U. S. MARKETS APR. 29-MAY 5
Stock markets in the U. S. advanced during the April 29 -May 5 trading session. The Dow Jones Industrial Average climbed 98 points, or 0.8%, to 12970; the Standard & Poor’s 500 index rose 11 point…
News
Aurizon teams with Radisson to study O’Brien revival
Aurizon Mines (ARZ-T, AZK-X) is considering a joint venture with Radisson Mining Resources (RDS-V) for the O’Brien-Kewagama property, home to the past-producing high-grade O’Brien gold mine, in the Ab…
High-grade gold at Rubicon’s Phoenix
The Phoenix gold project’s new F2 zone in Ontario’s Red Lake camp is yielding more high-grade gold intercepts for Rubicon Minerals ( RMX-T, RBY-X)
San Agustin shows potential for Geologix
VANCOUVER–Finally finished with drilling limited by an option agreement, Geologix Explorations (GIX-V) started expansion drilling at the San Agustin polymetallic project in Durango, Mexico, and was i…
Goldsource sourcing the coal
Goldsource Mines (GXS-V) might have gold in its name, and it might be looking for Canadian diamonds, but it’s a coal seam intersect that has propelled the company’s shares to new heights.
Copper drives Teck Cominco’s Q1 earnings
VANCOUVER — A higher Canadian dollar and lower coal and zinc prices trimmed the net earnings of Teck Cominco (TCK. B-T, TCK-N) in the first quarter of 2008, despite improved copper prices and the str…
Ur-Energy study finds potential at Lost Creek
A preliminary economic assessment on Ur-Energy’s (URE-T, UREGF-O) Lost Creek uranium deposit in Sweetwater Cty., Wyo., found that the project would be economic at uranium prices above US$40 per lb.
Schulich hikes Starfield stake (May 12, 2008)
Famed mining entrepreneur Seymour Schulich has increased his holdings in Starfield Resources (SRU-T, SRFDF-O).
Crowflight prepares to take off at Bucko Lake (May 12, 2008)
If everything goes according to plan, Crowflight Minerals (CML-V, CMLGF-O) could begin production at its Bucko Lake nickel project, in Manitoba, toward the end of the summer, says Greg Collins, vice-p…
TSX SHORT POSITIONS (May 12, 2008)
Short positions outstanding at Apr. 30/08 (with changes from Apr. 15/08). Largest Short Positions Yamana Gold YRI 29175691 3056885 Equinox Min EQN 25908975 7579497 Lundin Mining LU…
TSX VENTURE SHORT POSITIONS (May 12, 2008)
Short positions outstanding at Apr. 30/08 (with changes from Apr. 15/08). Largest Short Positions Peak Gold PIK 4256400 -1430500 Copper Creek CPV 2405000 2405000 Westernzagros W…
NORTH AMERICAN STOCK EXCHANGE INDICES (May 12, 2008)
52-week Date May 5 May 2 May 1 April 30 April 29 High Low S&P/TSX-Ven Comp 2493.76 2495.51 2463.91 2455.06 2432.89 3372.00 2340.21 TSX Composite 14274.34 14280.28 14065.81 13…