Strathmore diversifies with copper and gold
Strathmore Minerals (STM –T) has gained a bit of diversification.
News
Lynas Corp. inches ahead
Lynas Corporation (LYC-A) has been developing its massive rare earths project in Western Australia for more than ten years and a decision earlier this month by Malaysia’s Atomic Energy Licensing Board brought the project one step closer…
Alder gets the results that put the shine back on Rosita
The latest assays from Alder Resources’ (ALR-V) Rosita copper-gold-silver project in Nicaragua shows the company could well be on its way towards getting the site back into production.
Lake Shore closes $90M financing
Lake Shore Gold (LSG-T) has completed a $90-million public offering to strengthen its balance sheet, which was in “bad shape” even after closing several other financings this year, says Haywood Securities’…
Commentary: New guidance for disclosing PEAs in Canada
On Aug. 16, 2012, the Canadian Securities Administrators (CSA) published CSA Staff Notice 43-307 Mining Technical Reports – Preliminary Economic Assessments, which sets out staff’s position on several issues regarding the use and…
El Gallo delivers Phase II feasibility
A feasibility study for Phase II of McEwen Mining’s (MUX-T, MUX-N) El Gallo project supports production of an additional five million oz. silver a year for seven years from the company’s mining complex in Sinaloa, Mexico. Permits to…
Short Position Report
TSX Short Positions Short positions outstanding at Aug 31/12 (with changes from Aug…
TSX Venture resumes climb
The TSX Venture exchange collected itself and resumed its forward march. After falling four straight days over the previous period the holiday shortened Sept. 4-7 period saw the index climb 31 points to 1,276.71 points on the back of renewed…
TSX rallies on ECB plans, stimulus hopes
The S&P/TSX Composite Index gained during the Sept. 3-7 trading week to close at 12,268.01, up 319 points from where it began.
U.S. equities strong performers, Sept. 3-7
Hopes of additional stimulus measures from the U.S. Federal Reserve after news of disappointing jobs data in the month of August; the announcement by the Chinese government of a US$150 billion infrastructure building program; and news that the…
Filipino mining opponent ambushed, son killed
Amnesty International is calling on the Philippine government to investigate the killing of Jordan Manda, the 11-year-old son of Timuay Lucenio Manda, a Subanen tribal chief in Bayog, Zamboanga del Sur province on Mindanao Island.
People
Aurico Gold — René Marion to resigned as president, CEO and a director in Sept. for health reasons; Scott Perry appointed president and CEO; Colin Benner appointed executive chairman.AuRo Resources — John Gomez appointed CEO,…