News

Recent metallurgical testing of Marathon PGM’s (MAR-T, MRPGF-O) eponymous platinum group metals (PGMs) and copper project improves the project’s net present value by 47% to $113 million, the company s…

VANCOUVER — Coming off strong drill results that expanded mineralization at its Haile project, Romarco Minerals (R-V, RTRAF-O) is raising $30 million through a bought-deal financing.

VANCOUVER — Minera Andes (MAI-T, MNEAF-O) is taking advantage of its strong share price to raise $20 million. A group of underwriters has agreed to buy about 26.7 million units at 75¢ a unit. Ea…

VANCOUVER — Cardero Resources (CDU-T, CDY-X) has taken a big step forward at the Pampa El Toro iron sands project in Peru with completion of the project’s first resource estimate.

Australia (A$) Aug 4 July 21 Change Aquila Resources 6.21 5.42 0.79 Bendigo Mining 0.24 0.26 -0.02 Centennial Coal 3.04 2.53 0.51 Fortescue Res 4.29 4.21 0.08 Iluka R…

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date July 27 July 24 July 23 July 22 July 21 US$ in C$ 1.0835 1.0842 1.0867 1.0981 1.1078 C$ in US$ 0.9229 0.9223 0.9202 0.9107 0…

as of 9 a. m. ET. Aug 4, 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 …

Note:Vale will pay $0.4795 for common and preferred class A shares on Oct 30. Russia’s Norilsk Nickel plans to pay a dividend of more than 25% its net profit for the first half of 2009. Alcoa will pay…

*as of June 30/09

Short positions outstanding at July 15/09 (with changes from June 30/09).

Short positions outstanding at July 15/09 (with changes from June 30/09).

52-week Date July 27 July 24 July 23 July 22 July 21 High Low S&P/TSX-Ven Comp 1147.05 1143.95 1137.79 1123.45 1114.64 2239.74 678.62 TSX Composite…