Canadian Mining Hall of Fame induction reminder: Jan. 6 reservation deadline
The deadline for making reservations to attend next week’s 23rd annual Canadian Mining Hall of Fame dinner and induction ceremony in Toronto is rapidly approaching.
News
TSX shows strong finish
Investors shrugged off the tendency to sell at the close of the year causing the TSX Composite Index to rise from 13,231.49 points to 13,443.22 points for the Dec. 20-31period. Perhaps investors were emboldened by year end figures on the…
U.S. Markets end year on high note
U.S. stocks closed out a second consecutive year of gains, recovering to levels last seen prior to the collapse of Lehman Brothers in September 2008 and the ensuing recession. Over the year, the S&P 500 index rose 12.8% and the Dow Jones…
Venture ends year with more gains
Vancouver – The holiday-filled period between December 20 and 31 saw the S&P TSX Venture Exchange maintain its growth streak that defined the second half of 2010, climbing 153.52 points on eight days of straight gains to close the year…
Revised offers for Baffinland from both bidders
A takeover battle between Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (MT-N) for junior Baffinland Iron Mines (BIM-T) and its attractive Mary River project is heating up with revised offers from both companies in the…
Paladin buying Aurora’s assets
The current moratorium on uranium mining in Newfoundland and Labrador isn’t deterring Australia’s Paladin Energy (PDN-T, PDN-A) from buying the uranium assets of Aurora Energy Resources in the Canadia…
Atac revels in rewards
SITE VISIT
Perseus nears production in Ghana (January 03, 2011)
VANCOUVER — With less than a year to go before it joins the ranks as a gold producer, Perseus Mining (PRU-T, PRU-A) is pulling promising infill and exploration results from both of its key projects: …
Boka fraudster Paterson arrested
VANCOUVER — After a three-and- a-half year investigation involving police in Vancouver, Hong Kong and mainland China, John Paterson, founder and former CEO of Southwestern Resources, has been arreste…
Belo Sun shines in Brazil (January 03, 2011)
VANCOUVER — A long gold hit at Belo Sun Mining’s (BSX-V) Volta Grande gold project in Brazil has helped boost the project’s potential and the company’s stock price.
Keegan beefs up Esaase
VANCOUVER — Keegan Resources (KGN-T, KGN-X) has added almost 1 million oz. gold to its Esaase project in southwest Ghana after incorporating another 90,000 metres of drilling over 320 holes.
Baffinland in play
The week before the Christmas break was a busy one in the capital markets, with plenty of mergers and acquisitions and a plethora of financings in the junior mining sector.