The commentary by Jay Collins you published (“Cost overruns on capital development — a growing concern,” T.N.M., June 11–17/12) strikes me as both timely and appropriate.Our industry has gone through many changes in the…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 18 June 15 June 14 June 13 June 12 US$ in C 1.0266 1.0244 1.0247 1.0270 1.0268 …
Animas Resources — Gregory McKelvey resigned as a director; Donald Ranta will not stand for re-election as a director; John R. Wilson and David Beling nominated for election as directors.Argex Mining — Normand Bergeron appointed a…
Quaterra Resources (QTA-V, QMM-X) has taken a step closer to near-term production at its MacArthur project, a fully stripped porphyry copper-oxide property in western Nevada’s historic Yerington copper district.A preliminary economic…
Of Yamana Gold’s (YRI-T, AUY-N) $125-million budgeted for exploration this year — a 10% increase over 2011 — about $29.5 million, or 23%, is earmarked for northern Chile, where it owns 100% of the high-grade El Penon…
Uranerz Energy Corp. (URZ-T, URZ-X, URZ-N) says it has discovered a new uranium trend on its Monument project, just 24 kilometres southeast of where the company is building its first in-situ recovery uranium mine at the Nichols Ranch project in…
Results from the first fourteen of twenty-five drill holes from its 2012 exploration program at its flagship Taylor project in Nevada sent shares of Silver Predator (SPD-T) up 35% to 25¢ a share on 7,300 shares traded.
Toronto Stock Exchange
The S&P/TSX Venture Composite Index was virtually unchanged in the period, ending up a little over a point at 1,292.93. Volume also saw little change in-line with recent weeks, at a daily average of 69 million shares traded.Aurcana was the…
U.S. equities rallied late in the trading week as markets anticipated that Spain would ask eurozone deputy finance ministers for a bailout for its troubled banks, which it did over the weekend. The Dow Jones Industrial Average and the S&P…
SPOT PRICESCourtesy of ScotiaBankFriday, June 12, 2012 Precious MetalsPrice…
The first week of June was a watershed moment in U.S. politics that will likely spill over into how the greenback and gold are valued. On June 5, public-sector unions suffered a major defeat at the ballot box in lefty Wisconsin, of all places…
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