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…
News
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%,…
Yukon gov’t extends staking ban in Peel watershed
The Yukon government has extended a mineral-staking ban in the Peel watershed until May 4, 2013, while it develops a land-use plan for the region. The ban was set to expire on Sept. 4.
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 …
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’ 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,…
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…
Lundin bets on exploration at Neves-Corvo
On Sept. 4 Toronto-based producer Lundin Mining (LUN-T) released results from an expansive, 90,000-metre resource drill program at its wholly owned Neves-Corvo polymetallic mine — including copper, zinc, lead, silver and gold — 100…
Inmet bids for Petaquilla
In what looks like a move to tidy up the neighbourhood, Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash or equity. Petaquilla operates the Molejon gold mine in Panama, adjacent to Inmet’s Cobre…
Vista keeps growing Mt. Todd
Vista Gold (VGZ-T, VGZ-X) has bulked up its resource estimate for its Batman deposit at the company’s Mt. Todd gold project in Australia’s Northern Territory.