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News May 15, 2006

Overseas Quotes (May 15, 2006)

Australia (A$) May 8 May 2 Change
Bendigo Mining 2.44 2.36 0.08
Centamin Egypt 0.87 0…

News May 15, 2006

Detour Lake proving fortuitous

Drilling on Block A at the Detour Lake gold property in northeastern Ontario continues to yield high gold grades for equal partners Trade Winds Ventures (TWD-V, TWDIF-O) and Pelangio Mines (PLG-T, PLG…

News May 15, 2006

Canadian Gold Mutual Funds (May 15, 2006)

Fund name May 9($) May 1($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$)
AGF Pr Mtl 25.58 24….

LIBERTY MINESA load-haul-dump machine carries material from an underground drift at the Redstone nickel mine near Timmins, Ont.

News May 15, 2006

Chinese eager for Redstone concentrate

With encouragement from its Chinese partner, Liberty Mines (LBE-V) is fast-tracking production at its wholly-owned Redstone mine southeast of Timmins, Ont….

News May 15, 2006

‘Eskay-type’ target at BQ

Encouraging results from a limited drill program have prompted Endurance Gold (EDG-V) to stake an additional 20 claims totalling more than 80 sq. km surrounding its BQ polymetallic project situated 25…

News May 15, 2006

Spot Prices Courtesy of Scotiabank Tuesday, May 9, 2006

Precious Metals Price (US$/oz.) Change
Gold $679.75 +22.00
Silver $13.90 -0.02
Platinu…

News May 15, 2006

Eldorado bleeds US$7.5M in Q1

Vancouver — Eldorado Gold (ELD-T, EGO-X) posted a first-quarter net loss of almost US$7.5 million in 2006, reflecting a transition phase for the company as it wound down one of its mines and brought…

News May 15, 2006

Dividends (May 15, 2006)

Company Div. Pay Record
($) Date Date
Noranda Incm Fnd 0.085 May 25 Apr 30

News May 15, 2006

Lending Rates (May 15, 2006)

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as of 4 pm ET, May 8, 2006 (%)
Bank of Canada 4.25
Target overnight rate 3.82
Canadian Prime 5.75