TSX moves up during the July 16-20 week
The S&P/TSX Composite Index gained for four straight sessions during the July 16-20 trading week, before dipping on July 20 to end at 11,622.91 points, up 108.38 points from where it began.
Articles by Northern Miner Staff
U.S. equities manage small gain, July 16-20
Wall Street enjoyed a three-day winning streak and ended the July 16-20 trading week in positive territory despite sobering news on Friday that Spain’s indebted region of Valencia had asked the central government for financial aid,…
Short position reports
TSX Short Positions Short positions outstanding at July 15/12 (with changes from June…
Women in Mining walking to end cancer
From Sept. 8–9 in Toronto, 10 women representing Women in Mining will participate in the Weekend to End Women’s Cancers benefiting the Princess Margaret Hospital Foundation.The weekend event is part of the “Believe It!”…
Spanish coal miners”Black March’ ends in Madrid
Spanish coal miners protested their industry’s “disappearance” at the Ministry of Industry in Madrid after a month-long, almost 500-km Marcha Negra, or “Black March.” The march was initiated on foot by 80 miners…
People
Bannerman Resources — Mason Hills retired as a director; Ian Burvill appointed a director.Brazil Resources — Victor Jamarillo appointed technical director; Paulo Espellet appointed senior geologist.Forsys Metals — Rowen…
Toronto Stock Exchange
The S&P/TSX Composite Index rallied late in the period but finished lower than where it began, shedding 145 points to 11,514.53. After a six-day losing streak the index rebounded on July 13 owing to speculation that China would stimulate…
TSX Venture Exchange
After enjoying a brief early week rally during the trading period, The S&P/TSX Venture Composite Index pared gains, closing down 2%, or 24.4 points, at 1,184.25. Uncertainty surrounding the eurozone crisis and weak jobs data in the U.S….
Avala unveils maiden 1.5M oz. gold resource in Serbia
Canadian explorer Avala Resources (AVZ-V) is making strides towards establishing a multi-million ounce, near-surface gold deposit in the historic mining region of Timok in eastern Serbia. Avala released the first of three scheduled resource…
Goldcorp sees production shortfalls at Penasquito, Red Lake
A day after Goldcorp (G-T, GG-N) cut its 2012 production guidance, the company saw its share price take a hit.In Toronto on July 11, Goldcorp shares approached a 52-week low of $32.52. They fell $3.74, or 10% to $33.89, on 6.1 million shares…
Alamos makes headway in Turkey
Alamos Gold (AGI-T) has outlined a positive mining scenario at its Turkish gold assets, Kirazli and Agi Dagi, and revealed an inferred resource for its Camyurt project, also in Turkey’s northwest. A new prefeasibility study shows…
Glencore, Xstrata merger faces investor scrutiny
A deal that would be a defining transaction in the natural resource sector is facing pointed criticism from a group of activist investors. Prominent shareholders of mega-miner Xstrata (XTA-L) are questioning the inherent value in a…