Odds ‘n’ sods: Making the best of a turndown
In the family room, cocktail hour was sliding into high gear. The telephone rang. My wife answered it and handed me the receiver. “It’s for you.”
2008
Newmac pulls more deep moly at Crazy Fox
VANCOUVER — Newmac Resources’ (NER-V, NEWRF-O) continued efforts at the Crazy Fox molybdenum project, in central B. C., are paying off with long mineralized intercepts.
North American Stock Exchange Indices (May 19, 2008)
52-week Date May 12 May 9 May 8 May 6 May 5 High Low S&P/TSX-Ven Comp 2576.11 2564.01 2539.45 2504.58 2499.14 3373.25 2340.21 TSX Composite 14666.07 14521.19 14607.99 14371.5…
China investing big in Africa (May 19, 2008)
China continues in its race to secure mineral resources in Africa, with a plan to invest more than US$9 billion in the Democratic Republic of the Congo (DRC).
Galway looks to improve Victorio economics (May 19, 2008)
Galway Resources (GWY-V, GWYRF-O) is using the recommendations from a scoping study on its Victorio molybdenum-tungsten project, in New Mexico, to improve the economics of the project in a prefeasibil…
Khan bids for Western Prospector
Khan Resources (KRI-T, KHRIF-O) has made an unsolicited bid for Western Prospector Group (WNP-V, WEPGF-O) to consolidate its position in the Saddle Hills district of Mongolia and to cut costs.
Trevali sees future at old Santander mine
VANCOUVER — Late last year, Trevali Resources (ZINC-C, TREVF-O) purchased the past-producing Santander mine in Huaral province, Peru, and along with it, a 1,000- tonne-per-day mill, a 1,000-person ca…
Chinese, DRC gov’ts forge ‘vast Marshall Plan’
A “sign of the times” development highlighted the week in mining ended May 10, the 19th trading week of 2008.
Ignore equipment firms at your peril
Since the last commodity boom 20 years ago, underinvestment in mining equipment in countries such as the United States, Australia and other mature markets is benefiting companies like Joy Global (JOYG…
TSX VENTURE SHORT POSITIONS (May 19, 2008)
Short positions outstanding at Apr. 30/08 (with changes from Apr. 15/08). Largest Short Positions Peak Gold PIK 4256400 -1430500 Copper Creek CPV 2405000 2405000 Westernzagros WZR …
CANADIAN GOLD MUTUAL FUNDS (May 19, 2008)
Fund name May. 12 May 5 Change Change YTD MER* Assets* ($) ($) ($) (%) (%) (%) (M$) AGF Pr Mtl 27.78 27.33 0.45 1.6 -2.7 2.60 724.7 Altamira Pr & Str Mtl 11.89 11.64 0.25 …
Gemcom taken out by private equity firms for $180M
VANCOUVER–In a commodity supercycle, it pays to remember that mining companies don’t go it alone. Without support and supplies from a whole range of companies, from equipment manufacturers to archite…