Exploration heats up in White Gold district
As the Yukon emerges from the spring melt, investors are once again looking to the territory for exciting news after a winter lull.
Volume 97 Number 18 Jun 20 - 26, 2011
Colombia: Still a tough sell
Growing interest in Colombia’s geological potential from resource companies and investors has helped the country become one of the world’s most popular mining destinations.
Market news
Toronto Stock Exchange
Spot prices
Tuesday, June 14, 2011
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 13, 2011 (change from June 6 in brackets):
McEwen plans to merge US Gold, Minera Andes
Rob McEwen, the largest shareholder of both US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T), plans to combine the two companies to create a dynamic, mid-tier silver producer in the Americas.
High grades lift Claude
A high-grade intercept at the Seabee gold project in Saskatchewan lifted shares of Claude Resources (CRJ-T, CGR-X), on a day that the yellow metal itself was climbing high.
Orbite produces first test aluminum
Shares in Exploration Orbite (ORT.A-V) have had a wild ride over the last year – moving from a low of 12.5¢ a share in July 2010, to a high of $5.69 on April 12, before slipping to the $3 range during the recent market slowdown.
Editorial: Resource investors turn on each other
The ship of resource investors sailed deeper into the horse latitudes in mid-June, and cranky shareholders stepped up efforts to toss their mining shares and management teams overboard. Mining shares have broadly fallen or stagnated in recent…
Obituary: Remembering ‘Jimmy Mac’ McDougall
James John (Jim) McDougall died in April at 86 years old.
Metals commentary: Solar energy to charge demand, says Silver Institute
The following is an edited excerpt from a release by the Silver Institute. For more information, visit www.silverinstitute.org.
Two workers killed at Vale’s Stobie mine in Sudbury
The two workers killed June 8 from falling debris at Vale’s (VALE-N) Stobie underground mine in Sudbury, Ont., had worked for the company for many years. Jason Chenier, 35, and Jordan Fram, 26, were working 900 metres underground near an ore…