TSX VENTURE SHORT POSITIONS (January 24, 2011)
Short positions outstanding at Dec. 31/10 (with changes from Dec. 15/10). Largest short positionsTournigan Energy TVC 4571600 2291600Great Western Minerals …
Volume 96 Number 49 Jan 24 - 30, 2011
LENDING RATES (January 24, 2011)
as of 9 a.m. ET. Aug. 23, 2010 (%)Bank of Canada 1.00Target overnight rate 0.75Canadian Prime 2.75U.S. Discount Primary 0.75U.S. Fed Funds market…
EXCHANGE RATES (January 24, 2011)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)Date Jan 17 Jan 14 Jan 13 Jan 12 Jan 11US$ in C$ 0.9862 …
INTERNATIONAL QUOTES (January 24, 2011)
Australia (A$) Aug 24 Aug 17 ChangeAquila Resources 8.3 8.69 -0.39Bendigo Mining 0.18 …
Fredonia looks good to Eaglecrest
Eaglecrest Explorations (eel-v) turned in some interesting results from a first-pass sampling program at its Fredonia gold project in Colombia. The highlight assay returned 8.25 grams gold per tonne and 47.5 grams silver per tonne and came from…
Geo Minerals, Inmet drill Arizona porphyry copper targets
Joint-venture partners Geo Minerals (gm-t) and Inmet Mining (imn-t) have resumed drilling on a copper porphyry target at the Middle Mountain property in south-central Arizona.At least two reverse circulation (RC) holes are planned to test for…
Eastern Platinum rakes in $348M
With platinum prices expected to climb further in 2011, Canada’s biggest platinum producer had little trouble raising $348 million to help pay for the first phase of its Eastern Limb development plan in South Africa. In an equity…
Stornoway hustles for Renard
In December Stornoway Diamond (swy-t) struck a deal with provincially owned Soquem to buy the remaining half of the Renard diamond project in Quebec.Under the proposed agreement, Diaquem, a wholly owned subsidiary of Soquem, will receive…
Western Copper plans to get more out of Casino
Western Copper (wrn-t) says its Casino gold-copper project in the Yukon can process more ore than previously believed. The company has been in the midst of updating its prefeasibility study from 2008 ever since it released a significantly…
Rainy River secures $75M financing
On the back of its flagship 5-million-oz. Rainy River gold project in northwestern Ontario, Rainy River Resources (rr-v) has closed a $75-million bought-deal financing just as gold is starting to lose a little of its lustre.The private…
Rio Alto secures $50M financing
Rio Alto Mining (rio-v) is raising $50 million in a private placement to fund its La Arena copper-gold project 480 km northwest of Lima in Peru.A syndicate of underwriters led by GMP Securities and including Scotia Capital, Clarus Securities…
Avion grows in West Africa
Avion Gold (avr-t, avgcf-o) continues to bulk up on West African gold assets as it has closed a deal to acquire the Kofi property in Mali from Axmin (axm-v). In total Avion will pay Axmin $500,000 in cash and issue 4.5 million of its shares for…