Toronto Stock Exchange October 9-15
The TSX Composite Index finished the Oct. 9-15 trading period down, if only slightly, as it lost 2.06 points to finish at 14,231.28. The losses stemmed from poor performance in the financial sector as…
2007
U.S. Markets October 9-15
Uncertainty dominated equity markets in the U.S. during the period Oct. 9-15, with several items of good earnings news countered by rising crude oil prices. The Dow Jones Industrial Average did touch …
TSX Venture Exchange October 9-15
It was a bull week for the S&P-TSX Venture Composite Index as the junior board posted gains every day over the Oct. 9-15 trading session to close up 156.84 points at 3,014.41. Average daily tradin…
Protestors stop Salazar’s drills
News that protestors had ransacked Salazar Resources’ (SRL-V, SRLZF-O) Curipamba gold and silver exploration project in Ecuador gave the market a shock, but the company insists the incident was not co…
Otish basin seeing increased activity
Uranium exploration activity is at a 25-year high in the Otish sandstone basin of north-central Quebec. While that would probably still be true if one prospector was carrying a scintillometer, the dis…
JNR and Altius stake claims in Newfoundland
In one of the largest staking campaigns for uranium ever undertaken in eastern Canada, JNR Resources (jnn-v, jnrrf-o) has teamed with Altius Minerals (ALS-T, ATUSF-O) to stake more than 10,500 claims …
Aguila copper-moly targets show promise
Vancouver — New exploration at an old site is proving productive, as joint-venture partners Duran Ventures (DRV-V, DUVNF-O) and MacMillan Gold (MMG-V, MMEEF-O) are learning from the first drill resul…
LME Warehouse Levels (October 22, 2007)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 15, 2007 (change from Oct. 8 in brackets):
Pele drilling confirming Elliot Lake resource
Pele Mountain Resources (GEM-V, PMNHF-O) expects to see results of a scoping study on the company’s Elliot Lake uranium project soon, following a successful infill drilling campaign.
Rusoro ropes Gold Fields properties
Vancouver — Having inked a deal to purchase all of Gold Fields’ (GFI-N, GFI-J) mineral projects in Venezuela, including the Choco 10 gold mine, Rusoro Mining (RML-V, RMLFF-O) is jumping to producer s…
Khan, Western Prospector mull shared infrastructure
Vancouver — Neighbouring uranium explorers Khan Resources (KRI-T, KHRIF-O) and Western Prospector Group (WNP-V, WEPGF-O) are looking at collaborating on government-related issues and development of t…
Sleeping giant?
Cadiscor Resources (CAO-V, CADRF-O) has signed an option agreement to acquire Iamgold’s (IMG-T, IAG-N) Sleeping Giant mine and milling facilities in Quebec’s Abitibi region, located 70 km west of its …