Caledonia sees 102% rise in 2011’s gold output
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%.
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Infill results drive Hana higher
Shares of Hana Mining (HMG-V) closed 7.2% higher at $1.49 per share after the company reported some of the best intercepts yet of copper-silver mineralization in the Banana Zone at the company’s Ghanzi project in Botswana.
Alacer celebrates a year with stellar results
Roughly a year after it was forged out of the merger of Anatolia Minerals and Avoca Resources, Alacer Gold (ASR-T) showed the market that its operations are humming along, and that its aggressive exploration program could be set to pay near…
Western Australia to expand Esperance port
The government of Western Australia’s decision to expand capacity at the Esperance port will benefit companies like Macarthur Minerals (MMS-T, MMSDF-O) and others active in the emerging iron ore sector in the Yilgarn area.
Venture rises in January 16-20 period
Vancouver – The S&P TSX Venture Composite Index climbed 35.31 points in the January 16 to 20 trading period to end at 1,571.34 points after four days of gains and one day of losses. Volume would have averaged almost 100 million shares…
TSX climbs as Greece gets handle on debt woes
Word that Greece could finally be approaching an end to its debt catastrophe helped lift global markets for the Jan. 16-20 period and the TSX Composite Index was no exception as it gained 165 points to finish at 12,397.10 points.
Crocodile applauds Luxor’s higher offer
Luxor Capital Group has increased its partial offer for Crocodile Gold (crk-t), which operates gold mines in Australia. The New York-based investment company has raised its bid from US56¢ a share to US62¢ to buy 215.4 million…
U.S. equities edge higher, Jan. 16-20
Signs that Greece was nearing a deal with private bond holders and better-than-expected GDP growth in China were the key events marking the Jan. 16-20 trading week. China’s economy grew 8.9% in the fourth quarter of 2011, down from 9.1% in the…
Quest moves higher on drill results
Shares of Quest Rare Minerals (QRM-V, QRM-X) closed 25% higher at $3.23 per share on Jan. 12 after the junior announced that heavy rare earth oxides represented 22.4% to 76.5% of rare earth oxides intersected during the company’s Strange Lake…
Inmaculada project looking good for Hochschild and Int’l Minerals
International Minerals (IMZ-T) has received a positive feasibility study for its 40%-owned Inmaculada underground gold-silver project in southern Peru, where it anticipates annual gold and silver production totalling 194,000 oz. gold-equivalent…
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Tuesday, Jan 17, 2012