News


YAMANA GOLDThree Yamana Gold workers at the company's Jacobina gold mine in Brazil. Yamana, with help from Northern Orion, has launched a hostile bid for U.S.-based Meridian Gold.

Yamana hoping three’s company

Analysts see merit in a plan Yamana Gold (YRI-T, AUY-N, YAU-L) has hatched with Northern Orion Resources (NNO-T, NTO-A) to merge and take over Meridian Gold (MNG-T, MDG-N). But whether the new company…


Canadian Gold Mutual Funds (July 09, 2007)

Fund name Jul.2($) Jun.25($) Change($) Change(%) YTD(%) MER*(%) Assets*(M$) AGF Pr Mtl 28.32 28.43 -0.11 -0.4 5.9 2.61 582.4 Altamira Pr & Str Mtl 12.40 12.54 -0.14 -1.1 -4.3 2.67…


International Quotes (July 09, 2007)

Australia (A$) July 2 June 25 Change Bendigo Mining 0.32 0.31 0.01 Centamin Egypt 1.16 1.08 0.08 Emperor Mines 0.12 0.12 0.00 Kingsgate Cons. 5.70 5.58 0.12 Lion Selection Gp…


People (July 09, 2007)

Silvermet — Douglas Scharf appointed CFO; Paul Palmer retired as CFO but will remain a consultant.


Goldcorp bites off bigger reserve at Penasquito

Vancouver — Goldcorp (G-T, GG-N) has delivered a boost in reserves at its Penasquito gold-silver deposit, in Zacatecas, Mexico, which it acquired last year through its takeover of Glamis Gold.


Iamgold’s Westwood grows 128%

Vancouver — Iamgold (IMG-T, IAG-N) has more than doubled inferred resources at its Westwood gold project, located 40 km east of Rouyn-Noranda, in Quebec’s Abitibi region.




U.S. Markets June 26-July 2

The Federal Reserve Bank having put a hold on interest rates for the time being, United States stock markets rallied over the reporting period June 26-July 2 to recover most of the losses they suffere…


TSX Venture Exchange June 26-29

Despite a modest up-tick in gold and base metals, the junior mining-dominated S&P-TSX Venture Composite Index closed out the Canada Day-shortened June 26-29 trading session on an off note, down 15…


CNQ Trading (July 09, 2007)

STOCK TICKER VOLUME HIGH LOW LAST CHANGE HIGH LOW June 26-29, 2007 Bannockburn Res BKNN 399 7.75 7.40 7.40 – 0.10 7.75 0.405 Dynamic Res DYRF 1724 0.14 0.12 0.14…


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