Lending Rates (January 18, 2010)
as of 9 a.m. ET. Jan. 12, 2009 (%) 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….
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Exchange Rates (January 18, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Jan. 11 Jan. 8 Jan. 7 Jan. 6 Jan. 5 US$ in C$ 1.0317 1.0344 1.0351 1.0334 1.0372 C$ in US$ 0.9693 0.9667 0.9661 0.9677 0.964…
International Quotes (January 18, 2010)
Australia (A$) Jan. 5 Dec. 18 Change Aquila Resources 10.98 8.89 2.09 Bendigo Mining 0.26 0.24 0.02 Centennial Coal 4.00 3.69 0.31 Fortescue Res 4.60 4.26 0.34 Iluka …
Bayswater Matches Offer For Strathmore’s Pine Tree-Reno Creek
VANCOUVER — Bayswater Uranium (BYU-V) inked a deal to acquire the Pine Tree-Reno Creek uranium properties in Wyoming from Strathmore Minerals (STM-V) in August, and completed a pre-feasibility study …
Acadian Gets Environmental Go-Ahead For Gold Project
Nova Scotia’s Minister of the Environment has granted the environmental assessment approval Acadian Mining (ADA-T) needs to advance its Blueberry Hill gold mine.
Construction To Start On Mt. Milligan
VANCOUVER — Terrane Metals (TRX-V) is set to bring a major new copper-gold mine to British Columbia.With support from major shareholder Goldcorp (G-T, GG-N), Terrane is going ahead with the construction of a large, open-pit mine at Mt….
Capstone Could Go Underground At Minto
Capstone Mining’s (CS-T) latest prefeasibility study on the Minto copper-gold mine in the Yukon looks at increasing production to 4,100 tonnes per day from 3,200 tonnes per day.Production at the high-grade open-pit mine will average 45…
The Mega Deposits Of BC’s Northwest
VANCOUVER — British Columbia’s northwest is a rough, rugged place to work, but its rich mineral endowment means effort can reap rewards. And with metal prices on the rise and plans being laid for a major new power line into the province’s…
Harry Winston Hopes For Better 2010
Like many companies clinging to the lifeboats in 2009, Harry Winston Diamond (HW-T, HWD-N) was relieved to see the dawn of 2010.The financial storm that submerged diamond prices also forced the company and its senior partner Rio Tinto (RTP-N,…
Goldcliff Claws Back From The Brink
When equity markets crashed and financing sources dried up in late 2008 and early 2009, Goldcliff Resources (GCN-V) did what many other juniors did and put development projects on ice to conserve cash.”We looked at a dwindling treasury and…
Pinnacle Boosts Silver Coin Resource
VANCOUVER — A preliminary economic analysis of Pinnacle Mines’ (PNL-V) Silver Coin project in northwest B.C. has increased the project’s gold count while highlighting the “excellent potential” that the deposit will continue to grow.The new…
Breakwater Sells Royalties At Myra Falls
Breakwater Resources (BWR-T, BWLFR-O) has sold royalties on a portion of the zinc produced over the life of its Myra Falls zinc, lead, silver, gold and copper mine, about 90 km from the port of Campbell River in a provincial park on Vancouver…