Though ramp-up appears to be on schedule at emerging producer Lucara Diamond’s (LUC-T, LUCRF-O) fully owned Karowe open-pit diamond mine in Botswana, markets have taken notice that the company is realizing a lower price per carat than it…
Detour Gold (DGC-T) says the Detour Lake open-pit mine in northeastern Ontario remains on budget and track for initial gold production in early 2013.Construction at the project reached the 75% completion mark at the end of June. More…
Toronto-based Sherritt International (S-T) is suffering from symptoms of the global economic slowdown, including rising cash costs and lower realized prices on production.Sherritt has tried shielding itself with its diverse portfolio —…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31 US$ in C n/a…
TSX Short Positions Short positions outstanding at July 31/12 (with changes from July 15/12). …
SPOT PRICESCourtesy of ScotiaBankTuesday, August 7, 2012 Precious MetalsPrice…
The Dow Jones Industrial Average ended the week above the 13,000 level following mixed economic news from the U.S. and Europe. The Dow gained 20 points to close at 13,096.17. The U.S. Labour Department said that employers added 163,000…
The S&P/TSX Venture Composite Index slipped 3.69 points to 1,186.95 in the period after three days of losses outweighed two days of gains. Volume was up by several million to an average of 62 million shares traded daily, but still well in…
he S&P/TSX Composite Index was off 101 points to 11,662.59 for the period after the European Central Bank disappointed investors. In the previous period ECB president Mario Draghi ignited a market rally by saying the central bank would do…
ng harder to find and even harder to put into production owing to social and political hurdles, a small but growing group of companies are looking to the sea floor as their next source of riches.Nautilus Minerals (NUS-T) has been at the…
Compelling supply-demand fundamentals and near-term industry catalysts will spark a recovery in uranium prices and equity prices, David Sadowski of Raymond James argues in a weighty new report running 86 pages. The Vancouver-based mining…
There was a time, not very long ago, when M&A activity sent shareholders’ pulses racing with excitement. Those were the days. The latest battle between RX Gold & Silver and Hecla Mining over U.S. Silver and its prized silver…
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