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 wavered as a slump in energy producers outstipped gains among miners. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 0.3 percent to 15,358 at 12:19 p.m. in Toronto. Eight out of ten share groups were in the negative territory.
Yamana will acquire all of the outstanding shares of Mega in a mixed transaction involving some Yamana shares and cash based on its TSE closing price of April 23, 2015.
Canadian shares fell, led by banks and miners as concern over the Greek debt crisis intensified. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 0.4 percent to 15,288 at 12:42 p.m. in Toronto. Two shares declined for every stock that advanced as six out of ten share groups were in the negative territory.
Starting in June, Teck’s payout to investors will be 15 cents a share instead of the expected 45 cents.
Such robust economics suggest Rathdowney (CVE:RTH) is making progress toward becoming a recognized player in the junior zinc sector as the PEA suggests the project will pay for itself in 2.4 years.
Mkango Resources (CVE:MKA) intends to raise about C$500,000 in a non-brokered private placement to support fund essential components of the feasibility study for its Songwe Hill project and general corporate purposes.
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