Vancouver – The S&P Venture Composite Index continues to show significant volatility, climbing 51.74 points in the November 28 to December 2 period to end at 1,556.88 points. The upswing only recouped about half the loss from the week…
Market volatility continued to reign supreme as the TSX Composite Index bounced back from a previous period sell-off and surged 403 points to 12,075.09 for the Nov. 28 – Dec. 2 period.
Drill results from the C zone of the Kofi property in Mali, West Africa show “excellent potential” for Avion Gold (AVR-T, AVGCF-O) to define a “near-surface, high grade, mineable gold deposit” says the company’s senior vice president of…
It is no easy task to find junior exploration companies these days with tangible assets and a share price that might not drop too significantly should the current market uncertainty be a mere prelude to a wide-scale financial system collapse.
Equity markets in the United States rallied sharply in the wake of better-than-expected employment figures and more encouraging news from Europe. The U.S. unemployment rate in November dropped to a two-and-a-half year low or to 8.6%, down from…
Tuesday, Nov 28, 2011
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 28, 2011 (change from Nov. 21 in brackets):
Pretium Resources (PVG-T) has increased gold and silver resources at its flagship Brucejack project in northwestern B.C. by as much as 460%, following a mid-year, 72,000-metre drill program.
Allana Potash (AAA-T, AAA-V) is painting a rosy picture of its Dallol potash project in Ethiopia, with a positive preliminary economic assessment (PEA) that estimates start-up costs at US$796 million.
Talon Metals (TLO-T) got a much needed boost with an initial resource on three target areas at its Trairao iron project in Brazil’s Para State.
Diamond drilling at Salazar Resources’ (SRL-V) 100%-owned Curipamba volcanogenic massive sulphide project in Ecuador has yielded more high-grade precious and base metals over significant widths at the El Domo deposit, which remains open in all…
Royalties in the mining industry look pretty straightforward, but dig a little deeper and the complexities are soon apparent.
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