Hecla Mining’s (HL-N) attempt to derail a merger agreement reached last month between U.S. Silver (USA-T, USSIF-O) and RX Gold & Silver (RXEXF-O) has fallen short. Both U.S. Silver and RX Gold shareholders have voted in favour of a…
It is not often that a mining company finds itself headlining space publications and astronomy journals, but that is exactly what happened to North American Nickel (NAN-V, WSCRF-O) when the Geological Survey of Denmark and Greenland announced…
ng harder to find and even harder to put into production owing to social and political hurdles, a small but growing group of companies are looking to the sea floor as their next source of riches.Nautilus Minerals (NUS-T) has been at the…
Kinross Gold’s (K-T, KGC-N, KNRSF-O) Tye Burt joins the growing ranks of fallen CEOs at companies struggling to keep investors satisfied at a time of depressed share prices, cost inflation, project delays and internal reviews of assets….
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 …
Mining-giant Anglo American (AAL-L, AAUKY-O) looks to have finally secured a slice of the frenzied coal-mining push in the southern Tete province of Mozambique. Anglo had been exploring acquisition options in the area in a bid to lock down a…
he S&P/TSX Composite Index was off 101 points to 11,662.59 for the period after the European Central Bank disappointed investors. In the previous period ECB president Mario Draghi ignited a market rally by saying the central bank would do…
The S&P/TSX Venture Composite Index slipped 3.69 points to 1,186.95 in the period after three days of losses outweighed two days of gains. Volume was up by several million to an average of 62 million shares traded daily, but still well in…
The Dow Jones Industrial Average ended the week above the 13,000 level following mixed economic news from the U.S. and Europe. The Dow gained 20 points to close at 13,096.17. The U.S. Labour Department said that employers added 163,000…
SPOT PRICESCourtesy of ScotiaBankTuesday, August 7, 2012 Precious MetalsPrice…
TSX Short Positions Short positions outstanding at July 31/12 (with changes from July 15/12). Largest Short Positions…
In a story that reads somewhat like a 1980s spy novel, Russian gold miner Nord Gold, the nation’s third-largest gold producer, looks poised to finally gain full control of Toronto-based producer High River Gold Mines (HRG-T). What makes…
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