Cozamin reserves and mine life grow for Capstone
Vancouver – May was a busy month for Capstone Mining (CS-T) and on the first of June investors took note, lifting…
News
Niger joins first line of uranium producers
Tom Bell makes two startling predictions for Niger’s vast uranium resources.The State College, Pa.-based consulti…
Marathon improves metallurgy recoveries
Recent metallurgical testing improves the net present value of the Marathon PGM’s (MAR-T) platinum group metals and…
Red Back: Big growth through DRC
After kicking the tires for over two years, Red Back Mining (RBI-T) finally decided to take the plunge.The compan…
Ivanhoe Touts Aussie Rhenium-Moly Project
When Peter Reeve describes Ivanhoe Australia’s “remarkable” Merlin zone, he likens it to some of the great mineral discoveries in Australian history.
Feasibility Gives Thumbs-Up To Stingray’s El Pilar
Stingray Copper (SRY-T, SRYYF-O) has decided to develop its El Pilar oxide copper project in north-central Sonora, Mexico, as a low-cost, open-pit mine with a solvent extraction and electrowinning pla…
Alexco Defines More High-Grade Silver At Keno
VANCOUVER — Underground definition drilling at Alexco Resource’s (AXR-T, AXU-X) Bellekeno project, on its Keno Hill property in the Yukon, has further delineated a high-grade silver area within the u…
More Gold At Sabodala For Oromin
VANCOUVER — The Sabodala gold project in eastern Senegal continues to yield promising results for Oromin Explorations (OLE-T, OLEPF-O) — the project now hosts four defined deposits, two mineralized …
International Quotes (June 01, 2009)
Australia (A$) May 26 May 19 Change Bendigo Mining 0.28 0.29 -0.01 Kingsgate Cons. 6.15 5.58 0.57 Lion Selection Ltd 1.02 0.95 0.07 Newcrest Mining 32.00 29.50 2.50 Z…
Exchange Rates (June 01, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 25 May 22 May 21 May 20 May 19 US$ in C$ 1.1258 1.1233 1.1414 1.1434 1.1569 C$ in US$ 0.8883 0.8902 0.8761 0.8746 0.8644…
Lending Rates (June 01, 2009)
as of 9 a. m. ET. May 26, 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 …
Dividends (June 01, 2009)
Note:Vale will pay $0.4795 for common and preferred class A shares on Apr 30 and Oct 30. Anglo American has suspended its dividend which totals $0.44* for the year. Teck Cominco and Harry Winston Diam…