2012


Short position reports

TSX Short Positions                                   Short positions outstanding at Aug 15/12 (with changes from July…


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  …


Sabina Gold & Silver makes progress in Nunavut

Drill results from Sabina Gold & Silver’s (SBB-T, SGSVF-O) Back River project in southwestern Nunavut — 520 km northeast of Yellowknife, and 50 km southeast of Xstrata Zinc’s Hackett River silver-zinc project —…



Orezone trumpets 5M oz. gold deposit

Three months after finalizing a US$27-million deal with Cluff Gold (CFG-T) for its Sega gold project in Burkina Faso, Ottawa-based explorer Orezone Gold (ORE-T) looks to have another West African success story on its hands, with a world-class…


Surprise Molycorp financing hits share price

Shares of Molycorp (MCP-N) plunged 7.5% to US$11.16 per share — a 52-week low — on the day the U.S.-based rare earth company said it would raise US$450 million in convertible senior notes and common equity.


Puma hunts high-grade silver in New Brunswick

In late February the Fraser Institute published a survey that labelled New Brunswick the world’s most attractive jurisdiction for mineral exploration, and that sounds about right to Puma Exploration (PUM-V). The Rimouski, Que., based…


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…


Examining cathode at BHP Billiton's Olympic Dam copper-uranium-gold mine and mill in South Australia. Photo by BHP Billiton

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…


A drill rig and bulldozer arrive at Riverside Resources and Cliffs Natural Resources' Huerta project in Jalisco, Mexico. Photo by Riverside Resources

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…


Saskatchewan potash developers pull in their horns

Rising costs and inconsistent downstream demand have taken a toll on potash and fertilizer producers during the first half of 2012, with volatile global markets now impacting the strategies of several mega miners in Saskatchewan’s…


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