EXCHANGE RATES (January 10, 2011)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)Date Jan 3 Dec 31 Dec 30 Dec 29 Dec 28US$ in C$ N/A …
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)Date Jan 3 Dec 31 Dec 30 Dec 29 Dec 28US$ in C$ N/A …
More significant results from the drill at the Ogden gold project in Timmins, Ont., had Metals Creek Resources (mek-v) climbing higher. The results came out of the company’s ongoing 2,500-metre drill program and included a highlight intercept…
With vanadium demand increasing for new battery technologies, London’s Objective Capital Research says Energizer Resources (egz-v) and its Green Giant vanadium project in Madagascar is undervalued.Objective Capital, which states in its 40-page…
Loncor Resources (ln-v) is $6.8 million richer after Newmont Mining (nmc-t, nem-n) exercised some 2 million in-the-money warrants worth $2.9 million and took down a non-brokered $3.9-million private placement.Newmont Mining boosted its…
Vancouver – Metal prices can make or break a project, and in the case of Minera Andes’ (mai-t) Los Azules copper project in Argentina, a stronger copper price has dramatically increased the potential mine’s value.An updated preliminary economic…
An updated estimate has increased the copper-silver resource at the Ghanzi project in Botswana by more than 40% for Hana Mining (hmg-v), providing a solid foundation for a preliminary economic assessment (PEA) due out in February.The new…
Newly listed NSGold (nsx-v) is determined to make a name for itself in the historic gold camps of Nova Scotia.The junior recently wrapped up a $750,000-exploration drilling campaign on the Mooseland gold project, 110 km by paved highway…
Canada’s most advanced lithium project took a big step closer to production in mid-December when Canada Lithium (clq-t) produced a positive feasibility study for its Quebec Lithium project near Val d’Or, Que. The study found the deposit at…
After starting nickel production last April at the Tim King open-pit mine, part of Western Areas’ (wsa-t, wsa-a) Spotted Quoll deposit about 400 km east of Perth, the company has decided to mine underground, too. The nickel sulphide explorer…
Just days before Christmas, NovaGold Resources (ng-t, ng-x) has surprised Copper Canyon Resources (cpy-v) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…
Creston boosts NPV at El CrestonVancouver – A year of drilling and metallurgical work has given Creston Moly (cms-v) a big bump in the net present value (NPV) for its El Creston molybdenum deposit in Mexico.The new preliminary economic…
The first seven holes into Mirasol Resources’ (mrz-v) grassroots Virginia silver project in Argentina returned enough silver to add 22% to the company’s share price in a day.Mirasol is working through a 28-hole drill program at Virginia, the…
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