As rumours swirl that Champion Minerals (CHM-T) might become a takeover target for Arcelor Mittal (MT-N), the junior has adopted a shareholder rights plan. The news sent the company’s shares up 20% or 30¢ apiece on July 4 to close at $1.80.
Vancouver – Despite only listing on the TSX in March, Mawson West (MWE-T) has already released a feasibility study on the Kapulo target at its Dikulushi concessions thanks to previous work as an Australian-listed and unlisted company.
Vancouver – A shortened June 27 to 30 trading period had the S&P TSX Venture Exchange Index swinging down almost 40 points in the first half before rebounding almost as much in the latter half and ending almost even, down just over a point…
The TSX Composite Index continued to climb during the abbreviated June 27-30 trading week, posting four straight days of gains. The index moved up 391.98 points to 13,300.87, as commodity prices rose and the Greek parliament approved a second…
U.S. equities posted five straight days of gains during the June 27-July 1 trading week (the best weekly performance in two years) with the Dow Jones Industrial Average climbing 5.4% or 648.19 points to close at 12,582.77. The S&P 500 index…
Fund name June 27 June 20ChangeChangeYTDMER*Assets*
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Drilling between April 2010 and January 2011 has boosted measured and indicated in-pit resources by 31% at Aurizon Mines’ (ARZ-T, AZK-X) Hosco deposit, part of the gold producer’s Joanna project in northwestern Quebec.
Gold miner Alamos Gold (AGI-T) has delineated a new gold zone near its Agi Dagi gold project in Turkey that it believes has the potential to develop into a “stand-alone” project, according to a company news release dated June 16.
Ewan Downie’s Premier Gold Mines (PG-T) is taking full control of the Hardrock gold project near Geraldton in northwestern Ontario, in which it owns a 70% interest. The company will acquire the remaining 30% by taking over joint-venture-partner…
In the last few months Trevali Mining (TV-T) has expanded its resource base, changed its name, closed a $10-million financing, and listed on the Lima Stock Exchange. Now, it’s working to get two mines into production over the next 12 months.
After completing close to 70,000 metres of drilling over 160 core holes, Levon Resources (LVN-V) has released an initial bulk tonnage resource on its Cordero silver-gold-zinc-lead project in northern Mexico.
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