VANCOUVER — Cashed-up gold producer Aurizon Mines (AKZ-T, AZK-X) has taken a step-back from the development threshold on its Joanna gold property 20-km-east of Rouyn-Noranda, Quebec. The company made the decision following the release of…
VANCOUVER — Kivalliq Energy (KIV-V) is cashed-up and moving forward with an ambitious exploration program on its 1,000-sq.-km Angilak property in Nunavut.
A recent preliminary economic assessment (PEA) for Sabina Gold & Silver’s (SBB-T) Back River has sketched a favourable prospect, highlighting high grades and lower-than-expected start-up costs for the gold project in…
VANCOUVER — The S&P TSX Venture Composite Index swung back into the red in the May 28 to June 1 period, dropping 17.68 points to end at 1,291.59 on three days of gains and two days of losses. Volume kept in line with the week before…
Toronto Stock 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 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 …
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…
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’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…
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…
GE pursues two underground equipment makers
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