Inmet Mining’s (IMN-T) shares climbed after two announcements on Nov. 28 indicated the miner has turned down a second takeover bid from First Quantum Minerals (FM-T) and adopted a shareholder rights plan to provide more time to…
Lima-based gold miner Minera IRL (IRL-T, MIRL-L) has completed a definitive feasibility study on its wholly owned Ollachea gold project in southeastern Peru that shows strong potential for a robust underground mine that could produce 113,000…
Drill results from Pilot Gold’s (PLG-T) early stage joint-venture project with a Turkish subsidiary of Teck Resources (TCK.A-T, TCK.B-T, TCK-N) sent the junior explorer’s shares up 3.4% to $1.87 with 1.8 million…
Richmont Mines (RIC-T, RIC-X) has found itself in a tough spot, with its shares sinking to a new 52-week low, after taking the Francoeur gold mine offline and scrapping its exploration efforts on the Wasamac gold property, both near…
Controlling a district rich with volcanic massive sulphides (VMS) has its advantages.
VANCOUVER — The S&P TSX Venture Composite Index fell 38.1 points, or 3%, during the Nov. 26-30 trading sessions before closing the week at 1,220.90 points. Global economic news continues to be mixed, with ongoing negotiations over the…
Investors remained cautious about the outlook for negotiations to avoid the “fiscal cliff” in the United States, but a strong earnings season for Canadian banks helped lift the S&P/TSX Composite Index 26.12 points or 0.21% to…
During the Nov.26-30 trading week investors paid close attention to U.S. lawmakers negotiating a budget deal to avoid the approaching “fiscal cliff” or automatic tax hikes and government spending cuts set to start on Jan. 1, 2013….
Spot pricesCourtesy of ScotiabankTuesday, November 27, 2012Precious MetalsPrice…
U.S. stock markets were closed for the Thanksgiving holiday on Nov. 22, and many Americans marked the occasion with a shopping spree. According to the National Retail Federation, 89 million Americans shopped online and in stores on Black…
The TSX Venture Exchange made a modest gain of 12 points to 1,258.97 points for the period as global markets shrugged off their past selling ways and embraced a more positive outlook on the state of the world.
The Toronto stock market gained during the trading week as investors looked forward to a positive U.S. holiday retail season and good news coming out of Europe regarding Greece’s bailout plan.
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