Batero drops 50% on resource estimate
Shares of Batero Gold (BAT-V) took a deadly plunge after disappointing the market with its initial resource estimate at the Batero-Quinchia project in Risaralda, Colombia.
News
Venture sees gains in Feb.21-24 period
Vancouver – The shortened February 21 to 24 trading period saw the S&P TSX Venture Composite Index end up 31.37 points at 1,689.52 points following three days of gains and one day of losses. Volume perked up in the period, averaging…
TSX higher on stronger resource prices
While rising oil prices were being blamed south of the border for weaker markets, thanks to its heavy resource exposure the TSX Composite Index managed to climb 187 points to finish the holiday shortened Feb. 21-24 period at 12,725.77 points.
US markets move up during Feb.21-24
During the Presidents Day holiday-shortened week, the S&P 500 Index gained 4.51 points to end at 1,365.74, a four-year closing high. The index has climbed 8% this year, after being unchanged in 2011.
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 20, 2012 (change from Feb. 13 in brackets):
Market news
Toronto Stock Exchange
Producer and dealer prices
Antimony: Mid-mkt US$12,950.00/t
North American stock exchange indices
DateFeb 20Feb 17Feb 16Feb 15Feb 14HighLow
TSX short positions
Short positions outstanding at Feb. 15/12 (with changes from Jan. 31/12).
TSX Venture short positions
Short positions outstanding at Feb. 15/12 (with changes from Jan. 31/12).
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Corvus shares surge 50% on Nevada gold
Corvus Gold (KOR-T) has started the year with a bang. Positive assay results from its North Bullfrog gold-silver project outside of Beatty, Nev., combined with a sunny outlook for gold juniors, helped push the company’s share up 50% since…