Flinders sees upside in Swedish graphite revival
VANCOUVER — Just outside the small town of Edsbyn in central Sweden sits the idle Kringel graphite mine, which represents a prime opportunity according to Vancouver-based Flinders Resources (FDR-V).
News
Technical Analysis Report: Uranium stocks show signs of life
Ever since the great bull-run in uranium prices leading into 2008 investors have been waiting for the second leg up.
Iamgold ‘not bailing’ on Ecuador: INV
Headlines in the mainstream media that Iamgold (IMT-T, IAG-N) is giving up on Ecuador are fundamentally incorrect, Candace MacGibbon, president and chief financial officer of junior explorer INV Metals (INV-T), tells The Northern Miner.INV…
Market News
TORONTO STOCK EXCHANGE
TSX Venture Exchange
The S&P/TSX Venture Composite Index declined for another week, though losses were limited to 15.04 points after a late rebound that had the index close the period at 1,190.99 points. Volume climbed by a few million compared with the week…
US markets
U.S. equities jumped late in the week on news that European leaders agreed to distribute rescue funding directly to troubled national banks, which marked a victory for Spain and Italy, where borrowing costs where hitting dangerous levels…
Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankFriday, July 3, 2012 Precious MetalsPrice…
Short position reports
TSX Short Positions Short positions outstanding at June 15/12 (with changes from May 31/12).Largest Short Positions SecurityTickerTotal…
Semafo hits new gold zone in Niger
Taking the time to have a look through old data has led to a new discovery for Semafo (SMF-T). The Montreal-based, West Africa-focused miner found a new mineralized trend at Samira Hill in Niger after pouring over a patchwork of historical…
RCMP investigates Cardero’s activities in Ghana
Despite promising early results from its Sheini iron ore project in Ghana, Cardero Resource (CDU-T) could be facing a few legal headaches.The Royal Canadian Mounted Police (RCMP) has launched an investigation into how Cardero won the…
People
Allana Potash — Richard Kelertas appointed senior VP of corporate development.American Vanadium — Ron Espell appointed VP of environmental.Atico Mining — Fernando Ganoza appointed CEO.Augusta Resource — Raghunath…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 2 June 29 June 28 June 27 June 26 US$ in C N/A 1.0191 1.0333 1.0257 1.0265 …