Gold Hawk restructures debt
Shares of Gold Hawk Resources (CGK-V) bounced 75% today on news the junior had restructured its debt in the nick of…
News
Century Mining to sell $66 million gold-based financing
Century Mining (CMM-V) has joined a growing group of mining companies that are trying to weather the financial stor…
Positive Feasibility For Banro’s Twangiza Project
Banro’s (BAA-T, BAA-X) wholly-owned Twangiza project in the Democratic Republic of the Congo will produce about 320,000 oz. gold per year at an average operating cash cost of US$274 per oz. for the fi…
U. S. Markets – Jan. 20-26
U. S. President Barack Obama’s first week in the Oval Office did not calm the jitters on Wall Street. The markets continued to lose ground over the Jan. 20-26 trading period. The Dow Jones Industrial …
Toronto Stock Exchange – Jan. 20-26
The S&P/TSX composite index lost 185 points, or 2.1%, to 8,657 during the Jan. 20-26 trading session, with the Capped Metals and Mining index dropping 2 points, or 0.8%, to 265; and the Capped Mat…
TSX Venture Exchange – Jan. 20-26
As Barack Obama was inaugurated in the United States and the price of gold gained more than US$70 per oz., the S&P/TSX Venture composite index saw another week of small gains and losses. At the en…
Oromin Advances Sabodala
VANCOUVER — A 140,000-metre drilling effort in 2008 is paying off for Oromin Explorations (OLE-T, OLEPF-O): the company has delineated six mineralized zones at its Sabodala project in eastern Senegal…
TSX Venture Short Positions (February 02, 2009)
Short positions outstanding at Jan. 15/09 (with changes from Dec. 31/08).
Exchange Rates (February 02, 2009)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Jan. 26 Jan. 23 Jan. 22 Jan. 21 Jan. 20 US$ in C$ 1.2205 1.2480 1.2630 1.2741 1.2605 C$ in US$ 0.8193 0.8013 0.7918 0.7849 0…
Barrick Holds Strong In Tanzania
Barrick Gold’s (ABX-T, ABX-N) North Mara mine in Tanzania has had its share of problems.
Velocity Finding New Moly In Cassiar
VANCOUVER–The historic northern British Columbia mining town of Cassiar has a new resident: another junior exploration company searching out new riches in an old stomping ground.
TSX Short Positions (February 02, 2009)
Short positions outstanding at Jan. 15/09 (with changes from Dec. 31/08).