2012

Amara targets higher grades with Sega PEA

VANCOUVER — West African gold producer Amara Mining (AMZ-T, AMA-L) — formerly Cluffs Gold — is hoping to breathe new life into its 78%-owned Kalsaka gold operation 150km northwest of Burkina Faso’s capital, Ouagadougou.



Keegan gets major endorsement, new management

A group of the original founders and former executives of LionOre Mining are throwing their weight behind Keegan Resources (KGN-T) with a strategic alliance and private placement that further de-risks the junior’s Esaase gold project in…


TSX Venture loses ground, Oct. 9-12

VANCOUVER — The S&P TSX Venture Composite fell 52.2 points or 3.9% during the shortened Oct. 9-12 trading period, eventually closing at 1,292.81 points. The week started out on a sombre note, with the International Monetary Fund (IMF)…


TSX down as dark clouds form

Investors took a dismal view of the global economy and their mood took a toll on Canadian markets as the TSX Composite index fell 169 points to finish the holiday shortened Oct. 9-12 period at 12,202 points.


U.S. markets retreat, Oct. 8-12

U.S. markets retreated in the Oct. 8-12 trading week despite data demonstrating that Americans are the most upbeat they have been in five years. The approaching U.S. election and worries about Europe, slowing Chinese growth and corporate…




People

Victory Nickel — Ken Murdock appointed CEO of subsidiary Victory Silica.


Western Potash gets $15M for Milestone work

Western Potash (WPX-T) is aiming to enhance its liquidity by raising $15 million in a non-brokered private placement — a move that was not entirely well-received by investors.


Denison reveals Wheeler River’s results

Denison Mines (DML-T, DNN-X) has wrapped up the 2012 drill programs at its 60%-held Wheeler River uranium property in Saskatchewan, and plans to update the project’s resource estimate by year-end.


Drill results drop Goldquest

Goldquest Mining (GQC-V), which has seen a substantial boost in its share price since discovering the Romero target in late May, slipped 33% on the target’s latest drill results.


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