With $12.4 million in its pocket Allana Potash (AAA-V) is set to take its potash play in Ethiopia to the next level. The company managed to close a private placement for 24.3 million common shares at a price of 51¢ per share — a 4%…
Vancouver – A long gold hit at Belo Sun’s (BSX-V) Volta Grande project in Brazil has helped boost the project’s potential and the company’s stock price.
For junior miners looking to go public, the TMX presentation on going public in Toronto on Nov. 23 offered some helpful advice. The afternoon’s discussion was carried by a collection of six capital market experts who all agreed that one of the…
Vancouver – Helio Resource (HRC-V) has released an initial resource estimate for its SMP gold project in Tanzania following a season of concentrated drilling on the Porcupine target.
Recent drilling by Hathor Exploration (hat-v) has more than doubled the original resource estimate for the Roughrider uranium discovery on the Midwest Northeast property in Saskatchewan’s Athabasca basin. An updated resource estimate shows…
Designed to improve confidence in the established inferred resource, infill drilling by Tahoe Resources (tho-t) on the high-grade Escobal silver deposit in Guatemala succeeded in expanding the indicated resource to 245 million contained silver…
Vancouver – The last full week of November saw the S&P TSX Venture composite index bounce back over the 2000-point threshold after slipping below it the week before. The index climbed 73.66 points over four days to offset a 12.53-point…
Rubicon Minerals (RMX-T, RBY-X) closed $1.46 higher today in Toronto at $6.06 per share, a gain of 31.74%, on news of a four million ounce inferred gold resource estimate at its Phoenix gold project in Red Lake, Ontario.
The TSX Composite Index was off 39 points to 12,892 points for the Nov. 22-26 despite solid data on retail spending and signs of inflation. Along with such bullish indicators came increased sentiment that the Bank of Canada may begin raising…
The Dow Jones Industrial Average fell 111.55 points or 1% to finish at 11,092.00, while the S&P 500 index slipped 10.33 points or 0.86% to 1,189.40. Nasdaq added 16.44 points or 0.65% to reach 2,534.56. The Philadelphia Gold and Silver…
VANCOUVER — A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of Australian giant BHP Billiton’s (BHP-N) US$39- billi…
Date Nov. 22 Nov. 19 Nov. 18 Nov. 17 Nov. 16 BASE METALS (London Metal Exchange –Midday official cash/3-month prices, US$ per tonne) Al Alloy 2235/2205 2191/2160 2230/2200 2135/2110 2245/22…
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