TSX Venture continues to climb, Jan. 7-11
VANCOUVER — The S&P TSX Venture Composite Index posted a second consecutive gain during the Jan. 7-11 trading period, rising 0.98% to 1,240.25 points for a 12.02 point weekly jump.
News
Investors like Guyana Goldfield’s new Aurora plan
VANCOUVER – After a first feasibility study scared investors with its steep price tag and shaky economics, Guyana Goldfields (GUY-T) took its Aurora gold project back to the drawing board.
U.S. equities remain positive, Jan. 7-11
U.S. equities remained resilient in the wake of the Jan. 2 settlement of the fiscal cliff debate, but the rally slowed slightly ahead of earning season. The Dow Jones Industrial Average gained 0.4% to close at 13,488.43, while the S&P 500…
Karnalyte scores foreign investment for Wynyard
VANCOUVER — Alberta-based Karnalyte Resources (KRN-T) received a financial boost in its drive to develop its wholly-owned Wynyard potash project — located outside the township of Wynyard, Saskatchewan — when India’s…
Gold Reach climbs on more long Ootsa intercepts
VANCOUVER – Drills continue to return long mineralized intercepts from the West Seel zone at Gold Reach Resources’ (GRV-V) Ootsa property in northwest British Columbia.
Metanor steps into the future
Make a wrong turn while driving along the streets of one of Canada’s great mining towns and you may feel you’ve gone through a portal into the past.
Canada Lithium inks off-take agreement
Two months after signing an off-take agreement with one of China’s largest commodities traders, Canada Lithium (CLQ-T) has sealed a second deal with one of Japan’s largest commodities trading companies, Marubeni Corporation.
Is the iron ore rally overdone?
Spot prices for iron ore fines delivered to China touched a three-year low in September 2012 of US$87 per tonne before rebounding to US$119 per tonne in December and to the US$158-US$160 per-tonne level of recent days. The question is, where…
NGEx continues big run with Josemaria resource
VANCOUVER — It has been a stellar six months for Vancouver-based explorer NGEx Resources (NGQ-T) and its portfolio of copper-gold prospects that lie along the Chilean-Argentine border.
Bayfield hits more high-grade at Burns Block
VANCOUVER – With each new drill hole Bayfield Ventures (BYV-V) is learning more about a high-grade gold-silver shoot that extends from its East Burns zone towards the Intrepid gold-silver zone on Rainy River Resources’ (RR-T)…
A busy news day for B2Gold
B2Gold (BTO-T) delivered a flurry of good news to the market and investors responded accordingly.
Alderon remains on track for iron ore production at Kami
VANCOUVER — Vancouver-based Alderon Iron Ore (ADV-T, AXX-X) has passed another major milestone in a quest to put its Kamistiatusset (Kami) iron ore project in western Labrador into production by the end of 2015. On Jan. 9, the company…