Market news
Toronto Stock Exchange
2012
Metals, mining, stocks and money markets
Spot pricesCourtesy of ScotiabankTuesday, October 2, 2012Precious MetalsPrice…
Atacama Pacific stacks oxide ounces at Cerro Maricunga
Toronto-based explorer Atacama Pacific Gold (ATM-V) has had a good run over the past four weeks. Anticipation built as Atacama neared completion on a year-long resource drill program at its wholly owned Cerro Maricunga gold property, 140 km…
Patagonia Gold to become takeover target: Hallgarten
Patagonia Gold (PAT-T, PGD-L), one of the largest landholders in the Argentine province of Santa Cruz and an exploration company that is likely to have three mines in production within the next three years, could be a takeover candidate in the…
Stornoway navigates the road to production
Recent media reports have suggested Stornoway Diamonds’ (SWY-T) Renard diamond project in Quebec may face delays given that construction of the Route 167 extension from Chibougamau to the Otish Mountains is slightly behind plan, but the…
OceanaGold: What’s the dillio with Didipio?
After the financial crisis derailed the Didipio copper-gold project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…
Primero up 36% on positive tax ruling
Primero Mining (P-T, PPP-N) soared 36% after the gold-silver producer with operations in Mexico received a favourable tax ruling from Mexican authorities on its Advanced Pricing Agreement (APA).
Curis approaches pilot phase at Florence
VANCOUVER — It was a long summer for Vancouver-based developer Curis Resources (CUV-T) and its Florence in-situ copper project 105 km southeast of Phoenix, Az. The company hit a 52-week low at 36¢ per share on Aug. 21, as a lack of…
Early juniors get low-hanging fruit in Jalisco
It’s not every day that primary silver deposits are found at the side of a road.
Beaufield proves Chinese firms still interested in iron ore
The connection between slower growth in China and slumping commodity prices has been well made in the financial press over the last few months — but there are contrary signs to be found by astute investors.
SilverCrest increases bought deal financing
Precious metals producer SilverCrest Mines (SVL-V, SVLC-N, SVLC-X) has expanded its bought financing to $30 million from $26 million and will use the proceeds to both eliminate the remainder of its gold hedge book and beef up…
Western Potash gets $15M for Milestone [Update]
Western Potash (WPX-T) aims to enhance its liquidity by raising $15 million in a non-brokered private placement. And it’s a move that was not well-received by investors.