18/02/14Tinka Resources rallies on zinc grades from Ayawilca project
08/01/13Tinka Resources shares rise on latest zinc drill results from Ayawilca project
Recent Sector News
Canadian shares fluctuated as gains among energy and material producers following a rally in commodity prices helped offset negative sentiment following unexpected contraction in economic growth. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) was up 0.2 percent at 14,660.57 at 12:16 p.m. in Toronto.
Canadian shares fell amid further weakness in the price of oil and as investors remained anxious about the Federal Reserve’s outlook for raising U.S. interest rates. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) slipped 0.2 percent to 14,574.27 at 12:32 a.m. in Toronto. Two shares declined for every stock that advanced as half of the ten share groups retreated.
Falco sees grades of up to 15.7% copper at Newbec, 1 of 4 discoveries made during last year's regional exploration
Falco Resource (CVE:FPC) said it has made four new gold and base metal discoveries at its 740 sq km land package in Quebec's Rouyn-Noranda mining camp, including Newbec, where it intersected high grade copper.
Copper North Mining (CVE:COL) has slashed its capex estimate for its Carmacks asset in the Yukon by 30 percent to C$150 million, achieving its goal of putting forward a brand new project that will become the foundation for building a new, mid-tier copper producer.
Lundin Mining (TSE:LUN) remains a top pick at Dundee Capital Markets, after announcing fourth quarter and full year production results that were "excellent", according to the analysts.
The company, which listed on the Canadian Securities Exchange in November after acquiring the assets of two subsidiaries, is geared for maximum optionality to moves in the copper price on a per pound basis, according to executive chairman Gianni Kovacevic, who has a background in electrical studies and recently published a novel on smart investing in green energy.
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