Corvus hits more high-grade at new Bullfrog target
VANCOUVER — The latest drill result from the Yellow Jacket target at Corvus Gold’s (KOR-T) North Bullfrog project in Nevada has returned more evidence of a high-grade feeder zone.
News
Forest fire threatens Kirkland Lake gold country
VANCOUVER — A raging forest fire that ignited on May 20 near the town of Kirkland Lake in north-eastern Ontario has forced residents from their homes, and impacted two active gold operations, as fire crews and the Ministry of Natural…
Labrador Iron Mines: Canada’s newest iron-ore producer
VANCOUVER — Toronto-based Labrador Iron Mines (LIM-T) is first out of the gate as the race is on to cash-in on Canada’s reinvigorated iron-ore hotspot in the Labrador Trough district. Labrador Iron is one of a handful of Canadian…
Atna confirms longer mine life at Briggs
Atna Resources (ATN-T, ATNAF-O) outlined in a new technical report this week that it has increased the lifespan of its Briggs gold mine in California by two years to 2017.
Commentary: Canada’s rise as an energy superpower
Canada is rapidly becoming recognized as one of the world’s energy superpowers. Canada is now the leading foreign supplier of oil to the U.S., delivering nearly twice as much each year as Saudi Arabia, and 90% of natural gas imports to…
Market News
TORONTO STOCK EXCHANGE
Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, May 15, 2012 Precious MetalsPrice…
Coeur gets a grip on Kensington
Opening a new mine is seldom a smooth process.
Supplier news
Geotech buys Aeroquest
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date May 14 May 11 May 10 May 9 May 8 US$ in C 1.0019 0.9968 1.0017 1.0015 0.9997 …
Miranda looks for a winning ticket
This year marks Miranda Gold’s (MAD-V) most active drill season to date, with partners spending between $5 million and $7 million to test at least seven of the company’s nine joint-venture projects.
Osisko faces delays, output revision at Malartic
Osisko Mining (OSK-T) had a rough start as it kicked off its first full year at the Malartic gold operation near Val-d’Or, Que., with operational setbacks impacting first-quarter performance, coupled with the mill’s temporary…