Toronto Stock Exchange – Dec. 23-Jan. 5
Rising oil prices and renewed faith in financials helped inject a level of strength in the TSX composite index that investors have not seen for some time. The index gained 12% over the Dec. 23-Jan. 5 …
News
StrataGold Sees Solid Results In Drilling At Purple Heart
StrataGold (SGV-T, SAGDF-O) and 50% joint-venture partner, Newmont Overseas Exploration, received some encouraging results from 2,000 metres of drilling plus trench work on the BRL Venture, about 26 k…
NovaGold Raises US$75M In ‘Gut-Wrenching’ Time
A private New York Citybased company has agreed to take on a 28% interest in cash-strapped NovaGold Resources (NG-T, NG-X) through a US$60-million portion of a US$75-million financing.
ARM, Vale To Turn Teal Into 50-50 JV
VANCOUVER– In a roundabout deal, Vale (RIO-N) is paying a hefty premium to get its hands on half of Teal Exploration and Mining (TL-T, TLXMF-O).
Linear Gold And Central Sun Mining To Wed
With the well of money run dry, the mining industry is likely to witness a few marriages of convenience in the months ahead, like the proposed coupling of Linear Gold (LRR-T, LGCFF-O) and Central Sun …
Editorial: Miners Limp Across The Finish Line
The last two trading weeks of 2008 were characterized by miners catching their breath and licking their wounds after a brutal past few months.
Odds ‘n’ sods: Friends close and far
One thing that has always amused me during my 40 years in mining is meeting friends in strange places.
Silvercorp Gains On TLP-LM Prefeasibility
VANCOUVER — China’s largest primary- silver producer, Silvercorp Metals (SVM-T, SVMFF-O), now has a five-year mine plan for its recently acquired and already operating TLP-LM silver-lead project. It …
Business As Usual After Guinea’s Military Coup
It didn’t take long for unrest to take hold in Guinea after the country’s long-serving president was pronounced dead on Dec. 22 and that has meant increased uncertainty for miners in the country.
Lme Warehouse Levels (January 12, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 6, 2009 (change from Dec. 30 in brackets): Aluminium Alloy 103980 (2100) Aluminium 2357100 ( 55075) Copper…
Spot Prices (January 12, 2009)
COURTESY OF SCOTIABANK Tuesday, Jan. 06, 2009 Precious Metals Price (US$/oz.) Change Gold $844.00 -26.00 Silver $10.85 +0.02 Platinum $945.00 +38.00 Palladium $185.00 +1.50 Base Metals…
People (January 12, 2009)
Andina Minerals — George Bee appointed president, CEO and a director; Carl Hansen has stepped down as president and CEO.