VANCOUVER — NovaGold Resources (NG-T, NG-X) bounced off 52-week lows after announcing it had achieved a number of milestones on the road to developing its Donlin gold project northeast of Anchorage, Alaska. Donlin is one of the largest…
VANCOUVER — Global economic woes stemming from the Euro crisis and slowing industrial activity in some of the world’s largest economies continue to take a toll on coal producers, as Toronto-based developer Cline Mining (CMK-T) opted…
TORONTO STOCK EXCHANGE
The S&P/TSX Venture Composite Index declined for another week, though losses were limited to 15.04 points after a late rebound that had the index close the period at 1,190.99 points. Volume climbed by a few million compared with the week…
U.S. equities jumped late in the week on news that European leaders agreed to distribute rescue funding directly to troubled national banks, which marked a victory for Spain and Italy, where borrowing costs where hitting dangerous levels…
SPOT PRICESCourtesy of ScotiaBankFriday, July 3, 2012 Precious MetalsPrice…
TSX Short Positions Short positions outstanding at June 15/12 (with changes from May 31/12).Largest Short Positions SecurityTickerTotal…
Allana Potash — Richard Kelertas appointed senior VP of corporate development.American Vanadium — Ron Espell appointed VP of environmental.Atico Mining — Fernando Ganoza appointed CEO.Augusta Resource — Raghunath…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 2 June 29 June 28 June 27 June 26 US$ in C N/A 1.0191 1.0333 1.0257 1.0265 …
Uranerz Energy (URZ-T, URZ-X) says it has discovered a new uranium trend on its Monument project, 24 km southeast of where the company is building its first in-situ recovery uranium mine at the Nichols Ranch project in Wyoming’s…
High Desert Gold (HDG-V) said it would find new gold mineralization in undrilled areas below outcropping gold mineralization and now it has.
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…
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