Asia

Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Sept 10 Sept 7 Sept 6 Sept 5 Sept 4   US$ in C 0.9762 0.9778 0.9825 0.9902 0.9863  …


Turquoise Hill, Rio Tinto push ahead at Oyu Tolgoi

Turquoise Hill Resources (TRQ-T, TRQ-N), formerly known as Ivanhoe Mines, says the first construction phase at its sizeable 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert is wrapping up, with initial production…


Filipino mining opponent ambushed, son killed

Amnesty International is calling on the Philippine government to investigate the killing of Jordan Manda, the 11-year-old son of Timuay Lucenio Manda, a Subanen tribal chief in Bayog, Zamboanga del Sur province on Mindanao Island.


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  …


Eldorado proves its mettle in China’s goldfields

With three gold operations in China, Vancouver-based producer Eldorado Gold (ELD-T, EGO-N) has established a strong track record in a mining jurisdiction that offers a variety of challenges for international developers. Eldorado expects its…


Aerial view of Prophecy Coal's Chandgana coal project in Mongolia. Photo by Prophecy Coal

Prophecy Coal looks to satisfy Mongolia’s power needs

With the Mongolian economy growing at one of the fastest rates in the world, and China eyeing its neighbour as a potential long-term power source, Vancouver-based Prophecy Coal (PCY-T) is optimistic about its prospects for a power-purchase…


Tidying up after a gold pour at Medusa Mining's Co-O gold mine in Mindanao, Philippines. Photo by Trish Saywell

Medusa expands, hunts for more gold

Medusa Mining’s (MML-L) vein system at its Co-O underground gold mine in the Philippines — which remains open at depth, in all directions — produced 15,557 oz. gold in the quarter ended June 30 at cash costs of US$283 per oz….


Newcrest reopens Lihir, outlines Golpu potential

Newcrest Mining (NM-T) has reopened its Lihir gold mine in Papua New Guinea (PNG) after briefly suspending operations, just as it outlines the potential of Golpu, another major PNG project.On Aug. 28 the gold miner — Australia’s…


Mindoro gets the grade

It’s been a busy summer in the corporate offices of Mindoro Resources (MIO-V), and now the company has stellar results from the field to throw into the mix.While the past few months have been more about private placements and…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31   US$ in C n/a 0.9986 1.0062 1.0017 1.0014  …


Mindoro gets the grade

It’s been a busy summer in the corporate offices of Mindoro Resources (MIO-V) and now the company has some stellar results from the field to throw into the mix.


Prophecy Coal targets Mongolia’s growing power demand

VANCOUVER — With the Mongolian economy growing at one of the fastest rates in the world, and China eyeing its neighbour as a potential long-term power source, Vancouver-based Prophecy Coal (PCY-T) is optimistic about its prospects for a…


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