TSX Venture Exchange – June 2-8
The S&P/TSX Venture composite index held fairly steady during the June 2-8 reporting period. Opening at 1,131.82 points and closing at 1,140.55, it posted a small loss of 8.73 points. In recent we…
News
Trevali, Glencore Sign MOU
VANCOUVER– Trevali Resources (TV-C, TREVF-O) has attracted the interest of metals giant Glencore International to its Santander silver- lead-zinc project in Peru.
Underworld Hits Longest Gold Intercepts Yet
VANCOUVER — A trio of strong drill results from the White Gold property in the Yukon propelled Underworld Resources’ (UW-V, UNDWF-O) share price up 34% or 36¢ to $1.41.
Creston And Tenajon Join Forces
VANCOUVER — A proposed merger of Creston Moly (CMS-V) and Tenajon Resources (TJS-V, TJSAF-O) is set to create a molybdenum development company with a strong pipeline of projects.
Rio Tinto Scraps Chinalco Deal For Iron Ore JV With BHP
Rio Tinto (RTP-N, RIO-L) shares surged 10.3% on the London Stock Exchange and 6.2% on the New York Stock Exchange on June 5 after the mining giant declared it was walking away from a deal with Chinese…
Ventana Gains On La Bodega Results
VANCOUVER — Another long, high-grade gold hit from the La Bodega project in northeastern Colombia propelled Ventana Gold’s (VEN-T, VENGF-O) share price to a new all-time high, gaining $1.22 to hit $3…
AngloGold Ashanti Posts Strong Earnings
Higher spot gold prices, a lower hedge discount and weaker local operating currencies all contributed to strong first-quarter results for AngloGold Ashanti (AU-N, AGD-L).
Athabasca Potash Ups Burr Resource
Athabasca Potash (API-T, ABHPF-O) has reported a significant boost to resources at its Burr project in Saskatchewan.
Eldorado Scoops Up 20% Stake In Sino Gold
Eldorado Gold (ELD-T, EGO-X) plans to buy a 19.9% stake in China-focused Sino Gold Mining (SIOGF-O, SGX-A) in an all-share transaction with Gold Fields (GFI-J, GFI-N) valued at US$282 million.
Baja Mining Gets ICA Fluor For Boleo
Vancouver-based Baja Mining (BAJ-T, BAJFF-O) has hired ICA Fluor as the engineering, procurement and construction management (EPCM) firm for the first phase of construction at its Boleo copper-cobalt-…
Big Iron’s Gamesmanship
The tectonic shift in the iron ore business dominated headlines during the 22nd trading week of the year, as Rio Tinto ripped up its US$19.5-billion proposed financing with Chinalco and struck a new d…
SGS’s Chris Fleming Receives MetSoc’s 2009 Airey Award
Chris Fleming, a senior metallurgical consultant for laboratory SGS, has been awarded the 2009 Airey award by the Metallurgical Society, a division of the Canadian Institute of Mining, Metallurgy and …