Lending Rates (April 27, 2009)
as of 9 a. m. ET. April 21, 2009 (%) Bank of Canada 0.75 Target overnight rate 0.25 Canadian Prime 2.50 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime…
2009
Debt-Laden Liberty Looks To Sell 51% Stake To Chinese
VANCOUVER — In debt and bereft of cash, Liberty Mines (LBE-T) is seeking permission to sell 51% of its shares to a Chinese nickel company without a shareholder vote.
Adriana Outlines ‘World-Class’ Lac Otelnuk Iron Deposit
Adriana Resources (ADI-V, ANARF-O) says its Lac Otelnuk iron project in the Labrador Trough of northern Quebec ranks among the top 15 of all known “world-class” iron deposits based on data from Raw Ma…
Equinox Into Production In Zambia
VANCOUVER — After several years of hard work, Equinox Minerals (EQN-T, EQXMF-O) is into production at its massive Lumwana copper mine in Zambia.
Canadian Gold Mutual Funds (April 27, 2009)
Featured Fund: CIBC precious metals as of 01/31/09 (in weighted order): Kinross Gold, Agnico-Eagle Mines, Goldcorp, Barrick Gold, Randgold Resources, Yamana Gold, Newmont Mining, Compania Minas Buenav…
Premier Hits Gold At Hardrock
Drilling targeting three zones at Premier Gold Mines’ (PG-T, PIRGF-O) Hardrock project, near Geraldton, Ont., has returned gold mineralization on each one.
Goldeye Hopes To Hook The Big Fish With Tyrrell
Blaine Webster, CEO of Goldeye Explorations (GGY-V), believes his company’s Tyrrell Twp. gold property, 90 km south of Timmins, Ont., could turn out to be another Kirkland Lake. The only question is w…
Bear Lake Gold Drills Larder Lake
New drill results from the Larder Lake project in northeastern Ontario suggest a strong gold-mineralized system is open to depths of more than 1.5 km, Bear Lake Gold (BLG-V) says.
Russia: The Last Frontier?
Take one look at a map of the vast, largely untapped land mass that is Russia, and the country’s staggering mineral potential becomes obvious.
TerraX Options Sunbeam-Pettigrew Gold Property
Higher gold prices mean lower-grade gold deposits are attracting more attention than they have in the past.
Exchange Rates (April 27, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 20 Apr. 17 Apr. 16 Apr. 15 Apr. 14 US$ in C$ 1.2343 1.2146 1.2062 1.02038 1.2092 C$ in US$ 0.8102 0.8233 0.8290 0.8307 …
International Quotes (April 27, 2009)
Australia (A$) April 21 April 14 Change Bendigo Mining 0.22 0.25 -0.03 Kingsgate Cons. 5.25 5.00 0.25 Lion Selection Ltd 0.93 0.94 -0.01 Newcrest Mining 27.84 30.03 -2….