Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, August 7, 2012 Precious MetalsPrice…
News
Short position reports
TSX Short Positions Short positions outstanding at Aug 15/12 (with changes from July…
Letters to the editor: Barkerville article ‘disturbing’
We have been very long-time subscribers of your newspaper as a source of factually correct information in the mining industry. We want to draw your attention to some serious errors found in your article, “Barkerville in the doghouse with…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31 US$ in C n/a 0.9986 1.0062 1.0017 1.0014 …
Northern Tiger rouses Sleeping Giant
Northern Tiger Resources (NTR-V) has renewed interest in the Sleeping Giant zone at the 3Ace project in southeast Yukon, with some encouraging sample results.
Brazilian Gold gets first resource at Boa Vista
It didn’t take long for Brazilian Gold (BGC-V) to get a resource on its recently discovered VG1 deposit in Brazil.
Rockwood wants Talison
Rockwood Holdings (ROC-N) is bidding $6.50 per share — a 53% premium — for Talison Lithium (TLH-T) in a deal valuing the company at $724 million on a fully diluted basis.The pure-play lithium producer’s board of directors has…
Agnico joining Miranda in Colombia
Prospect-generating company Miranda Gold (MAD-V) has enticed mid-tier gold miner Agnico-Eagle Mines (AEM-T, AEM-N) to help out in its efforts to explore for gold in Colombia.The junior says the new alliance, outlined in a letter…
Anglo American, Codelco settle copper clash in Chile
Following 10 months of mediation and a looming courtroom showdown, Anglo American (AAL-L) and Chile’s state-owned copper miner Codelco have reportedly reached an agreement over the ownership rights of Anglo’s South American…
Rocky times for Great Basin Gold
Technical and infrastructure issues at Great Basin Gold’s (GBG-T, GBG-X) two principal gold projects hammered its revenues and put it deeply into the red in the second quarter, and the company now says it faces a “near-term…
BHP delays Olympic Dam expansion
BHP Billiton’s (BHP-N, BLT-L) decision to delay a US$30-billion dollar expansion of its Olympic Dam copper-uranium-gold mine in South Australia due to escalating capital costs will put a forecasted uranium supply deficit under even…
Riverside, Cliffs test IOCG targets in Mexico
At a time when many juniors are feeling a cash crunch and throttling back spending, Vancouver-based Riverside Resources (RRI-V) is notably busy as a project generator and early stage explorer. Focused on Mexico, the company believes its…