2010

LENDING RATES (November 22, 2010)

as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….


INTERNATIONAL QUOTES (November 22, 2010)

Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …


EXCHANGE RATES (November 22, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 15 Nov 12 Nov 11 Nov 10 Nov 9 US$ in C$ 1.0065 1.0080 Holiday 1.0017 1.0013 C$ in US$ 0.9935 0.9921 Holiday 0.9983 0.998…


The camp and airstrip at Baffinland Iron Mines' Mary River iron ore project on Baffin Island, Nunavut.

ArcelorMittal offers $433M for Baffinland

VANCOUVER — ArcelorMittal (MT-N) has bested an unsolicited private equity bid for Baffinland Iron Mines (BIM-T) by 38% and has secured the support of Baffinland’s board of directors.


Ventana Gold's La Bodega gold project in the California-Vetas gold mining district of northeastern Colombia.

Ventana produces La Bodega resource, scoping study

VANCOUVER — Two and a half years ago Ventana Gold’s (VEN-T) first hole into the La Bodega gold project in Colombia returned 107 metres grading 7.81 grams gold per tonne. Now, 266 drill holes later, L…



Mountain Province securing $23M

On the back of a positive feasibility study for the Gahcho Ku diamond project in Canada’s Northwest Territories, Mountain Province Diamonds (MPV-T, MDM-X) is looking to raise $23 million.


Western Coal gets merger offer from Walter Energy

Vancouver – A potential merger between Vancouver-based Western Coal (WTN-T) and Walter Energy (WLT-N), a Florida-based coal producer, lifted Western Coal’s share price to new highs even though the deal is far from certain.





The speed of Alexco (November 19, 2010)

Alexco Resource (AXR-T, AXU-N) showed good pace in getting its Bellekeno mine in the Yukon up and running and the market has rewarded its efficiency. After announcing that the mill at the underground mine is working at designed capacity and…


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