Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Sept 3 Aug 31 Aug 30 Aug 29 Aug 28 US$ in C n/a 0.9926 0.9926 0.9875 0.9864 …
News
Commentary: Equitable compensation and the Canadian multinational corporation
Deciding whether to provide similar levels of pay for work of equal value is a natural consideration for Canadian companies with operations abroad — internal equity is a key platform for human resource strategy. However, a number of…
Noront hopes to soar with Eagle’s Nest
VANCOUVER — Toronto-based explorer Noront Resources (NOT-V) is banking on a newly-published feasibility study at its advanced-stage Eagle’s Nest pollymetallic nickel-sulphide deposit — which also includes copper, platinum,…
Temex moves up on resource estimate
Temex Resources (TME-V) got a healthy boost after publishing its first resource estimate for the Upper Hallnor portion of its Whitney gold project in Timmins, Ont.
Paramount grows resource at San Miguel
Paramount Gold and Silver (PZG-T) is bulking up resources down in Mexico.
Red Lake performance a priority, Goldcorp says
Difficulties in the first half of the year at its flagship Red Lake operations in northern Ontario that included adverse ground conditions in the High Grade Zone and lower-than-expected grades in other areas of the mine contributed to…
Osisko improving Malartic’s performance
VANCOUVER — Osisko Mining (OSK-T) continues to improve the performance at its Canadian Malartic mine in Abitibi Quebec, achieving record production levels again in August.
Northern Gold grows its prospective real estate
Northern Gold Mining (NGM-V) is adding to its heft in Northeastern Ontario.
Aurizon makes headway in Quebec
Aurizon Mines (ARZ-T, AZK-N, AZK-X) kicked off the month of September with a bang. On the same day it released higher-grade intercepts from its Hosco West and Heva deposits — part of the company’s feasibility-stage Joanna gold…
Petaquilla soars on Inmet’s takeover offer
Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash and equity, which operates the Molejon gold mine adjacent to its Cobre Panama copper-gold project in Panama.
Lundin bets on exploration program at Neves-Corvo
VANCOUVER — On Sept. 4 Toronto-based producer Lundin Mining (LUN-T) released results from an expansive, 90,000-metre resource drill program at its wholly-owned Neves-Corvo pollymetallic mine — including copper, zinc, lead, silver,…
Positive economics for Midas’ Golden Meadows
Midas Gold (MAX-T) has outlined a positive preliminary economic assessment (PEA) for its Golden Meadows project in Idaho, 153 km northeast of Boise, the state capital.