Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 30 July 27 July 26 July 25 July 24 US$ in C 1.0033 1.0060 1.0101 1.0181 1.0208 …
Canada
Seabridge stays hopeful at Courageous Lake
A new preliminary feasibility study (PFS) on Seabridge Gold’s (SEA-T, SA-X) Courageous Lake gold project in the Northwest Territories suggests the project is viable at current gold prices, and more work needs to be done to lift its…
Agnico mines humming along
The message out of Agnico-Eagle Mines’ (AEM-T, AEM-N) headquarters after the second quarter is one of stability and efficiency.The company says the first half of the year was all about optimizing its five mines, and with the process…
Spanish Mountain aims for improved project economics
Vancouver-based explorer Spanish Mountain Gold (SPA-V) is on track to release updated economics for its Spanish Mountain gold project 70 km northeast of Williams Lake, B.C., by October. The company pushed back the date on its pre-feasibility…
Editorial: Spreadsheets vs. reality
The best-laid schemes o’ the mining industry’s mice an’ men gang aft agley an awful lot these days, leaving investors with nothing but “grief an’ pain, for promis’d joy!”Yea, the inability of mining…
Avalon expands Nechalacho resource
Avalon Rare Metals (AVL-T, AVL-X) reports that exploration drilling completed last year has lifted indicated resources at its flagship Nechalacho rare-earth deposit in the Northwest Territories by 73% to 152.3 million tonnes grading 1.32% total…
Q&A with Agnico’s Sean Boyd
At a time when investor sensitivities to management miscues and misguided strategies are running high, Agnico-Eagle Mines (AEM-T, AEM-N) stands out as a miner that has stuck to its mantra of providing stable growth with low political risk . . ….
Richmont’s lacklustre Q2 results
Richmont Mines (RIC-T, RIC-X) had a difficult second-quarter, posting a net loss of $30.9 million, or 92¢ per share, which included the previously released $28-million after-tax write-down on its Francoeur mine in Quebec.
Comstock attracts attention with Yukon trenching
VANCOUVER — Comstock Metals (CSL-V) has caught the eye of investors with some enticing trench and sample results from its QV project in Yukon’s White Gold district.
Commentary: Ontario and Quebec propose changes to mining rules
Interestingly, both Ontario and Quebec are proposing significant changes to their respective mining legislation.
Pretium’s record-breaking grades at Brucejack
VANCOUVER — Pretium Resources (PVG-T, PVG-N) continues to pull incredibly high gold hits from its Brucejack project in northern British Columbia.
Premier hits more high-grade at Trans-Canada
In an exploration update, Premier Gold Mines (PG-T) says it continues to intersect and expand on several horizons at its Trans-Canada gold project in northwestern Ontario, while hitting multiple high-grade intercepts.