Appointed as Engineering Team for Afton/Ajax Project

Abacus Mining & Exploration Corp. (”Abacus” or “the Company”) (CDNX:AME.V - News) is pleased to announce it has retained the services of AMEC Americas Limited (”AMEC”) to build an updated mineral resource model and carry out the needed engineering work to advance the Afton - Ajax Project located near Kamloops, B.C., through a Preliminary Economic [...]

US Cash Grain Review: Export Basis Stronger In Corn, Beans

-Export basis strengthened for corn and soybeans at the Gulf on Friday.
Corn basis gained 4 cents against the July Chicago Board of Trade futures contract and soybeans gained 2 cents, also against the July, according to figures released midday Friday by the U.S. Department of Agriculture.
“The fundamentals are simply too tight,” said Farm Futures market [...]

Silvermex Resources Ltd.: 3,700 Meter Core Drilling Program Commences on the San Marcial Silver Property

Silvermex Resources Ltd. (”Silvermex”) (CDNX:SMR.V - News) announces that two diamond drills have arrived at the Company’s San Marcial Property in Sinaloa to commence a fourteen hole, 3,700 meter core drilling exploration program. Silvermex has an option to acquire a 100% interest in the Property. The decision to proceed was supported by the results from [...]

DOT Reports Positive Diamond Drilling Results

DOT Resources Ltd. (CDNX:DOT.V - News) (”DOT” or the “Corporation”) announces the results of the 14 hole (3,082 metres) diamond drilling program on its Dot porphyry copper property (the “Property”) located 17 kilometres south of the Highland Valley Mining District, in central British Columbia (see Figure 1).
A description of the geology of the property, historical [...]

Commodity price hike leads to rise in banks’ profits

Banks in the country saw good profit making in 2007 mainly due to price hike of commodities in international market, industry people said.
Top bankers have attributed the profits to increased commissions from fat import bills following the price hike of commodities such as food grains, energy products and fertiliser.
According to Bangladesh Bank (BB) data, in [...]

Seneca Nation Cooperates With ATF To Investigate Violations

The Seneca Nation of Indians helped U.S. authorities break up a downstate cigarette smuggling conspiracy charged with illegally sending thousands of cartons to the New York City area for sale.
‘‘This again demonstrates the Nation’s commitment to policing its own retail sales and when there are indications that Nation and federal laws are being broken, to [...]

WTM Reports 8.57 g/t Gold Over 9.00 Metres From Follow-Up Drilling at Thunder Creek

West Timmins Mining Inc. (TSX:WTM - News) announced today that follow-up drilling on the Company’s Thunder Creek Property in Ontario has intersected additional high-grade gold mineralization over significant widths. Drill hole TC07-43 has returned an intercept of 8.57 g/t gold over 9.00 metres, intersecting the Rusk Zone 120 metres down-plunge of previously reported hole TC07-36. [...]

IGL Exploration & Mining Update

INTERNATIONAL GOLD MINING LIMITED (TSX VENTURE:IGL - News; the “Company”) is pleased to provide an update of its exploration and mining operations in light of the sale of 1 million shares of Macarthur Minerals Limited (TSX VENTURE:MMS - News) for CAN $1,400,000 as reported on March 18, 2008.
These funds will be used for working capital [...]