U.S. Markets October 24-30
Continuing to set new records, the Dow Jones Industrial Average touched a lofty high of 12,167 before closing the Oct. 24-30 session down 30.41 points at 12,086.5. The broad market S&P 500 Index h…
2006
Barrick boosts NovaGold bid
Vancouver — Barrick Gold (ABX-T, ABX-N) has increased and extended its takeover bid for NovaGold Resources (ng-t, ng-x), now offering US$16.00 per share until Nov. 7.
Editorial: We’ll think no more of Inco. . .
October marked the beginning of a new era for Canadian mining, with the absorption of the iconic Canadian nickel miner Inco into the Brazilian base metals behemoth, Companhia Vale do Rio Doce.
Rainy River pulls wide high-grade gold intercepts
Vancouver – Rainy River Resources (RR-V, RRFFF-O) has turned in a number of significant drill intercepts from its n…
Barrick’s profits up
Barrick Gold (ABX-T, ABX-N) reported substantially higher third quarter profits of US$405 million (US$0.46 per shar…
Short Position Report (November 03, 2006)
TSX Short PositionsTSX Short Positions
Cumberland lines up $86.9-million financing
Vancouver – Cumberland Resources (CLG-T, CLG-X) has arranged an $86.9-million bought-deal financing earmarked for d…
Aquila finds more sulphides
Drilling by Aquila Resources (AQA-V) at the Back Forty project in Menominee Cty., Michigan, has intersected gold an…
Belahouro numbers positive
Goldbelt Resources (GLD-V, GLDDF-O) is ready to start pre-production work at its Belahouro project in north-central…
Taseko tables bid for bcMetals
Vancouver – Taseko Mines (TKO-T, TGB-X) has waded into the foray to acquire bcMetals (C-V, BMTLF-O), intending a $1…
Alexco’s silver intersects in the Yukon
Assay results from Alexco Resource’s (AXR-T) Keno Hill project in the Yukon sent the Vancouver-based company’s shar…
San Gold drifts into high-grade vein
Vancouver – Upstart miner San Gold (SGR-V, SGRCF-O) was dealt a pleasant surprise after tying into a high-grade sec…