Bank of Canada drops overnight rate to 1%
The Bank of Canada today lowered its overnight rate target by half a percentage point to an all-time record low of …
Canada
Ring of Fire strong in silver and zinc too
Since 2007 when Noront Resources (NOT-V) discovered a high-grade nickel-copper-platinum-palladium deposit in the Ja…
More gold for Osisko
With a feasibility study and a 6.3 million oz. reserve already done on its main orebody Osisko Mining (OSK-T) wants…
Regent takes reins at Barrick
It is not every day that the world’s largest gold company changes leaders at the helm, but such a rare day occurr…
Woodjam Shaping Up For Fjordland And Cariboo
VANCOUVER — Drill intercepts showing long intervals with consistent grades of copper, molybdenum and gold on the Woodjam property, 50 km east of Williams Lake, B. C., buoyed the share prices of 60/40…
Selkirk Sees Solid Results At Ruddock Creek
Underground drilling in the E zone at the Ruddock Creek property, 100 km northwest of Revelstoke in southeastern British Columbia, is yielding some solid zinc intercepts for Selkirk Metals (SLK-V, SKR…
Moon Dust And Hairy Rocks
The Royal Ontario Museum (ROM) in Toronto has opened the doors to its Earth’s Treasures exhibit located in the Teck Suite of Galleries, sponsored by Teck (TCK. B-T, TCK-N).
Polaris Closes $25M Financing
VANCOUVER — Quarry operator Polaris Minerals (PLS-T, POLMF-O) will eliminate a $20-million bridge loan and add about $5 million to its treasury with a bought-deal financing that closed in January, th…
Sprott’s Moly Fund Is Done
Falling molybdenum prices have ended the Sprott Molybdenum Participation Corp. (MLY-T) fund.
Adanac Avoids ‘Fire-Sale’ For Now
VANCOUVER — With more than US$80 million owed on a bridge loan maturing Jan. 31, and about $100 million committed to construction of its Ruby Creek molybdenum project, but only $16 million in the ban…
Avalon Gets Top Drill Grades From Lake Zone
Avalon Ventures (AVL-T, AVVTF-O) set out to define the eastern, southern and western margins of the Lake zone at its Thor Lake rare metals project near Yellowknife, N. W. T. But encouraging drill resu…
Updated Scoping Study Beefs Up Canarc’s New Polaris
Work on a preliminary assessment for the New Polaris gold project, in northwestern B. C., has yielded improved economics for owner Canarc Resource (CCM-T, CRCUF-O).