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Exchange Rates (February 02, 2009)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Jan. 26 Jan. 23 Jan. 22 Jan. 21 Jan. 20 US$ in C$ 1.2205 1.2480 1.2630 1.2741 1.2605 C$ in US$ 0.8193 0.8013 0.7918 0.7849 0…



Velocity Finding New Moly In Cassiar

VANCOUVER–The historic northern British Columbia mining town of Cassiar has a new resident: another junior exploration company searching out new riches in an old stomping ground.


Daily Metal Prices (February 02, 2009)

Date Jan. 26 Jan. 23 Jan. 22 Dec. 21 Dec. 20 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1032/1100 1020/1060 1020/1060 1036/1105 1066/1…



Great Western Looks South For Rare Earths

As China continually tightens the reins on rare earth exports, Great Western Minerals Group (GWG-V, GWMGF-O) is trying to secure its own supply by signing an option agreement with a South African comp…


Augusta Updates Rosemont Feasibility

An updated bankable feasibility study on the Rosemont copper-molybdenum project in Pima Cty., Ariz., has found that the proposed mine would have an after-tax net present value of 5%, or US$1.28 billio…




Lending Rates (February 02, 2009)

as of 9 a. m. ET. Jan. 27, 2009 (%) Bank of Canada 1.25 Target overnight rate 1.00 Canadian Prime 3.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …



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