Golden Predator To Spin Out Gold Assets
Golden Predator Mines (GP-T, GPDRF-O) is going to separate its gold and silver assets from its base metal assets in a spinoff that should draw attention to the company’s strong portfolio of precious m…
News
TSX Short Positions (January 19, 2009)
Short positions outstanding at Dec. 31/08 (with changes from Dec. 15/08).
Exchange Rates (January 19, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Jan. 12 Jan. 9 Jan. 8 Jan. 7 Jan. 6 US$ in C$ 1.2077 1.1923 1.1888 1.1853 1.1823 C$ in US$ 0.8280 0.8387 0.8412 0.8437 0.845…
Selkirk Sees Solid Results At Ruddock Creek
Underground drilling in the E zone at the Ruddock Creek property, 100 km northwest of Revelstoke in southeastern British Columbia, is yielding some solid zinc intercepts for Selkirk Metals (SLK-V, SKR…
Strongbow To Tally Nickel King Resource
In September, Strongbow Exploration (SBW-V, SBWFF-O) received assay results for the final 14 holes of its 2008 drill program at its Nickel King project in the Northwest Territories.
Lending Rates (January 19, 2009)
as of 9 a. m. ET. Jan. 13, 2009 (%) Bank of Canada 1.75 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Dividends (January 19, 2009)
Note:Xstrata PLC subsidiary, Xstrata Canada is sending a notice of redemption for all outstanding Cmltv prf sh, series 3, redeemable Mar 1 for $25 each in cash, plus accruded and unpaid dividends.
Polaris Closes $25M Financing
VANCOUVER — Quarry operator Polaris Minerals (PLS-T, POLMF-O) will eliminate a $20-million bridge loan and add about $5 million to its treasury with a bought-deal financing that closed in January, th…
International Quotes (January 19, 2009)
Australia (A$) Jan 13 Jan 6 Change Bendigo Mining 0.15 0.15 0.00 Kingsgate Cons. 3.36 3.53 -0.17 Lion Selection Ltd 0.75 0.78 -0.03 Newcrest Mining 31.48 31.60 -0.12 …
Monument Starts To Sparkle For New Nadina
VANCOUVER — Drill results from the Monument diamond project in the Northwest Territories point to the possibility of finding sizable stones, say its joint-venture owners.
Avalon Gets Top Drill Grades From Lake Zone
Avalon Ventures (AVL-T, AVVTF-O) set out to define the eastern, southern and western margins of the Lake zone at its Thor Lake rare metals project near Yellowknife, N. W. T. But encouraging drill resu…
Franco-Nevada Takes On Gold Quarry Royalty
Franco-Nevada (FNV-T, FNNVF-O) has more than US$500 million in cash and other facilities to pay for new investments and the company’s management says it is putting some of it to good use by acquiring …