TSX VENTURE EXCHANGE APRIL 27-MAY 3
The market remained unsure of its next move over the April 27-May 3 trading week, alternating between gains and losses each day to close the period down 7.31 points at 1665.54. Daily trading volumes r…
News
U.S. MARKETS APRIL 27-MAY 3
Despite continued fears that a rescue package for Greece will not prevent the sovereign debt crisis from spreading, U.S. equity markets showed signs of life during the April 21-May 3 reporting period,…
PGM outlook good for Canadian companies (May 10, 2010)
Platinum and palladium have made quite the comeback recently and analysts are forecasting that prices will remain strong going forward.This is good news for a few Canadian companies like North American Palladium (PDL-T, PAL-X), with its…
New tax raises miners’ ire in Australia (May 10, 2010)
Australia’s reputation as a mining-friendly country with a stable tax regime was thrown into doubt after the national government announced plans to create a new tax that specifically targets miners in…
Imperial grows Red Chris significantly (May 10, 2010)
VANCOUVER — With just 22 drill holes, Imperial Metals (III-T) has dramatically increased the contained metal count at its Red Chris project in northwest British Columbia, adding 2.7 billion lbs. copp…
Timmins Gold starts up San Francisco mine
Timmins Gold (TMM-V) has started commercial production at the San Francisco gold mine, a past-producing open-pit heap-leach operation in the Arizona-Sonora Desert in the northern portion of the Mexica…
ABB to provide electrical equipment at Toromocho
SUPPLIERS NEWS
CAE snaps up Datamine Group
CAE (CAE-T, CAE-N) has acquired mining software developer Datamine Group, gaining what it calls a strategic link to the mining industry.
Volta Resources pulls golden core from Kiaka
VANCOUVER — A drill program aimed at defining a maiden resource at the Kiaka project in Burkina Faso continues to produce near-surface lengths of gold mineralization for Volta Resources (VTR-T).
Tax news wallops Aussie miners
Australia arguably slipped from being a pro-mining country to an anti-mining one in early May, as the left-leaning federal government there unveiled sweeping plans to change the island nation into one…
Taking stock of Quebec’s new mining taxes
The Quebec Finance Minister Raymond Bachand’s budget on March 30, 2010, significantly revamped the Quebec mining duty regime with a view to mitigating the provincial deficit.
PEOPLE (May 10, 2010)
Alcoa– Klaus Kleinfeld appointed chairman and CEO replacing Alain Belda, who retired; Judith Gueron appointed lead director; Arthur Collins elected a director; Jim Owens named chairman of the audit c…