Fortuna Silver Production On The Rise
After increasing silver production by 85% in 2008, Fortuna Silver Mines (FVI-V, FVITF-O) is planning to keep the trend going with an 80% rise this year.
News
Daily Metal Prices (February 16, 2009)
Date Feb. 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1085/1120 1099/1130 1071/1110 1060/1100 1045/1076 A…
North American Stock Exchange Indices (February 16, 2009)
52-week Date Feb 9 Feb. 6 Feb. 5 Feb. 4 Feb. 3 High Low S&P/TSX-Ven Comp 901.10 909.34 898.22 890.05 869.25 2814.88 678.62 TSX Composite 9047.28 9008.02 8860.98 8693.09 862…
Federal Court Rules For Barrick In Cortez Hills Case
A U. S. judge has ruled against a preliminary injunction that would have halted construction at Barrick Gold’s (ABX-T, ABX-N) Cortez Hills gold project in eastern Nevada, disappointing groups who oppo…
TSX Venture Short Positions (February 16, 2009)
Short positions outstanding at Jan. 31/09 (with changes from Jan. 15/09).
Century Mining Digs Up $66M Financing
Century Mining (CMM-V, CMNZF-O) has joined a growing group of mining companies trying to weather the financial storm through alternative financing solutions.
Bidding War Erupts For Frontera Copper
A bidding war is emerging for Frontera Copper (FCC-T, FRCPF-O) that is pitting the Invecture Group against Southern Copper Corp. (PCU-N).
Sacked CEO Fights To Replace Polar Star Board
Polar Star Mining’s (PSR-V, POSRF-O), ex-president and CEO Douglas Willock is rallying shareholders to help him replace the company’s board of directors — namely, executive chairman Stephen G. Roman.
Golden Hope Hits New Mineralization
Assay results from Golden Hope Mines (GNH-V, GOLHF-O)’ Bellechasse property confirm the company has hit upon a second mineralized body at its Quebec gold project.
TSX Short Positions (February 16, 2009)
Short positions outstanding at Jan. 31/09 (with changes from Jan. 15/09).
Xstrata Chops Jobs, Output In Sudbury
Continued low nickel prices are forcing Xstrata (XSRAF-O, XTA-L) subsidiary Xstrata Nickel to accelerate the downsizing of its nickel mining and milling assets in Ontario’s Sudbury basin.
Orex Adds Zones At Goldboro
Strong results from Orex Exploration’s (OX-V) drilling in Nova Scotia helped secure the Rouyn- Noranda, Que.-based junior some market momentum.