U.S. Markets – June 16-22
While there is some evidence that the U. S. economy’s rate of deterioration may be slowing and multibillionaire financier George Soros boldly declared on Father’s Day that the worst of the crisis “is …
News
Toronto Stock Exchange – June 16-22
The TSX retreated during the June 16-22 reporting period, with the S&P/TSX composite index down 561 points, or 5.4%, to 9,834. The Capped Metals and Mining index fell harder, losing 62 points, or …
TSX Venture Exchange – June 16-22
The S&P/TSX Venture composite index followed other stock markets around the world over the week of June 16-22, sliding backwards and losing some of the optimistic gains of recent months. The Ventu…
Andean Advances Cerro Negro
SITE VISIT PERITO MORENO, SANTA CRUZ, ARGENTINA — The name Andean Resources (AND-T, AND-A) conjures images of snow-peaked mountains, but in reality, Cerro Negro, Andean’s advanced gold-silver exploration project, rises…
Semafo Raising $40.5M
West-Africa focused Semafo (SMF-T, SEMFF-O) plans to raise $40.5 million through a bought-deal financing, the company reports.
Mongolian Government Suspends Centerra Mining Licence
VANCOUVER– As Centerra Gold’s (CG-T, CAGDF-O) headache in Kyrgyzstan dissipates, a fresh one is building in Mongolia.
PEOPLE (June 29, 2009)
Alcoa — Elizabeth Besen resigned as director of investor relations; Matthew Garth appointed director of investor relations.
Mercury Issue Closes Yukon-Nevada Roaster Again
Yukon-Nevada Gold (YNG-T, YNGFF-O) has shut down a portion of its Jerritt Canyon mine operation in Nevada yet again.
Great Basin Advances Hollister And Burnstone
VANCOUVER– Trial mining and underground drilling at Great Basin Gold’s (GBG-T, GBG-X) Hollister project in Nevada have increased the gold resource there while the company works to finalize a US$129-m…
LME Warehouse Levels (June 29, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 23, 2009 (change from June 16 in brackets):
Emba Derho Scoping Study Lifts Sunridge
VANCOUVER — As Sunridge Gold (SGC-V, SGCNF-O) announces a positive scoping study for its Emba Derho copper-zinc project near Asmara, the capital of Eritrea, the company’s executive vice-president Don…
Spot Prices (June 29, 2009)
COURTESY OF SCOTIABANK