Canaco dives 66% on resource estimate
Canaco Resources (CAN-V) took a deadly plunge, losing 66% on a maiden resource estimate for the Magambazi area of the Handeni gold project in Tanzania.
2012
Updated: Hana plunges on Ghanzi scoping study
VANCOUVER — Hana Mining’s (HMG-V) share price dropped 68% after the company released a long-awaited first economic study on the Banana Zone and Zone 5 at its 70%-owned Ghanzi project in Botswana.
Xstrata and JX Nippon commit $35M to B.C. coal project
VANCOUVER — Xstrata’s (XTA-L) coal division is wasting little time in advancing its recently secured coal fields in British Columbia’s Peace River region as it and 25% joint venture partner JX Nippon Oil and Energy launch into a…
Copper Mountain’s Q1 results surpass expectations
An impressive ramp up at the Copper Mountain mine in southern British Columbia and higher than anticipated first-quarter revenue suggest that shares of Copper Mountain Mining (CUM-T) represent an attractive risk-reward trade-off, mining analyst…
TSX tumbles during May 7-11
It was all downhill for the Toronto Stock Exchange during the May 7-11 trading week as uncertainty in Europe continued and worries over China’s slowed growth increased, offsetting strong job creation data from Canada.
Venture slides in May 7 to 11 period
VANCOUVER — The S&P TSX Venture Composite Index dropped 4.2% in the May 7 to 11 period, losing 58.72 points to end at 1,346.33 points after three days of losses outweighed two days of gains. Investor caution is clearly taking hold,…
U.S. stocks retreat again, May 7-11
More alarming economic data from China and the European Union, China’s biggest export market, along with political deadlock in Greece, combined to send U.S. equities down sharply during the May 7-11 trading week. China’s industrial…
AuRico adds third mine to its portfolio
AuRico Gold (AUQ-T) has added another mine to Kirkland Lake’s heritage.
Gold Fields eyes Bear Lake’s assets
Gold Fields (GFI-N) has signalled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early stage exploration assets, driving shares of the Ontario-focused junior up 50% on April 10.
Curis an innovator and educator at Florence
When it comes to the mining industry’s grand stage, companies are often required to play different roles. The tale is much the same for Hunter Dickinson-backed Curis Resources (CUV-T) in its gambit to develop its Florence in-situ copper…
Yamana produces more but misses expectations
Yamana Gold (YRI-T, AUY-N) reported impressive production– results but failed to impress the market with its latest financial -results.
Wallbridge entices PGM miners to Sudbury
Wallbridge Mining (WM-T) is locking up deals with big platinum players in a bid to prove up its projects while minimizing shareholder dilution.