A 400- by 800-metre claim block east of Rainy River Resources’ (RR-T) flagship gold project in northwestern Ontario is causing a big commotion at the project’s operator, Bayfield Ventures (BYV-V).
Already hit by a retreat in the silver price, a leftist presidential victory, and rumblings of local discontent, Bear Creek Mining (BCM-V) was broadsided on June 25 by the Peruvian government’s decision to revoke the licence for its Santa Ana…
With concerns mounting about Zambia’s maxed-out smelting capacity, First Quantum Minerals (FM-T, FQM-L) is evaluating whether the time has come to build and operate a copper smelter. A decision will be made later this year.
The resource market passed the halfway mark of 2011 in a bit of a foul mood, with the ongoing anxiety over the feeble economic recovery seen in the U.S. and parts of Europe continuing to depress mining share prices, even in the face of robust…
Mine closure plans in Alberta’s oilsands are being made with a new advisor in mind: Mother Nature.
Disgruntled employees have once again disrupted mining operations on South Africa’s Bushveld Complex, with Platmin (PPN-T) being the latest target.
Aurizon Mines – David Hall resigning as president & CEO on Aug. 15, but will continue as chairman; George Paspalas to be appointed president and CEO on Aug. 15.
Toronto Stock Exchange
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 4, 2011 (change from June 27 in brackets):
DateJuly 4July 1June 30June 29June 28
Fund name June 27 June 20ChangeChangeYTDMER*Assets*
St Andrew Goldfields’ (SAS-T) shares got a much-needed boost, springing almost 8% on the back of positive news from its Taylor gold project near Timmins, Ont. Taylor sits 65 km west of the company’s newly producing Holt gold mine, and covers…
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