Shares of Lake Shore Gold (LSG-T, LSG-X) rose 8¢ or 8% to $1.04 with more than three million shares changing hands after the company released high-grade drill results from 26 holes at its Fenn-Gib project, 60 km east of Timmins.
U.S. equities posted four straight days of gains during the Apr. 23-27 trading week despite lower than expected first quarter GDP growth of 2.2% (down from 3% in the fourth quarter of 2011) and renewed concerns about Spain as Standard &…
VANCOUVER — Philippines-focused Crazy Horse Resources (CZH-V) has outlined a 15-million-tonne-per-year open-pit copper operation at its Taysan project in a prefeasibility study.
VANCOUVER — Vancouver-based major Goldcorp Inc. (G-T, GG-N) stumbled out of the gate to start the year, as adverse-ground conditions and grade variability at its flagship Red Lake gold mine 230-km-northwest of Dryden, On….
VANCOUVER — The final week of April brought a hint of relief to the S&P TSX Venture Composite Index with a 14.81-point climb to 1,412.76 points after three weeks of significant losses. The slight turnaround came after the index hit a…
The TSX Composite Index continued its up-and-down trend as it climbed 212 points to 12,237.75 for the April 23-27 period. The rebound came as investors balanced strong earnings reports from a group of companies against data, showing the U.S….
Richmont Mines (RIC-T, RIC-X) saw it shares tumble after publishing a preliminary economic assessment (PEA) for its Wasamac gold project in Rouyn-Noranda, Que.
African Barrick Gold (ABG-L) says its Nyanzaga project has the potential to become its next gold mine in Tanzania. The company — whichBarrick Gold(ABX-T, ABX-N) spun out to hold its African gold assets — has four mines in…
An end to a coup d’état in Mali, West Africa, and strong first-quarter production numbers boosted Avion Gold’s (AVR-T) shares 9%, or 8¢, from a six-month low of 86¢ during the April 9 trading session.
Short positions outstanding at Apr. 15/12 (with changes from Mar. 31/12).
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Japan’s Mitsubishi will invest US$94.9 million for a 25% stake in Stillwater Mining’s (SWC.U-T, SWC-N) Marathon project, a platinum group metal (PGM) and copper deposit near the north shore of Lake Superior, 10 km north of the town…
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