Canaccord Mining News

Developer increases gold resources at project with 'district size potential'

Canaccord Genuity reported that Marathon Gold Corp. released an updated resource on its Valentine Lake gold project in Newfoundland.

Canaccord to raise a US$1-billion fund for Chinese investment in natural resources

Canadian merchant bank Canaccord Financial Inc. (TSX:CF) stocks were up almost 3 percent this morning after the company announced this morning that it will partner with the Import Export Bank of China to raise a US$1-billion fund promoting Chinese investment in natural resources around the world. The statement followed Canada’s Prime Minister Stephen Harper announcement of a series of multibillion-dollar trade and business deals, setting the table for a possible free trade agreement between Ottawa and Beijing.