U.S. Markets – OCTOBER 13-19
The Dow Jones Industrial Average rose 221.13 points or 2.2% to close the Oct. 13-19 reporting period at 10,092.19, while the S&P 500 climbed 24.72 points or 2.3% to 1,097.91. The Nasdaq increased …
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Toronto Stock Exchange – OCTOBER 13-19
The TSX Composite Index held steady over the Oct. 13-19 trading period, gaining 101.47 points to finish at 11,538.390.
TSX Venture Exchange – OCTOBER 13-19
Investors remained active and optimistic over the period of Oct. 13-19, pushing the S&P-TSX Venture Composite Index higher four of five days to close the period up 31.42 points at 1338.77. Daily t…
Tyhee Makes Up For Lost Time At Yellowknife
SITE VISIT YELLOWKNIFE, N. W. T. — In retrospect, the president and CEO of Tyhee Development (TDC-V, TYHJF-O), Dave Webb, says it was a mistake. Acting on the advice of a financial adviser, a few months before the markets had completely…
Fire River Takes A Run At Nixon Fork
SITE VISIT MCGRATH, ALASKA — The camp at the Nixon Fork gold mine sleeps 85 but the beds have been empty for two years now.Our group of about 15 has an endless selection of identical little rooms to choose from, each outfitted with a…
Constantine Advances Alaskan Discovery
SITE VISIT HAINES, ALASKA — In a normal market, the first 2008 drill results out of the Palmer project in Alaska would have been big news. Following up on a 2007 discovery hole that hit 24 metres of volcanogenic massive sulphides (VMS) in…
Sabina Silver Hits Hackett River Extensions
VANCOUVER — Drilling to expand the Hackett River polymetallic deposit in Nunavut and test new zones is returning solid intercepts for owner Sabina Silver (SBB-V, SBBFF).Sabina updated the resource at Hackett River in April, boosting its…
Pan American Makes Friendly Move On Aquiline
Pan American Silver (PAA-T, PAAS-Q) is looking to acquire Aquiline Resources (AQI-T, AQLNF-O) and its large Navidad silver project via a friendly all-share takeover.
Xstrata Kills Bid For Anglo American
Four months after launching an informal bid for the venerable miner Anglo American (AAL-L, AAUKY-Q), diversified mining giant Xstrata (XTA-L, XSRAF-O) announced in mid- October that it has no intentio…
Canadian Royalties Surrenders
The dream of building a nickel-copper- platinum group metals mine in Northern Quebec is over for Glenn Mullan, Canadian Royalties’ (CZZ-T, CRYAF-O) chairman, CEO and major shareholder, who’s been work…
For Terrane And Goldcorp, It’s Crunch Time At Mt. Milligan
VANCOUVER — The question on many analysts’ minds during a Terrane Metals (TRX-V, TRXOF-O) conference call addressing a revamped feasibility study of the company’s Mt. Milligan copper-gold project in …
Winter Closure At Diavik Cancelled
Improving market conditions and rising diamond prices mean that a planned six-week winter shutdown of the Diavik mine, in Canada’s Northwest Territories, has been called off.