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 …
Canada
Advanced Explorations drops on feasibility study
Shares of Advanced Explorations (AXI-V) plunged 37% following the results of its feasibility study on the Roche Bay iron project on the Melville Peninsula in Nunavut.
Harry Winston, Rio revise Diavik plan
Harry Winston (HW-T, HWD-N) has released a much-anticipated mine plan update for its joint-venture Diavik diamond operation 300 km northeast of Yellowknife, N.W.T.
Letter to the editor: Weak leadership in Quebec government
Regarding last week’s editorial, “Ooh la la: is Plan Nord becoming Plan Non?”, the underlying issue with Plan Nord is that from a good idea the Charest government has totally misled not just Quebecers and Canadians but many…
Plus a change: a trip down memory lane with Frank Callaghan’s International Wayside at Cariboo
With all the hullabaloo swirling around Barkerville Gold Mines (BGM-V) and the hilarious new resource estimate for its Cow Mountain gold deposit in central B.C. that has led to a stock trading halt by the B.C. Securities Commission (T.N.M.,…
Forecast a bit cloudier for major potash developers
VANCOUVER — Rising costs and inconsistent downstream demand have taken a toll on potash and fertilizer producers during the first half of 2012, with volatile global markets now impacting the strategies of several mega miners in…
Selwyn outlines more resources in Nova Scotia to help fund Yukon projects
Rather than fuss with fickle equity and debt markets Selwyn Resources (SWN-V) wants to raise some of the cash it needs from its own assets.
Sandstorm looks to raise $150M for gold streams
VANCOUVER — Sandstorm Gold (SSL-T) is looking to raise $150 million so it can potentially add to its precious metal streams.
Harry Winston revises life-of-mine plan at Diavik
VANCOUVER — Canadian diamond miner Harry Winston (HW-T, HWD-N) has released a much-anticipated mine plan update for its joint-venture Diavik diamond operation 300 km northeast of Yellowknife, Northwest Territories. Harry Winston owns…
High-grade gold results lift Atac
Shares of Atac Resources (ATC-V) climbed nearly 10% after the prominent Yukon explorer released more results from its wholly-owned Rackla gold project, 55 km northeast of Keno City.
Update: Drilling at Martiniere boosts Balmoral
Shares of Balmoral Resources (BAR-V, BALMF-O) surged nearly 40% in the three trading days after the junior explorer reported results on Aug. 16 from its summer drill program at its flagship Martiniere property in Quebec.
Toronto Stock Exchange
The S&P/TSX Composite Index was up 127 points to 11,841.98 during the holiday-shortened period after beginning the period on a tear as it caught up to U.S. markets.The run was based on the notion that central banks were prepared to do…