Volume 96 Number 14 - May 24 - 30, 2010




TORONTO STOCK EXCHANGE -May 11-17

Growing concern that efforts to lower public sector deficits could impede global growth caused the world’s major stock markets to lose much of their mid-week gains during the May 11-17 trading period …


TSX VENTURE EXCHANGE -May 11-17

The May 11-17 period started off strong for the S&P/TSX Venture composite index, but two days of gains were easily erased by three days of losses that left the board down 57.91 points at 1,554.67….


U.S. MARKETS -May 11-17

U.S. equity markets took a bit of a beating in the May 11-17 reporting period with the Dow Jones industrial average index losing 1.14% or 122.43 points to close at 10,625.83 points, and the S&P 50…


Philippine Metals blazes trail on Luzon

You could say Philippine Metals (PHI-V) has Bre-X Minerals to thank for its good fortune.The chill in mining exploration that swept Southeast Asia in the aftermath of the Bre-X scandal shuttered the offices of many majors active in the…



Diego Hernandez, former president of BHP Billiton's base metals division, has joined Chile's state-owned copper miner Codelco as CEO.

New challenge for Chile’s ‘Copper Man’ (May 24, 2010)

SANTIAGO, CHILE — It was no surprise that they wanted him but few expected him to accept. Especially given the huge paycut he will have to take.On April 20, Chile’s state-owned copper giant Codelco announced that its board of directors had…


Taseko gets US$350M to finance Prosperity

VANCOUVER — Taseko Mines (TKO-T, TGB-X) has signed a gold-stream agreement with Franco- Nevada (FNV-T) that will help finance the development of the junior’s Prosperity gold-copper project near Willi…




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