Alcoa loses US$497m in Q1
Aluminum miner Alcoa (AA-N) has reported a loss of US$497 million in the first quarter of 2009, on revenues of US$4…
News
Uruguay defines resources underground
Uruguay Mineral Exploration (UME-V, UGY-L) has come out with an initial resource estimate for mineralization found …
MBMI reports resource estimate for Alpha in the Philippines
Vancouver-based junior MBMI Resources (MBM-V) and its partners in the Philippines have been operating the Alpha nic…
Crew Gold poised to sell Nalunaq gold mine in Greenland
Debt-ladened Crew Gold (CRU-T, CRUGF-0), which posted a net loss of US$203.5 million last year and has watched its …
Royal Gold buys Andacollo gold royalty for US$300M
Vancouver – Teck (TCK.B-T, TCK-N) and its minority partner have agreed to sell a major share of the anticipated gol…
Argentex’s Pinguino shows polymetallic strength
Vancouver – A 21,000-metre drilling effort at the Pinguino property in Santa Cruz, Argentina, is paying off as dr…
Griffin Mining pulls plug on offer for Ivernia
In an unexpected move, Griffin Mining (GFMIF-O, GFM-L) has withdrawn its unsolicited takeover offer for lead miner …
Adex advances tin-indium-zinc project in New Brunswick
Adex Mining (ADE-V) has a new resource estimate for the North zone at its Mount Pleasant tin-indium-zinc project in…
U. S. Markets – March 24-30
U. S. equity markets lost ground during the March 24-30 reporting period: The Dow Jones Industrial Average dropped 254 points, or 3.3%, at 7,522; the S&P 500 index declined 35 points, or 4.3%, to …
Toronto Stock Exchange – March 24-30
Toronto’s main stock index rose for the third week in a row, bringing some measure of relief to weary investors. The resource-laden S&P/TSX composite index gained 253.17 points or 2.9% during the …
TSX Venture Exchange – March 24-30
As banking woes and automaker bailouts continued to heap uncertainty on the world economy over the March 24-30 reporting period, the S&P/TSX Venture composite index saw another week of small gains…
Troy Buys Intrepid’s Casposo For US$22M
VANCOUVER — Two operating mines is not enough for Troy Resources (TRY-T) — the company is spending US$22 million to add Intrepid Mines’ (IAU-T, IAUFF-O) Casposo gold-silver project in Argentina to i…