EXCHANGE RATES (October 11, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct 4 Oct 1 Sept 30 Sept 29 Sept 28 US$ in C$ 1.0234 1.0215 1.0298 1.0300 1.0306 C$ in US$ 0.9771 0.9790 0.9711 0.9709 0.970…
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Oct 4 Oct 1 Sept 30 Sept 29 Sept 28 US$ in C$ 1.0234 1.0215 1.0298 1.0300 1.0306 C$ in US$ 0.9771 0.9790 0.9711 0.9709 0.970…
VANCOUVER — A successful second phase of exploration at the Cordero property in Chihuahua, Mexico, has expanded two zones and identified several new targets, prompting joint-venture owners Levon Reso…
The mining sector represents 44% of all Canadian foreign direct investment in Mexico, according to figures tabulated by the Canadian Chamber of Commerce in Mexico.
In the same week that the board of Capital Gold (CGC-T, CGC-X) rejected a merger proposal from Timmins Gold (TMM-V), the New York-headquartered gold producer signed a definitive merger agreement with Gammon Gold (GAM-T, GRS-N).The boards of…
Losing a key asset is never an easy thing for a company to rebound from.But Geologix Explorations (GIX-T, GXEXF-O), after having just such a thing happen to it early last year, is back at it again, looking to rebuild through the mineral…
VANCOUVER — Mexico-focused Genco Resources (GGC-T) and Silvermex Resources (SMR-V) have agreed to join forces to better advance their silver and gold projects in the country.Silvermex has a number of projects at various stages of…
Production will begin in October at the past-producing San Jose silver mine in Zacatecas, Mexico, with cash flow anticipated in the fourth quarter, Arian Silver (AGQ-V, AGQ-L) says.The London-headquartered junior plans to use some of that…
DENVER, COLO. –Iamgold’s (IMGT, IMGT, IAG-N) former chief executive, Joseph Conway, has a new focus with Primero Mining (P-T). While the company has only been up and running as a public company for a just over a month, if Conway has anywhere…
Construction and development can start “imminently” at Baja Mining’s (BAJ-T, BAJFF-O) Boleo project in Mexico’s state of Baja California Sur following a US$858- million financing, the company reports.Baja Mining’s 70%-owned company Minera y…
Quaterra Resources (QTA-V, QMM-X) has various properties in Mexico and in Nevada, Utah, Alaska and Arizona, but it’s the junior’s Nieves silver project in northern Zacatecas state that is getting most of the buzz recently.In August, Quaterra…
VANCOUVER — Continued delays in repairing a leach pad have set back production at Minefinders’ (MFLT, MFLT, MFN-N) Dolores gold-silver mine in northern Mexico.In early August the company reported a tear in the heap-leach pad that it expected…
VANCOUVER — Catalyst Copper’s (CCY-V) first drill program at the La Verde project in Michoacan state, Mexico, is returning long copper-gold intercepts from two porphyry zones outlined by previous explorers.Catalyst is set to acquire a…
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