Allied Nevada To Expand Hycroft Gold Production
The commissioning phase of the recently reopened Hycroft gold mine near Winnemucca, Nev., will be completed by the middle of the year and Allied Nevada Gold (ANV-T, ANV-N) says it expects the mine wil…
News
Adex Advances Tin-Indium-Zinc Project In New Brunswick
Adex Mining (ADE-V, ADXDF-O) has a new resource estimate for the North zone at its Mount Pleasant tin-indium-zinc project in Charlotte Cty., N. B., about 80 km south of Fredericton.
South Koreans Stick With Nanika On BC Moly Project
VANCOUVER — Nanika Resources( NKA-V) is forming a joint-venture company with South Korean partners Palm Clean Energy and Daewon Chemicals for its Lucky Ship molybdenum property in central B. C.
People (April 27, 2009)
Axmin — Francois Auclair appointed VP of exploration; Jonathan Forster has resigned as VP of exploration.
U.S. Markets – April 14-20
In recent days, a number of public officials in the United States have expressed optimism that the economy may be starting to turn the corner, or at least that the rate of the economy’s decline is set…
Toronto Stock Exchange – April 14-20
A large selloff at the start of the week brought the TSX composite index down overall for the April 14-20 reporting period. The index lost more than 100 points to finish at 9,126.15 after the latest b…
TSX Venture Exchange – April 14-20
The S&P/TSX Venture composite index flirted heavily with the 1,000-point mark during the April 14-20 trading period. The Venture board closed up 5.43 points to 980.86 points with daily volume aver…
LME Warehouse Levels (April 27, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Apr. 21, 2009 (change from Apr. 14 in brackets):
Century Chooses US$65M Debt Financing Option
After looking at several financing alternatives to get its Lamaque gold mine in Quebec back into production, Century Mining (CMM-V, CMNZF-O) is resorting to debt financing of US$65 million and a furth…
Copper Recovery Expected In Early 2010: Conference
Although the market looks grim in the short term, experts suggest a recovery in the copper price is in the cards as early as next year.
Spot Prices (April 27, 2009)
COURTESY OF SCOTIABANK
Canada’s CFOs Honour Agnico’s Garofalo
Canada’s financial community came out in force to a black-tie gala in Toronto during the fifteenth trading week of the year to bestow Agnico-Eagle Mines’ David Garofalo with the title “Canada’s CFO of…