Venture starts a comeback over June 14-18
Vancouver – The S&P TSX Venture Composite Index managed to gain every day but one over the June 14-18 peri…
Stock Markets/Investing
Embry touts new gold trust, bullion buying
If you’ve got a lot of money or even just a little, John Embry, chief investment strategist for Sprott Asset Management, says you’d better hold some of it in physical gold.Although the gold guru himself holds 75% of his personal portfolio in…
University of Nevada gets boost from gold miners
Barrick Gold (ABX-T, ABX-N), Goldcorp (GG-T, G-N) and Newmont Mining (NMC-T, NEM-N) have donated US$2.4 million to the University of Nevada, Reno’s mining engineering program. The money will help deve…
Hong Kong Exchange’s new rules for miners
HONG KONG, CHINA — Hong Kong Exchanges and Clearing Ltd. has published its Consultation Conclusions on New Listing Rules for Mineral Companies for both the Main Board and Growth Enterprise Market, an…
Avalon soars on updated REE resource
Shares of Avalon Rare Metals (AVL-T, AVARF-O) rose 11.2% or 23¢ apiece to close at $2.28 on news that an updated resource estimate for its Nechalacho deposit at Thor Lake in Canada’s Northwest Te…
Commentary: Hong Kong Exchange’s new rules for miners
Hong Kong, China — Hong Kong Exchanges and Clearing Ltd. has published its Consultation Conclusions on N…
Venture board has hard week
Vancouver – The second week of June did not start well for the S&P TSX Venture Composite Index, which fell…
TSX finishes June 8-14 period higher
The return of investor confidence over global recovery had the TSX Composite Index finishing the June 8-14 per…
US$322M secured for Copper Mountain
VANCOUVER — International conglomerate Mitsubishi Materials has secured US$322 million in project financing for the Copper Mountain copper project in southwest British Columbia.
Petra borrows US$78M
Leading rough diamond Petra Diamonds (PDL-L) hopes to treble annual diamond production to 3 million carats by 2019 with the help of a US$78 million loan from the International Finance Corp. (IFC) and …
IFC to invest in Argentex Mining
VANCOUVER — Argentex Mining (ATX-V, AGXM-O) has announced a proposed $7.3-million private placement by the World Bank’s International Finance Corp. (IFC) that will help further the development of its…
Silver market strong in 2009: Silver Institute
When the levee breaks, a common safe haven for the investment community is gold. But according to the World Silver Survey 2010, prepared by GFMS for the Silver Institute, despite the financial bedlam …