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….
2008
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…
BID-ASK — APR. 29-MAY 5, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Affinor Res V 0.16 0.17 0.16 0.19 0.12 Anglo-Bomarc V 0.11 0.18 0.11 0.30 0.11…
INTERNATIONAL QUOTES (May 12, 2008)
Australia (A$) May 6 April 22 Change Bendigo Mining 0.30 0.29 0.01 Centamin Egypt 1.39 1.51 -0.12 Croesus Mining 0.28 0.28 0.00 Kingsgate Cons. 5.00 4.31 0.69 Lion Se…
Sherwood irons out the wrinkles at Minto
VANCOUVER — Less than a year after commissioning its Minto mine, Sherwood Copper (SWC-V, SWOPF-O) has already expanded mill throughput by more than 50%.
Centamin thinks deep thoughts at Sukari
PERTH, WESTERN AUSTRALIA–The Sukari gold project in Egypt’s eastern desert has added resources and reserves so quickly over the past three years that owner Centamin Egypt (CEE-T, CEY-L) has become a …
The second coming of Idaho’s Silver Valley
VANCOUVER–North Idaho’s Silver Valley is famous for having produced about 1.2 billion oz. of silver plus by-product metals from mines that in some cases operated for more than a century.
Lihir Gold and Equigold merger will create global gold major
A diversified portfolio of producing mines, low cash costs and a growth pipeline are the upshot of a merger between Lihir Gold (LGG-T, LIHR-Q) and Equigold (EQI-A), the companies say.
Acadian to spin off gold assets
Halifax-based Acadian Mining (ADA-T, ADAIF-O) is spinning off its gold assets into a new public company to create value for its shareholders, the company says.
Tinka quick to infer silver resource in Peru (May 12, 2008)
VANCOUVER — One small drill program has produced a significant inferred resource estimate for Tinka Resources’ (TK-V, TKRFF-O) Colquipucro silver project in Peru.
Record quarterly revenue for Metallica
It looks like Metallica Resources (MR-T, MRB-X) is on a roll. Fast on the heels of its planned merger with New Gold (NGD-T, NGD-X) and Peak Gold( PIK-V, PIKGF-O), the Denver-based gold and silver prod…
SPOT PRICES (May 12, 2008)
COURTESY OF SCOTIABANK Tuesday, May 6, 2008 Precious Metals Price (US$/oz.) Change Gold $878.00 -8.00 Silver $16.70 -0.08 Platinum $1930.00 -25.00 Palladium $426.00 -5.00 Base Metals P…