U.S. markets
Hope for more stimulus from the U.S. Federal Reserve after disappointing jobs data in August; the Chinese government announcing a US$150-billion infrastructure-building program; and news that the European Central Bank plans to buy more…
United States
Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, September 11, 2012 Precious MetalsPrice…
Short position reports
TSX Short Positions Short positions outstanding at Aug 31/12 (with changes from Aug 15/12). Largest Short Positions Security Ticker Total Short Change Lundin Mining LUN 44646706 476706…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Sept 10 Sept 7 Sept 6 Sept 5 Sept 4 US$ in C 0.9762 0.9778 0.9825 0.9902 0.9863 …
Midas’ golden dreams for Golden Meadows
Midas Gold (MAX-T) has outlined a positive preliminary economic assessment (PEA) for its Golden Meadows gold project in Idaho, 153 km northeast of Boise.“It’s a very mining-friendly jurisdiction,” Stephen Quin,…
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…
[Update] Great Basin’s great descent
Great Basin Gold (GBG-T, GBG-X) continues to tumble as it’s placed under a delisting review by the Toronto Stock Exchange, following the market response to the suspension of the company’s Burnstone gold mine in South Africa.
Strathmore diversifies with copper and gold
Strathmore Minerals (STM –T) has gained a bit of diversification.
TSX Venture Exchange
The mid-August rebound of the S&P/TSX Venture Composite Index came to a halt as four days of losses pulled the index down 11.14 points to 1,240.74. Volume was in-line with recent weeks at an average of 71.4 million shares traded daily,…
US markets
Hopes of further liquidity injections from the U.S. Federal Reserve following a speech on Aug. 31 by Chairman Ben Bernanke sent gold prices higher and helped stem losses on U.S. equity markets. Bernanke’s remarks that the central bank is…
Metals, mining and money market
SPOT PRICESCourtesy of ScotiaBankTuesday, September 4, 2012 Precious MetalsPrice…
Short position reports
TSX Short Positions Short positions outstanding at Aug 15/12 (with changes from July…