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Coeur d'Alene Mines Corporation
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Australian Market Report of September 08, 2010 includes; Coeur d'Alene Mines (NYSE:CDE) subsidiary Coeur Alaska, Inc., has entered into a contract with Aurubis AG (ETR:NDA). Pacific Brands (ASX:PBG) recovered to a full-year net profit of A$52.7 million for the 12 months ending June 30, Alexium International (ASX:AJX) today announced that the Patents Registry for the Hong Kong Special Administrative Region China has been approved, Convergent Minerals (ASX:CVG) is to acquire Windarling Peak Project by farm-in from Iron Road Ltd (ASX:IRD).
Coeur d'Alene Mines Corporation (NYSE:CDE) (ASX:CXC) (TSE:CDM) said today that its wholly owned subsidiary, Coeur Alaska, has entered into a contract with China National Gold Group Corporation for the purchase and processing of gold concentrates produced at Coeur's new Kensington gold mine.
US stocks overnight closed at a new high for the year as the G20 finance ministers and central bankers pledged to keep stimulus measures until a recovery was certain. Dow jumped more than 200 points for the session, with 29 of the index's 30 components finished in the green.
US stocks fell for a second day on Thursday as investors worried over the key employment figures, which are scheduled to release on Friday. Most economists expect the data will show the unemployment rate climbed to 9.6 per cent, from a 26-year high of 9.5 per cent in June.
Australian shares yesterday gained on the rise of Wall Street. The benchmark S&P/ASX200 gained 71.1 points, or 1.8 per cent, at 3995.6, while the broader All Ordinaries had gained 70.3 points, or 1.8 per cent, to 3987.8.
The Australian share market ended lower on Monday, dragged by miners and banks. The market was cautious ahead of the federal budget which will forecast a record deficit tonight. Yesterday, the benchmark S&P/ASX200 was down 15.7 points, or 0.4%, at 3926, while the broader All Ordinaries lost 9.1 points, or 0.23%, to 3910.5.
Coeur d'Alene Mines Corporation (NYSE:CDE)(TSX:CDM)(ASX:CXC) announced today that it has started producing silver and gold at its new 100%-owned Palmarejo mine in northern Mexico, where the first gold/silver doré was poured Saturday evening.
Coeur d'Alene Mines Corporation (NYSE:CDE)(TSX:CDM)(ASX:CXC) announced today that it has started producing silver and gold at its new 100%-owned Palmarejo mine in northern Mexico, where the first gold/silver doré was poured Saturday evening.
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