LENDING RATES (October 27, 2008)
as of 9 a. m. ET, Oct. 21, 2008 (%) Bank of Canada 2.75 Target overnight rate 2.25 Canadian Prime 4.25 U. S. Discount Primary 1.75 U. S. Fed Funds market rate 1.50 U. S. Prime …
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EXCHANGE RATES (October 27, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct. 13 Oct. 10 Oct. 9 Oct. 8 Oct. 7 US$ in C$ 1.1976 1.1823 1.1952 1.1802 1.1602 C$ in US$ 0.8350 0.8458 0.8367 0.8473 0.86…
INTERNATIONAL QUOTES (October 27, 2008)
Australia (A$) Oct 21 Oct 14 Change Bendigo Mining 0.13 0.15 -0.02 Kingsgate Cons. 0.75 0.66 0.09 Lion Selection Ltd 1.30 1.39 -0.09 Newcrest Mining 22.37 26.65 -4.28 …
Cameco opens Alice Springs office, invests in Niger exploration (October 27, 2008)
Cameco (CCO-T, CCJ-n), the world’s largest uranium company, has opened an office in Alice Springs in Australia’s Northern Territory to help advance the Angela and Pamela uranium projects nearby. A joi…
Capital Gold posts record production at El Chanate (October 27, 2008)
Capital Gold (CGC-T, CGLD-o) has managed to keep a tight lid on costs at its El Chanate gold mine in Mexico during the operation’s first fiscal year.
North American Tungsten cancels US$19.4M private placement with Chinese enterprise
North American Tungsten (NTC-V, NATUF-o) has cancelled a private placement of about 13.4 million units in the company at a price of $1.45 per unit that was part of a strategic alliance agreement with …
Pacific Comox’s vision for Ryan Lake (October 24, 2008)
Matatchewan, Ont. A big old pile of crushed ore sits outside the mill at Pacifc Comox’s (PCM-V) Ryan Lake copper-…
Black clouds hang over First Majestic’s third quarter silver production
Vancouver – A particularly nasty wet season disrupted operations at First Majestic Silver’s (FR-T, FRMSF-O) three m…
Iamgold says Ecuador is moving closer to new mining law
Iamgold (IMG-T, IAG-N) believes Ecuador’s recent referendum in which 63.9% of all voters supported a new constitu…
Rare earth discovery in Namibia intrigues Etruscan (October 24, 2008)
Etruscan Resources’ (EET-T) initial interest in exploring northern Namibia was to find iron oxide copper gold (IOCG…
Sherwood links high-grade areas at Kutcho
Vancouver Drill results from Kutcho’s Main zone continue to return high-grade copper intercepts for Sherwood Copp…
Uranium One puts Dominion on care and maintenance
Vancouver – In mid-2007 the price of uranium was sitting just under US$140 per lb. and shares of Toronto-based Uran…