LENDING RATES (November 03, 2008)
as of 9 a. m. ET, Oct. 28, 2008 (%) Bank of Canada 2.75 Target overnight rate 2.25 Canadian Prime 4.25 U. S. Discount Primary 1.75 U. S. Fed Funds market rate 1.50 U. S. Prime …
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EXCHANGE RATES (November 03, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct. 27 Oct. 24 Oct. 23 Oct. 22 Oct. 21 US$ in C$ 1.2930 1.2732 1.2573 1.2499 1.2202 C$ in US$ 0.7734 0.7854 0.7954 0.8001 0…
INTERNATIONAL QUOTES (November 03, 2008)
Australia (A$) Oct 28 Oct 21 Change Bendigo Mining 0.11 0.13 -0.02 Kingsgate Cons. 2.31 3.51 -1.20 Lion Selection Ltd 1.20 1.30 -0.10 Newcrest Mining 17.71 22.37 -4.66 …
African Gold teams up with Newmont in Ghana
African Gold Group (AGG-V, AGGFF-o)is joining hands with Newmont Mining (NMC-T, NEM-n) to develop its Mankranho gold project in Ghana.
Jinshan hitting gold in China’s Gansu province
Not only is Jinshan Gold Mines (JIN-T, JINFF-o) one of just a handful of foreign mining companies producing gold in China, but the Canadian junior also has some good exploration prospects.
It’s a long moly Storie for Columbia Yukon (October 31, 2008)
Vancouver – Step-out drilling at the Storie molybdenum deposit continues to return long mineralized intercepts for …
The race to find rare earths outside of China
The key metals needed for hybrid cars, flat screen TVs and energy-efficient lighting could be in short supply in a …
Monument to build Selinsing gold mine
Vancouver Monument Mining (MMY-V) will go ahead with mine construction at its Selinsing gold project, about 100 …
DRC miners hardest hit
While these are tough times for companies across the mineral sector miners in the Democratic Republic Congo (DRC) a…
Copper Mountain gets the go ahead
Vancouver – Copper Mountain Mining (CUM-T) is not letting global financial turmoil or a falling copper price get in…
Vale slashes iron ore production, trims nickel too
Saying that it is “adjusting to the new global economic scenario,” Vale (RIO-N) is dramatically scaling back its ir…
Uranium price will rebound: analysts (Part 2)
Nick Carter, vice-president at Roswell, Ga.-based uranium consultancy Ux Consulting says that the recent steep drop…