TSX slides as investor faith in commodities is rattled
Investor frustration over the slow pace of the global economic recovery was seen as the culprit in the TSX Composite Index decline of 143 points to 12,392.18 points for the March 26-30 period.
Articles by Northern Miner Staff
U.S. stocks on solid ground, Mar. 26-30
The Dow Jones Industrial Average rose 131.31 points or 1.0% to 13,212.04 during the Mar. 26-30 trading week, while the S&P 500 index edged 11.36 or 0.81% higher to 1,408.47. The Dow and the S&P 500 closed out their best first quarter…
Claude ups inferred resources by 236%
Claude Resources’ (CRJ-T, CGR-X) shares gained 17% a day after the miner updating its gold reserves and resources on its wholly owned Seabee gold operation in Saskatchewan.
Westridge: On the trail for Mexican gold at Charay
Westridge Resources’ (WST-V) Charay gold-silver property is an easy drive along a modern freeway, lined with sleepy agricultural land, 30 km northeast of Los Mochis here in northwestern Mexico.
Aurizon dips on financials, seeks growth
Last year was a good year for Aurizon Mines (ARZ-T, AZK-N), says George Paspalas, the president and chief executive of the company, which has been mining the Casa Berardi gold project in Quebec since 2006.
Editorial: Mali-ce aforethought
Another year, another coup in Africa. This past week it was Mali’s turn to see rebel troops running through the streets of the capital and taking over the presidential palace.
Nationalization to bite into miners’ revenues
Indonesia’s new indigenization legislation aimed at foreign mining companies opens another chapter in a resource-nationalization saga amongst developing countries.
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Toronto Stock Exchange
Mali unrest puts gold miners on edge
Businesses operating in Mali should expect a hike in mining taxes and an increase in terrorism risk in the wake of a coup attempt in the West African nation, warns Exclusive Analysis, a London-based specialist intelligence company that…
Australia imposes 30% mining tax
The Australian Parliament has passed a bill for a 30% mining tax on iron ore and coal mine profits in the country, leaving some miners and state governments threatening to fight back.
Victory Gold hits the spot at Gold Pike
In the gold mining game some juniors search for the next big elephant in far-flung places that have seen nary a drill collar, while others take a more conservative approach.
Spot prices
Tuesday, Mar 27, 2012