Venture rises in Feb. 28 to March 4 period
Vancouver – Continued unrest in the Middle East and rising commodity prices helped the S&P-TSX Venture composite index up 64.21 points between Feb. 28 and March 1 to close at 2,439.83.
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TSX up in Feb.28 to March 4 period after stumble
The TSX composite index rose 200.65 points in the Feb. 28 to March 4 period to recover from its late February dip and end at 14,252.77 points. The capped metals and mining index managed to gain 25.71 points to end at 1,463.86, its first period…
US markets steady in Feb.28 to March 4 period
U.S. equities failed to make up much ground in the Feb. 28 to March 4 period after losses the period before, but they also managed not to lose more ground as oil prices stayed high and mid-east instability continued. The S&P 500 eked out a…
Securities class actions hitting mining companies hard (March 07, 2011)
A disproportionate number of mining companies have been subject to securities class actions in recent years in Canada. Each action raises different facts and complaints about “misleading” disclosure. The impact on stock price and the resulting…
All eyes on M&A: PwC’s five deal trends to expect in 2011
The mining sector was thrust into the media spotlight in 2010 as the number of mining mergers and acquisitions (M&A) hit an all-time high. A new PricewaterhouseCoopers (PwC) report tracked 2,693 global mining M&A deals worth US$113…
Keegan ramps up exploration in 2011
After delineating nearly five million ounces of gold at its Esaase project in Ghana, Keegan Resources (KGN-T) is continuing to intersect mineralization as it tests both downdip and strike extensions of known zones.
Nyrstar’s meteoric rise as a miner
Born of two established metals companies as a pure smelting play in 2007, Brussels-listed Nyrstar has since grabbed a commanding position in the zinc supply chain with no signs of slowing down.
Colombia’s gold growing pains
The administration of former President Alvaro Uribe (2002-2010) opened the door to modern mining in Colombia. It was political foresightedness that is bearing fruit as various mineral projects advance to resource estimates and prefeasibility…
Peregrine and BHP gear-up to resume exploration at Chidliak
While final details of this year’s upcoming diamond exploration program are still being worked out by joint-venture partners Peregrine Diamonds (PGD-T) and BHP Billiton (BHP-N, BLT-L), the 2011 program at Chidliak will be similar in scope to…
Pebble PEA makes a big splash (March 07, 2011)
February was a busy month for Northern Dynasty Minerals (NDM-T, NAK-X) and Anglo American (AAL-L) at their gigantic Pebble copper-gold-molybdenum project in southwest Alaska, said by many to be one of the largest undeveloped copper-gold…
New GoldQuest execs bring extensive Dominican experience
GoldQuest Mining (GQC-V) has undergone significant management changes as it prepares to advance its prospects in both the Dominican Republic and Spain.
Great Basin opens Burnstone gold mine (March 11, 2011)
In July 2006, Great Basin Gold (GBG-T) started building its Burnstone gold mine in South Africa, looking to be the first new gold producer in the Witwatersrand basin in 30 years.