Khan’s troubles in Mongolia (June 07, 2010)
VANCOUVER — The past few months have been a bit of a rollercoaster for Khan Resources (KRI-T) as it tries to reopen the historic Dornod uranium mine in northeastern Mongolia.
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CANADIAN GOLD MUTUAL FUNDS (June 07, 2010)
*as of Jan. 31/10
DIVIDENDS (June 07, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20/10. Alcoa will pay a $0.75* div on it $3.75* cmltv pr stock on July 1, rec June 11. Franco-Nevada will start paying a semi-annual …
LENDING RATES (June 07, 2010)
as of 9 a.m. ET. June 1, 2010 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.25 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.2…
INTERNATIONAL QUOTES (June 07, 2010)
Australia (A$) June 1 May 25 Change Aquila Resources 9.04 8.17 0.87 Bendigo Mining 0.22 0.21 0.01 Centennial Coal 4.11 3.58 0.53 Fortescue Res 4.04 3.44 0.60 Iluka Re…
EXCHANGE RATES (June 07, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate)
Rye Patch looks to bounce back with resource estimate
Rye Patch Gold (RPM-V) failed to tap into market support — which it enjoyed in April — with its latest news from the Lincoln Hill project in Nevada.
Wildcat Silver updates resources at Hardshell
For the second time this year Wildcat Silver (WS-V) has updated the resource estimate for its 80%-owned Hardshell property in southern Arizona, which Wildcat’s president and chief executive Chris Jones describes as “one of the most important…
Galway drills 89 metres of 3.2 grams gold in Colombia
Early drill results from Galway Resources’ (GWY-V) Pie de Gallo property in the California district of northeastern Colombia appear to confirm that thick intercepts of near-surface mineralization as w…
Metals Exploration flaunt promising economics for Runruno
A feasibility study on Metals Exploration’s (MTL-L) Runruno gold-molybdenum project on Luzon Island in the Philippines has “transformed” the project “from a promising resource into a mine-in-waiting,”…
Ventana settles La Bodega dispute (June 07, 2010)
VANCOUVER — Ventana Gold (VEN-T) has announced the settlement of an ownership dispute at its La Bodega gold project in northeastern Colombia as it continues to pull very high-grade intercepts from the property.For US$48 million the company…
Detour’s bright future holds 11.4M oz. gold
A newly released feasibility study on Detour Gold’s (DGC-T, DRGDF-O) Detour Lake gold project in northeastern Ontario has made it “one of the largest gold operations in Canada and one of the largest investments in the province,” company’s…