Volume 98 Number 20 Jul 2 - 8, 2012

Photo by Capstone Mining

Capstone unveils Minto expansion plan

A lot has changed since Vancouver-based Capstone Mining (CS-T) kick-started production at its Minto open-pit copper mine, 240 km north of Whitehorse, Yukon, in 2007. At the time the mine had an eight-year life and a throughput rate of 1,600…


Golden Reign digs Nueva Segovia in Nicaragua

Golden Reign Resources (GRR-V) wants to help return Nicaragua to its former vaunted status in the gold world.Before the Sandinista revolution of 1979, Nicaragua was one of Central America’s largest gold exporters.And…


Baja Mining clings to life

Nearly two months after Baja Mining (BAJ-T, BAJFF-O) initially disclosed cost overruns of US$246 million at its Boleo copper-cobalt-zinc project in Baja California Sur, Mexico, one of the company’s largest shareholders, Louis Dreyfus…


Edgewater nabs $120M for Corcoesto in Spain

Edgewater ­Exploration (EDW-V) has secured in principle a $120-million debt financing for its flagship Corcoesto gold project in Spain as it moves it towards ­production.The company has entered into a mandate letter with Credit Suisse…


More about cost overruns on capital development

I am an advocate of change for the better, as well as the preservation of those things that work well, but there seems to be a lack of good balance between the two these days when it comes to project development in mining. It seems to me that…


La Mancha Resources' Ity open-pit gold mine in western Cte d'Ivoire. Photo by La Mancha Resources

La Mancha extends gold strike at Ity

International gold producer La Mancha Resources (LMA-T) unveiled good news at its Ity mine in Côte d’Ivoire in June, when the company released drill results that indicate gold mineralization beyond the operation’s in-pit…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 25 June 22 June 21 June 20 June 19   US$ in C 1.0303…


Editorial: Putting the Lie in Libor

Have you ever felt the whole game was rigged? Well, there’s some justification for that feeling, as the month of June closed out with British banking giant Barclays doing the perp walk and agreeing to pay out a relatively miniscule US$453…



TSX venture exchange

The S&P/TSX Venture Composite Index sunk to a new low, dropping 45 points to close at 1,206.03. The closing position puts the index at a new 52-week low, and at its lowest level since September 2009. With no spikes in volume during the week…



Short position reports

TSX Short Positions         Short positions outstanding at June 15/12 (with changes from May 31/12).      Largest Short Positions         Security Ticker Total Short Change…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close