TORONTO STOCK EXCHANGE -March 30 -April 5
The TSX composite index continued to show strength as it gained roughly 150 points over the March 30-April 5 period, finishing at 12,188.42 points.
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TSX VENTURE EXCHANGE -March 30 -April 5
Two strong trading days surrounding the Easter long weekend helped lift the S&P/TSX Venture composite index 59.23 points over the March 30-April 5 trading week. The board closed the period at 1631…
U.S. MARKETS -March 30 -Aril 5
Stock markets in the United States inched upwards over the March 31-April 5 trading period. The Dow Jones industrial average rose 0.4%, or 44.59 points, to close at 10,952.01 points, while the S&P…
US Gold’s new El Gallo silver discovery in Mexico
SITE VISIT EL GALLO, MEXICO — US Gold (UXG-T, UXG-X) is wasting neither time nor money advancing its El Gallo high-grade silver project in Sinaloa state’s Magistral district.The company, which is 21%- owned by chairman and CEO Rob McEwen,…
25 dead at Massey coal mine in W. Va.
The worst U.S. mine disaster in more than two decades has left 25 coal miners dead at Massey Energy’s (MEE-N) Upper Big Branch mine in Montcoal, W. Va.
Ivanhoe to develop gold producer in Central Asia
Robert Friedland, executive chairman of Ivanhoe Mines (IVN-T, IVN-N, IVN-Q), is channeling his energy into developing a pure gold company in the former Soviet republic of Kazakhstan, and says he is in…
Wardrop, its clients raise funds for Mining Matters
Sentimentality can run strong in the mining industry, where some mines can employ several generations of a family.
Gammon lawsuit to proceed
An Ontario court has certified an $80-million class-action lawsuit launched against Gammon Gold (GAM-T, GRS-N) and three financial institutions, but has ruled out certain parties’ from the class actio…
PEOPLE (April 12, 2010)
CanAlaska Uranium — Joseph Bowes resigned as CFO; Ram Ramachandran appointed CFO.
SPOT PRICES (April 12, 2010)
COURTESY OF SCOTIABANK
Agnico bids for Comaplex
Agnico-Eagle Mines’s (AEM-T, AEM-N) latest takeover offer shows the company is keeping a steady eye on future growth even as it continues putting mines into production.
$1-B lawsuit against TSX, Copper Mesa could last years
Copper Mesa Mining, two of its directors and the Toronto Stock Exchange have asked an Ontario Superior Court judge to dismiss a $1- billion human rights lawsuit filed by three people from the village …