LENDING RATES (May 31, 2010)
as of 9 a.m. ET. May 25, 2010 (%) 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 3.2…
Volume 96 Number 15 - May 31 - June 6, 2010
EXCHANGE RATES (May 31, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 24 May 21 May 20 May 19 May 18 US$ in C$ Holiday 1.0570 1.0659 1.0515 1.0330 C$ in US$ Holiday 0.9461 0.9382 0.9510 0.96…
INTERNATIONAL QUOTES (May 31, 2010)
Australia (A$) May 25 May 18 Change Aquila Resources 8.17 9.09 -0.92 Bendigo Mining 0.21 0.23 -0.02 Centennial Coal 3.58 4.12 -0.54 Fortescue Res 3.44 4.06 -0.62 Iluk…
Aurizon options Fayolle from Typhoon in Quebec
Gold producer Aurizon Mines (ARZ-T, AZK-X) is teaming up with Typhoon Exploration (TYP-V) in a joint-venture to explore Typhoon’s 100%-owned Fayolle gold project, 10 km north of Aurizon’s Joanna proje…
Copper Mountain closes $34.5M financing
Copper Mountain Mining (CUM-T) has raised $34.5 million that it will use to pay its 75% share of working capital for its copper porphyry project in southeastern B.C.
Riverstone releases first Nami results (May 31, 2010)
VANCOUVER — Riverstone Resources (RVS-V) had already defined four gold deposits at its Karma project in Burkina Faso and was starting to move those ounces towards production when local artisanal mine…
Scorpio drills Nuestra Senora
Scorpio Mining (SMP-T) is off to a good start with its 20,000-metre drill program at the Nuestra Senora mine, 10 km east of Cosala, in Sinaloa state, Mexico.