The Canadian dollar is still kept at a fairly high level against the U.S., despite the fact that economic growth in both countries were lower than projected, which does not confirm talks with investors that the central bank of Canada will continue to raise interest rates. Chairman of the Bank of Canada Mark Carney raised the base interest rate on July 20 to 25%, and investors expect a possible re-raising in September. Nevertheless, foreign exchange analyst RBC did not believe that this slight decrease in economic growth plans violate the Bank of Canada. Thus, according to the bank, we can expect that the rates in Canada continue to rise in contrast to the U.S..

Source: FxTrade.kz - Forex Market News 

 Vancouver - July 30, 2010 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSX-V: GBB) (the "Company" or "Gold Bullion") is pleased to report significant progress in the advancement of its 100% owned Granada Gold Property as a potential bulk tonnage, open-pit deposit. Located five kilometers south of Rouyn-Noranda, Quebec, along the prolific Cadillac Trend where numerous multi-million ounce gold deposits have been discovered, Granada presents considerable exploration upside as most of Gold Bullion's nearly 50 square kilometre land package surrounding the former mine is just beginning to be explored in a systematic fashion.

 The LONG Bars Zone geological structure has been confirmed by GENIVAR, Gold Bullion's geological consultant, to extend east of Phase 1 discovery hole GR-10-17 (the easternmost hole drilled in Phase 1), demonstrating the growing magnitude of this mineralized system which remains open in all directions and appears to be broad-based and near-surface. The east-northeast (ENE) discovery area is outside the Preliminary Block Model and was therefore not part of the calculation of potential non-compliant resources at Granada as outlined in the Company's April 22, 2010, news release..

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Silver Standard Resources Inc.: Brucejack Drilling Intersects More Bonanza-Grade Gold Mineralization

Silver Standard Resources Inc. (TSX: SSO)(NASDAQ: SSRI) (the "Company") is pleased to report that diamond drilling at its wholly-owned Brucejack Project continues to encounter bonanza-grade gold and silver mineralization over a relatively broad area. (See the news release dated July 12, 2010, for a summary of the high-grade holes in 2009 and 2010.) The Brucejack Project is adjacent to the Company's wholly-owned Snowfield Project approximately 65 kilometers north of Stewart, British Columbia.

Galena Hill Zone
Highlights are holes SU-53 and SU-54 from the Galena Hill Zone. The bonanza-grade intercept in SU-53 included:

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PotashCorp Reports Second-Quarter Earnings of $1.55 Per Share

Potash Corporation of Saskatchewan Inc. (PotashCorp) today reported second-quarter earnings of $1.55 per share(1) ($472.0 million), more than double the $0.61 per share ($186.2 million) earned in the same period last year. This result was the second-highest second-quarter total in company history and raised first-half 2010 earnings to $3.02 per share ($921.2 million). Our performance for the quarter reflected the continuing recovery in fertilizer demand and was enhanced by a $69.6 million special dividend (equivalent to approximately $0.17 per share) from our investment in Israel Chemicals Ltd. (ICL) in Israel.

Second-quarter gross margin of $583.6 million, driven largely by potash, was more than triple the $169.1 million earned in the same period last year and raised total gross margin for the first six months to $1.3 billion.

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Thundermin and Cornerstone Intersect 2.3% Cu Over 18.0 m, Including 4.2% Cu Over 5.5 m, in Deepest Intersection to Date at Little Deer

Thundermin Resources Inc. ("Thundermin") (TSX: THR) and 50% joint venture partner Cornerstone Resources Inc. ("Cornerstone") (TSX VENTURE: CGP) announce that they have intersected 2.3% Cu over a core length of 18.0 m, including 4.2% Cu over 5.5 m, approximately 992 m below surface on the Little Deer Copper Deposit ("Deposit") located approximately 10 km north of Springdale in north-central Newfoundland (see Table 1 and Figure 1). This intersection, which is the deepest significant copper mineralization intersected to date in the Deposit, suggests that there is good potential to increase tonnages at depth at Little Deer. The potential to increase tonnes at depth, however, is conjectural in nature and additional drilling will be required to define the true tonnage potential of the Deposit.

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