U.S. MARKETS -June 21-25
British economist John Maynard Keynes’ adage that “markets can remain irrational a lot longer than you and I can remain solvent,” was borne out in U.S. equities trading during the week of June 21-25. …
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TSX VENTURE EXCHANGE -June 21-25
The TSX Venture Exchange slipped nearly 2% over the June 21-25 trading period, down 29.46 points, to close at 1,458.72.
TORONTO STOCK EXCHANGE -June 21-25
The TSX composite index finished the June 21-25 period lower just as the riots around the G20 meetings were getting set to unfold in the streets of Toronto. The weekend meeting ended with leaders agre…
Caterpillar’s new line of mining shovels, trucks
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Financing the future of exploration
The following is an edited and condensed version of a presentation given by incoming Prospectors and Developers Association of Canada (PDAC) president, Scott Jobin-Bevans to the Association of Mining …
Rudd’s fall stokes miners’ optimism
The swift and surprising ouster of controversial Australian Prime Minister Kevin Rudd brought with it new hopes for miners that the dreaded Resource Super Profits Tax (RSPT) proposal in Australia can …
Centamin’s Sukari tops 14M oz. gold
Over the last several years, Centamin Egypt (CEE-T, CEY-L) says it has clocked an average discovery rate of about 500,000 oz. gold per quarter — not bad for a company focused entirely on Egypt, a cou…
Olympus raises US$21.9M for gold plant
Southeast Asian gold producer Olympus Pacific Minerals (OYM-T, OYM-A, OLYMF-O) has become one of the first companies to develop and present a syndicated gold loan offering through a brokerage firm.
Guatemala to suspend Goldcorp’s Marlin
The Guatemalan government has announced plans to suspend mining at Goldcorp’s (G-T, GG-N) contentious Marlin gold mine over concerns the mine may be contaminating the local water supply. But it appear…
Where should investors spend, if not gold?
If you ask economist William Gamble which metals he believes have the most upside over the next two years his answer is an unequivocal “None whatsoever.”
Landmark hearing for Pacific Rim at World Bank arbitration centre
Pacific Rim Mining (PMU-T, PMU-X) wants its money back: all US$77 million of it. The Vancouver-based mining company is embroiled in a dispute with the government of El Salvador over the country’s fail…
Site visit: Anfield believes in Guatemalan nickel
EL ESTOR, GUATEMALA — “Our business plan is very simple — we want to do what we did with Lumina,” says David Strang, chairman of Anfield Nickel (ANF-V).It sounds easy, just repeating something that you already managed once.The reality is…