On the back of its flagship 5-million-oz. Rainy River project in northwestern Ontario, Rainy River Resources (RR-V) has closed a $75-million bought deal financing just as gold is starting to lose a little of its lustre. The private placement,…
Taseko Mines’ (TKO-T, TGB-X) may have been knocked down by the Federal government’s ruling against its Prosperity mine, but that doesn’t mean the company has been knocked-out.
If you ask Marc Blythe, president and chief executive of Tarsis Resources (TCC-V), there aren’t many companies like his that are looking for new projects in the Yukon.
Investors snapped to attention when drilling at the Tiger Zone in the middle of Atac Resources’ (ATC-V) Rau gold property in the Yukon started yielding intercepts of 38.8 metres of 17.1 grams gold per tonne from 33 metres depth,…
Vancouver – The shortened first week of trading in the New Year saw the S&P TSX Venture Exchange experience a slight hangover after the holiday rally, down 62.46 points between January 4 and 7 to end the period at 2225.39 points.
The resource-heavy TSX closed out its first week of the New Year for a loss as commodity prices pulled back from record territory on generally positive U.S. economic news that sent gold into a tailspin. However, by the end of the week, stocks…
The first trading week of the New Year saw the Dow Jones Industrial Average edge up 97.25 points or 0.8% to 11,674.76 while the S&P 500 index rose 13.86 points or 1.1% to 1,271.50. The Nasdaq Composite was up 50.3 points or 1.9% to…
Four months after he was hired as managing director and chief executive of Coalspur Mines (cpt-t, cpl-a) Gene Wusaty was still working out of his home and a local coffee shop in Calgary and putting business expenses on his personal credit card.
In this Technical Analysis Report we re-visit the Commitments of Traders (COT) report, supplied by the U.S. Commodity Futures Trading Commission to see if any metals appear ready to make a significant move.
At the opening bell on Dec. 30, 2010, Shear Minerals began trading on a consolidated basis under the new name of Shear Diamonds (srm-v).At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1 rollback…
Revised offers in the dwindling hours of 2010 from both Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (mt-n) for junior Baffinland Iron Mines (bim-t) have grabbed the headlines in the first week of 2011. Nunavut Iron Ore,…
Despite all the geopolitical and economic jitters around the world, 2010 proved to be a sweet year for commodities investors.
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