TSX VENTURE EXCHANGE -April 13-19
With talk of record high debt levels for Canadians and fraud charges against Goldman Sachs pitted against news of 11% growth in China last quarter, the S&P/TSX Venture composite index was mixed ov…
Articles by Northern Miner Staff
U.S. MARKETS -April 13-19
A huge cloud of volcanic ash from Iceland that paralyzed air traffic and grounded millions of passengers, sucked some of the air out of U.S. equity markets during the April 13-19 reporting period.
SPOT PRICES (April 26, 2010)
COURTESY OF SCOTIABANK
LME WAREHOUSE LEVELS (April 26, 2010)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 20, 2010 (change from Apr. 13 in brackets):
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…
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…
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…
Potash One purchases long lead time equipment to take advantage of lower prices
To take advantage of the economic slowdown, cheaper materials and labour, and hedge against inflation, Potash One (KCL-T) is buying some of the equipment it needs for its Legacy Potash solution mine in southern Saskatchewan sooner rather than…
San Gold ups its gold discoveries and resources
With multiple high-grade gold discoveries, two producing gold mines, a functional mill and another mine in the works, San Gold (SGR-T, SGRCF-O) is establishing itself as a pure gold play in southeastern Manitoba and a company to watch.”Our…
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…