Thieves cut production at African Barrick
When African Barrick (ABG-L) listed on the London Stock Exchange in March there was a certain amount of optimism in the air.
News
Avanti Mining boosts Kitsault’s NPV (October 25, 2010)
A better long-term outlook for molybdenum prices and a nearly US$200 million decrease in initial and sustaining capital has improved the net present value (NPV) of Avanti Mining’s (avt-v) Kitsault molybdenum project by about US$250 million,…
Marmato drilling shows promise for Medoro
With the objective of expanding and upgrading the multi-million-ounce gold resource at the Marmato project in Colombia, Medoro Resources (MRS-T) continues to deliver some noteworthy intersections in a…
Keegan rising on Esaase results
VANCOUVER — With the price of gold continuing to climb and a 50,000-metre program steadily expanding the gold deposit at its Esaase project in Ghana, Keegan Resources (KGN-T, KGN-X) has seen its shar…
Bear Creek ups silver reserves at Santa Ana
VANCOUVER — Peru-focused Bear Creek Mining (BCM-V, OU6-F) is closer to becoming a serious silver producer with the release of a feasibility study on its Santa Ana project in southern Peru.
Alto jumps on drill results at Coldstream
Drill results released on Oct. 5 from the Coldstream gold project in Ontario buoyed Vancouver-based junior Alto Ventures (ATV-V). Shares of the penny stock ended the day 20% higher at 6¢ on 2.4 m…
Spotlight on safety
As the world celebrated the incredible rescue of 33 Chilean miners trapped underground for 69 days, the death toll from a gas blast that ripped through a coal mine in China’s Henan province rose to 37…
Capital allocation is No. 1 risk: Ernst & Young
Cost management, consolidation and access to capital dominated Ernst & Young’s annual risk list for mining companies last year but this year it is capital allocation that is creating the most comp…
Breakwater, Centerra see end to strike actions (October 25, 2010)
VANCOUVER — Strike action on-opposite sides of the world have ended for Breakwater Resources (BWR-T) and Centerra Gold (CG-T).
TORONTO STOCK EXCHANGE -October 11-15
The TSX composite index continued to show strength on the back of strong commodity prices as the index rose 28 points for the holiday-shortened Oct. 12-15 period to finish at 12,609.07 points.
TSX VENTURE EXCHANGE -October 11-15
For the S&P-TSX Venture composite index, the four-day week following Thanksgiving was marked by record trading volumes that continued the board on its 12-week-long ascent. Over Oct. 12-15 the boar…
U.S. MARKETS (October 25, 2010)
U.S. equity markets were largely unruffled during the Oct. 11-15 trading week with the Dow Jones industrial average advancing 56.3 points or 0.5% to finish at 11,062.78 and the S&P 500 index edgin…