TSX VENTURE EXCHANGE JULY 2-7
The S&P-TSX Venture Composite Index lost ground over the July 2-7 trading session, a week cut short by Canada Day, closing down 157.41 points at 2,478.37. Daily trading volumes were low, averaging…
News
BID-ASK — JULY 1-7, 2008
12-MONTH STOCK EXC BID ASK LAST HIGH LO Absolut Res V 0.80 0.98 0.98 1.30 0.001 Afrasia Minl F V 0.28 0.59 0.25 0.45 0.23 Altair Vent V 0.20 0.27 0.20 0.74 0….
Canadian Orebodies begins exploring McFaulds Lake
Canadian Orebodies (CO-V) has started early-stage exploration in the “Ring of Fire” in the McFaulds Lake area in the James Bay low- lands of northern Ontario. According to CEO Gordon McKinnon, the com…
Noront tallies Eagle One resource
VANCOUVER — Since the discovery hole at the Double Eagle property in northeast Ontario hit massive sulphide mineralization in September, Noront Resources (NOT-V) investors have been anxiously awaitin…
First Nickel on firmer ground with Lockerby
First Nickel (FNI-T, FNKLF-O)wants to put market questions around its Lockerby nickel mine, in Ontario’s Sudbury basin, to bed.
Big resource boost at Detour Lake (July 14, 2008)
Detour Gold (DGC-T, DRGDF-O) has more than doubled measured and indicated resources at its Detour Lake project, in northern Ontario, to more than 10 million oz. gold.
Livengood results lift International Tower Hill (July 14, 2008)
VANCOUVER — A long, well-mineralized intercept from its Livengood gold project in Alaska had International Tower Hill Mines (ITH-V, THM-X) up as much as 35% in recent trading.
Solex contracts SGS for bulk metallurgical test
Solex Resources (SOX-V) has enlisted SGS Minerals’ metallurgical group to produce a bulk metallurgical test for the company’s Macusani South uranium project in Peru.
Editorial: Carbon taxes leave Canadians cold
The week ended July 5, the 27th trading week of 2008, saw two very bad ideas come to the fore in Canada.
AMEC, Aker Solutions to work on Mary River project
Baffinland Iron Mines (BIM-T, BIMGF-O) has hired AMEC and Aker Solutions to help with the development of its Mary River project on Baffin Island, Nunavut.
Red Hill hires Minarco-MineConsult for Ulaan Ovoo
Mongolia-focused mineral company Red Hill Energy (RH-V, RHFFF-O) has hired Minarco-Mine- Consult of Sydney, Australia, to produce a prefeasibility study for the company’s Ulaan Ovoo coal project in no…
Mining consultancy firm WGM heads Niger Delta initiative
Senior social and economic scientist Stephen Roberts, from the independent mineral-consultation firm Watts, Griffis and McOuat, has been invited by the Nigerian government to present ideas for resolvi…