Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 4 June 1 May 31 May 30 May 29 US$ in C 1.0418 1.0380 1.0349 1.0286 1.0253 …
United States
Corvus hits more high grade at new Bullfrog target
The latest drill hole from the Yellow Jacket target at Corvus Gold’s (KOR-T) North Bullfrog gold-silver project in southern Nevada has returned more evidence of a high-grade feeder zone.The standout interval in hole 12-138 was 5 metres…
U.S. Silver and RX Gold and Silver to merge
VANCOUVER — United States-focused junior precious metal producers U.S. Silver (USA-T) and RX Gold and Silver (RXE-V) have agreed to merge in an all-share deal to create a new company called U.S. Gold and Silver.
Market News
Toronto Stock Exchange
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,…
U.S Markets
Volatility remains the buzzword following a roller-coaster ride of a week on Wall Street that saw indexes plunge to multi-month lows before rebounding to modest weekly gains. The Dow Jones Industrial Average fell to 12,315.95 before making a…
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 …
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…
Mineral Mountain enters deal with Holy Terror in Homestake belt
VANCOUVER — Mineral Mountain Resources (MMV-V) is betting that the legendary Homestake gold belt still has some life left in it.
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…
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