Globex rises on REE results
Globex Mining (GMX-T) got a boost to its market cap after announcing results from its Turner Falls rare earth project in Quebec.
News
Unigold’s share price doubles on Dominican gold intercepts
Vancouver – Dominican Republic-focused Unigold (UGD-V) saw its share price double on news of some impressive gold intercepts from its Neita property in the country.
Venture climbs slightly as volume returns in Jan. 9-13 period
Vancouver – The second week of the New Year saw the S&P TSX Venture Composite Index climb 10.3 points to 1,536.03 points after two days of losses and three days of gains. Activity in the January 9 to 13 period was back up to pre-holiday…
TSX gains during Jan.9-13 period
The TSX Composite Index was up 42.42 points during the Jan. 9-13 trading period to close at 12,231.06. Diversified miners gained 36.32 points to end the week at 1,184.14. The Global Gold Index inched up 5.01 points to 380.64, as the price of…
Quadra FNX boosts resource at Victoria
Infill drilling at Quadra FNX Mining’s (QUX-T) polymetalic Victoria project in Sudbury, Ontario has increased tonnes of inferred resources by 16% and raised by 32%, 26% and 4% its contained nickel, copper and total precious metals,…
Tigray on the hunt for another Bisha
Recent drilling at Tigray Resources’ (TIG-V) flagship Harvest copper-gold-silver project in northern Ethiopia has returned several new high-grade intercepts, including 21 metres grading 5.7% copper, 1.5 grams gold per tonne, 18 grams silver per…
U.S. stocks end in positive territory, Jan. 9-13
U.S. equities managed to post small gains despite economic data showing retail sales increased at their slowest pace in seven months in December and the downgrading by Standard & Poor’s of the credit ratings of nine euro zone countries….
First Quantum exits DRC on a high note
First Quantum Minerals (FM-T) is putting an end to its troubles in the Democratic Republic of the Congo (DRC) by agreeing to sell its DRC assets and drop any related legal claims for US$1.25 billion.
Teck to buy SilverBirch Energy
Teck Resources (TCK-T, TCK-N) is raising its exposure to Alberta’s oilsands with plans to purchase SilverBirch Energy (SBE-V) in a cash and stock deal worth $435 million. The acquisition will give Teck the rest of the Frontier oilsands project…
Haywood honcho Tognetti spends $2.4M on more Mirasol shares
Argentina-focused silver explorer Mirasol Resources (MRZ-V) has received a welcome show of support from its largest shareholder, John Tognetti, who bought $2.4-million worth of shares and warrants as part of a $13.2-million private placement in…
Spot prices
Tuesday, Jan 10, 2012
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 9, 2012 (change from Jan. 3 in brackets):