2010


LENDING RATES (June 07, 2010)

as of 9 a.m. ET. June 1, 2010 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.25 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.2…


INTERNATIONAL QUOTES (June 07, 2010)

Australia (A$) June 1 May 25 Change Aquila Resources 9.04 8.17 0.87 Bendigo Mining 0.22 0.21 0.01 Centennial Coal 4.11 3.58 0.53 Fortescue Res 4.04 3.44 0.60 Iluka Re…





A visiting mining analyst looks out over Sunridge Gold's Adi Nefas project in Eritrea.

Sunridge advances in Eritrea

SITE VISIT ASMARA, ERITREA — Six years and $30 million into its Eritrean exploration adventure, Sunridge Gold (SGC-V) has defined four deposits lying in an arc around the capital city Asmara that together host indicated resources containing…


Ventana Gold has settled the ownership dispute for its La Bodega gold project (above) in northeastern Colombia, earning full rights for the project.

Ventana settles La Bodega dispute (June 07, 2010)

VANCOUVER — Ventana Gold (VEN-T) has announced the settlement of an ownership dispute at its La Bodega gold project in northeastern Colombia as it continues to pull very high-grade intercepts from the property.For US$48 million the company…


Detour’s bright future holds 11.4M oz. gold

A newly released feasibility study on Detour Gold’s (DGC-T, DRGDF-O) Detour Lake gold project in northeastern Ontario has made it “one of the largest gold operations in Canada and one of the largest investments in the province,” company’s…


More silver hits for Levon, Valley High in Mexico

VANCOUVER –Following up on a successful initial drill program, joint-venture partners Levon Resources (LVN-V, LVNVF-O, L09-F ) and Valley High Ventures (VHV-V) have hit more long and good-grade silver intercepts at the Cordero project in…


New gold zone discovery lifts African Aura

African Aura Mining (AUR-V) has hit upon a new gold zone at its wholly-owned New Liberty gold project in Liberia, and the market signaled its belief in the discovery’s significance.In the days after the May 11 announcement of the near-surface…



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