TSX rallies on ECB plans, stimulus hopes
The S&P/TSX Composite Index gained during the Sept. 3-7 trading week to close at 12,268.01, up 319 points from where it began.
Articles by Northern Miner Staff
U.S. equities strong performers, Sept. 3-7
Hopes of additional stimulus measures from the U.S. Federal Reserve after news of disappointing jobs data in the month of August; the announcement by the Chinese government of a US$150 billion infrastructure building program; and news that the…
Filipino mining opponent ambushed, son killed
Amnesty International is calling on the Philippine government to investigate the killing of Jordan Manda, the 11-year-old son of Timuay Lucenio Manda, a Subanen tribal chief in Bayog, Zamboanga del Sur province on Mindanao Island.
People
Aurico Gold — René Marion to resigned as president, CEO and a director in Sept. for health reasons; Scott Perry appointed president and CEO; Colin Benner appointed executive chairman.AuRo Resources — John Gomez appointed CEO,…
Toronto Stock Exchange
The S&P/TSX Composite Index went into the Labour Day weekend on a downturn as it shed 148 points to 11,949.26 for the period.
TSX Venture Exchange
The mid-August rebound of the S&P/TSX Venture Composite Index came to a halt as four days of losses pulled the index down 11.14 points to 1,240.74. Volume was in-line with recent weeks at an average of 71.4 million shares traded daily,…
Eldorado proves its mettle in China’s goldfields
With three gold operations in China, Vancouver-based producer Eldorado Gold (ELD-T, EGO-N) has established a strong track record in a mining jurisdiction that offers a variety of challenges for international developers. Eldorado expects its…
Editorial: A sudden chill for miners in Canada
The political winds are turning against miners in Canada, with the Sept. 4 victory of the tax-and-spend Parti Québécois in Quebec and the pro-mining Liberal party in B.C. on its last legs, and looking to be replaced by the…
Keegan trims projected capital costs at Esaase
Dundee Capital Markets has hiked its 12-month target price on Keegan Resources (KGN-T, KGN-X) by $1.50 to $5.50 per share after the West Africa-focused junior outlined ways of cutting capital costs by as much as US$246 million at its flagship…
Better days ahead for Thompson Creek?
Thompson Creek Metals (TCM-T, TC-N), like many mining companies, has had a tough ride over the last year. Slowing metal demand from China and falling prices have teamed up to tackle the company’s share price. In January 2011 the…
Dynacor hits record production at Peru mill
Dynacor Gold Mines’ (DNG-T) share price jumped after the company announced it had produced the most gold in a month yet at its mill in Peru.
Short position reports
TSX Short Positions Short positions outstanding at Aug 15/12 (with changes from July…