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BTV Weekly Market Wrap July 13

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Published on Jul 13, 2012

Heather Bissonnette recaps the markets in less than four minutes for BTV, Business Television. This week: Record silver and gold production! A $4.5bil acquisition and a big discovery in Mexico!

Highlights of this business week:

• JP Morgan Chase (JPM: NYSE ) increases trading loss.
• Goldcorp (G: TSX.) (GC: NYSE) cuts its production forecast for 2012
• Aurcana Corporation (AUN: TSX.V) reports silver production.

• Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (BVL: FVI) (Frankfurt: F4S.F) reports silver.

• San Gold (TSX: SGR)(OTCQX:SGRCF ) reports gold production.
• WellPoint (WLP: NYSE) to purchase Amerigroup ( AGP:NYSE)
• Almaden Minerals Ltd. (TSX: AMM) new gold and silver discoveries in Mexico.
• Amarillo Gold Corp. (TSX-V: AGC) releases drill results from Brazil.

Financings:

• Cantex Mine Development Corp (CD: TSX.V)
• Golden Reign Resources (TSX.V: GRR)
• Marengo Mining (TSX: MRN)
• CGX Energy (TSX.V: OYL)

http://www.b-tv.com

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