Toronto Stock Exchange – Feb. 17-23
Failing to find reasons for optimism in a sagging global economy, investors drove the S&P/TSX composite index down over the Feb. 17-23 reporting period to levels it hasn’t seen in five years. The …
News
U. S. Markets – Feb. 17-23
Broad U. S. equity indices fell heavily during the Feb. 17-23 reporting period. The Dow Jones Industrial Average was down 736 points or 9.4% to 7,115, and the S&P 500 index lost 84 points or 10.1%…
Ivernia To Resume Lead Shipments After Bird Deaths
Having established a safe shipping method, the government of Western Australia has approved a plan by Ivernia (IVW-T, IVWFF-O) to resume the shipment of stockpiled lead concentrate from the port of Es…
Queenston Refuels With $18M Financing
Queenston Mining (QMI-T, QNMNF-O) has big spending plans for the Kirkland Lake gold camp, in northwestern Ontario, where it’s developing four gold deposits.
Riverside Takes Novel Approach To Exploration
SITE VISIT PENOLES, MEXICO–Other companies missed it, but not Miguel Heredia. He has strong geological legs. Riverside Resources’ (RRI-V, RVSDF-O)Mexico exploration manager strides up the…
Eritrea’s Potential Sees Canadian Miners Through Turbulence
Eritrea usually finds itself in the Western media’s headlines for its dispute with neighbouring Ethiopia over the border that divides the two countries.
People (March 02, 2009)
Alamos Gold — Herve Thiboutot appointed VP of exploration; Ken Balleweg has stepped down as VP of exploration but will remain exploration manager.
Commentary: What You’re Owed If You Get Laid Off
A tough economy usually translates into employee layoffs and dismissals as employers tighten their belts to survive the leaner times. Employees have to face this harsh reality, but they should also kn…
Editorial: De Beers’ US$500M Bailout
The seventh trading week of 2009 closed out with news of profound cash-flow problems at the iconic diamond miner De Beers, underscoring the global collapse in demand for luxury goods such as diamonds.
Chesapeake Mulls Options At Metates
VANCOUVER — Armed with long mineralized intercepts and a new metallurgical plan for a big gold-silver deposit in Mexico, Chesapeake Gold (CKG-V) is pushing ahead with exploration and development plan…
Pacific North West Buys Nixon Fork Gold Mine
While many cash-poor resource companies are experiencing considerable pain in the current bear market, their well-funded brethren are using these conditions as an opportunity to acquire assets.
Meliadine Gets Scoping Study Go-Ahead
VANCOUVER — After 20 years of work in Canada’s North, Comaplex Minerals (CMF-T, CXMLF-O) has a positive scoping study in hand for a combined open-pit/underground operation at its Meliadine gold proje…