Baffinland Iron Mines Corporation (TSX: BIM ) is a Canadian publicly-traded junior mining company that is focused on its 100%-owned Mary River iron ore deposits located about 160 kilometres south of Pond Inlet, Baffin Island, Nunavut Territory, Canada.
This company has had major increases in the volume of stock traded over the past 3 months. Below [...]
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China Mining Resources Group Limited aka “China Mining” recently announced their indirect acquisition of Fortune Minerals Limited (FT.TO). The purchase was conducted by Best Tone Holdings Limited “Best Tone”, which is wholly owned by China Mining. This procurement is a combination purchase of common shares and warrants. Now China Mining holds 15.31% ownership of Fortune [...]
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This is a guest post from a Canadian Investment Team (Andrew Johns) at Raymond James Financial.
In our September 1st Market Update, we discussed the seasonal trade (that gold tends to rally at this time of the year), and this year has proven to be no different. The TSX Gold Index rallied by 8% that [...]
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Whenever someone mentions the word diamond there are two immediate images projected: the bright eyed look of a woman opening an engagement ring box, or the negative connotations of the infamous blood diamond. There is however a new image beginning to gain ground and it is due in part to some of the recent discoveries [...]
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