Goldcorp trumps Eldorado’s bid for Andean
Andean Resources (AND-T, AND-A) was thrust into the spotlight in the early hours of Sept. 3 as two offers for the company came in rapid succession.
Volume 96 Number 30 - Sep 13 - 19, 2010
Correction (September 13, 2010)
According to a May 2010 integrated development plan for Ivanhoe Mines’ (IVN-T, IVN-N) Oyu Tolgoi copper-gold project in Mongolia, the total project cash requirement to get the mine into production in …
Pediment up on San Antonio drilling (September 13, 2010)
VANCOUVER — On the heels of a healthy preliminary economic assessment (PEA) for the San Antonio gold project in Mexico, Pediment Gold (PEZ-T) has hit promising intercepts in an untested zone between …
Atlas Copco aquires Hartl Powercrusher
Mining equipment supplier Atlas Copco has entered the crushing and screening business with its recent acquisition of Hartl Powercrusher. The expanded company now offers a wide range of track-mounted m…
Canaco eyes Ethiopian assets
Canaco Resources (CAN-V) has closed in escrow its acquisition from Beijing Donia Resources of 70% of the outstanding shares of Harvest Mining, a private Ethiopian exploration company. Harvest owns a 1…
PEOPLE (September 13, 2010)
Adamus Resources — Mark Bojanjac resigned as managing director and CEO; Mark Connelly appointed managing director and CEO.
Bouwa Whee gets Diavik contract
Bouwa Whee has taken over the contract to provide catering, accommodation, housekeeping, maintenance and camp management services for Rio Tinto and Harry Winston Diamond’s Diavik project in the Northw…
TORONTO STOCK EXCHANGE -Aug. 30-Sept. 3
Positive economic data from the U.S. had investors less afraid of the dreaded double-dip recession and the TSX composite index partook in that new optimism as it climbed from 265 points to finish the …
TSX VENTURE EXCHANGE -Aug. 30-Sept. 3
In a clear end to the summer doldrums the S&P TSX Venture composite index gained ground every day over the Aug. 30-Sept. 3 trading period, adding 77.11 points to reach 1,565.96. Daily trading volu…
U.S. MARKETS -Aug. 30-Sept. 3
The U.S. unemployment rate in August increased a tenth of a point to 9.6%, but a bigger-than-expected rise of 67,000 in private payrolls moderated the gloom somewhat during the Aug. 30-Sept. 3 trading…
Kodiak, Golden Goose set to merge
VANCOUVER — Junior gold explorers Kodiak Exploration (KXL-V) and Golden Goose Resources (GGR-V) have entered into a binding agreement to merge, bringing together several gold properties at various st…
SPOT PRICES (September 13, 2010)
COURTE SY OF SCOTIABANK