North American Stock Exchange Indices (August 31, 2009)
52-week Date Aug. 24 Aug. 21 Aug. 20 Aug. 19 Aug. 18 High Low S&P/TSX-Ven Comp 1186.36 1191.95 1184.39 1176.95 1166.50 1983.64 678.62 TSX Composite 10789.97 10831.18 10700.51 10686.83 10673.84…
News
Augusta Raises $29M
VANCOUVER — Slowly but surely, Augusta Resources (AZC-T, AZC-X) is pulling together the funds and permits it needs to start building a mine at its Rosemont copper-molybdenum project in Arizona.
TSX Venture Short Positions (August 31, 2009)
Short positions outstanding at Aug 15/09 (with changes from July 31/09).
Snowfield Produces New Gold Zone For Silver Standard
VANCOUVER — At the Snowfield project, Silver Standard Resources (SSO-T, SSRI-Q) is mobilizing drill rigs around a discovery hole that produced a lengthy intercept of gold mineralization at a target w…
TSX Short Positions (August 31, 2009)
Short positions outstanding at Aug 15/09 (with changes from July 31/09).
ATW Extends Deflector Deposit
VANCOUVER — Doubt, it turns out, can be a useful thing: historical work showed the Deflector deposit at ATW Gold’s (ATW-V, ATWGF-O) Gullewa gold mine in Western Australia was closed off to the north …
US Budget Deficits Spiral Out Of Control
The 33rd trading week of the year was a good time to sit back and take in the big picture, especially with respect to the U. S. dollar’s slow-motion train wreck and its effect on gold.
Ecuador’s State Mining Company Now Official
VANCOUVER — The Ecuadorian government has signed an official decree creating a state mining company.
Lending Rates (August 31, 2009)
Lending Rates as of 9 a. m. ET. Aug 25, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 …
Canadian Gold Mutual Funds (August 31, 2009)
*as of June 30/09
Dividends (August 31, 2009)
Dividends Company Div. Pay Record ($) Date Date Goldcorp 0.01* Aug 28 Aug 20 Troy Resources 0.04** Sept 4 Aug 21 Int’l Royalty 0.02* Sept 28 Sept 11 Russel Metals 0.25 Se…
Exchange Rates (August 31, 2009)
Exchange Rates CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Aug. 24 Aug. 21 Aug. 20 Aug.19 Aug. 18 US$ in C$ 1.0742 1.0799 1.0902 1.0969 1.1036 C$ in US$ 0.9309 0.9260 0.9173 0.9117…