Rubicon Minerals (RMX-T, RBY-X) closed $1.46 higher today in Toronto at $6.06 per share, a gain of 31.74%, on news of a four million ounce inferred gold resource estimate at its Phoenix gold project in Red Lake, Ontario.
The TSX Composite Index was off 39 points to 12,892 points for the Nov. 22-26 despite solid data on retail spending and signs of inflation. Along with such bullish indicators came increased sentiment that the Bank of Canada may begin raising…
The Dow Jones Industrial Average fell 111.55 points or 1% to finish at 11,092.00, while the S&P 500 index slipped 10.33 points or 0.86% to 1,189.40. Nasdaq added 16.44 points or 0.65% to reach 2,534.56. The Philadelphia Gold and Silver…
INTERNATIONAL QUOTES Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 …
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 22 Nov 19 Nov 18 Nov 17 Nov 16 US$ in C$ 1.0187 1.0208 1.0174 1.0207 1.0231 C$ in US$ 0.9816 0.9796 0.9829 0.9797 0.9774…
VANCOUVER — PolyMet Mining (POM-T, PLM-X) is offering to sell US$30 million worth of shares to Glencore International as it works towards securing final permitting of its NorthMet open-pit polymetall…
VANCOUVER — Allied Gold (ALG-T, ALD-A) has big plans for its Simberi gold mine in Papua New Guinea (PNG) — the company has embarked on an expansion of the mine’s oxide processing unit and now a pref…
SITE VISIT NORTH BAY, ONT. –When at least one hundred companies in Canada claim to have some rare earth element (REE) showings on their properties and about five or six of them are serious contenders for making it into production, the…
Led by Kevin McArthur, a former CEO of Goldcorp (G-T, GG-N) and Glamis Gold, Tahoe Resources (THO-T) hopes to position itself as a new leader in the silver business on the back of the recently acquired and newly discovered Escobal silver…
Shear Minerals (SRM-V) wrapped up this year’s exploration program on the Chesterfield Inlet diamond project in Nunavut still seeking the source of some promising indicator mineral anomalies and kimberlite float occurrences.With the objective…
Western Troy Capital Resources (WRY-V) is looking to raise $3.5 million on the back of a new copper-gold discovery at Deborah Lake, near Schefferville in northeastern Quebec.
VANCOUVER — Gold Bullion Development (GBB-V) is hitting the best grades to date at its Granada gold project in Quebec as it explores the Eastern Extension of its LONG Bars zone.
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