News

Short positions outstanding at Aug 15/09 (with changes from July 31/09).

Short positions outstanding at Aug 15/09 (with changes from July 31/09).

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Aug. 31 Aug. 28 Aug. 27 Aug. 26 Aug. 25 US$ in C$ 1.0967 1.0879 1.0960 1.0991 1.0782 C$ in US$ 0.9118 0.9192 0.9124 0.9098 0…

as of 9 a. m. ET. Sept 1, 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 …

*as of June 30/09

Note: Vale will pay $0.4795 for common and prf class A shares on Oct 30. Norilsk Nickel plans to pay div of more than 25% of net profit H1 2009. Alcoa will pay US93.75 cents per share on its US$3.75 c…

Australia (A$) Sept 1 Aug 25 Change Aquila Resources 6.92 6.55 0.37 Bendigo Mining 0.23 0.23 0.00 Centennial Coal 3.34 3.49 -0.15 Fortescue Res 4.30 4.46 -0.16 Iluka …

VANCOUVER — By doubling the number of holes in the ground at its San Antonio property in Baja California Sur, Mexico, Pediment Gold (PEZ-T, PEZGF-O) has expanded the project’s gold resource to 1.6 mi…

VANCOUVER — Just over three years ago, when producers and explorers operating in Mongolia were slammed with a 68% windfall tax on copper and gold profits, their share prices tanked. Ivanhoe Mines (IVN-T, IVN-N), for example, which is advancing…

Eldorado Gold (ELD-T, EGO-X) has offered $2 billion in shares for China-focused Sino Gold (SIOGF-O, SGX-A) in a friendly deal that would see the company’s gold production climb to 550,000 oz. this year.In June, Eldorado bought a 19.8% stake…

A visit to Ulaanbaatar by Russian President Dmitri Medvedev has sealed a deal between Russia and Mongolia on uranium mining, leaving the status of Torontobased Khan Resources (KRI-T, KHRIF-O) up in the air.While rumours about a Russian and…

Barkerville, B. C., southeast of Quesnel, is a ghost town left over from the 1858-63 Cariboo gold rush, and soon, International Wayside Gold Mines (WYG-V, IWGFF-O) will ask shareholders to consider ta…