First Resource On Fronteer’s Long Canyon
Fronteer Development Group’s (FRG-T, FRG-X) has long said that its Long Canyon gold deposit in the heart of the Pequop mountain range in northeastern Nevada may define an entirely new gold trend, and …
News
Tower Hill Raises $10M, Doubles Livengood Drill Program
VANCOUVER — A March financing brought in twice as much as it expected, so International Tower Hill Mines (ITH-V, THM-X) has doubled the size of its drill program at the Livengood gold project in Alas…
People (April 13, 2009)
Archangel Diamond — Tony Guthrie has resigned as a director; Robin Smart appointed a director.
First Quantum Earns US$45.9M In 2008
VANCOUVER — Despite record copper production First Quantum Minerals (FM-T, FQVLF-O) managed to earn just US$45.9 million in 2008 as the plunging copper price forced the company to take major investme…
Noranda Income Fund Cuts Jobs, Production
A drop in zinc and sulphuric acid demand has forced the Noranda Income Fund (NIF. UN-T) to cut 45 jobs at its zinc plant in Salaberryde- Valleyfield, Que.
Aurizon Thrives In Midst Of Downturn
VANCOUVER — Aurizon Mines (ARZ-T, AZK-X) is one of those companies happy to be mining gold.
Toronto Stock Exchange – March 31-ApriL 6
Prime Minister Stephen Harper boasted about the strength of Canada’s resource-heavy economy and sound banking system during the G20 summit in London, UK, that took place during the March 31-April 6 tr…
Great Basin Raises $130M For Burnside Gold Project
Great Basin Gold (GBG-T, GBG-X) is determined to get its Burnside gold project in South Africa up and running by July 2010 and has completed an equity financing to do it.
Quebec Promises Northern Highway Improvements
Mining and exploration companies are elated that the Quebec government has set aside about $698 million for road infrastructure projects in the province’s north.
TSX Venture Exchange – March 31-April 6
Over the March 30-April 6 trading period the S&P TSX Venture Composite Index saw three days of gains half erased by two days in the red, leaving the board up just 17.97 points by the end of the pe…
LME Warehouse Levels (April 13, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Apr. 7, 2009 (change from Mar. 31 in brackets):
Endeavour Silver Boosts Revenues, Production
Endeavour Silver (EDR-T, EXK-X) seemed to defy gravity last year with revenues up 22% to US$39.3 million, production up 10% to 2.3 million oz. silver, and cash costs that fell 4% to US$9.03 per oz. si…