ValGold’s Los Patos has room to grow
Although the initial resource estimate for ValGold Resources’ (VAL-V, VALGF-O) Los Patos gold deposit in Venezuela is on the small side, the company points out that it is open along strike and at dept…
2008
METALS, MINING AND MONEY MARKETS (March 31, 2008)
SPOT PRICES COURTESY OF SCOTIABANK Tuesday, March 24, 2008 Precious Metals Price (US$/oz.) Change Gold $930.65 -75.10 Silver $17.58 -2.81 Platinum $1918.00 -76.00 Palladium $440.00 -37.00 Base Metals Price (US$/lb.)…
NORTH AMERICAN STOCK EXCHANGE INDICES (March 31, 2008)
52-week Date March 24 March 21 March 20 March 19 March 18 High Low S&P/TSX-Ven Comp 2481.75 Holiday 2462.33 2484.99 2556.22 3372.00 2340.21 TSX Composite 13019.72 Holiday 12775.64 12709.38 13136.70…
Luna hits Aurizona gold
Assay results from Luna Gold’s (LGC-V, LGCU-O)Tatajuba satellite deposit, in the Aurizona gold camp of northeastern Brazil, suggest the region’s potential has been underestimated in the past, the comp…
Gammon Gold sees class action claim
Gammon Gold (GAM-T, GRS-X) is denying allegations of stock-option manipulation in response to an $80-million class action lawsuit that may be the first of its kind in Canada.
TSX VENTURE SHORT POSITIONS (March 31, 2008)
Short positions outstanding at Mar. 15/08 (with changes from Mar. 1/08)
C2C buys Ecuadorian gold mine
C2C Gold (CCN-V, CCNOF-O) has bought a 50% interest in the Paraiso- Pambil mine on the Bella Rica property in Ecuador, which has produced about 25,000 oz. gold per year over the last 23 years.
2007: A record year for mining mergers
VANCOUVER — Mining industry mergers and acquisitions soared to record levels in 2007, fuelled by a new corporate philosophy of “eat or be eaten,” plus an effort to stay competitive in the growing glo…
Arian confirms gold, copper resource at Tepal (March 31, 2008)
VANCOUVER — A recent resource estimate for Arian Silver’s (AGQ-V, AGQ-L) Tepal porphyry project in Mexico confirms historic estimates and adds more than 1 million contained ounces gold plus considera…
No end in sight for moly rally (March 31, 2008)
Diminishing inventories, surging steel consumption and the widening scope of end-uses for molybdenum will sustain the current rally in prices for the base metal, according to the CPM Group, a New York…
Hiring for key roles: 4 pitfalls to avoid
Throughout my experience working as a headhunter at the executive level and helping companies improve their overall hiring processes, I have had a unique laboratory to study the effectiveness — or la…
TSX SHORT POSITIONS (March 31, 2008)
Short positions outstanding at Mar. 15/08 (with changes from Mar. 1/08).