TORONTO STOCK EXCHANGE JUNE 24-26
The TSX lost ground during the June 24-26 trading session, with the S&P TSX Composite Index falling 117 points, or 0.8%, to 14,292, in sympathy with a drop on Wall Street. Mining and materials sto…
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INTERNATIONAL QUOTES (July 07, 2008)
Australia (A$) June 24 June 17 Change Bendigo Mining 0.28 0.30 -0.02 Centamin Egypt 1.15 1.24 -0.09 Kingsgate Cons. 5.28 5.50 -0.22 Lion Selection Ltd 1.88 1.82 0.06 …
Eastmain raising $14M for Eau Claire
VANCOUVER–You might say Eastmain Resources (ER-T, EANRF-O) has a golden touch: the company recently announced visible gold in 34 of 51 holes drilled during its 2007 program at its Eau Claire deposit,…
PEOPLE (July 07, 2008)
Alberta Star Development — Michael Bersch appointed chief geologist.
LME WAREHOUSE LEVELS (July 07, 2008)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 26, 2008 (change from June 24 in brackets):
SPOT PRICES (July 07, 2008)
COURTESY OF SCOTIABANK
Volta boasts hefty West African portfolio
Volta Resources (VTR-T, VLTAF-O) is proving that keeping in touch with old friends can be a boon to business.
Avanti buys past-producing Kitsault moly mine
The current bull market in mining has been characterized by the redevelopment of many deposits that were mothballed during the long slump in commodity prices. Avanti Mining (AVMI-C, AVNMF-O) is joinin…
San Anton, Goldcorp boost Cerro del Gallo resource
VANCOUVER — San Anton Resource (SNN-T, SNTRF-O) and Goldcorp (G-T, GG-N) have raised the resource estimate for their Cerro del Gallo gold-silver-copper project on the companies’ San Anton property, 2…
TSX VENTURE EXCHANGE JUNE 24-26
Over a short but not so sweet June 24-26 trading session, the S&P-TSX Venture Composite Index lost 50.24 points to close at 2,553.37. Average daily trading volumes were lower than usual, at 81.2 m…
Tenajon hits long moly intercepts in Newfoundland
VANCOUVER — From one coast of Canada to the other, Tenajon Resources’ (TJS-V, TJRUF-O) drills have been hitting good molybdenum grades.
Young-Davidson economic, but just barely
VANCOUVER — Forced to mothball production plans for its Kemess North project in British Columbia, Northgate Minerals (NGX-T, NXG-X) turned its attention elsewhere. Now it has been rewarded for its ab…