Duluth Metals puts puzzle together with Franconia acquisition
Vancouver – In a significant land consolidation, Duluth Metals (DM-T) has reached an agreement to acquire Franconia Minerals (FRA-T) in a $77 million deal.
News
Positive feasibility for Canada Lithium
Vancouver – Canada’s most advanced lithium project took a big step closer to production on mid-December when Canada Lithium (CLQ-T) produced a positive feasibility study for its Quebec Lithium project near Val d’Or.
Good early results for Eaglecrest
Eaglecrest Explorations (EEL-V) turned in some promising results from a first-pass sampling program at its Fredonia project in Colombia. The highlight assay graded 8.25 grams per tonne gold and 47.5 grams per tonne silver and came from an…
Avanti Mining boosts Kitsault’s NPV (December 20, 2010)
A better long-term outlook for molybdenum prices and a nearly US$200 million decrease in initial and sustaining capital has improved the net present value of Avanti Mining’s (AVT-V) Kitsault project by about US$250 million, boosting it to…
Monument makes it happen in Malaysia
SITE VISIT KUALA LIPIS, MALAYSIA — True believers will persevere in the face of adversity. When the believers are mine builders, the recession of 2008-09 was the picture of adversity…
Roughrider East delivers for Hathor
Now that all assay results have been received from its summer drill program on the Midwest Northeast uranium property in Saskatchewan’s Athabasca basin, Hathor Exploration (HAT-V) believes the Roughri…
TNM Mining Persons of the Year: Ryan, Wood renew Yukon gold rush
Fourteen years ago Shawn Ryan and Cathy Wood were tromping around British Columbia, picking wild mushrooms. They loved the lifestyle, in large part because of its gold rush-style mentality: “You’d hav…
TORONTO STOCK EXCHANGE -December 6-10
The TSX composite index was up 60.52 points to finish the Dec. 6-10 period at 13,239.47, marking the second consecutive weekly gain as both Canada and the U.S. posted better-than-expected trade data.
TSX VENTURE EXCHANGE -December 6-10
The Dec. 6-10 period saw the S&P TSX Venture composite index end up 14.37 points at 2124.30. Volume was in line with recent weeks, averaging 175 million shares traded daily. The bears-to-bulls rat…
U.S. MARKETS -December 6-10
The Dow Jones industrial average inched up 28.23 points to close the week at 11,410.32, while the S&P 500 rose 15.6 points to 1,240.40. The Nasdaq advanced 46.08 points to finish at 2,637.54. The …
PEOPLE (December 20, 2010)
Anglo Swiss Resources — David Constable appointed a director.
SPOT PRICES (December 20, 2010)
COURTE SY OF SCOTIABANK