Canadian Gold Mutual Funds (September 28, 2009)
*as of June 30/09
News
Lending Rates (September 28, 2009)
as of 9 a. m. ET. Sept 22, 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 …
Exchange Rates (September 28, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 21 Sept. 18 Sept. 17 Sept. 16 Sept. 15 US$ in C$ 1.0777 1.0724 1.0613 1.0663 1.0763 C$ in US$ 0.9297 0.9325 0.9422 0.937…
Dividends (September 28, 2009)
Note: Vale will pay $0.4795 for common and prf class A shares on Oct 30. Alcoa will pay US93.75 cents per share on its US$3.75 cmltv prf stk payable Oct. 1, record close Sept 11. Hecla deferred Oct. 1…
International Quotes (September 28, 2009)
Australia (A$) Sept. 22 Sept. 8 Change Aquila Resources 7.56 6.96 0.6 Bendigo Mining 0.26 0.27 -0.01 Centennial Coal 3.28 3.26 0.02 Fortescue Res 4.24 4.25 -0.01 Iluk…
Detour Lake Mine To Cost US$844M
Detour Gold (DGC-T, DRGDF-O) has finished a prefeasibility study for its Detour Lake gold project in northeastern Ontario, outlining a plan to build a 45,000-tonne-per- year open-pit mine that would p…
NAT Tallies Cantung
As North American Tungsten (NTC-V) gets ready to put its Cantung tungsten mine in the Northwest Territories on care and maintenance, the company had some good news about the mine life.
Eagle Hill Gets The Cash It Needs To Survive (September 28, 2009)
Eagle Hill Exploration (EAG-V, EHECF-O) will soon have the funds it needs to shore up its recent acquisition of Noront Resources’ (NOT-V, NOSOF-O) Windfall Lake gold project in Quebec’s Chibougamau mi…
Romarco’s Gold Rush In The Carolinas
Romarco Minerals (R-V) is finding there’s still plenty of gold left in South Carolina’s hills.
Soros Fund Invests In Marengo
Billionaire George Soros’s investment fund has taken a 19.9% stake in Marengo Mining (MRN-T, MRN-A), the developer of the Yandera copper project in Papua New Guinea, as part of the junior’s $14.8-mill…
Rusoro Gets Penultimate Permit For Increible 6 Gold Deposit
Rusoro Mining (RML-V, RMLFF-O) has nailed down the penultimate permit it needs to move its Increible 6 gold deposit in southeastern Venezuela into production.
Kirkland Lake Gold Revenues Up
VANCOUVER — Gold sales were up for Kirkland Lake Gold (KGI-T, KGILF-O) during the quarter ending July 31. Kirkland sold 20,994 oz. gold at a price of C$1,072 per oz. over the period for revenues of $22.5 million.With operating expenses of…