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Toronto Stock Exchange
Canada
TSX Venture Exchange
The S&P/TSX Venture Composite Index clawed back much of the steep losses it had suffered the week prior, gaining 81.39 points to end the period at 1,309.27 points after four days of straight gains. The gains came despite fairly low volumes,…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date May 28 May 25 May 24 May 23 May 22 US$ in C 1.0241 1.0285 1.0275 1.0275 1.0191 …
Forest fires threaten Kirkland Lake, Timmins
Raging forest fires attributed to irresponsible campers near the towns of Kirkland Lake and Timmins in northeastern Ontario forced residents from their homes and impacted four regional gold operations. Fire crews and the Ministry of Natural…
Clifton Star adds the ounces at Duparquet
Junior explorer Clifton Star Resources (CFO-V) has seen its extensive resource drilling efforts pay off, with the company delineating a multi-million ounce, open-pit indicated gold resource at its Duparquet project in northwestern…
Xstrata and JX Nippon pledge $35M to BC coal
Xstrata’s (XTA-L) coal division is wasting little time in advancing its recently secured coal fields in B.C.’s Peace River region, as it and 25% joint-venture partner JX Nippon Oil and Energy launch into a $35-million prefeasibility…
Editorial: Feds show heavy hand in CP strike
Labour relations in Canada took a step backwards in late May, as federal Labour Minister Lisa Raitt tabled back-to-work legislation to end a walkout by 4,800 Canadian Pacific Railway locomotive engineers and conductors that began on May 23 as a…
Supplier News
GE pursues two underground equipment makers
People
Abzu Gold — Allan Serwa resigned as CEO; Tim McCutcheon appointed CEO and a director.Alcoa — Max Laun appointed VP and general counsel; Donna Dabney top retire Aug. 1 as VP and corporate secretary; Audrey Strauss appointed chief…
Bolero jumps on graphite trend
Proving there is healthy demand for new graphite plays, new entrant Bolero Resources’ (BRU-V) share price nearly doubled after announcing it had secured prospective graphite claims in northern Ontario.The claims are contiguous to Northern…
Copper Fox adds tonnes to Schaft Creek while waiting for economics
VANCOUVER — Copper Fox Metals’ (CUU-V) 70%-owned Schaft Creek deposit is even bigger now thanks to a resource update, but it will still be months before its known how feasible the project actually is.
Thompson Creek provides the lowdown on Mt. Milligan
VANCOUVER — As the old adage goes, it tends to always be darkest before the dawn, and that seems an apt description for Colorado-based molybdenum (moly) player Thompson Creek Metals (TCM-T, TC-N). The company is bulling through a stage of…