2009


Lending Rates (October 26, 2009)

as of 5 p. m. ET. Oct. 20, 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 …


International Quotes (October 26, 2009)

Australia (A$) Oct. 20 Oct. 13 Change Aquila Resources 7.6 7.48 0.12 Bendigo Mining 0.25 0.25 0.00 Centennial Coal 3.32 3.35 -0.03 Fortescue Res 4.03 3.90 0.13 Iluka …


The adsorption, desorption, recovery plant at Capital Gold's El Chanate open-pit gold mine in Sonora state, Mexico.

Capital Gold Boosts Reserves At El Chanate Mine

New York-based Capital Gold (CGC-T, CGLD-O) built its 100%- owned El Chanate open-pit mine in Sonora, Mexico, in just 12 months at a cost of US$18 million. The mine has been profitable since the first…



Canplats Wraps Up Represa Scoping Study

The Represa deposit at the Camino Rojo gold project in Mexico’s Zacatecas state could produce an average of 122,300 oz. gold and 902,100 oz. silver a year if it becomes a mine, Canplats Resources (CPQ…


Extract Resources' relentless drilling for uranium in Namibia is earning the company good results.

Extract Hits Third Zone At Rossing South

VANCOUVER — The Rossing South uranium project is already home to 267 million lbs. U 3 O 8 in two adjacent deposits. Now owner Extract Resources (EXT-T, EXRLF-O) has found a third zone at the Namibian…


Hana Hits More High-Grade In Botswana

VANCOUVER — Hana Mining (HMG-V, HNNGF-O) is keeping busy in Botswana — in the last few months, the junior has defined a significant initial resource at its Ghanzi copper-silver project, concluded a …


Workers arrange core at Colossus Minerals' Serra Pelada project in Brazil.

Colossus Delivers More Monster Holes At Serra Pelada

Between 1980 and 1986, the Serra Pelada precious metals deposit in Brazil’s Para state spawned the largest gold rush in Latin American history, producing 2 million oz. gold. Today, Colossus Minerals (…


Canaco Jumps On Tanzanian Gold Hit

VANCOUVER– The results of just one drill hole from Canaco Resources’ (CAN-V, CANWF-O) Magambazi gold prospect, in Tanzania, lifted the junior’s share price from just 10¢ to the 40¢-range re…


Positive Feasibility For Minco Silver’s Fuwan

VANCOUVER– With a positive feasibility study now in hand for its Fuwan silver deposit in China, Minco Silver (MSV-T, MISVF-O) is trying to raise $20 million to fund initial development work.


Farallon Working Away At Campo Morado

VANCOUVER — With a $10-million financing and a US$30-million loan, Farallon Mining (FAN-T, FRLIF-O) has restructured its balance sheet, replacing short-term liabilities with long-term debt, while it …


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