Bema’s losses up, despite higher gold output
Vancouver — Record quarterly revenue and gold production was not enough to quell the red ink for Bema Gold (BGO-T, BGO-X, BAU-L), which posted a first-quarter loss of US$35.5 million, or 8 per share…
2006
Producer and Dealer Prices (May 29, 2006)
TSX Venture Exchange May 16-19
Continued precious and base metal market weakness furthered the bloodletting on the junior board over the holiday-shortened May 16-19 trading session, with the TSX Venture Composite Index falling 8.5%…
Lincoln, Golden Odyssey team in Cortez trend
Nevada-based explorer Lincoln Gold (LGCP-O) has optioned its JDS property in Eureka Cty., Nev., to Golden Odyssey Exploration (GOE-V, GODYF-O)….
U.S. Markets May 16-22
Sharp declines in the early part of the reporting period May 16-22 socked stock markets in the United States, and the mining stocks suffered a large part of the damage. The Standard & Poor’s 500 i…
Daily Metal Prices (May 29, 2006)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…
TSX Venture Short Positions (May 29, 2006)
Short positions outstanding at May 15, 2006 (with changes from April 30)….
CNQ Trading (May 29, 2006)
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Int’l Minerals tops up treasury to develop Rio Blanco
Vancouver — Closure of its $92-million public offering has International Minerals (IMZ-T, IMZLF-O) with funds in hand to advance construction and development of its Rio Blanco gold-silver project in…
Northgate makes hostile bid for Aurizon
Vancouver — As part of a strategy to boost its production profile and market valuation, Northgate Minerals (NGX-T, NXG-X) has launched an unsolicited takeover bid for Aurizon Mines (ARZ-T, AZK-X), a…
Editorial: Mongolian gov’t betrays Western miners
Mid-May saw the executives of the West’s mining and mineral exploration companies mentally move Mongolia from the “promising underdog” column over to the one titled “Third World basket-case” — so joi…
Gold — as good as cash
MINING EXPLAINED…