TSX gains for seventh straight week
The S&P/TSX Composite Index closed the Jan. 30-Feb. 3 trading period at 12,577.28 points, a 110.78-point gain, marking its seventh consecutive weekly advance.
News
Venture sees steady gains throughout January
Vancouver – The S&P TSX Venture Composite Index continued its steady January climb into early February, finishing the January 30 to February 3 period up 36.2 points at 1,665.11 points. The gains put the index back to a level not seen since…
Entourage gets first sniff of high-grade gold near Hemlo
Entourage Metals (EMT-V) has added a second drill rig to its Black Raven gold prospect in the Schreiber-Hemlo greenstone belt of northern Ontario following encouraging first-pass drill results.
Calibre and B2Gold hit long gold intercepts in Nicaragua
Calibre Mining’s (CXB-V) share price jumped to 50¢ from 19¢ with 42.5 million shares traded over two days after it announced three long gold-copper intercepts from its Primavera prospect in northeastern Nicaragua. B2 Gold (BTO-T)…
Editorial: Another death at Vale’s Sudbury mines
The month of January closed out with Vale having temporarily halted all underground mining at its five nickel mines in Sudbury, Ont., following the death of a miner at the Coleman mine on Jan. 29.
Commentary: Integrating geophysics and geology
There always has been, and still is, a problem integrating geophysics into geology.
Premier Clark promises certainty, efficiency in BC
British Columbia Premier Christy Clark highlighted a reduced permitting backlog and improved conditions for the mineral industry at AME BC’s Jan. 25 Roundup luncheon.
Rex Murphy gives pep talk at Roundup
The 29th annual Association for Mineral Exploration BC Roundup conference wrapped up in Vancouver with a record 8,320 delegates in attendance.
Market news
Toronto Stock Exchange
Spot prices
Tuesday, Jan 31, 2012
LME warehouse levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 30, 2012 (change from Jan. 23 in brackets):
Caledonia boosts Blanket output, targets more gold in 2012
Caledonia Mining (CAL-T, CMCL-L) says total gold production for 2011 more than doubled at its Blanket mine in southwestern Zimbabwe, pushing its stock up nearly 9%.