The latest drill results from Cobriza Metals (CZA-T) Arikepay project in Peru have the company confident it has made a new porphyry discovery.Results from the two best holes were highlighted by 238 metres averaging 0.29% copper,…
Avalon Rare Metals (AVL-T, AVL-X) reports that exploration drilling completed last year has lifted indicated resources at its flagship Nechalacho rare-earth deposit in the Northwest Territories by 73% to 152.3 million tonnes grading 1.32% total…
Canamex Resources’ (CSQ-V) shares soared to new heights after the company released the best hole to date from its Bruner gold-silver project in central Nevada. On July 18 the junior reported the monstrous hole returned 118…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 30 July 27 July 26 July 25 July 24 US$ in C 1.0033…
TSX Short Positions Short positions outstanding at July 15/12 (with changes from June 30/12). Largest Short Positions …
SPOT PRICESCourtesy of ScotiaBankTuesday, July 31, 2012 Precious MetalsPrice…
The Dow Jones Industrial Average surpassed the 13,000 level for the first time since early May, rallying 253 points to end the week up 2% at 13,075.66. This upward trend was seen in other major indexes during the period. The S&P 500 Index…
The S&P/TSX Venture Composite Index slipped 5.55 points during the period to end at 1,190.64 points after two days of losses outweighed three days of gains. Volume was down considerably, coming in 20 million shares lower than the week…
The S&P/TSX Composite Index rose 231 points to 11,766.36 for the period as investors focused on possible monetary easing and a stabilizing European debt crisis. Optimism had been spurred on by the European Central Bank’s pledge to do…
Molybdenum gets little glory in the metals world. On the production side more than half of it is produced as a by-product of more prominent metals like copper, while on the consumption side it is mostly used as a secondary additive to help make…
Bannerman Resources (BAN-T, BNNLF-O) has received an environmental approval from the Namibian Ministry of Environment and Tourism to develop its Etango uranium project, located on the Namib Desert sands, near the costal town of…
Interestingly, both Ontario and Quebec are proposing significant changes to their respective mining legislation.In Ontario, the public comment period closed on May 1, 2012, on six regulatory proposals under the Ontario Mining Act that were…
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