News

Sandstorm Turns To Gold

VANCOUVER — Two former directors of Silver Wheaton (SLW-T, SLW-N) are trying out the precious metal stream business again, by remaking a junior resource company into a small-scale gold stream outfit …


Daily Metal Prices (April 20, 2009)

Date Apr. 13 Apr. 10 Apr. 9 Apr. 8 Apr. 7 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday Holiday 1302/1341 1290.50/1335 1290/1335 …



Goldsource Falls On Border Coal Results

VANCOUVER — Investors battered the share price of Goldsource Mines (GXS-V, GXSFF-O) after it released its latest coal intercepts from the Border property in Saskatchewan.


Canadian Gold Mutual Funds (April 20, 2009)

Featured Fund: CIBC precious metals as of 01/31/09 (in weighted order): Kinross Gold, Agnico-Eagle Mines, Goldcorp, Barrick Gold, Randgold Resources, Yamana Gold, Newmont Mining, Compania Minas Buenav…


Dividends (April 20, 2009)

Note:Vale will pay $0.4795 for all shares on Apr 30 and Oct 30. Anglo American has suspended its dividend which totals $0.44* for the year. Teck Cominco and Harry Winston Diamond have also suspended t…


Lending Rates (April 20, 2009)

as of 9 a. m. ET. April 14, 2009 (%) Bank of Canada 0.75 Target overnight rate 0.50 Canadian Prime 2.50 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime…


Exchange Rates (April 20, 2009)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Apr. 13 Apr. 10 Apr. 9 Apr. 8 Apr. 7 US$ in C$ 1.2212 Holiday 1.2274 1.2354 1.2341 C$ in US$ 0.8189 Holiday 0.8147 0.8095 0….


International Quotes (April 20, 2009)

International Quotes Australia (A$) April 14 April 7 Change Bendigo Mining 0.25 0.25 0.00 Kingsgate Cons. 5.00 5.26 -0.26 Lion Selection Ltd 0.94 0.95 -0.01 Newcrest Mining …



SouthGobi Errs In Mongolian Coal Estimate

VANCOUVER– Mathematical errors have led to a major overstatement of a resource estimate at South- Gobi Energy Resources’ (SGQ-V, SGQRF-O) Ovoot Tolgoi coal mine in southern Mongolia.


Brent Butler, ATW Gold president and CEO (left), and David Stone, chief operating officer, pose with the company's first gold dor bar from the new Burnakura underground gold mine in Western Australia.

ATW Pours Gold At Burnakura

VANCOUVER — ATW Gold (ATW-V) has poured the first gold at its new underground Burnakura gold mine in Western Australia.


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