News

TSX Venture Exchange

The TSX Venture Exchange collected itself and resumed its forward march. After falling four straight days the week before, the holiday shortened period saw the index climb 31 points to 1,276.71 points, on the back of renewed enthusiasm for…


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…



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…


Paramount grows resource at San Miguel

Paramount Gold and Silver (PZG-T, PZG-X) has bulked-up its Mexican resources in a serious way. The company released an updated resource estimate for its wholly owned San Miguel project in the country, boosting indicated gold resources by 547%,…



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  …


An aerial view of the landscape at Rainy River Resources' eponymous gold project in northwestern Ontario. Photo by Rainy River Resources

Rainy River adds more shine to PEA

Rainy River Resources’ (RR-T) updated preliminary economic assessment (PEA) proposes a smaller, higher-grade and lower-cost gold mine at its namesake project in northwestern Ontario. Given the current negative market conditions, the…


Midas Gold director John Wakeford looks at core at the Golden Meadows gold project in Idaho. Photo by Midas Gold

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,…


An aerial view of a drill pad at Torex Gold Resources' Morelos project in Mexico. Photo by Torex Gold Resources

Torex plans 2015 start-up for Morelos

Torex Gold Resources (TXG-T) shares saw heavy trading after the company released a bankable feasibility study for its Morelos project in Mexico’s prolific Guerrero gold belt, as well as more drill results from the project’s…


Editorial: A season for tough decisions

September is always a pivotal month in the business year, with eight months of recent asset performance to sift through and a need to plan for the year ahead. It’s a time for many to take a cold look at whether business units have lived…


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…


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