Canadian Gold Mutual Funds (January 12, 2009)
Featured Fund: Altamira precious & Strategic Metals, as of 07/31/08 (in weighted order): Goldcorp, Barrick Gold, Kinross Gold, Agnico-Eagle Mines, Yamana Gold, Franco-Nevada, Newmont Mining, Compa…
News
Pacific Rim Does Battle In El Salvador
With its patience wearing thin, Pacific Rim Mining (PMU-T, PMU-X) is preparing to play hardball with the government of El Salvador.
TSX Venture Short Positions (January 12, 2009)
Short positions outstanding at Dec. 15/08 (with changes from Nov. 30/08). Largest short positions Gold Wheaton Gold GLW 1426300 756827 Westernzagros Res WZR 1128911 -15500 Fortuna Si…
Dividends (January 12, 2009)
Company Div. Pay Record ($) Date Date Iamgold 0.06* Jan 12 Dec 24 Sherritt Int’l 0.036 Jan 14 Dec 31 Yamana 0.01 Jan 14 Dec 31 Cameco 0.06 Jan 15 Dec 31 Royal Gold …
NovaGold Raises US$75M In ‘Gut-Wrenching’ Time
A private New York Citybased company has agreed to take on a 28% interest in cash-strapped NovaGold Resources (NG-T, NG-X) through a US$60-million portion of a US$75-million financing.
ARM, Vale To Turn Teal Into 50-50 JV
VANCOUVER– In a roundabout deal, Vale (RIO-N) is paying a hefty premium to get its hands on half of Teal Exploration and Mining (TL-T, TLXMF-O).
Juniors Looking For A Lifeline
When a mine closes down, it makes news — and so do the attendant layoffs, which even for a small mine, can number in the hundreds.
Gold Reserve, Rusoro Continue War Of Words
Calling Rusoro Mining’s (RML-V, RMLFF-O) unsolicited takeover bid “opportunistic” and “financially inadequate,” Gold Reserve’s (GRZ-T, GRZ-X) board of directors has unanimously recommended that shareh…
Linear Gold And Central Sun Mining To Wed
With the well of money run dry, the mining industry is likely to witness a few marriages of convenience in the months ahead, like the proposed coupling of Linear Gold (LRR-T, LGCFF-O) and Central Sun …
Editorial: Miners Limp Across The Finish Line
The last two trading weeks of 2008 were characterized by miners catching their breath and licking their wounds after a brutal past few months.
Odds ‘n’ sods: Friends close and far
One thing that has always amused me during my 40 years in mining is meeting friends in strange places.
U. S. Markets – Dec. 23-Jan. 5
U. S. stock markets were up during the Dec. 23-Jan. 5. trading session, driven chiefly by the end of the tax-loss selling season and by bargain-hunters scooping up beaten-down issues. There was not mu…