Lending Rates (June 22, 2009)
as of 9 a. m. ET. June 16, 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 …
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International Quotes (June 22, 2009)
Australia (A$) June 16 June 9 Change Aquila Resources 5.28 5.07 0.21 Bendigo Mining 0.26 0.28 -0.02 Centennial Coal 2.70 2.72 -0.02 Fortescue Res 3.66 3.27 0.39 Iluka…
Silvercorp Makes Play For Klondex
The largest silver miner in China, Silvercorp Metals (SVM-T, SVM-X), is turning its attention westward with an unsolicited all-share takeover bid for Klondex Mines (KDX-T, KLNDF-O), owner of the advan…
MagIndustries Raises $26M For Kouilou
VANCOUVER — A $26-million financing is giving MagIndustries (MAA-V, MAAFF-O) enough cash to continue construction at its Kouilou potash project in the Republic of Congo until the company can conclude…
Puget Sees Lustre In Base Metals
Plummeting prices and demand didn’t discourage Puget Ventures’ (PVS-V) president, Erin Airton, from forming a junior focused on base metals over the last year. In fact, she says it seemed like the log…
Passendro gold resource grows for Axmin
Vancouver – The measured and indicated resource in the Main zone of Axmin’s (AXM-V, AXMIF-O) Passendro project in…
IMF sales don’t weigh down gold price
The price of gold held its own despite the dreaded approval of the International Monetary Fund’s (IMF) selling…
Sulliden shifts into high gear at Shahuindo
After five long years, dozens of trips to the courthouse and a $13.5 million-settlement, Sulliden Exploration (SUE-…
High River updates Bissa gold resource
High River Gold Mines (HRG-T) has boosted the mineral resource at its Bissa gold project in Burkina Faso, 80 km nor…
Silver Standard ramping up Pirquitas production
Vancouver – Stalwart junior explorer Silver Standard Resources (SSO-V), a force in mineral exploration for over two…
Teck sells 33% of Waneta Dam for $825 million
Vancouver – In its latest debt-reduction move, Teck Resources (TCK.B-T, TCK-N) is selling a 33% stake in its Wane…
Lithium Americas gets down to business
Lithium Americas Corp., a private company being set up by Latin American Minerals (LAT-V) and an Argentinean borax …