2012


Exchange Rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date May 7 May 4 May 3 May 2 May 1   US$ in C 0.9953 0.9956 0.9968 0.9891 0.9839  …


Revamped Virgin Metals improving Los Verdes

VANCOUVER — Back in 2008 Virgin Metals (VGM-V) was banking big on the high molybdenum price, marketing its advanced Los Verdes deposit in Mexico’s Sonora State as an exciting moly play and trying to rush it towards production.


Talison celebrates best Q3 ever

Cash-rich Talison Lithium (TLH-T) has booked record third-quarter sales volume, revenue and net income from its high-grade Greenbushes operation in southwestern Australia sending its shares higher.


Syncrude keeps on rolling

The Syncrude mine may not have been the first major oil operation in the Athabasca Oil Sands, but it was the second and it still stands as one of the region’s dominant oilsand projects.


Osisko misses the spot

Osisko Mining (OSK-T) had a rough start as it kicked off its first full year at the Malartic gold operation near Val d’Or, Que., with operational setbacks impacting first-quarter performance, coupled by a temporary shutdown of the…


Redhawk Resources adds tonnes at Copper Creek

VANCOUVER — Redhawk Resources (RDK-V) has seen a more than 175% increase in the total resource at its Copper Creek copper-molybdenum-silver project in Arizona with a new estimate.


Aurizon lifts Q1 profits

Aurizon Mines (ARZ-T, AZK-X) boosts its first-quarter profit by 238% as it maintained production levels and benefited from higher gold prices. 



Will cost inflation challenge supply growth?

Capex costs in the copper mining industry rose 33% on average in the fourth quarter of last year leaving in their wake “no shortage of examples of cost blow outs this year,” Barclay’s commodities research team pens in a new…



B.C. pipeline debates rage on

VANCOUVER — The scale of the west coast pipelines debate is hard to understate. Current and former politicians from all levels of government have come out swinging for and against; lobbyists, First Nations and non-government groups have…


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