Volume 98 Number 31 Sep 17 - 23, 2012

Paramount grows resource at San Miguel

Paramount Gold and Silver (PZG-T, PZG-X) has bulked-up its Mexican resources in a serious way. The company released an updated resource estimate for its wholly owned San Miguel project in the country, boosting indicated gold resources by 547%,…



Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Sept 10 Sept 7 Sept 6 Sept 5 Sept 4   US$ in C 0.9762 0.9778 0.9825 0.9902 0.9863  …


An aerial view of the landscape at Rainy River Resources' eponymous gold project in northwestern Ontario. Photo by Rainy River Resources

Rainy River adds more shine to PEA

Rainy River Resources’ (RR-T) updated preliminary economic assessment (PEA) proposes a smaller, higher-grade and lower-cost gold mine at its namesake project in northwestern Ontario. Given the current negative market conditions, the…



The discovery hole marker at NuLegacy's Red Hill gold project in Nevada. Photo by Ian Bickis

NuLegacy gets in line on Nevada’s Cortez trend

A little over two decades ago Roger Steininger made a major gold discovery in Nevada by bucking conventional wisdom. Today he’s trying to do it again.Steininger has found himself chief operations officer and a director at Nevada-focused…



Toronto Stock Exchange

The S&P/TSX Composite Index gained during the trading week to close at 12,268.01, up 319 points from where it began.The lift followed two major announcements, including the European Central Bank’s plan to buy government bonds from…


TSX Venture Exchange

The TSX Venture Exchange collected itself and resumed its forward march. After falling four straight days the week before, the holiday shortened period saw the index climb 31 points to 1,276.71 points, on the back of renewed enthusiasm for…


U.S. markets

Hope for more stimulus from the U.S. Federal Reserve after disappointing jobs data in August; the Chinese government announcing a US$150-billion infrastructure-building program; and news that the European Central Bank plans to buy more…



Short position reports

TSX Short Positions         Short positions outstanding at Aug 31/12 (with changes from Aug 15/12).      Largest Short Positions         Security Ticker Total Short Change Lundin Mining  LUN 44646706 476706…


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