News

Lending Rates (December 04, 2006)

as of 4 pm ET, Nov. 20, 2006 (%) Bank of Canada 4.50 Target overnight rate 4.25 Canadian Prime 6.00 U.S. Discount Primary 6.25 U.S. Fed Funds market rate 5.25…


Lake Shore adds to Timmins West

Vancouver — Lake Shore Gold (LSG-T, LSGGF-O) has delivered a significant resource increase at its Timmins West project, located about 18 km west of Timmins, Ont.




Alexco drilling at Keno Hill

Vancouver — Investors drove the stock of Alexco Resources (AXR-T, AXORF-O) to a new 52-week high of $5.10 recently, encouraged by the latest results from a Yukon silver project managed by the company…




De Beers opens diamond centre

De Beers officially opened Canada’s first Diamond Display Centre recently. The centre, which is located at De Beers Canada headquarters in Toronto, is the first permanent display of this type outside …


Pirquitas to go into production (December 04, 2006)

Silver Standard Resources (SSO-T, SSRI-Q) will go ahead with construction of a mine at its Pirquitas silver project in Jujuy province, Argentina, which would produce about 9 million oz. per year over …



Western Canadian Coal set to start second mine

Vancouver — Efforts to transform northeastern British Columbia into a major supplier of metallurgical coal to the Korean and Japanese steel industries have taken another step forward with news that W…


Gold Hawk set to restart Coricancha

Vancouver — Recent Peruvian government resolutions lifting a 2002 “stop work order” on the concentrator at its Coricancha gold- silver-lead-zinc mine, located 90 km east of Lima in west-central Peru,…


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