For the tale of the tape, the TSX Exchange climbed 1.49%, while the TSX Gold Index tacked on 4.4% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, added 1.91% with the advancers beating out the decliners by a 499 to 313 margin on volume of 152 million shares traded.

Centerra Gold reached an agreement with the government of the Kyrgyz Republic and Cameco (NYSE:CCJ) that resolves all of the existing disputes with respect to the Kumtor gold project. Centerra ended the week up C$1.03 at C$7.26.

Belvedere Resources remained halted for a second straight day. Shares in the nickel player were halted pending news at C$0.12.

The market continues to move higher in the face of weak economic data with the junior bourse breaking the crucial 1,000 point mark. We shall see what Monday trading has in store.

Source: Resource Stock Roundup: Monday, April 27th, 2009

Eurasian Minerals inked a deal that paves the way for Centerra Gold to earn up to a 70% stake in the Akarca, Samli and Elmali properties in Turkey. The price tag for the first 50% is $5 million in expenditures. Eurasian ended the day up C$0.25 at C$1.17, while Centerra gained C$0.14 to close at C$4.60.

Shares of Western Canadian Coal dropped C$0.27 to C$0.80 after the company reported that it is planning to reduce operations at its Brule mine and the Wolverine operation in British Columbia.

News of a 406 metre drill intercept running 0.06% MoS at its Falcon project in British Columbia helped shares of Geoinformatics Exploration add C$0.05 to C$0.20.

Allied Nevada Gold (AMEX:ANV) produced 1,000 ounces of gold and 3,000 ounces of silver in December marking its first production from the run-of-mine, heap leach Hycroft mine in Nevada. Allied ended the day up C$0.19 at C$5.71.

The bounce in the junior market shows no signs of abating anytime soon. We will see what Wednesday trading has in store.

Source: Resource Stock Roundup: Wednesday, January 07th, 2009

For the tale of the tape, the TSX Exchange gained 0.92%, while the TSX Gold Index fell 0.7% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, ended the session up 0.36% with declining issues continuing to surpass the advancers this time by a 546 to 440 margin with slowing volume of almost 191 million shares traded.

Centerra Gold earned $19.3 million or $0.09 per share in the first quarter of 2008, up from the $5.9 million or $0.03 per share posted in the same period of 2007. Not good enough on a down day for gold as Centerra ended the session down C$0.16 at C$8.48.

Shares of Goldsource Mines are not letting up as buyers continue to gobble it up on speculation the junior has made a coal discovery in Saskatchewan. The company recently completed six drill holes of a permitted 22-hole program on its mineral claim blocks in central and eastern Saskatchewan. No kimberlites were encountered and the only results of interest were coal intercepts in two of the holes. The coal is described as black and moderately hard and therefore judged by visual characteristics to be either sub-bituminous or bituminous in rank rather than lignite. Results are pending but in the meantime Goldsource added C$1.37 to close at C$4.67.

Riding the area play, Swift Resources made applications for coal permits in east-central Saskatchewan, in the area of Goldsource’s recently-announced coal discovery. This news sent its shares up C$0.745 to C$1.05.

Not to be left out, Saturn Minerals also made applications for coal permits in the same area and saw its shares climb C$0.21 to close at C$0.485 on a mind boggling 26 million shares traded.

Midway Gold added C$0.10 to close at C$2.34 after announcing a 12.2 metre intercept running 4.6 grams gold per tonne at its Thunder Mountain project in Nevada.

Canada’s junior bourse is once again treading water around the 2,400-point level, which has been bottom support since early in 2006. We will see what Friday trading has in store.