Semafo Posts Record Financial, Operational Results
It may have been a year many companies would prefer to forget, but 2008 was one of the best years in Semafo’s (SMF-T, SEMFF-O) history.
News
Bigger Is Better For Juniors Magellan And Chapleau
Junior explorers Magellan Minerals (MNM-V, MAGNF-O) and Chapleau Resources (CHI-V, CHRRF-O) believe they’d be better off if they combined their exploration and development efforts in northern Brazil.
Spot Prices (April 13, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (April 13, 2009)
Antimony: Mid-mkt US$4,250/t.
Capella Stock Soars On Lajitas Gold Intercept
Capella Resources (KPS-V) has intersected 105 metres of 1.59 gram gold per tonne in a drill hole on its Lajitas project in the Maricunga district of the Andes in northern Chile. The intercept starts a…
Paramount Gold And Silver Trades Major Stake For $9M
VANCOUVER–Through a $9-million financing, Paramount Gold and Silver (PZG-T, PZG-X) is selling as much as a quarter of the company to Toronto-based FCMI Financial.
Silver Wheaton To Consolidate Grip On Industry
Silver Wheaton’s (SLW-T, SLW-N) proposed acquisition of Silverstone Resources (SST-V, SVRCF-O) will give it immediate production and cash flow from a number of low-cost mines in politically stable cou…
Daily Metal Prices (April 13, 2009)
Date Apr. 6 Apr. 3 Apr. 2 Apr. 1 Mar. 30 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy 1310/1350 1270/1300 1235/1270 1201/1240 1240/1240 …
North American Stock Exchange Indices (April 13, 2009)
52-week Date Apr. 6 Apr. 3 Apr. 2 Apr. 1 Mar. 31 High Low S&P/TSX-Ven Comp 963.17 975.59 978.27 970.09 956.81 2735.30 678.62 TSX Composite 9016.17 9065.76 9073.14 8941.82 8…
Denison Records US$80M Loss
VANCOUVER — The economic downturn has hit the uranium market hard and Canadian producer Denison Mines (DML-T, DNN-X) is feeling the pinch. In recent months, the company reported a 2008 loss of US$80….
Ventana Extends La Mascota To 725 Metres, Raises $6M
When the first set of drill results from Ventana Gold’s (VEN-T) La Bodega gold project in Colombia came in, CEO Richard Warke says no one could believe it.
ABB To Supply Electrical Gear For Vale Plant
Power and automation supplier ABB (ABB-N) has signed a US$62- million deal with Vale (RIO-N) to supply electrical equipment to the company’s Oman Industrial Complex project, in the Middle Eastern coun…