Lending Rates (June 29, 2009)
as of 9 a. m. ET. June 23, 2009 (%) 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 …
2009
Exchange Rates (June 29, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 22 June 19 June 18 June 17 June 16 US$ in C$ 1.1547 1.1287 1.1273 1.1371 1.1327 C$ in US$ 0.8660 0.8860 0.8871 0.8794 0…
International Quotes (June 29, 2009)
Australia (A$) June 23 June 16 Change Aquila Resources 5.25 5.28 -0.03 Bendigo Mining 0.24 0.26 -0.02 Centennial Coal 2.29 2.70 -0.41 Fortescue Res 3.67 3.66 0.01 Ilu…
BHP Delays Chilean Expansion Projects
The global recession has prompted BHP Billiton (BHP-N, BLT-L) to continue to delay a slate of expansion projects in Chile, the biggest among them an expansion of the world’s largest copper mine, Escon…
Exeter Set To Update Caspiche Resource
VANCOUVER — The drills have stopped turning for a winter break, but lengthy gold-copper intercepts keep rolling in from Exeter Resource’s (XRC-V, XRA-X) Caspiche project in Chile.
Andean Advances Cerro Negro
SITE VISIT PERITO MORENO, SANTA CRUZ, ARGENTINA — The name Andean Resources (AND-T, AND-A) conjures images of snow-peaked mountains, but in reality, Cerro Negro, Andean’s advanced gold-silver exploration project, rises…
Panoro Reports Antilla Resource
If you asked Luquman Shaheen, president and chief executive of Panoro Minerals (PML-V, POROF-O), why he likes Peru he’d tell you about its long and rich history of private mining, its pro-mining cultu…
Americas Petrogas Eyes Potash
Branching out from its key oil and gas concessions in Argentina’s prolific Neuquen basin, Calgary-based oil and gas junior Americas Petrogas (BOE-V, APEOF-O) is taking on a new potash project along Pe…
Quadra’s Franke In Home Stretch
Quadra Mining (QUA-T, QADMF-O) is banking that it is the right company to finally get the Franke copper project in Chile into gear.
More High Grade For San Gold Near Rice Lake
VANCOUVER — Drills keep hitting high-grade gold in new zones near San Gold’s (SGR-V, SGRCF-O) producing Rice Lake mine in Manitoba — and the company’s share price keeps climbing in response.
Appleton Gains 200% On Malian Gold Hit
VANCOUVER — A high-grade gold hit from the Manalo gold project in Mali propelled Appleton Exploration’s (AEX-V, APPPF-O) share price to new heights recently.
SilverCrest Secures US$12.5M Loan
VANCOUVER — With a US$12.5-million loan lined up, SilverCrest Mines (SVL-V, STVZF-O) says it now has the necessary funds to bring its Santa Elena project in Mexico to production.