Canada

Toronto Stock Exchange

The S&P/TSX Composite Index gained during the trading week to close at 12,268.01, up 319 points from where it began.The lift followed two major announcements, including the European Central Bank’s plan to buy government bonds from…


TSX Venture Exchange

The TSX Venture Exchange collected itself and resumed its forward march. After falling four straight days the week before, the holiday shortened period saw the index climb 31 points to 1,276.71 points, on the back of renewed enthusiasm for…



Short position reports

TSX Short Positions         Short positions outstanding at Aug 31/12 (with changes from Aug 15/12).      Largest Short Positions         Security Ticker Total Short Change Lundin Mining  LUN 44646706 476706…



Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Sept 10 Sept 7 Sept 6 Sept 5 Sept 4   US$ in C 0.9762 0.9778 0.9825 0.9902 0.9863  …


An aerial view of the landscape at Rainy River Resources' eponymous gold project in northwestern Ontario. Photo by Rainy River Resources

Rainy River adds more shine to PEA

Rainy River Resources’ (RR-T) updated preliminary economic assessment (PEA) proposes a smaller, higher-grade and lower-cost gold mine at its namesake project in northwestern Ontario. Given the current negative market conditions, the…


People

Athabasca Uranium — Paula Rogers appointed a director.Atlanta Gold — Wm. Ernest Simmons appointed president and CEO.Aura Minerals — Britt Reid departed as executive VP and COO.Canadian Electrolytic Zinc — Eva Carissimi…


Pretium lowers Brucejack’s resource estimate

Pretium Resources’ (PVG-T, PVG-N) saw total resources at its Brucejack gold-silver project in northern B.C. decrease after publishing an updated resource estimate for one of the project’s underground deposits.


Lake Shore closes $90M financing

Lake Shore Gold (LSG-T) has completed a $90-million public offering to strengthen its balance sheet, which was in “bad shape” even after closing several other financings this year, says Haywood Securities’…




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