2008

Exchange Rates (February 11, 2008)

CANADIAN/ U. S. EXCHANGE ( Bank of Canada noon rate) Date Feb. 4 Feb. 1 Jan. 31 Jan. 30 Jan. 29 US$ in C$ 0.9931 0.9943 1.0022 0.9937 0.9977 C$ in US$ 1.0069 1.0057 0.9…


Lending Rates (February 11, 2008)

as of 9 a. m. ET, Feb. 5, 2008 (%) Bank of Canada 4.25 Target overnight rate 4.00 Canadian Prime 5.75 U. S. Discount Primary 3.50 U. S. Fed Funds market rate 3.00 U. S. Prime 6…


Toronto Stock Exchange Jan. 29 -Feb. 4

Although the TSX Composite Index had its worst January since 1990, falling 4.9% over the month, Canada’s benchmark index started February off on a better note.


TSX Venture Exchange Jan. 29 -Feb. 4

With gold pulling back off new record highs, the S&P-TSX Venture Composite Index eked out a very modest 9.93-point gain over the Jan. 29-Feb. 4 trading session — closing at 2,567.73 on an average…


Noront buoyed by high-grade

VANCOUVER–Noront Resources (NOT-V, NOSOF-O) posted a 20% gain in recent trading on drill results the company says are its highest grade to date from the Double Eagle project, in northeastern Ontario.


Golden Goose plans resource upgrade

As Golden Goose Resources (GGR-V, GOOSF-O) gets its 2008 drill season under way at the Lac Levac nickel project in Quebec, the company is collecting the final assays from a 7,150-metre program complet…


Hunting for nickel in Tanzania

Tanzania’s prospective Kabanga nickel belt was first discovered by the United Nations Development Program (UNDP) in the 1970s.





U.S. Markets Jan. 29 -Feb. 4

Dismal economic news continued to spook the U.S. Federal Reserve Board, which trimmed its benchmarkovernight lending rate by another half a percentage point on Jan. 30 to prevent the economy from slip…


International Quotes (February 11, 2008)

Australia ( A$) Feb 5 Jan 29 Change Bendigo Mining 0.34 0.35 – 0.01 Centamin Egypt 1.45 1.43 0.02 Emperor Mines 0.06 0.07 – 0.01 Kingsgate Cons. 4.27 4.60 – 0.33 …


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