US stocks gain during the July 23-27 week
The Dow Jones Industrial Average surpassed the 13,000-level, a line it has not crossed since early May. The Dow average rallied 253 points to end the July 23-27 week up 2% at 13,075.66.
Articles by Northern Miner Staff
Venture slips on low volumes in July 23-27 period
VANCOUVER — The S&P TSX Venture Composite Index slipped 5.55 points in the July 23 to 27 period to end at 1,190.64 points after two days of losses outweighed three days of gains. Volume was down considerably, coming in roughly 20…
Promise of stimulus lifts TSX
TSX Composite Index rose 231 points to 11,766.36 for the July 23-27 period as investors chose to focus on the themes of potential monetary easing and a leveling off of the European debt crisis.
[Update] Barrick unveils setbacks, cost hikes, output revisions
Barrick Gold (ABX-T, ABX-N) packed its much anticipated second-quarter financials with quite a few punches, causing analysts to cut their price targets.
Short position reports
TSX Short Positions Short positions outstanding at July 15/12 (with changes from June 30/12). Largest Short Positions Security Ticker Total…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 23 July 20 July 19 July 18 July 17 US$ in C 1.0172 1.0114 1.0077 1.0112 1.0141 …
Goldcorp remains on target at Eleonore
Goldcorp’s (G-T, GG-N) new Éléonore gold mine under construction in northern Quebec’s James Bay region is a cornerstone of the company’s four-year expansion of operations worldwide.Éléonore is the…
Aquiline grads look for treasure in Ontario
Three years after selling the world-class Navidad silver deposit in Argentina, the key members of the former Aquiline Resources team are looking to strike pay dirt again — only this time, they are doing it closer to…
Northern Graphite falls on Bissett Creek feasibility study
A race is on amongst prospective graphite producers and Ottawa-based Northern Graphite (NGC-V) has been one of the favourites with its advanced-stage Bissett Creek property 100 km east of North Bay, Ont. The company released a bankable…
Paladin Energy turns the corner
Two months of unplanned shutdowns to upgrade its plant and complete remediation work due to land movement at the Kayelekera open-pit uranium mine in Malawi have not stalled production for junior Paladin Energy (PDN-T), as it increased…
Barrick undeterred by Argentine glacier ruling
Despite an unfavourable court ruling, Barrick Gold (ABX-T, ABX-N) is confident that its Pascua-Lama gold-silver project in Argentina’s San Juan province will push ahead.Argentina’s Supreme Court ruled that a much-debated…
Flinders sees upside in Swedish graphite revival
Just outside the small town of Edsbyn central Sweden sits the idle Kringel graphite mine, which represents a prime opportunity according to Vancouver-based Flinders Resources (FDR-V).With the deposit delineated by the Swedish government in the…