MP McKay goes into the lion’s den
John McKay proved that he isn’t afraid to walk straight into a hornet’s nest.
Volume 96 Number 10 - Apr 26 - May 2, 2010
US citizens on ‘autopilot’
Thank you for your realistic editorials on the mining industry.
TORONTO STOCK EXCHANGE -April 13-19
The TSX composite index lost momentum over the April 13-20 trading period, retreating 3.74 points to close at 12,144.92. The loss was largely due to a mild sell-off after regulators in the United Stat…
TSX VENTURE EXCHANGE -April 13-19
With talk of record high debt levels for Canadians and fraud charges against Goldman Sachs pitted against news of 11% growth in China last quarter, the S&P/TSX Venture composite index was mixed ov…
U.S. MARKETS -April 13-19
A huge cloud of volcanic ash from Iceland that paralyzed air traffic and grounded millions of passengers, sucked some of the air out of U.S. equity markets during the April 13-19 reporting period.
Barrick allowed to mine Cortez with restrictions (April 26, 2010)
Barrick Gold (ABX-T, ABX-N) says that a U.S. District Court has ruled that mining operations can continue at its Cortez Hills mine in Lander County, Nev., while the Bureau of Land Management (BLM) com…
A golden Leprechaun for Mountain Lake and Marathon PGM
VANCOUVER — Central Newfoundland is proving to be a fertile gold region for Mountain Lake Resources (MOA-V) and Marathon PGM (MAR-T): the joint-venture partners are pulling significant lengths of gol…
Imperial rises on more long intercepts at Red Chris (April 26, 2010)
VANCOUVER — Imperial Metals’ (III-T) deep drilling program at the Red Chris copper-gold project in northwest British Columbia continues to produce long mineralized intercepts below and beside the pla…
Colossus to acquire Vale ground near Serra Pelada
Colossus Minerals (CSI-T, COLUF-O) and its joint-venture partner Coomigasp, a 45,000- strong co-operative of local miners, have struck a deal with Vale (VALE-N) to acquire 7 sq. km of land adjacent to…
Gold, silver offer investment opportunity: Citigroup
In a research report entitled “Hello Precious” — analysts at Citi Investment Research and Analysis argue that the precious metal space offers “good valuation potential as well as headline commodity u…
Panoro finds partner for Antilla in Peru
VANCOUVER — In the three years since it acquired the Antilla project 140 km southwest of Cuzco, Peru, Panoro Minerals (PML-V) has defined a sizable copper-molybdenum resource at the site. Now the jun…
La belle province captures miners’ hearts
A highlight of the week was the Fraser Institute’s annual Survey of Mining Companies 2009/10, representing the views of high-level managers from around the world on the mineral endowments and public p…