Canada

Women in Mining during last year's Weekend to End Women's Cancers: Agnico-Eagle Mines senior geologist Jane Werniuk (centre) and Investors Group financial advisor Cathy Fletcher (right), with Gina Pace. Photo by Weekend to End Women's Cancers

Women in Mining walking to end cancer

From Sept. 8–9 in Toronto, 10 women representing Women in Mining will participate in the Weekend to End Women’s Cancers benefiting the Princess Margaret Hospital Foundation.The weekend event is part of the “Believe It!”…


People

Bannerman Resources — Mason Hills retired as a director; Ian Burvill appointed  a director.Brazil Resources — Victor Jamarillo appointed technical director; Paulo Espellet appointed senior geologist.Forsys Metals — Rowen…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 16 July 13 July 12 July 11 July 10   US$ in C 1.0157 1.0151 1.0214 1.0195 1.0203  …


The surface facilities at Goldcorp's Red Lake gold mine in northwestern Ontario. Photo by Goldcorp

Goldcorp sees production shortfalls at Penasquito, Red Lake

A day after Goldcorp (G-T, GG-N) cut its 2012 production guidance, the company saw its share price take a hit.In Toronto on July 11, Goldcorp shares approached a 52-week low of $32.52. They fell $3.74, or 10% to $33.89, on 6.1 million shares…


Editorial: A world o’ hurt

Life is full of ebbs and flows, expansions and contractions, and the mining industry is part of that cyclical stream. Right now Canada’s intrepid mining industry and its breathtaking, optimism-fuelled expansion into most of the…


BCSC questions Barkerville’s mega resource

The British ­Columbia Securities Commission has raised concerns about a 10.6-million-oz. gold resource estimate that Barkerville Gold Mines (BGM-V) released on June 28.The concerns, based on a draft technical report supplied to the BCSC,…


Toronto Stock Exchange

The S&P/TSX Composite Index rallied late in the period but finished lower than where it began, shedding 145 points to 11,514.53. After a six-day losing streak the index rebounded on July 13 owing to speculation that China would stimulate…


TSX Venture Exchange

After enjoying a brief early week rally during the trading period, The S&P/TSX Venture Composite Index pared gains, closing down 2%, or 24.4 points, at 1,184.25. Uncertainty surrounding the eurozone crisis and weak jobs data in the U.S….


[Update] AuRico cuts 2012 production guidance

AuRico Gold (AUQ-T, AUQ-N) has revised its 2012 production guidance after a high turnover of workers at its Ocampo gold-silver mine in Mexico dragged down output in the second quarter.


Mega Precious looks to go big

Mega Precious Metals (MGP-V) could be the most aptly named gold company on the junior circuit. With assets in Manitoba and Ontario, the company’s well-heeled management team thinks bigger is better when it comes to mining. The philosophy…




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