Canada


Updated: Barkerville climbs 50% on 10.6-million-oz. resource

VANCOUVER — Barkerville Gold Mines’ (BGM-V) share price has climbed more than 50% since the company put out a 10.6-million-oz.-gold resource estimate for its Cow Mountain deposit, but questions remain as to the accuracy of the estimate….


Baja Mining clings to life

Nearly two months after Baja Mining (BAJ-T, BAJFF-O) initially disclosed cost overruns of US$246 million at its Boleo copper-cobalt-zinc project in Baja California Sur, Mexico, one of the company’s largest shareholders, Louis Dreyfus…


More about cost overruns on capital development

I am an advocate of change for the better, as well as the preservation of those things that work well, but there seems to be a lack of good balance between the two these days when it comes to project development in mining. It seems to me that…



TSX venture exchange

The S&P/TSX Venture Composite Index sunk to a new low, dropping 45 points to close at 1,206.03. The closing position puts the index at a new 52-week low, and at its lowest level since September 2009. With no spikes in volume during the week…



Short position reports

TSX Short Positions         Short positions outstanding at June 15/12 (with changes from May 31/12).      Largest Short Positions         Security Ticker Total Short Change New Gold NGD 40853651 805488…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 25 June 22 June 21 June 20 June 19   US$ in C 1.0303 1.0260 1.0251 1.0194 1.0178  …


Photo by Capstone Mining

Capstone unveils Minto expansion plan

A lot has changed since Vancouver-based Capstone Mining (CS-T) kick-started production at its Minto open-pit copper mine, 240 km north of Whitehorse, Yukon, in 2007. At the time the mine had an eight-year life and a throughput rate of 1,600…


The Haileybury School of Mines campus today at Northern College. Photo by Haileybury School of Mines

Haileybury School of Mines celebrates centenary

More than 200 alumni, faculty and friends gathered for a June weekend to celebrate the one-hundredth anniversary of the Haileybury School of Mines (HSM), including luminaries such as Mining Technologies International president and CEO Bob…


GTA Resources vice-president of exploration Robert Duess inspects a sample from the Caly vein at the Northshore gold project in Ontario. Photo by GTA Resources

GTA gets the grade north of Superior

GTA Resources (GTA-V) caught the market’s attention in one fell swoop earlier this year with drill results from its aptly named Northshore gold project on the north shore of Lake Superior.The intercept spanned 150 metres grading 3.21…


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