Monument makes it happen in Malaysia
SITE VISIT KUALA LIPIS, MALAYSIA — True believers will persevere in the face of adversity. When the believers are mine builders, the recession of 2008-09 was the picture of adversity…
Volume 96 Number 44 - Dec 20 - 26, 2010
Rival royalty firms to merge (December 20, 2010)
Franco-Nevada (FNV-T), the world’s largest resource royalty company with interests in gold, oil and gas, is beefing up its precious metals portfolio through a friendly takeover of Gold Wheaton Gold Co…
TNM Mining Persons of the Year: Ryan, Wood renew Yukon gold rush
Fourteen years ago Shawn Ryan and Cathy Wood were tromping around British Columbia, picking wild mushrooms. They loved the lifestyle, in large part because of its gold rush-style mentality: “You’d hav…
TORONTO STOCK EXCHANGE -December 6-10
The TSX composite index was up 60.52 points to finish the Dec. 6-10 period at 13,239.47, marking the second consecutive weekly gain as both Canada and the U.S. posted better-than-expected trade data.
TSX VENTURE EXCHANGE -December 6-10
The Dec. 6-10 period saw the S&P TSX Venture composite index end up 14.37 points at 2124.30. Volume was in line with recent weeks, averaging 175 million shares traded daily. The bears-to-bulls rat…
U.S. MARKETS -December 6-10
The Dow Jones industrial average inched up 28.23 points to close the week at 11,410.32, while the S&P 500 rose 15.6 points to 1,240.40. The Nasdaq advanced 46.08 points to finish at 2,637.54. The …
Ratel Gold to be King-king maker
VANCOUVER — For the second time this year, CGA Mining (CGA-T, CGX-A) is spinning off its African assets to focus on the Philippines.
Roughrider East delivers for Hathor
Now that all assay results have been received from its summer drill program on the Midwest Northeast uranium property in Saskatchewan’s Athabasca basin, Hathor Exploration (HAT-V) believes the Roughri…
Oyu Tolgoi back on track with Ivanhoe-Rio deal (December 20, 2010)
VANCOUVER — The Oyu Tolgoi partners have signed a deal that gives Ivanhoe Mines (IVN-T) access to as much as US$6.5 billion to keep construction on track while giving Rio Tinto (RTP-N, RIO-L) an incr…
Worldwide nonferrous exploration budgets rise
The following is from the Metals Economics Group’s 21st Corporate Exploration Strategies study.
PEOPLE (December 20, 2010)
Anglo Swiss Resources — David Constable appointed a director.
SPOT PRICES (December 20, 2010)
COURTE SY OF SCOTIABANK