BHP Maps Olympic Dam Plans
BHP Billiton (BHP-N, BLT-L),the world’s largest mining company, is planning to expand its Olympic Dam copper-uranium-gold mine in Australia, envisioning a sixfold increase in mining and milling capaci…
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Tsx Venture Short Positions (December 15, 2008)
Short positions outstanding at Nov. 30/08 (with changes from Nov. 15/08).
Dividends (December 15, 2008)
Note: Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv pr sh on Jan 1, rec Dec 12. Xstrata Canada will pay $0.2863 div for pref sh series…
Kodiak’s Golden Mile Growing
Vancouver — The Golden Mile project is starting to outgrow its name: Kodiak Exploration (KXL-V, KXLAF-O) has traced its rich quartz vein gold system near Thunder Bay, Ont., along 8 km of strike and t…
Evolving Pulling Gold At Rattlesnake Hills
Vancouver — A first-pass drill program at Rattlesnake Hills in Wyoming is returning promising results for Evolving Gold (EVG-V, EVOGF-O).
Tsx Short Positions (December 15, 2008)
Short positions outstanding at Nov. 30/08 (with changes from Nov. 15/08).
Lending Rates (December 15, 2008)
as of 9 a. m. ET. Dec. 9, 2008 (%) Bank of Canada 2.50 Target overnight rate 1.50 Canadian Prime 4.00 U. S. Discount Primary 1.25 U. S. Fed Funds market rate 1.00 U. S. Prime 4…
Canadian Gold Mutual Funds (December 15, 2008)
as of Sept. 31/08
Exchange Rates (December 15, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Dec. 8 Dec. 5 Dec. 4 Dec. 3 Dec. 2 US$ in C$ 1.2572 1.2969 1.2540 1.2573 1.2421 C$ in US$ 0.7954 0.7711 0.7974 0.7954 0.8051…
International Quotes (December 15, 2008)
International Quotes Australia (A$) Dec 9 Nov 25 Change Bendigo Mining 0.13 0.12 0.01 Kingsgate Cons. 2.68 2.80 -0.12 Lion Selection Ltd 0.79 0.92 -0.13 Newcrest Mining 28….
Northgate more than doubles Young-Davidson gold resource
Vancouver – Northgate Minerals (NGX-T) has been rewarded for a serious drilling effort at its Young-Davidson project in Ontario with a new resource estimate that pushes the gold count past…
Northland upgrades Tapuli magnetite resource
Vancouver – Northland Resources (NAU-T) boosted confidence in its Tapuli magnetite deposit, upgrading most of…