Cashed-up Lake Shore speeds ahead at Timmins West (October 06, 2008)
With capital scarce and share prices in the dumps, many juniors are struggling to raise the money they need to advance their properties — no matter how promising they are.
News
San Gold lands $20M for exploration at Rice Lake
Vancouver — San Gold’s (SGR-V, SGRCF-o) coffers will get a healthy top-up with a $20-million bought-deal private placement.
Gem Diamonds recovers 478-carat stone at Letseng
Vancouver — For the third time in as many years, Gem Diamonds (GEMD-l) has recovered a diamond from its Letseng mine, in Lesotho, big enough to take a place on the list of the 20 largest rough diamon…
Editorial: Suppliers booming, juniors hunker down
While continued anxiety over the U. S. banking crisis dominated the headlines around the world during the week ended Sept. 27, the 39th trading week of 2008, there were still plenty of new development…
Market jitters set off gold-buying frenzy
The phones have been ringing off the hook at Blanchard & Co., the biggest bullion dealer in the United States as investors buy up gold coins and bars like never before amidst the market meltdown.
U. S. MARKETS – SEPTEMBER 23-29
You can run but you can’t hide. The defeat of a US$700-billion bailout plan in Congress on Monday Sept. 29 sent the Dow Jones Industrial Average into a tailspin — down 777.68 points to 10,365.45 — a…
TORONTO STOCK EXCHANGE – SEPTEMBER 23-29
Trouble south of the border brought the TSX Composite Index down to worrisome depths over the Sept. 23-29 trading period. The index lost a total of 1,353 points, but most of the decline came on a reco…
TSX VENTURE EXCHANGE – SEPTEMBER 23-29
The first four days of the Sept. 23-29 trading session on the S&P-TSX Venture Exchange were relatively quiet. But then on another Monday that will long be remembered, the exchange dove 133.61 poin…
LME WAREHOUSE LEVELS (October 06, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehousesat opening, Sept. 30, 2008 (change from Sept. 23 in brackets):
PEOPLE (October 06, 2008)
Alcoa — Kurt Waldo appointed a director; Jake Siewert appointed VP of business development and public strategy; William O’Rourke appointed VP of sustainability and environment, health and safety. Baf…
SPOT PRICES (October 06, 2008)
COURTESY OF SCOTIABANK
Khan says Mongolia still wants foreign funds
Khan Resources (KRI-T) says everything is fine for foreign investors in Mongolia. Market confidence in the, at …