News

DIVIDENDS (May 12, 2008)

Company Div. Pay Record ($) Date Date First Quantum 0.54 May 2 Apr 15 Potash Corp of Sask 0.10* May 9 Apr 10 Alcoa 0.17* May 25 May 2 Goldcorp 0.015* May 27 May 16 Ba…


LENDING RATES (May 12, 2008)

as of 9 a. m. ET, May 5, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 1.75 U. S. Fed Funds market rate 2.00 U. S. Prime 5….


EXCHANGE RATES (May 12, 2008)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 5 May 2 May 1 April 30 April 29 US$ in C$ 1.0125 1.0183 1.0189 1.0095 1.0131 C$ in US$ 0.9877 0.9820 0.9815 0.9906 0.987…


INTERNATIONAL QUOTES (May 12, 2008)

Australia (A$) May 6 April 22 Change Bendigo Mining 0.30 0.29 0.01 Centamin Egypt 1.39 1.51 -0.12 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 5.00 4.31 0.69 Lion Se…


Metallica Resources' Cerro San Pedro mine, in Mexico. Production of gold at the project has climbed 34% and silver 18% in the first quarter. The mine poured its first gold last year.

Record quarterly revenue for Metallica

It looks like Metallica Resources (MR-T, MRB-X) is on a roll. Fast on the heels of its planned merger with New Gold (NGD-T, NGD-X) and Peak Gold( PIK-V, PIKGF-O), the Denver-based gold and silver prod…



A drill rig is dwarfed in the road on the Gazelle zone at Centamin Egypt's Sukari project, in Egypt.

Centamin thinks deep thoughts at Sukari

PERTH, WESTERN AUSTRALIA–The Sukari gold project in Egypt’s eastern desert has added resources and reserves so quickly over the past three years that owner Centamin Egypt (CEE-T, CEY-L) has become a …



Drilling at Acadian Mining's Beaver Dam gold project in Nova Scotia. The company plans to spin off its gold assets into a new public company.

Acadian to spin off gold assets

Halifax-based Acadian Mining (ADA-T, ADAIF-O) is spinning off its gold assets into a new public company to create value for its shareholders, the company says.





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