Lending Rates (December 21, 2009)
as of 9 a.m. ET. Dec 15, 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 3.2…
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Exchange Rates (December 21, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 14 Dec. 11 Dec. 10 Dec. 9 Dec. 8 US$ in C$ 1.0593 1.0585 1.0519 1.0552 1.0604 C$ in US$ 0.9440 0.9447 0.9507 0.9477 0.9…
International Quotes (December 21, 2009)
Australia (A$) Dec. 15 Dec. 8 Change Aquila Resources 9.1 8.95 0.15 Bendigo Mining 0.24 0.24 0.00 Centennial Coal 3.53 3.31 0.22 Fortescue Res 4.38 4.21 0.17 Iluka Re…
Nevada Copper Tweaks Pumpkin Hollow Scoping Study
Nevada Copper (NCU-T) has updated a March 2008 preliminary economic assessment on its Pumpkin Hollow copper project near Yerington, Nev., incorporating a high-grade underground scenario with a much lo…
Eurasian Drills High-Grade Gold At Grand Bois In Haiti
VANCOUVER–On drill-hole results from its Grand Bois property in Haiti, Eurasian Minerals (EMX-V) shares jumped nearly 20% or 40¢ to close at $2.50 in early December.
Newstrike Buys Goldcorp’s Stake In Morelos For $52M In Cash And Shares
An advanced-stage gold project in Mexico will soon be in the hands of two Canadian juniors.
Rubicon Hikes Red Lake Spending
As soon as Rubicon Minerals (RMX-T, RBY-X) completes a $25-million first-phase drill program at the Phoenix gold project in Red Lake at the end of the first quarter of 2010, it will embark on a $60-mi…
Avanti Delivers Positive Prefeasibility For Kitsault
VANCOUVER — With the receipt of a positive prefeasibility study, Avanti Mining (AVT-V) has taken another step towards its goal of reopening the historic Kitsault molybdenum mine in northern British C…
First Quantum Rises On $260M Offer For Kiwara
VANCOUVER — Dipping into its US$800-million treasury, First Quantum Minerals (FM-T) is buying Zambian base metals explorer Kiwara (KWR-J) in a cash-and-shares deal worth US$260 million. Investors hap…
Brett Gains On Hammond Reef Study
VANCOUVER — A positive scoping study of the Hammond Reef gold project in Ontario sent Brett Resources (BBR-V) shares on a week-long climb, during which they gained 28% to reach a new all-time high of…
CBR Gold gains on high-grade Niblack hits
Vancouver – If the last few drill holes are any indication, there is a whole lot of high-grade mineralizatio…
Cardero gets the money
Vancouver – For Cardero Resources (CDU-T) getting a final US$88 million payment for its Pampa de Pongo ir…