Canadian gold mutual funds
Fund name Dec. 16 Dec. 12ChangeChangeYTDMER*Assets*
Volume 97 Number 47 Jan 9 - 15, 2012
South American Silver sizes up Escalones
South American Silver (SAC-T) has released a first resource estimate on its wholly owned Escalones copper-gold-silver project in Central Chile.
Silvercorp’s Ying getting back its zing
Even after a KPMG forensic report cleared Vancouver-based Silvercorp Metals (SVM-T, SVM-N) of all anonymous allegations of accounting fraud in October, the largest primary silver producer in China has retained two independent consulting firms -…
Coalspur quietly advances Vista
Marketable coal reserves at Coalspur Mines’ (CPT-T) flagship Vista project in Alberta have risen 20% to 313 million tonnes from the 260 million tonnes estimated in the prefeasibility study. The 313 million tonnes will come from a recoverable…
International Minerals completes PEA on Converse
At a base-case gold price of US$1,300 per oz. and US$25 per oz. for silver and throughput of 45,000 tonnes per day, an open-pit mine at International Minerals’ (IMZ-t) Converse project in Nevada returns a pre-tax, non-discounted cash flow of…
Avion triples Hounde resource to 1.6M oz. gold
In less than two years, Avion Gold (AVR-T) has turned a group of early stage mineral concessions in Burkina Faso into a 1.6-million-oz. gold project, with management convinced of its potential for growth.
Adriana joins the Wuhan clan
Adriana Resources’ (ADI-V) shares are back up after dropping 15% on Dec. 19 as the company reported that it’s partnering with Wisco International Resources to develop the Lac Otelnuk and December Lake iron ore properties in Nunavik, Que….
Anglo American meets organic growth milestones
Over the last year Anglo American (AAL-L) has commissioned three of its four major growth projects in three different metals: iron ore, nickel and copper.
Lundin completes Semblana resource
Lundin Mining (LUN-T) discovered the Semblana copper deposit adjacent to its Neves-Corvo mine in Southern Portugal in September last year, and describes it on its website as the “first new massive-sulphide deposit discovery at Neves-Corvo in…
Inmet’s Cobre Panama clears environmental hurdle
Inmet Mining (IMN-T) shares surged $3.12 apiece, or 4.76%, to close at $68.62 in the new year after the company announced that the Panamanian government has approved an environmental and social impact assessment for its Cobre Panama…
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