2010

LENDING RATES (November 15, 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 15, 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 15, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 8 Nov 5 Nov 4 Nov 3 Nov 2 US$ in C$ 1.0022 1.0015 1.0024 1.0092 1.0099 C$ in US$ 0.9978 0.9985 0.9976 0.9909 0.9902 EXCH…


Avion posts Vindaloo resource

Avion Gold (AVR-V, AVGCF-O) has completed an initial resource estimate for the Vindaloo zone of its recently acquired Hounde gold property, about 250 km southwest of Burkina Faso’s capital, Ouagadougo…


Core drilling at Citadel Resource Group's Jabal Sayid copper-gold development project in western Saudi Arabia.

Equinox turns to Saudi Arabia

Equinox Minerals (EQN-T, EQN-A) wants to cement its position as a leading independent pure-play copper producer and it believes its $1.25-billion friendly takeover offer of Citadel Resource Group (CGG…


Midland posts new assays for Ytterby REE project

A report in The New York Times that China is further restricting exports of rare earth elements (REE) starting from Oct. 19 plays into the hands of juniors exploring for the valuable minerals in Canad…



Leaning against a rig at Lithium Americas' flagship Cauchari project in northern Argentina, from left: president and CEO Waldo Perez and vice-president of exploration John W. Kieley.

Lithium Americas steps up Cauchari

SITE VISIT SUSQUES, JUJUY PROVINCE, ARGENTINA ARGENTINA — What once was overlooked as a clay basin is now set to become one of the largest lithium brine deposits in the world by 2014.Lithium Americas’ (LAC-T) flagship Cauchari project…


Blue Sky Uranium exploration manager Bruce Smith with drillers at Anit.

Blue Sky taps into Argentina’s uranium

Drawing comparisons to similar types of uranium deposits in Australia and Namibia, Blue Sky Uranium (BSK-V) believes its new grassroots uranium find in Argentina’s Rio Negro province has the potential to be economically attractive at grades…


Iron Creek Capital's Victoria polymetallic project in northern Chile.

Iron Creek advances Victoria in Chile

VANCOUVER — While Iron Creek Capital (IRN-V) may be a little rusty after a long time off, a new president and new capital is kick-starting progress for the Chilean explorer.Timothy Beale, with more than 20 years of experience working in…


Drillers at Mineral IRL's Don Nicolas gold project in Argentina's Patagonian Santa Cruz province.

Minera eyes mid-tier prize

Minera IRL (IRL-T, MIRL-X, MIRL-L) wants to become a mid-tier gold producer, and it’s looking to South America’s gold wealth to reach that goal.The company, which currently has a small operating open-pit gold mine in Peru, has a three-phase…


Drillers work at the Escondida vein at Extorre's Cerro Moro gold project.

Extorre Gold advances Cerro Moro

VANCOUVER — For years the Cerro Moro gold-silver project in Argentina’s Santa Cruz province played second-fiddle to Exeter Resource’s (XRC-T, XRA-X) sizable Caspiche gold project in Chile, but the project is now advancing quickly as the prime…


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