Goldcorp selling San Dimas, Escobal to juniors
VANCOUVER — Goldcorp (G-T, GG-N) has announced the sale of its San Dimas gold-silver mine in Mexico, a month after entering into a similar arrangement for its Escobal silver deposit in Guatemala.
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LENDING RATES (June 14, 2010)
as of 9 a.m. ET. June 8, 2010 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.25 U.S. Discount Primary 0.75 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.2…
Prophecy makes headway with Ulaan Ovoo in Mongolia
Prophecy Resource’s (PCY-V, PCYRF-O) Ulaan Ovoo coal project in Mongolia is expected to be in production this year, so it’s a good thing the company has secured rail loading facilities to transport co…
Kimber rises on positive Monterde economics (June 14, 2010)
VANCOUVER — Kimber Resources’ (KBR-T) Monterde project in Mexico could produce 813,000 oz. gold and 21.4 million oz. silver over a 13.4-year mine life, according to a preliminary economic assessment …
Romios explores next to Galore Creek (June 14, 2010)
Right now, nearly everything about Romios Gold Resources (RG-V) is small — its $1.3-million budget, its $15-million market cap and its 27-sq.-km Trek project– but the company believes that Trek’s lo…
INTERNATIONAL QUOTES (June 14, 2010)
Australia (A$) June 8 June 1 Change Aquila Resources 8.3 9.04 -0.74 Bendigo Mining 0.22 0.22 0.00 Centennial Coal 4.21 4.11 0.10 Fortescue Res 3.92 4.04 -0.12 Iluka R…
Drills expand Trevali’s Santander deposits
VANCOUVER — A 12,500-metre drill program at the Santander silver-lead-zinc project in Peru designed to boost confidence in the known resource, expand the deposits down-plunge and towards each other, …
Cliffs gets coy in Ring of Fire
While there were no earth-shaking events in the mining world for the first week of June, the industry continues to perk along, with plenty of M&A activity and ambitious exploration and mine develo…
CANADIAN GOLD MUTUAL FUNDS (June 14, 2010)
Featured Fund: AGF Precious Metals (US$) as of 08/31/09 (in weighted order): Goldcorp, Kinross Gold, Iamgold, Central Fund of Canada, Agnico-Eagle Mines, Inmet Mining, Eldorado Gold, Randgold, Osisko …
EXCHANGE RATES (June 14, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date June 7 June 4 June 3 June 2 June 1 US$ in C$ 1.0540 1.0516 1.0416 1.0404 1.0479 C$ in US$ 0.9488 0.9509 0.9601 0.9612 0.9543…
TSX WARRANTS
Aberdeen International (AAB. WT)– Wt buys sh @ $1 to Jun 6/12.
Rubicon’s F2 returns high-grade gold intercepts
More drilling at Rubicon Minerals’ (RMX-T, RBY-X) 100%-owned Phoenix project in the Red Lake gold district of Ontario shows excellent grades extend to depth.