Volume 95 Number 47 - Jan 11 - Jan 17, 2010

Lending Rates (January 11, 2010)

as of 9 a.m. ET. Jan. 5, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U.S. Discount Primary 0.50 U.S. Fed Funds market rate 0-0.25 U.S. Prime 3.2…

Exchange Rates (January 11, 2010)

CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Jan. 4 Jan. 1 Dec. 31 Dec. 30 Dec. 29 US$ in C$ 1.0378 n/a 1.0466 1.0525 1.0405 C$ in US$ 0.9131 n/a 0.9555 0.9501 0.9611 EX…

International Quotes (January 11, 2010)

Australia (A$) Jan. 5 Dec. 18 Change Aquila Resources 10.98 8.89 2.09 Bendigo Mining 0.26 0.24 0.02 Centennial Coal 4.00 3.69 0.31 Fortescue Res 4.60 4.26 0.34 Iluka …

Yamana’s In The Money

Yamana Gold (YRI-T, AUY-N, YAU-L) has amplified its unsecured revolving credit facility from US$500 million to US$680 million thanks to a syndicate of international banks in a deal orchestrated by Sco…

Augusta Rejigs Debt, Advances Rosement

Augusta Resource (AZC-T) is restructuring US$40 million in debt to ease the pressure to secure financing for its massive Rosemont copper project in Arizona before it matures this June.

Detour Drills 101,000 Metres In ’09

Detour Gold (DGC-T) says assays from the latest batch of infill drilling results at the Detour Lake open pit project 180 km northeast of Cochrane, Ont., were “as expected,” confirming continuity of go…

FNX To Boost Production In 2010

FNX Mining (FNX-T) forecasts production from its Sudbury mining assets in 2010 will reach 891,000 tons of ore shipped, a 31% increase over the company’s 2009 production plan.

Haile Grows For Romarco

VANCOUVER– The extent of mineralization at Romarco Minerals’ (R-V) Haile project in South Carolina continues to grow.

Russian Mountain Robust For Full Metal

Drill results from its 2009 exploration season at the Russian Mountain project in Alaska demonstrated multiple gold-silver- copper-bearing structures for Full Metal Minerals (FMM-V).

SouthGobi Sells Indonesian Coal Property

SouthGobi Energy Resources (SGQ-T) is selling its stake in the Mamahak coal project in Indonesia to focus on developing its coal assets in Mongolia, the company says. The news sent SouthGobi’s shares …

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