News

Paladin Energy turns the corner

Despite two months of unplanned shutdowns to upgrade the plant and complete remediation work due to land movement at its Kayelekera open-pit uranium mine in Malawi, Paladin Energy (PDN-T) still managed to increase production there by 14% in the…


Baja slides another 21% as it looks for funds

The clock is ticking for Baja Mining (BAJ-T) as it approaches its August deadline to raise additional funds for the Boleo copper-cobalt-zinc project in Mexico to cover the project’s cost overruns so it continue accessing its loans.


Chubut’s draft mining law confounds miners

Pan American Silver (PAA-T, PAAS-Q) is warning shareholders that if draft mining legislation proposed by the governor of Argentina’s southern Chubut province becomes law, its Navidad silver project in the province will become…



TSX Venture Exchange

The S&P/TSX Venture Composite Index managed a 20.36-point gain in the period to end at 1,211.35 after two days of gains and two days of losses. The climb came despite low volumes and averaged 59 million shares traded daily. The drop in…



U.S markets

U.S. markets were in positive territory before closing for the Independence Day holiday, but moved downward after disappointing jobs data showed non-farm payrolls added 80,000 jobs in June for the third month in a row that employment grew by…


Short position reports

TSX Short Positions         Short positions outstanding at June 30/12 (with changes from June 15/12). Largest Short Positions    Security Ticker Total Short Change Lundun Mining LUN 39781693 1390216 New Gold…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 9 July 6 July 5 July 4 July 3   US$ in C 1.0212 1.0199 1.0131 1.0128 1.0123  …


An aerial view of a trench at Ethos Gold's Betty gold project in the Yukon. Photo by Ethos Gold

Mixed results for Ethos Gold’s first pass at Betty

The first drill program on Ethos Gold’s (ECC-V) Betty project in the Yukon has yielded encouraging gold ­discoveries, and numerous blanks.The first half of a phase-one drill program includes results for 22 reverse-circulation drill…


From left: Geologist Jacques Stacey, exploration manager Bill Cronk and COO Andrew Berry, in front of the Nutaaq Camp at Kivalliq Energy's Angilak uranium project in Nunavut. Photo by Kivalliq Energy

Kivalliq eyeing new uranium district in Nunavut

Kivalliq Energy (KIV-V) is cashed-up and moving forward with an ambitious exploration program on its 1,000-sq.-km Angilak property in Nunavut, just as the Nunavut government has formalized its uranium policy.The company completed an…



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