Wesdome beats gold production forecast
Wesdome Gold Mines’ (WDO-T) gold production was 28% higher than expected in 2009 after grades at its Eagle Riv…
2010
Short Position Report (February 09, 2010)
TSX Short PositionsShort positions outstanding at Jan. 31/…
CAW asks gov’t to stop Xstrata smelter closure
The Canadian Auto Workers union has called on both the Ontario and the federal governments to investigate Xstr…
Nayarit proves positive economics at Orion
Vancouver – Junior player Nayarit Gold (NYG-V) has released a preliminary economic assessment (PEA) for its An…
Supreme Court decision on Red Chris provides environmental assessment clarity
Vancouver – In a decision more than three years in the making, the Supreme Court of Canada ruled the ministr…
Katanga coming back to life
The storm of the financial crisis is now behind Katanga Mining (KAT-T) and the company is looking to its opera…
Dividends (February 08, 2010)
Note:Freeport McMoRan Copper & Gold will pay $0.60* div with the first payment of $0.15* paid on Feb. 1, 2010.Cameco is increasing its annual div to 28 cents per sahre from 26 cents. Alcoa pays qr…
Lending Rates (February 08, 2010)
as of 9 a.m. ET. Feb. 1, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U.S. Discount Primary 0.50 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.2…
Exchange Rates (February 08, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Feb. 1 Jan. 29 Jan. 28 Jan. 27 Jan. 26 US$ in C$ 1.0653 1.0650 1.0643 1.0657 1.0606 C$ in US$ 0.9429 0.9384 0.9396 0.9390 0….
International Quotes (February 08, 2010)
Australia (A$) Feb. 02 Jan. 26 Change Aquila Resources 8.45 9.89 -1.44 Bendigo Mining 0.24 0.24 0.00 Centennial Coal 3.69 3.86 -0.17 Fortescue Res 4.69 4.79 -0.10 Ilu…
Solid Economics For Northgate’s Young-Davidson Project
The verdict of a final feasibility study on Northgate Minerals’ (NGX-T, NXG-X) Young-Davidson project in northern Ontario confirms a healthy rate of return over a 15-year mine life with average annual…
Apogee’s Pulacayo Moves Ahead
The Bolivian government and its Ministry of Environment and Water have given the go-ahead for Apogee Minerals (APE-V) to finalize the appropriate environmental studies that are required to get permits…