TSX Venture stumbles, June 8-12
The S&P/TSX Venture Composite Index fell for a second week during the trading period despite a slight uptick in commodity futures, as it lost 1.1%, or 7.71 points, before closing at 682.14 points.
Stock Markets/Investing
West Kirkland CEO talks development plans at Hasbrouck
VANCOUVER — The path to production is coming into focus for West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) at its Hasbrouck gold project near the town of Tonopah, Nev. The company is hoping to use a two-stage development strategy that…
Newmont bulks up US presence via Colorado acquisition
VANCOUVER — Denver- based Newmont Mining (NYSE: NEM) has been on the lookout for low-cost gold mines in favourable jurisdictions, and there likely isn’t a friendlier place for the company than its home state of Colorado. On June 8…
TSX slumps, June 8-12
Renewed concerns over a potential Greek debt default and its effect on the euro pushed down Canada’s benchmark index. The S&P/TSX Composite Index fell 1.4% to 14,741.15. The S&P/TSX Global Gold Index dropped 3.2% to end at 154.27…
Interview: BitGold co-founder Roy Sebag explains company’s philosophy
BitGold (TSXV: XAU), which offers a platform for savings and payments in gold, listed on the TSX Venture Exchange on May 13 at 90¢ per share, and since then the shares have traded as high as $8 apiece. The start-up shook up the markets…
Evrim sees opportunity amid struggling markets
VANCOUVER — For project generator Evrim Resources (TSXV: EVM; US-OTC: EMRRF) the ongoing down swing in commodity markets provides an opportunity to pick up previously unobtainable projects with promising exploration histories.
Commentary: Indians’ view of gold – A barbarous relic for a barbarous present
Many people try to find a correlation between inflation and gold price, often using the U.S. dollar as their base currency. They ignore that the biggest gold consumers — in rural parts of India and China — are not driven by…
Nevada Copper CEO on Pumpkin Hollow’s prospects
VANCOUVER — Nevada Copper (TSX: NCU) has spent the past three years de-risking its Pumpkin Hollow copper project, 13 km southeast of Yerington, Nev., and the result has been one of the more intriguing undeveloped copper prospects not…
TSX Venture drops, June 1-5
The S&P/TSX Venture Composite Index succumbed to falling commodity futures and global macroeconomic uncertainty during the trading period, dropping 2.60 points before closing at 689.85 points.
Turquoise Hill on the rise after clearing hurdles
VANCOUVER — Copper-gold producer Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) has been on a strong run over the past eight weeks after promising press releases for its large-scale Oyu Tolgoi mine, 550 km south of Ulaanbaatar, Mongolia.
TSX slides, June 1-5
Canada’s benchmark stock index fell below 15,000 for the first time since mid-May, driven lower by concerns about how the Greek debt crisis will affect the eurozone, and strong jobs data in the U.S. that has caused many to believe the Fed…
Short Position Report
TSX Short Positions Short positions outstanding at May 31/15 (with changes from May…