U.S. MARKETS -April 13-19
A huge cloud of volcanic ash from Iceland that paralyzed air traffic and grounded millions of passengers, sucked some of the air out of U.S. equity markets during the April 13-19 reporting period.
News
MP McKay goes into the lion’s den
John McKay proved that he isn’t afraid to walk straight into a hornet’s nest.
Barrick allowed to mine Cortez with restrictions (April 26, 2010)
Barrick Gold (ABX-T, ABX-N) says that a U.S. District Court has ruled that mining operations can continue at its Cortez Hills mine in Lander County, Nev., while the Bureau of Land Management (BLM) com…
A golden Leprechaun for Mountain Lake and Marathon PGM
VANCOUVER — Central Newfoundland is proving to be a fertile gold region for Mountain Lake Resources (MOA-V) and Marathon PGM (MAR-T): the joint-venture partners are pulling significant lengths of gol…
Imperial rises on more long intercepts at Red Chris (April 26, 2010)
VANCOUVER — Imperial Metals’ (III-T) deep drilling program at the Red Chris copper-gold project in northwest British Columbia continues to produce long mineralized intercepts below and beside the pla…
Colossus to acquire Vale ground near Serra Pelada
Colossus Minerals (CSI-T, COLUF-O) and its joint-venture partner Coomigasp, a 45,000- strong co-operative of local miners, have struck a deal with Vale (VALE-N) to acquire 7 sq. km of land adjacent to…
Gold, silver offer investment opportunity: Citigroup
In a research report entitled “Hello Precious” — analysts at Citi Investment Research and Analysis argue that the precious metal space offers “good valuation potential as well as headline commodity u…
Panoro finds partner for Antilla in Peru
VANCOUVER — In the three years since it acquired the Antilla project 140 km southwest of Cuzco, Peru, Panoro Minerals (PML-V) has defined a sizable copper-molybdenum resource at the site. Now the jun…
La belle province captures miners’ hearts
A highlight of the week was the Fraser Institute’s annual Survey of Mining Companies 2009/10, representing the views of high-level managers from around the world on the mineral endowments and public p…
Fraser Institute ranks Quebec top place for mining
The Fraser Institute’s annual survey of mining executives and managers has ranked Quebec the most attractive jurisdiction for exploration and development for the third year in a row.
SGS buys Verilab, upgrades potassium accreditation
SGS Minerals has acquired Chilebased geochemical analysts Verilab.
Nordex signs 3 year deal with URS
Nordex Explosives (NXX-V) has renewed its contract with URS Canadian Operations, the mine operator at Agrium (AGU-T, AGU-N)’s phosphate operation in Kapuskasing, Ont.