Perseus on brink of developing Ghanaian gold mine
VANCOUVER — The last year has been a busy one for Perseus Mining (PRU-T, PRU-A) — in those 12 months, the Australian-based explorer has raised more than $125 million in three financings, completed a…
Stock Markets/Investing
Teck shows more signs of renewal (May 10, 2010)
VANCOUVER — In the latest sign of a strong recovery, Teck Resources (TCK. B-T, TCK-N) has reinstated an annual dividend after paying a significant portion of its debt ahead of schedule.”There’s a lot of good news to comment on today,” said…
Gold Fields not as lucky as Centerra in Kyrgyzstan (May 10, 2010)
Investors hoping for a smooth transition of governments in Kyrgyzstan were disappointed that Gold Fields (GFI-N, GOF-L)had run into trouble in the Central Asian country.
Copper fundamentals strong; Mitsubishi ups stake in Escondida (May 03, 2010)
Three large Japanese companies are investing a total of more than 50 billion yen ($533.9 million) for an additional combined ownership stake of 2.5% in Chile’s Escondida mine, Reuters news agency repo…
Lundin misses expectations
Despite coming a long ways in a year’s time, Lundin Mining’s (LUN-T) first quarter financial results failed to…
Technical Analysis Report: Platinum
Along with the nascent global economic recovery there has been renewed interest in platinum, largely thanks to…
Short Position Report (April 27, 2010)
TSX Short PositionsShort positions outstanding at Apr. 15/…
New Gold ups Q1 production by 41% (April 22, 2010)
New Gold (NGD-T, NGD-X) showed huge improvements over the first quarter of 2010 significantly increasing gold …
Short Position Report (April 13, 2010)
TSX Short PositionsShort positions outstanding at Mar. 31/…
PC Gold’s ‘surprising’ find at Pickle Crow
VANCOUVER– PC Gold( PKL-T) has cut some very rich gold intercepts in a newly-discovered vein at its Pickle Crow property near Thunder Bay, Ont., and the news sent its stock price skyward.
Chinalco to spend US$1.35B to earn into Rio’s Simandou
VANCOUVER– The Simandou iron ore project in Guinea is set for a major influx of spending after 95%-owner Rio Tinto (RTP-N, RIO-L) inked a US$1.35-billion earn-in deal with Chinalco to start developin…
Barrick prices IPO for ABG
Barrick Gold (ABX-T, ABX-N) is pricing the initial public offering of African Barrick Gold (ABG) at 5.75 (US$8.71) per share. African Barrick Gold will trade on the London Stock Exchange. Barrick exp…