LENDING RATES (November 15, 2010)
as of 9 a.m. ET. Aug. 23, 2010 (%) Bank of Canada 1.00 Target overnight rate 0.75 Canadian Prime 2.75 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3….
2010
INTERNATIONAL QUOTES (November 15, 2010)
Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …
EXCHANGE RATES (November 15, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 8 Nov 5 Nov 4 Nov 3 Nov 2 US$ in C$ 1.0022 1.0015 1.0024 1.0092 1.0099 C$ in US$ 0.9978 0.9985 0.9976 0.9909 0.9902 EXCH…
Avion posts Vindaloo resource
Avion Gold (AVR-V, AVGCF-O) has completed an initial resource estimate for the Vindaloo zone of its recently acquired Hounde gold property, about 250 km southwest of Burkina Faso’s capital, Ouagadougo…
Equinox turns to Saudi Arabia
Equinox Minerals (EQN-T, EQN-A) wants to cement its position as a leading independent pure-play copper producer and it believes its $1.25-billion friendly takeover offer of Citadel Resource Group (CGG…
Midland posts new assays for Ytterby REE project
A report in The New York Times that China is further restricting exports of rare earth elements (REE) starting from Oct. 19 plays into the hands of juniors exploring for the valuable minerals in Canad…
Callinan to split royalty, exploration operations
Vancouver — Eighty-three-year-old Callinan Mines (CAA-V) is dividing its royalty and exploration holdings into two entities.
Lithium Americas steps up Cauchari
SITE VISIT SUSQUES, JUJUY PROVINCE, ARGENTINA ARGENTINA — What once was overlooked as a clay basin is now set to become one of the largest lithium brine deposits in the world by 2014.Lithium Americas’ (LAC-T) flagship Cauchari project…
Blue Sky taps into Argentina’s uranium
Drawing comparisons to similar types of uranium deposits in Australia and Namibia, Blue Sky Uranium (BSK-V) believes its new grassroots uranium find in Argentina’s Rio Negro province has the potential to be economically attractive at grades…
Iron Creek advances Victoria in Chile
VANCOUVER — While Iron Creek Capital (IRN-V) may be a little rusty after a long time off, a new president and new capital is kick-starting progress for the Chilean explorer.Timothy Beale, with more than 20 years of experience working in…
Minera eyes mid-tier prize
Minera IRL (IRL-T, MIRL-X, MIRL-L) wants to become a mid-tier gold producer, and it’s looking to South America’s gold wealth to reach that goal.The company, which currently has a small operating open-pit gold mine in Peru, has a three-phase…
Extorre Gold advances Cerro Moro
VANCOUVER — For years the Cerro Moro gold-silver project in Argentina’s Santa Cruz province played second-fiddle to Exeter Resource’s (XRC-T, XRA-X) sizable Caspiche gold project in Chile, but the project is now advancing quickly as the prime…