US markets move up during Feb.21-24
During the Presidents Day holiday-shortened week, the S&P 500 Index gained 4.51 points to end at 1,365.74, a four-year closing high. The index has climbed 8% this year, after being unchanged in 2011.
2012
North American stock exchange indices
DateFeb 20Feb 17Feb 16Feb 15Feb 14HighLow
TSX short positions
Short positions outstanding at Feb. 15/12 (with changes from Jan. 31/12).
TSX Venture short positions
Short positions outstanding at Feb. 15/12 (with changes from Jan. 31/12).
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Corvus shares surge 50% on Nevada gold
Corvus Gold (KOR-T) has started the year with a bang. Positive assay results from its North Bullfrog gold-silver project outside of Beatty, Nev., combined with a sunny outlook for gold juniors, helped push the company’s share up 50% since…
Daily metal prices
DateFeb 20Feb 17Feb 16Feb 15Feb 14
MAX hopes to find ‘silver lining’ in Majuba Hill
MAX Resource (MXR-V) continues to search for a copper-silver porphyry system at its Majuba Hill property in Pershing County, Nev. Assays were released in early February from a second quarter 2011 drill campaign at the property.
Shear secures Jericho water licence
Shear Diamonds (SRM-V) has earned a final approval on a water licence renewal for its Jericho diamond project in Nunavut.
Cap-Ex steps out at Northwest zone of Block 103
Cap-Ex Ventures (CEV-V) has released positive stepout holes from the Northwest zone of its Block 103 iron ore project that show the zone is open to the north, west and south.
Copper market more balanced in 2013-2014
Copper could see above-trend production increases in 2012, Bank of America Merrill Lynch asserts in a Jan. 24 report on base metals. The bank’s global commodity research team forecasts a more balanced market by 2013, “which could…
NovaDx looks to specialty coal
NovaDx Ventures (NDX-V), once a pharmaceutical shell turned merchant bank, has found itself on more solid footing as a specialty coal company.