Lake Shore Gold’s (LSG-T) shares plunged to a new low, a day after the company reported lower-than-expected gold grades for the second quarter, along with a year-long mill expansion delay and a reduced full-year production target.
Vancouver — Soltoro (SOL-V) has released several high-grade silver hits from the newly discovered Soledad zone at its El Rayo silver project in central Mexico, one week after reporting a bulk-tonnage resource estimate on the project.
Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N) after the major gold miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.
Vancouver – The S&P Venture Exchange Index climbed again in the July 11 -15 period, up 22.57 points to cross the 2,000-point threshold for the first time in over a month and end at 2,007.38 points. Volume averaged out to 91.7 million shares…
The S&P/TSX Composite Index fell 72.16 points to 13,299.54 during the July 11-15 period as worries over U.S. and European debt grew. During the week, the U.S. Federal Reserve said it was not ready to stimulate the economy, while eight…
While fears of an American default amidst a political deadlock on raising the debt ceiling was good news for gold, which hit new highs, the effect on the U.S. markets was less positive.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 11, 2011 (change from July 4 in brackets):
Antimony: Mid-mkt US$13,500.00/t
52-week
Short positions outstanding at June 30/11 (with changes from June 15/11).
Short positions outstanding at June 30/11 (with changes from June 15/11).
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