The industry expected big things from Toronto-based Primero Mining (P-T, PPP-N) when it acquired the San Dimas gold-silver mine in Mexico for US$500 million from Goldcorp (G-T, GG-N) just over two years ago. But things did not always go…
Unigold (UGD-V) has released more results from its now closely followed drill program at the Candelones gold project on the northwestern portion of the Dominican Republic.Hole 29 hit 89 metres grading 1.72 grams gold per tonne from 326 metres…
When it comes to exploring Mexico’s Jalisco State for silver and gold, Soltoro (SOL-V) is a junior of stature.With roughly 550 sq. km of ground in the state, the company has been optioning out of some permits and funneling the cash…
The British Columbia Securities Commission (BCSC) has halted trading in Barkerville Gold Mines (BGM-V) because a much-anticipated technical report on its Cow Mountain gold deposit is not up to standard.
Shares of Advanced Explorations (AXI-V) plunged 37% following the results of its feasibility study on the Roche Bay iron project on the Melville Peninsula in Nunavut.
MAG Silver (MAG-T, MVG-X) has approved a US$25-million budget for mine permitting and underground development work at its Juanicipio silver project in Mexico’s Zacatecas state, a joint-venture with Fresnillo (FNLPF-O, FRES-L).
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31 US$ 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 and the S&P 500 Index posted gains for the sixth consecutive week, buoyed by comments from German Chancellor Angela Merkel that she supports the European Central Bank’s efforts to fight debt, and…
The S&P/TSX Venture Composite Index rallied to its highest level since July during the period, rising 42 points, or 3.6%, en route to a 1,233.17 weekly close. Spot gold rose to US$1615.80 per oz. to finish the week, and silver continued to…
The S&P/TSX Composite Index jumped 199 points, or 1.7% during the trading week, to close at 12,089.89. The boost came in part from positive economic data and Germany’s commitment to save the euro currency union. The S&P/TSX Global…
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