SPOT PRICES (May 31, 2010)
COURTE SY OF SCOTIABANK
Volume 96 Number 15 - May 31 - June 6, 2010
Scorpio drills Nuestra Senora
Scorpio Mining (SMP-T) is off to a good start with its 20,000-metre drill program at the Nuestra Senora mine, 10 km east of Cosala, in Sinaloa state, Mexico.
Copper Mountain closes $34.5M financing
Copper Mountain Mining (CUM-T) has raised $34.5 million that it will use to pay its 75% share of working capital for its copper porphyry project in southeastern B.C.
Riverstone releases first Nami results (May 31, 2010)
VANCOUVER — Riverstone Resources (RVS-V) had already defined four gold deposits at its Karma project in Burkina Faso and was starting to move those ounces towards production when local artisanal mine…
Aurizon options Fayolle from Typhoon in Quebec
Gold producer Aurizon Mines (ARZ-T, AZK-X) is teaming up with Typhoon Exploration (TYP-V) in a joint-venture to explore Typhoon’s 100%-owned Fayolle gold project, 10 km north of Aurizon’s Joanna proje…
INTERNATIONAL QUOTES (May 31, 2010)
Australia (A$) May 25 May 18 Change Aquila Resources 8.17 9.09 -0.92 Bendigo Mining 0.21 0.23 -0.02 Centennial Coal 3.58 4.12 -0.54 Fortescue Res 3.44 4.06 -0.62 Iluk…
EXCHANGE RATES (May 31, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date May 24 May 21 May 20 May 19 May 18 US$ in C$ Holiday 1.0570 1.0659 1.0515 1.0330 C$ in US$ Holiday 0.9461 0.9382 0.9510 0.96…
LENDING RATES (May 31, 2010)
as of 9 a.m. ET. May 25, 2010 (%) 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…
DIVIDENDS (May 31, 2010)
Note: Vale will pay $0.24* per outstanding common or prf sh on Oct 20/10. Alcoa will pay a $0.75* div on it $3.75* cmltv pr stock on July 1, rec June 11. Franco-Nevada will start paying a semi-annual …
TSX VENTURE SHORT POSITIONS (May 31, 2010)
Short positions outstanding at May 15/10 (with changes from Apr. 30/10).
TSX SHORT POSITIONS (May 31, 2010)
Short positions outstanding at May 15/10 (with changes from Apr. 30/10).
NORTH AMERICAN STOCK EXCHANGE INDICES (May 31, 2010)
52-week Date May 24 May 21 May 20 May 19 May 18 High Low S&P/TSX-Ven Comp Holiday 1453.39 1421.81 1486.09 1540.46 1691.10 1027.29 TSX Composite…