Market news (June 13, 2011)
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People (June 13, 2011)
Alamos Gold – Jon Morda retired as CFO; James Porter appointed CFO; Greg Fisher appointed VP of finance.
Letter to the editor: Poor manners
As a subscriber I take issue with one item on the Kaminak Gold story (TNM, May 2-8, 2011) with no claimant for the article, the excellent photo and damn poor manners from there.
Peruvian mining stocks plunge after leftist Humala wins presidency
Peruvian-focused mining stocks took a nosedive this June after left-wing populist candidate Ollanta Humala narrowly won Peru’s presidential electoral run-off held on June 5. With 99% of the ballots counted, Humala captured 51.5% of the…
Facts ‘n’ figures: Gold demand healthy in Q1
The following is an edited excerpt from The World Gold Council’s summary of its report, Gold Demand Trends Q1 2011. The full report can be found at www.gold.org.
Commentary: The game is changing for global miners
When the world asks mining companies to jump, they say how high. Thanks to ever-growing emerging market demand and steadily rising commodity prices, the financial prowess of the world’s largest mining companies seems to know no bounds.
Editorial: Humula win unsettles miners
It was one of those weeks when miners check the political sections of their newspapers and websites before the business news.
Capstone adds copper resources at Minto (June 13, 2011)
Capstone Mining (CS-T) has bulked up measured and indicated resources by 219 million lbs. at its wholly owned Minto copper-gold mine in the Yukon. The miner also combined two deposits at the project, which were once thought separate, into what…
New lithium junior gets ready to explore (June 13, 2011)
Newly listed International Lithium (ILC-V) spent two years cherry-picking projects, securing a strategic partner and fulfilling requirements for a plan of arrangement. Now, the company is ready to get the drills turning on its lithium and rare…
Pretium plans Brucejack mine
Pretium Resources (PVG-T) has completed a preliminary economic assessment of its Brucejack gold-silver project in northern British Columbia, a little more than six months after acquiring the project and listing on the Toronto Stock…
Osisko’s Malartic tale of guts and glory (June 13, 2011)
When pressed about some of the many challenges he faced developing the Malartic gold deposit in Quebec into a commercial mine during one of the toughest economic times this century, Sean Roosen admits sleep deprivation was one of them.
Riverstone drilling enriches its Karma
Vancouver – The latest drill results from Riverstone Resources’ (RVS-V) Karma project look to be pushing known mineralization further south on the Gouglagou I zone and deeper on the Gouglagou II zone.