News

Gold skyrockets to new year high

The strength of the current bull market for gold was very much in evidence during the 14th trading week of the year, as sovereign debt concerns in Europe continued to dominate precious metals and curr…




Russian role in Kyrgyzstan revolt?

Just when it appeared that things were finally moving smoothly for Centerra Gold (CG-T), political unrest in Kyrgyzstan reared its head and damaged the company’s share price.


Peabody battle for Macarthur Coal heats up

VANCOUVER — First, Macarthur Coal (MCC-A) inked a friendly deal to acquire Gloucester Coal (GCLA), GCLA), which is majority-owned by Singapore-listed raw materials giant Noble Group, in an all-share …




DIVIDENDS (April 19, 2010)

Note: Cameco is increasing its annual div to 28 cents per sahre from 26 cents. Alcoa pays qrtly div of US93 cents on cultv prf stk on April 1, close March 12. Merrex Gold shareholders will receive div…


LENDING RATES (April 19, 2010)

as of 9 a.m. ET. April 13, 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…


EXCHANGE RATES (April 19, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 12 Apr. 9 Apr. 8 Apr. 7 Apr. 6 US$ in C$ 1.0015 1.0055 1.0020 1.0030 1.0001 C$ in US$ 0.9985 0.9945 0.9980 0.9970 0.999…


INTERNATIONAL QUOTES (April 19, 2010)

Australia (A$) Apr 13 Apr 6 Change Aquila Resources 10.6 10.89 -0.29 Bendigo Mining 0.26 0.23 0.03 Centennial Coal 4.37 4.37 0.00 Fortescue Res 5.21 5.04 0.17 Iluka R…


Cream Minerals hit good intercepts at Nuevo Milenio

Assay results from two additional drill holes of a five-hole program at Cream Minerals’ (CMA-V, CRMXF-O) Nuevo Milenio epithermal silver-gold project in Mexico returned 1,886 grams silver per tonne an…


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