Lending Rates (March 15, 2010)
as of 9 a.m. ET. March 9, 2010 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U.S. Discount Primary 0.50 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
Articles by Northern Miner Staff
Exchange Rates (March 15, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Mar. 8 Mar. 5 Mar. 4 Mar. 3 Mar. 2 US$ in C$ 1.0286 1.0286 1.0309 1.0287 1.0326 C$ in US$ 0.9722 0.9722 0.9700 0.9721 0.9684…
International Quotes (March 15, 2010)
Australia (A$) Mar 09 Mar 03 Change Aquila Resources 10.7 9.82 0.88 Bendigo Mining 0.24 0.22 0.02 Centennial Coal 3.93 3.71 0.22 Fortescue Res 4.84 4.70 0.14 Iluka Re…
Red Back’s Tasiast Gold Reserves Grow 64% To 5M Oz.
Red Back Mining (RBI-T) has bumped up its reserves by 64% at its Tasiast gold project in Mauritania.
Rainy River Expands Resource For NW Ontario Property
Results from an additional 124 drill holes or 68,453 metres have boosted Rainy River Resources’ (RR-V) resource at its advanced gold project in Ontario to 2.37 million oz. gold in the indicated catego…
Lydian Ups Amulsar Gold Count, Scoops Up Newmont’s Stake
VANCOUVER — Full ownership of the growing Amulsar gold deposit in Armenia will soon be back in hands of the junior that discovered it — Lydian International (LYD-T).
Hardrock Resource Proves Positive For Premier
After a year of aggressive drilling, Premier Gold Mines (PG-T) has come out with a solid initial resource estimate on its Hardrock gold project near Geraldton, Ont.
HudBay Hits Gold And Copper At Lalor
VANCOUVER — The latest drill results from the Copper-Gold and Gold zones at HudBay Minerals’ (HBM-T) Lalor project in northern Manitoba continue to add to its allure. The wholly-owned property is hom…
Technical Analysis Report: Is Uranium Nearing A Bottom?
The story is a familiar one. As developed and developing economies continued to grow their energy needs, the world will rely more and more upon nuclear energy to provide a base-load energy source.
Fronteer Shares Get A Lift From Sandman’s Drill Results
Intersections of more high-grade and near-surface oxide gold at Fronteer Development Group’s (FRG-T, FRG-X) Sandman project in Nevada grabbed the market’s attention on March 5.
Metal Prices Look Strong In 2010
The annual Prospectors and Developers Association of Canada convention and related events kicked off towards the end of the ninth trading week. The commodities and market outlook talks on the Sunday a…
Lead Market Looks Tight And Bright, Bank Of America Says
Scrap now makes up nearly one-third of primary production in the lead industry as mine supply remains tight, Bank of America outlines in a recent research note to clients.