Allana Potash updates resource estimate in Ethiopia
An updated resource estimate based on just 40% of Allana Potash’s (AAA-V, ALLRF-O) licenced land in Ethiopia is better than the company had initially expected.
News
Market downturn hits juniors looking for capital
A faltering U.S. economic recovery, a potential economic cool down in China caused by inflationary pressures and a Greek debt crisis that simply refuses to go away have all translated into a tough start to the year for the junior resource…
Venture Exchange down again
Vancouver – Showing little sign of bucking its trajectory, the S&P TSX Venture Exchange Index closed down for another week with a 36.98 point fall, ending at 1,897.94 points in the June 13 – 17 period. The declines look to have kept some…
Short Position Report
TSX Short Positions Short positions outstanding at June 15/11 (with changes from May…
TSX continues to slide, June 13-17
The TSX Composite Index lost 294.05 points during the June 13-17 trading week to end at 12,789.95 points. The index fell for four out of the five trading days, sliding 2.2%. The drop came as concern over Greece’s debt dampened news that jobless…
U.S. market slump continues, June 13-17
Anxiety about the debt-crisis in Greece and continuing worries about a market correction characterized the June 13-17 trading week, although U.S. equities performed better than they did in the week-earlier session. The Dow Jones Industrial…
Exploration heats up in White Gold district
As the Yukon emerges from the spring melt, investors are once again looking to the territory for exciting news after a winter lull.
McEwen plans to merge US Gold, Minera Andes
Rob McEwen, the largest shareholder of both US Gold (UXG-T, UXG-N) and Minera Andes (MAI-T), plans to combine the two companies to create a dynamic, mid-tier silver producer in the Americas.
Colombia: Still a tough sell
Growing interest in Colombia’s geological potential from resource companies and investors has helped the country become one of the world’s most popular mining destinations.
Orbite produces first test aluminum
Shares in Exploration Orbite (ORT.A-V) have had a wild ride over the last year – moving from a low of 12.5¢ a share in July 2010, to a high of $5.69 on April 12, before slipping to the $3 range during the recent market slowdown.
High grades lift Claude
A high-grade intercept at the Seabee gold project in Saskatchewan lifted shares of Claude Resources (CRJ-T, CGR-X), on a day that the yellow metal itself was climbing high.
Editorial: Resource investors turn on each other
The ship of resource investors sailed deeper into the horse latitudes in mid-June, and cranky shareholders stepped up efforts to toss their mining shares and management teams overboard. Mining shares have broadly fallen or stagnated in recent…