Volume 96 Number 15 - May 31 - June 6, 2010

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…

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…


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…

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…

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.

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.

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