Volume 96 Number 10 - Apr 26 - May 2, 2010


DIVIDENDS (April 26, 2010)

Note: Merrex Gold shareholders will receive div of one Frontline Gold share for each 4.5 Merrex shares on May 1, rec Apr 15. Vale will pay $0.24* per outstanding common or prf sh on Apr 30 and Oct 20/…


LENDING RATES (April 26, 2010)

as of 9 a.m. ET. April 20, 2010 (%) 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…


EXCHANGE RATES (April 26, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 19 Apr. 16 Apr. 15 Apr. 14 Apr. 13 US$ in C$ 1.0201 1.0148 1.0014 0.9961 1.0028 C$ in US$ 0.9803 0.9854 0.9986 1.0039 0…


INTERNATIONAL QUOTES (April 26, 2010)

Australia (A$) Apr 20 Apr 13 Change Aquila Resources 10.58 10.6 -0.02 Bendigo Mining 0.24 0.26 -0.02 Centennial Coal 4.60 4.37 0.23 Fortescue Res 5.16 5.21 -0.05 Iluk…


Inspecting the visible geology underground at Golden Band Resources' Bingo gold mine, part of the La Ronge gold project in Saskatchewan.

Golden Band solves financing and tailings issues

Golden Band Resources (GBN-V) is targeting the fourth quarter for production startup at its La Ronge gold project in Saskatchewan after more than one delay along the way.Tailings management and financing have been the two main hurdles over…



Goldsource sees more coal potential at Border

It’s been a while since Goldsource Mines (GXS-V) enjoyed the title of market darling.The Vancouver-based company’s share price made one of the most dramatic moves on the Venture exchange back in 2008, but has been languishing since.The ball…


Working underground at Claude Resources' Seabee gold mine in northeastern Saskatchewan. The company recently received the final necessary operating permit for Santoy 8, a satellite deposit 14 km east of Seabee.

Claude gets final operating permit for Santoy 8

Claude Resources (CRJ-T, CGR-X) has obtained the final operating permit needed for the Santoy 8 gold project in northeastern Saskatchewan and now expects pre-production will start in the second quarter of 2010 with commercial production by the…


US$240M earmarked for BHP’s Jansen

BHP Billiton Diamonds, a member of the Melbourne-based BHP Billiton (BHP-N) group of companies, has given the green light to spend US$240 million on developing the first stages of the Jansen potash project, an underground potash development in…



Crocodile Gold makes Aussie gold mining plans

Crocodile Gold (CRK-T, CROCF-O) plans to produce 120,000 oz. gold this year at a cash cost of US$650 per oz. and will spend US$23 million on a 40,000-metre drill program to expand its resources in Aus…


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