Volume 98 Number 13 May 14 - 20, 2012


Exchange Rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date May 7 May 4 May 3 May 2 May 1   US$ in C 0.9953 0.9956 0.9968 0.9891 0.9839  …



More hot water for Baja Mining

Without additional funding by mid-June, the advanced-stage Boleo project in Mexico will be suspended, Baja Mining (BAJ-T) has warned shareholders. The announcement comes two weeks after the company declared a 22% increase in funding…


Allana pumps up potash resource at Dallol

Toronto-based explorer Allana Potash (AAA-T) took a step closer to -releasing a bankable feasibility study on its  Dallol potash project in Ethiopia when it released an updated resource estimate to kick off May.


Gold Fields eyes Bear Lake’s assets

Gold Fields (GFI-N) has signalled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early stage exploration assets, driving shares of the Ontario-focused junior up 50% on April 10.



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