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…
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 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…
SPOT PRICESCourtesy of ScotiaBankTuesday, July 31, 2012 Precious MetalsPrice…
TSX Short Positions Short positions outstanding at July 15/12 (with changes from June 30/12). Largest Short Positions Security Ticker Total…
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…
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 1.0060 1.0101 1.0181 1.0208 …
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,…
A new preliminary feasibility study (PFS) on Seabridge Gold’s (SEA-T, SA-X) Courageous Lake gold project in the Northwest Territories suggests the project is viable at current gold prices, and more work needs to be done to lift its…
The message out of Agnico-Eagle Mines’ (AEM-T, AEM-N) headquarters after the second quarter is one of stability and efficiency.The company says the first half of the year was all about optimizing its five mines, and with the process…
Juniors mining companies have been struggling for months to raise capital, and with coffers running low, they are resorting to all sorts of methods to conserve what cash they have.Exploration budgets are being slashed and secondary projects set…
Vancouver-based explorer Spanish Mountain Gold (SPA-V) is on track to release updated economics for its Spanish Mountain gold project 70 km northeast of Williams Lake, B.C., by October. The company pushed back the date on its pre-feasibility…
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