LENDING RATES (October 06, 2008)
as of 9 a. m. ET, Sept. 30, 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 …
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DIVIDENDS (October 06, 2008)
Note: Vale will pay $0.52* on common and pr sh in two instlmnts on Apr 30 and Oct 31. Alcoa will pay its quarterly div of US$0.9375 for US$3.75 cmltv…
EXCHANGE RATES (October 06, 2008)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Sept. 29 Sept. 26 Sept. 25 Sept. 24 Sept. 23 US$ in C$ 1.0394 1.0349 1.0338 1.0351 1.0355 C$ in US$ 0.9621 0.9663 0.9673 0.966…
INTERNATIONAL QUOTES (October 06, 2008)
Australia (A$) Sept 30 Sept 23 Change Bendigo Mining 0.19 0.20 -0.01 Kingsgate Cons. 0.82 5.54 -4.72 Lion Selection Ltd 1.49 1.38 0.11 Newcrest Mining 27.63 26.84 0.79 …
SearchGold starts small with Gabon JV
SearchGold Resources (RSG-v) has received a mining permit for its 36%-owned Bakoudou-Magnima gold project in Gabon, a joint venture with Moroccan company Managem.
Alexandria gives up Joanna gold project to Aurizon
As Alexandria Minerals (AZX-V, ALXDF-o) gears up for its next 10,000-metre drilling expedition, the company is cashing in on its Joannes Twp. claims by optioning the property to Aurizon Mines (ARZ-T, …
Trevali proving potential at past-producing Santander
Vancouver — The Santander silver- lead-zinc project in Peru continues torepay Trevali Resources’ (TV-C, TREVF-o) investment with strong drill intercepts, encouraging grab samples, and inexpensive ave…
Queenston tallies Upper Beaver resource
Queenston Mining (QMI-T, QNMNF-o) staked its claims in Canada’s second-largest gold camp early and often — a strategy that has given it the biggest land position in the Kirkland Lake district of nort…
San Gold lands $20M for exploration at Rice Lake
Vancouver — San Gold’s (SGR-V, SGRCF-o) coffers will get a healthy top-up with a $20-million bought-deal private placement.
Rye Patch shares rise on Nevada high-grade
Shares of Rye Patch Gold (RPM-V, RPMG-o)shot up 128% on news that the company hit high-grade gold mineralization in drilling at its Lincoln Hill project, in Nevada.
Gem Diamonds recovers 478-carat stone at Letseng
Vancouver — For the third time in as many years, Gem Diamonds (GEMD-l) has recovered a diamond from its Letseng mine, in Lesotho, big enough to take a place on the list of the 20 largest rough diamon…
Editorial: Suppliers booming, juniors hunker down
While continued anxiety over the U. S. banking crisis dominated the headlines around the world during the week ended Sept. 27, the 39th trading week of 2008, there were still plenty of new development…