News

Short positions outstanding at Nov. 15/10 (with changes from Oct. 31/10).

On Nov. 17 at the annual New York silver dinner organized by the Silver Institute, the London- based GFMS presented its interim silver market review. Below are key points from the review:

African Aura Mining — Martin White appointed project manager of New Liberty project.

Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.9375* div on it $3.75* cmltv pr stock on Oct 1, rec Sept 10. Franco-Nevada monthly div of 0.025 starting in J…

*as of Sept. 30/10

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….

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 …

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…

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…

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.

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…