Volume 99 Number 40 Nov 18 - 24, 2013

MBAC shows Santana’s feasibility

MBAC Fertilizer (TSX: MBC; US-OTC: MBCFF) is de-risking its Santana phosphate project in Brazil, with a feasibility study showing that the company could, for US$427 million, build a 32-year operation producing 500,000 tonnes of granulated…

A worker studies drill core at Quest Rare Minerals' Strange Lake project in Quebec. Source: Quest Rare Minerals

Quest unveils prefeasibility study for Strange Lake

With an anticipated capex of more than $2 billion and the high degree of uncertainty and risk that financial markets associate with producing rare-earth elements outside of China, Peter Cashin knew that unless a prefeasibility study on the…

U.S. markets, Nov. 4-8

U.S. stock markets were in positive territory for the fifth week in a row, buoyed by unexpectedly strong jobs data showing that employers added 204,000 non-farm jobs in October, and better-than-expected gross domestic product (GDP) growth….

Toronto Stock Exchange, Nov. 4-8

The S&P/TSX Composite Index was up 17 points to 13,378.33 for the period, as jobs data in Canada and the U.S. beat expectations and bolstered investor confidence. The loonie fell 0.27 of a cent to US95.32¢, after Statistics Canada…

Eldorado Gold to pick up Glory Resources

Eldorado Gold (TSX: ELD; NYSE: EGO) plans to acquire the remaining shares of Glory Resources (ASX: GLY) in order to take control of Glory’s high-grade Sapes project in Thrace, Greece, which lies 15 km from Eldorado’s Perama Hill…

Pouring gold at Alamos Gold's Mulatos mine. Credit:  Alamos Gold

Alamos posts solid Q3 results

Alamos Gold (TSX: AGI; NYSE: AGI) had a relatively good run in the third-quarter, with adjusted earnings of US$9.2 million, or US7¢ per share — in line with analysts’ expectations.

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