Volume 98 Number 19 Jun 25 - Jul 1, 2012

Energizer Resources senior vice-president of operations Craig Scherba (right) and a local worker examine a trench at the Green Giant graphite project in Madagascar. Photo by Matthew Keevil

Energizer puts Molo’s graphite in fast lane

It has been a story of evolution by discovery for Energizer Resources (EGZ-T), a Toronto-based explorer with significant land holdings in southern Madagascar. The company was originally billed as a prospective vanadium producer — its…


The Gualcamyo gold mine in the northern San Juan province of Argentina. Photo by Yamana Gold

Yamana pounces on Extorre

Following a tumultuous four months that saw its share price plummet and development options narrow, Vancouver-based explorer Extorre Gold Mines (XG-T, XG-X) has found a ­solution to its problem in the form of Toronto-based miner Yamana Gold…


Continental Gold's Buritica gold project in Colombia. Photo by Continental Gold

Colombian drilling lifts Continental Gold

Strong drill results from nine diamond drill holes at the Buritica gold project in Colombia sent shares of Continental Gold (CNL-T) up 28¢, or 3.9%, to $7.38 apiece on June 4.Highlights from the holes drilled into the Yaragua system…


Obituary: Kinbauri founder Christopher Gleeson

After a 60-year career as distinguished scientist, explorer, pioneer and innovator, Christopher Gleeson has died of cancer.Born in Ottawa in August 1931 to Irish immigrants, Gleeson earned his B.Sc. from Loyola College in Montreal in 1953. He…



TSX venture exchange

The S&P/TSX Venture Composite Index dropped 41.91 points after four days of losses outweighed one day of gains, ending at 1,251.02. Volume was also down for most of the period, but a spike at the end of the week left the average volume…


US Markets

U.S. factory output contracted in May for the second time in three months and consumer prices fell 0.3%, but news late in the week that major central banks were prepared to take collective action to provide liquidity and prevent a credit…



Short position reports

TSX Short Positions                                   Short positions outstanding at June…


Rio Alto Mining's La Arena gold mine in northwest Peru's La Libertad district. Photo by Rio Alton Mining

Mid-tier producers grapple with Peru’s growing pains

Peru is experiencing a mining boom of global proportions thanks to years of heavy investment and increasing production. The country is the world’s number-two copper producer, number-two silver producer, number-six gold producer,…


Lumina finds new zones at Taca Taca

New copper mineralization zones at the Taca Taca project failed to lift the share price of Lumina ­Copper (LCC-V) due to anti-Argentina sentiment in the wake of President Cristina Fernandez’s ­decision last month to nationalize…


Los Bronces copper mine in Chile. Photo by Anglo American.

Mining boom drives growing energy need

The Andean nations of Chile and Peru are the top copper-producing locales in the world. Chile holds the number-one spot with annual production clocking in at 4.9 million tonnes, while Peru sits in second place with output totalling 1.2 million…


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