LENDING RATES (November 29, 2010)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
Articles by Northern Miner Staff
INTERNATIONAL QUOTES (November 29, 2010)
INTERNATIONAL QUOTES Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 …
EXCHANGE RATES (November 29, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 22 Nov 19 Nov 18 Nov 17 Nov 16 US$ in C$ 1.0187 1.0208 1.0174 1.0207 1.0231 C$ in US$ 0.9816 0.9796 0.9829 0.9797 0.9774…
Glencore invests in PolyMet
VANCOUVER — PolyMet Mining (POM-T, PLM-X) is offering to sell US$30 million worth of shares to Glencore International as it works towards securing final permitting of its NorthMet open-pit polymetall…
Allied Gold plans growth in PNG
VANCOUVER — Allied Gold (ALG-T, ALD-A) has big plans for its Simberi gold mine in Papua New Guinea (PNG) — the company has embarked on an expansion of the mine’s oxide processing unit and now a pref…
Fortuna Silver progresses at San Jose
SITE VISIT SAN JOSE DEL PROGRESO, OAXACA, MEXICO — “Oaxaca is not for the faint of heart,” says Jorge Ganoza Durant with a slight grin, during a site visit to Fortuna Silver Mines’ (FVI-T) San Jose silver-gold project in the state.As…
Matamec: metallurgy fine at Kipawa
SITE VISIT NORTH BAY, ONT. –When at least one hundred companies in Canada claim to have some rare earth element (REE) showings on their properties and about five or six of them are serious contenders for making it into production, the…
Tahoe flaunts Escobal in Guatemala
Led by Kevin McArthur, a former CEO of Goldcorp (G-T, GG-N) and Glamis Gold, Tahoe Resources (THO-T) hopes to position itself as a new leader in the silver business on the back of the recently acquired and newly discovered Escobal silver…
Kimberlite source elusive at Chesterfield Inlet
Shear Minerals (SRM-V) wrapped up this year’s exploration program on the Chesterfield Inlet diamond project in Nunavut still seeking the source of some promising indicator mineral anomalies and kimberlite float occurrences.With the objective…
Agnico-Eagle invests $1M in Western Troy
Western Troy Capital Resources (WRY-V) is looking to raise $3.5 million on the back of a new copper-gold discovery at Deborah Lake, near Schefferville in northeastern Quebec.
Granada gets interesting for Gold Bullion (November 29, 2010)
VANCOUVER — Gold Bullion Development (GBB-V) is hitting the best grades to date at its Granada gold project in Quebec as it explores the Eastern Extension of its LONG Bars zone.
Denison set to raise $65.4M
Denison Mines (DML-T, DNN-X) is arranging a $65.4-million financing of prepaid warrants to fund development of the company’s uranium properties and to add to working capital.