LENDING RATES (September 27, 2010)
Metal lease rates from www.kitco.com
News
INTERNATIONAL QUOTES (September 27, 2010)
Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …
EXCHANGE RATES (September 27, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept 20 Sept 17 Sept 16 Sept 15 Sept 14 US$ in C$ 1.0281 1.0331 1.0274 1.0282 1.00222 C$ in US$ 0.9727 0.9680 0.9733 0.9726 …
One long copper-gold intercept propels Intrepid
Intrepid Mines (IAU-T, IAU-A) hit upon its best intercept yet at its Tujuh Bukit sulphide copper-gold project in Indonesia and the market took notice.
Single hole at Rau lifts Atac
All it took was one hole for Atac Resources (ATC-V) to catch investors’ attention.
Pelangio pops on initial results from Ghana (September 27, 2010)
VANCOUVER — Just six weeks after signing an earn-in deal for the Manfo gold property in Ghana, Pelangio Exploration (PX-V) has pulled several near-surface, high-grade gold intercepts from two zones a…
Trelawney advances its Chester gold project
SITE VISIT GOGAMA, ONT. — “You can hear the mine workings from here,” Greg Gibson, the president and CEO of Trelawney Mining and Exploration (TRR-V, RTW-F), tells our group of about 15 as we walk near the cabins used by the staff at the…
Magma ups resource at Thunder Bay North
An updated resource, based on nearly twice as much drilling as the previous estimate completed a year ago, reveals that the Thunder Bay North platinum-palladium-copper- nickel project in northwestern Ontario contains 708,000 platinum-…
NA Palladium’s efforts at Lac des les pay off
When a mine is placed on care and maintenance, operations often never resume. Sometimes the mine has run out of ore, or into technical difficulties, and metal prices cannot justify a restart. Rarely is a suspension considered an opportunity to…
High-grade hits sweeten low-grade resource at Osisko’s Hammond Reef (September 27, 2010)
VANCOUVER — Since acquiring 100% of the Hammond Reef gold project through a recently completed $372-million takeover of Brett Resources, Osisko Mining (OSK-T, OSKFF-Q) has focused on expanding and upgrading resources in order to advance the…
Stillwater buying Marathon PGM for US$118M
VANCOUVER — Stillwater Mining (SWC-N), the only significant producer of platinum and palladium in the United States, is paying an 89% premium to take over Marathon PGM (MAR-T) and get its hands on Marathon’s large, feasibility stage…
Alto excited by Coldstream
Noranda Exploration discovered Alto Ventures’ (ATV-V) East Coldstream gold deposit in the Burchell Lake area of Ontario, about 100 km west of Thunder Bay. Between 1988 and 1991, Noranda drilled 37 holes into the ground, coming up with an…