Spring Cleaning Polar Star’s Boardroom
Leading a proxy battle is no easy task, says Polar Star Mining (PSR-V, POSRF-O) president and CEO Douglas Willock, who just got his old job back after launching and winning a proxy battle that led to …
News
TSX Short Positions (May 11, 2009)
Short positions outstanding at Apr. 30/09 (with changes from Apr. 15/09). Largest short positions Teck Resources TCK. B 30907028 -1130592 New Gold NGD 18332450 2929019 Eldorado Gold …
Hathor’s Roughrider Getting Bigger
VANCOUVER — The Roughrider uranium discovery in northern Saskatchewan keeps throwing out high-grade uranium intercepts for majority owner Hathor Exploration (HAT-V, HTHXF-O).
Lending Rates (May 11, 2009)
as of 9 a. m. ET. May 5, 2009 (%) Bank of Canada 0.50 Target overnight rate 0.25 Canadian Prime 2.25 U. S. Discount Primary 0.50 U. S. Fed Funds market rate 0-0.25 U. S. Prime …
Aboriginals Want The Option To Say ‘No’
Although the government of Ontario’s proposed new Mining Act has been well-received so far by the mining industry, there is still a great distance between what some stakeholders want and what they wil…
Timminco Merges Magnesium Assets With China’s Winca
If you can’t beat them — join them. That was the rationale behind Timminco’s (TIM-T, TIMNF-O) decision to merge its remaining magnesium extrusion assets with a private Chinese enterprise called Winca…
Chrysler, GM Woes Hit Metal Suppliers
It was a dramatic and disturbing business week in North America during the 17th trading week of the year, as large ownership stakes in GM and Chrysler swiftly wound up in the hands of the U. S. govern…
Russia: A Land Of Opportunities And Risks
In our April 27-May 3/09 issue, we wrote about Russia’s new strategic sectors law, and about the Canada-Russia Mining Conference, organized by the Canada Eurasia Russia Business Association (CERBA) an…
U.S. Markets April 28 -May 4
Easing fears about a swine flu pandemic and moderating housing data helped buoy U. S. markets during the April 28-May 4 reporting period. The National Association of Realtors reported that its Pending…
Canadian Gold Mutual Funds (May 11, 2009)
Featured Fund: CIBC precious metals as of 01/31/09 (in weighted order): Kinross Gold, Agnico-Eagle Mines, Goldcorp, Barrick Gold, Randgold Resources, Yamana Gold, Newmont Mining, Compania Minas Buenav…
Tower Hill Keeps Hitting Gold At Livengood
VANCOUVER–The Livengood gold deposit in Alaska just keeps growing for International Tower Hill Mines (ITH-V, THM-X).
Kyrgyz Government Goes From Cruel To Kind For Centerra
Good news is shining on Centerra Gold (CG-T, CAGDF-O) from Kyrgyzstan.