News

Oro Gold gains on Mexican results

Vancouver — As share prices tumbled down all around, Oro Gold Resources (OGR-V, OGRSF-o) showed what kind of news it took to simply not lose ground during one of the worst days in the history of the …



DAILY METAL PRICES (October 13, 2008)

Date Oct. 6 Oct. 3 Oct. 2 Oct. 1 Sept. 30 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1870/1910 1920.50/1975 1985/2060 2069.50/2120 214…




Kimber raises $5M for gold hunt

Now that it’s closed a $5-million private placement, Kimber Resources (KBR-T, KBX-x) will be looking to bolster its gold position in Mexico with the money going into the ground at its Monterde and Set…


TSX VENTURE SHORT POSITIONS (October 13, 2008)

Short positions outstanding at Sept. 30/08 (with changes from Sept. 15/08). Largest short positions Gold Wheaton Gold GLW 2734100 1252188 Largo Resources LGO 1299500 563000 Westernza…


CANADIAN GOLD MUTUAL FUNDS (October 13, 2008)

Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…


TSX SHORT POSITIONS (October 13, 2008)

Short positions outstanding at Sept. 30/08 (with changes from Sept. 15/08). Largest short positions Lundin Mining LUN 23973922 -2240139 Ivanhoe Mines IVN 17773821 627410 Eldorado Gol…


EXCHANGE RATES (October 13, 2008)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct. 6 Oct. 3 Oct. 2 Oct. 1 Sept. 30 US$ in C$ 1.1027 1.0812 1.0769 1.0609 1.0599 C$ in US$ 0.9069 0.9249 0.9286 0.9426 0.94…


Candente pulls long interval at Canariaco Sur

Vancouver — As Candente Resources (DNT-T, CDOUF-o) closes in on an expanded scoping study for its Canariaco Norte copper-gold porphyry, its first drill result from a second porphyry target 1.3 km to …


LENDING RATES (October 13, 2008)

as of 9 a. m. ET, Oct. 7, 2008 (%) Bank of Canada 3.25 Target overnight rate 3.00 Canadian Prime 4.75 U. S. Discount Primary 2.25 U. S. Fed Funds market rate 2.00 U. S. Prime 5…


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