Gains outweigh losses for Venture during Jan. 10-14 period
Vancouver – The S&P TSX Venture Exchange climbed 45.57 points over the January 10 to 14 period, ending at 2275.45 points after three days of gains and two days of losses.
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Huge synergies with Cliffs’ bid for Consolidated Thompson
If Cliffs Natural Resources (CLF-N) is successful in its bid for Consolidated Thompson (CLM-T) and its Bloom Lake mine on the south end of the Labrador Trough in Eastern Canada, it will in one easy stroke acquire a world-class ore body…
U.S. Markets up for 7th straight week as gold slips over Jan. 10-14 period
As European stocks advanced for the second straight week, banks and technology companies, led by JPMorgan Chase, sent U.S. stock indexes higher, marking a seventh week of gains. The Dow Jones industrial average gained 112.62 points, or 1%, to…
Merger activity helps drive up TSX in Jan. 10-4 trading week
Precious-metals companies may have taken a hit during the Jan. 10-14 trading week but for companies with iron ore, copper, uranium and potash assets, the numbers looked pretty good. The TSX Composite index climbed 191.76 points or 1.45% to…
Amazon’s Cerrado Verde: a game changer?
Any company whose stock has moved from 93¢ per share to a high of $8.00 over the course of a year deserves a closer look, and so it is with Amazon Mining Holding (amz-v).
Broadway actor launches Sierra Leone gold explorer
With roles in the latest James Bond movies Casino Royale and Quantum of Solace and a parallel career on Broadway, actor Jeffrey Wright is a busy man. His performances have earned him a Tony, a Golden Globe and an Emmy, but over the last seven…
Canarc snags Relief Canyon
An 18-month search by Canarc Resource (ccm-t) for new acquisitions has culminated with the successful bid to buy a mostly built and permitted, open-pit, heap-leach gold mine in Nevada through a bankruptcy court auction.Canarc has agreed to buy…
MDN is more than just a gold play (January 17, 2011)
MDN (mdn-t) may be best known for its 30% interest in the producing Tulawaka gold mine in Tanzania operated by Barrick Gold (abx-t, abx-n) and a portfolio of exploration projects in the surrounding Lake Victoria gold district. But some…
HudBay bids for Norsemont (January 17, 2011)
HudBay Minerals (hbm-t, hbm-n) is looking to venture farther south than it ever has before to acquire its next project. The company has made a friendly $520-million pitch to Norsemont Mining’s (nom-t) shareholders in the hope of nabbing…
Gov’t steps into Voisey’s strike
The first week of 2011 saw the public release of a candid and rather damning report by a Newfoundland and Labrador government-appointed commission on the 17-month strike by 120 members of United Steelworkers Local 9508 at Vale’s Voisey’s Bay…
Copper is the consensus metal for 2011 (January 17, 2011)
When it comes to metals with the best fundamentals, the consensus for 2011 seems to be that copper wins hands down. The industrial metal already rose more than 30% in 2010.”Everybody seems to be bullish on copper and I hate to be a consensus…
GC4C to raise funds for students at Roundup
Global Change for Children (GC4C) will kick off its 2011 fundraising campaign at Mineral Exploration Roundup, to be held Jan. 24-27 in Vancouver.In keeping with the conference theme, “Exploring Today for Tomorrow’s Resources,” the registered…