North Country rises 45% on Nunavut gold hits
VANCOUVER — When the first results from the first drill program of a newly-listed company include hits like 42 metres of 5.88 grams gold per tonne, the market usually responds. And that is exactly wh…
Volume 96 Number 24 - Aug 2 - Aug 8, 2010
Goldcorp enlists Cabo Drilling for Hollinger
North Vancouver-based Cabo Drilling (CBE-V) has snagged a contract with Goldcorp (G-T, GG-N) to drill 5,000 metres at the company’s Hollinger gold mine in Timmins, Ont.
TORONTO STOCK EXCHANGE JULY 19-23
The markets were positive around the globe over the July 19-23 trading period and Toronto was no exception. The TSX composite index rose 1.4%, or 160.35 points, to 11,730. Strong economic reports in E…
TSX VENTURE EXCHANGE JULY 19-23
The S&P/TSX Venture composite index managed four days of straight gains following an early week dip to close up 15.49 points at 1,394.98. Daily trading volumes increased for another week, averagin…
U.S. MARKETS JULY 19-23
U.S. equities were looking a little rosier during the July 19-23 trading week. The Dow Jones industrial average climbed 326.73 points or 3.24% to close at 10,424.62, while the S&P 500 index advanc…
AQM, Teck re-jig Zafranal deal
VANCOUVER — The long copper hits coming out of the Zafranal project in southern Peru are starting to define a sizable zone of mineralization and the success has prompted its owners AQM Copper (AQM-V)…
Grupo Mexico to merge Asarco, Southern Copper
One of Mexico’s biggest natural resource company’s, Grupo Mexico, wants to unite two of its affiliates to create a behemoth in the copper world.
Sage Gold explores Nevada, Timmins
Three years ago Sage Gold (SGX-V) had a market capitalization of about $40 million. Today the figure stands at about $6 million but the junior’s president and chief executive Nigel Lees believes that’…
Kinross Gold sells Diavik stake
Diamonds have been kind to Kinross Gold (K-T, KGC-N).
Aurizon Mines gets busy in July
July has been a busy month at Aurizon Mines (ARZ-T, AZK-N). On July 5, the Vancouver-based gold producer unveiled that it had significantly updated its resource for the Hosco gold deposit on its Joann…
PEOPLE (August 02, 2010)
Sinchao Metals — Bruce Ramsden appointed VP of finance and CFO.
Molycorp to raise $240M in IPO for REE mine
Molycorp, owner of the Mountain Pass rare earth element (REE) mine in California, is going ahead with an initial public offering (IPO) topping US$420 million so it can ramp up North America’s only cur…