DIVIDENDS (June 28, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20. Alcoa will pay a $0.75* div on it $3.75* cmltv pr stock on July 1, rec June 11. Franco-Nevada will start paying a semi-annual div…
2010
LENDING RATES (June 28, 2010)
as of 9 a.m. ET. June 23, 2010 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.25 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
INTERNATIONAL QUOTES (June 28, 2010)
Australia (A$) June 22 June 8 Change Aquila Resources 8.51 8.3 0.21 Bendigo Mining 0.20 0.22 -0.02 Centennial Coal 4.55 4.21 0.34 Fortescue Res 4.43 3.92 0.51 Iluka R…
EXCHANGE RATES (June 28, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 21 June 18 June 17 June 16 June 15 US$ in C$ 1.0199 1.0238 1.0284 1.0236 1.0288 C$ in US$ 0.9805 0.9768 0.9724 0.9769 0…
Back Forty shows strength for Aquila, HudBay (June 28, 2010)
VANCOUVER — The Back Forty deposit in Michigan is flexing its volcanogenic massive sulphide (VMS) muscles for joint-venture partners Aquila Resources (AQA-T) and HudBay Resources (HBM-T), returning l…
MBAC plans to mine phosphate in Brazil
Brazil has a fertilizer problem and a company called MBAC Fertilizer (MBC-T) is looking to capitalize on it by transforming a small phosphate mine, in a growing agricultural region of central Brazil, into a sizeable value-added operation by…
Peregrine pulls long copper hits at Altar
VANCOUVER — The Altar copper porphyry in Argentina is returning long mineralized intercepts as Peregrine Metals (PGM-T) looks ahead to developing a large-scale heap-leach operation at the site.Peregrine recently completed a 76-hole drill…
Time for a second look at Bolivia
LA PAZ, BOLIVIA — With national elections out of the way here and a spate of local polls completed and showing something of a setback for the populist Movement Towards Socialism (MAS) government, the political dust is settling in Bolivia and…
Patagonia Gold advances exploration in Argentina
Patagonia Gold (PGD-L) is all cashed up to develop larger and cheaper gold projects in Argentina’s Santa Cruz province.Earlier this month, the company raised US$18.79 million in a share placement and US$13.45 million in a similar exercise in…
Sandspring ups resources at Toroparu
Sandspring Resources (SSP-V) put considerably more tonnage into its indicated resource category, showing that its Toroparu gold-copper deposit in Guyana is shaping into a significant project.The company had been drilling over the past year…
Andina defines high-grade zones at Volcan
A 20,200-metre drill program at the Volcan gold project in Chile has highlighted zones of higher-grade gold within the 10-millionoz. deposit and outlined a new area called Ojo de Agua East for owner Andina Minerals (ADM-V). It provides…
Eldorado’s efforts pay off
VANCOUVER — Halfway through its $35.4-million exploration program for 2010, Eldorado Gold (ELD-T) has already defined a new zone of mineralization at its Kisladag gold mine in Turkey, expanded a new …