Lending Rates (February 16, 2009)
as of 9 a. m. ET. Feb. 10, 2009 (%) Bank of Canada 1.25 Target overnight rate 1.00 Canadian Prime 3.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
News
Agnico-Eagle, PotashCorp Scoop Up IR Awards
In a field dominated by the slicker sectors of the Canadian economy such as banking and hi-tech, the investor-relations efforts of a couple of mining companies came out on top at the IR Magazine Canad…
Dividends (February 16, 2009)
Note:Xstrata PLC subsidiary, Xstrata Canada is sending a notice of redemption for all outstanding Cmltv prf sh, series 3, redeemable Mar 1 for $25 each in cash, plus accruded and unpaid dividends. Alc…
Pace pays off with rapid resource for Oroco
Vancouver – It took only $1.25 million and five months of drilling for Oroco Resource (OCO-V) to define a promisi…
Assay lab ‘Oops’: Northern Freegold intercept now bonanza grade gold
Vancouver – Northern Freegold (NFR-V) CEO Bill Harris and president Susan Craig suspected the assay result of a dri…
Victoria Gold and StrataGold propose merger
Nevada-focused Victoria Gold (VIT-V) has made a friendly offer for StrataGold (SGV-V), which has an advanced gold p…
Centamin to bring back gold in land of the Pharaohs
After a long hiatus Egypt is on the cusp of getting a new major gold mine.
Ivernia resumes lead shipments
Having established a safe shipping method, Ivernia (IVW-T), which owns the Magellan lead mine in Australia, is resu…
Quadra Mining buys Centenario Copper
Vancouver – Patience has paid off for Quadra Mining (QUA-T). The Vancouver-based company has been quietly stockpi…
Capstone upgrades Kutcho resource estimate
Vancouver – Every little bit of grade helps at current copper prices.
An old uranium frontier made new again
The number of Canadian miners poking the arid terrain of Niger is increasing, and the relative durability of the ur…
Rio Tinto enters strategic partnership with Chinalco
China’s largest aluminum producer will invest US$19.5 billion in Rio Tinto (RTP-N, RIO-L) through joint ventures an…