A 50% increase in indicated resources at the Bakyrchik deposit “bodes well” for the definitive feasibility study that is due out in the second quarter of 2011, Altynalmas Gold and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q) say.
Since joining the ranks of gold producers in 1991, Richmont Mines (RIC-T, RIC-X) has produced more than 1.2 million ounces of gold from its operations in Quebec, Ontario and Newfoundland and by the middle of this year expects to add production…
TSX Short Positions Short positions outstanding at Feb. 15/11 (with changes from Jan….
By looking only at the TSX Composite Index, the recession would appear to be miles away. The Index was up 2% or 288 points for the Feb. 14-18 and actually got within 6% shy of the 15,000 level that it peaked at before the recession hit.
While unrest in several countries in the Middle East and in Libya in particular put pressure on global markets and drove some investors out of riskier assets like equities in search of safer havens, U.S. stock markets overall proved remarkably…
Cape Town, South Africa – The mood at the 2011 Mining Indaba conference in South Africa was markedly upbeat as the industry experiences booming growth, but the host nation was left wondering how it had missed out.
Vancouver – The S&P TSX Venture Exchange made respectable gains in the Feb. 14-18 week, up 66.12 points after climbing all five days to close at 2423.68 points. Volume averaged 202 million shares traded daily, while 143 companies hit…
Rising food prices have turned the conversation in many mining circles to increases in potash demand. Potash juniors have benefited as a result, and have ranked as some of the best performers on the TSX Venture Exchange over the last month.
As alternative investment platforms continue to take business from traditional stock exchanges, the London Stock Exchange Group (LSE-L) and TMX Group (X-T) are looking to stem the tide by creating their own global trading juggernaut.
Just three years after acquiring the Haile deposit in South Carolina, Romarco Minerals (R-T) has completed a positive feasibility study that demonstrates the project would have one of the lowest operating costs and highest grades of any…
Cliffs Natural Resources (CLF-N) is warning that high electricity rates in Ontario are forcing it to widen its search for a location to build a proposed ferrochrome production facility that will use a closed electric arc furnace to treat ore…
U.S. politics veered into the surreal in mid-February, as U.S. President Barack Obama unveiled a deficit-laden, US$3.73-trillion budget proposal for fiscal 2012 that completely ducks the critical issue of unsustainable spending by the U.S….
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