South African miners fall behind
Cape Town, South Africa – The mood at the 2011 Mining Indaba conference in South Africa was markedly upbeat as the industry experiences booming growth, but the host nation was left wondering how it had missed out.
News
RBC Capital initiates coverage of Trelawney
Analysts Stephen Walker and Richard Bishop of RBC Capital Markets estimate that when Trelawney Mining and Exploration (trr-v) releases its initial resource estimate in the first or second quarter of this year, the junior gold explorer will have…
Gold demand trends for 2010, expectations for 2011
The World Gold Council has released the following summary of factors that drove gold demand in 2010, and expectations for 2011. The full Gold Demand Trends report for 2010 can be found at www.gold.org.
Ernst & Young: Strong growth expected for 2011
The following is an excerpt from Ernst & Young’s annual mining and metals transactions report, Ungeared for Growth. For the full report visit: www.ey.com.
Letter to the editor: How business really gets done in the DRC
Regarding the article “African Copperbelt: still risky after all these years” (T.N.M., Feb. 7-13/11), the problems in the Democratic Republic of the Congo (DRC) have not yet begun.
Sherritt supports blindness prevention in Madagascar
Sherritt International (s-t) has donated $32,000 to Seva Canada, to help the charity restore sight and prevent blindness for people in Madagascar.
toronto stock exchange February 14-18
Looking only at the TSX composite index, the recession would appear to be miles away.
TSX VENTURE EXCHANGE February 14-18
The S&P-TSX Venture composite index made respectable gains in the Feb. 14-18 week, up 66.12 points to close at 2,423.68. Volume averaged 202 million shares traded daily, while 143 companies hit 52-week highs and 37 reached new lows.
U.S. MARKETS February 14-18
U.S. stock markets overall proved remarkably resilient in the Feb. 14-18 trading week, posting their third straight weekly advance.
METALS, MINING AND MONEY MARKETS (February 28, 2011)
SPOT PRICES
CANADIAN GOLD MUTUAL FUNDS (February 28, 2011)
Fund name Feb. 22 Feb. 15ChangeChangeYTDMER*Assets*
NORTH AMERICAN STOCK EXCHANGE INDICES52-week
DateFeb. 21Feb. 18Feb. 17Feb. 16Feb. 15HighLow