Lending Rates (July 13, 2009)
as of 9 a. m. ET. July 7, 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 …
2009
International Quotes (July 13, 2009)
Australia (A$) July 7 June 29 Change Aquila Resources 5.7 5.86 -0.16 Bendigo Mining 0.26 0.28 -0.02 Centennial Coal 2.20 2.42 -0.22 Fortescue Res 3.46 3.71 -0.25 Iluk…
Banro Ponders Production Options
Red Back Mining’s (RBI-T, RBIFF-O) move to acquire Moto Goldmines (MGL-T, MTOGF-O) and its gold-rich Moto project in the eastern Democratic Republic of the Congo (DRC) has had investors pondering more…
Golden Band Offers Investors $30M Gold-Linked Debenture
Tight credit markets and wary investors have forced Golden Band Resources (GBN-V, GBRIF-O) to try to sell investors physical gold it hasn’t yet produced through a $30-million gold-linked convertible d…
High River Updates Bissa Resource
High River Gold Mines (HRG-T, HRIVF-O) has boosted the mineral resource at its Bissa gold project in Burkina Faso, 80 km north of the capital city of Ouagadougou, by 11% in the measured category, 43% …
Hana Mining Reports Inferred Resource For Ghanzi
After 15 months of drilling in northwestern Botswana, Hana Mining (HMG-V) has released the first inferred resource for its Ghanzi copper- silver property.
Polar Star Aims For ‘Bigger Bang For Our Buck’
Polar Star Mining (PSR-V, POSRF-O) has let its option expire for the Chepica copper-gold mine — one of the points of contention during a heated proxy battle over the winter.
Anglo Swiss samples high grade gold in old Kenville workings
Vancouver – Anglo Swiss Resources’ (ASW-V) underground vein sampling program at the historic Kenville mine in sou…
ATW Gold mobilizing drills around gold-copper intercept
Vancouver – As part of a confirmation and stepout drill program at its Gullewa project in Australia, ATW Gold (AT…
ArcelorMittal assets under threat in Russia
The governor of Russia’s Kemerovo region warned steel giant ArcelorMittal (MT-N) that if it doesn’t increase coal p…
Vale to take on 60% interest in Intrepid project
Intrepid Mines (IAU-T, IAU-A) has agreed to option 60% of its Tujuh Bukit sulphide copper-gold project in East Java…
Mechel posts Q1 net loss of US$690.7 million
A 60% drop in coking coal production and a sagging exchange rate for the Ruble plunged Russian integrated mining an…