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US markets

Wall Street enjoyed a three-day winning streak and ended in positive territory despite sobering news at the end of the week that Spain’s indebted region of Valencia had asked the central government for financial aid, reigniting fears that…



Short position reports

TSX Short Positions       Short positions outstanding at July 15/12 (with changes from June 30/12).         Largest Short Positions       Security Ticker Total…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 23 July 20 July 19 July 18 July 17   US$ in C 1.0172 1.0114 1.0077 1.0112 1.0141  …


Sinking the Gaumond exploration shaft at Goldcorp's lonore gold project. Photo by Goldcorp

Goldcorp remains on target at Eleonore

Goldcorp’s (G-T, GG-N) new Éléonore gold mine under construction in northern Quebec’s James Bay region is a cornerstone of the company’s four-year expansion of operations worldwide.Éléonore is the…


Golden Arrow gets lift from drill results

Stepout drilling at Golden Arrow Resources’ (GRG-V) Chinchillas silver project in Argentina’s Jujuy province has returned several long intercepts including 29 metres grading 631 grams silver per tonne, the company reports.The…


An aerial view of core racks at Intrepid Mines' Tujuh Bukit copper-gold project in Java, Indonesia. Photo by Intrepid Mines

Indonesian ‘shadow interests’ frustrate Intrepid

Brisbane, Australia-based Intrepid Mines (IAU-T) is the latest victim in an ongoing nationalization saga in Indonesia and its neighbours. On June 28 an unknown entity seized control of its Indonesian joint-venture partner Indo Multi Niaga…



Commentary: Digging into valuable US tax incentives

Many Canadian miners operating in the U.S. are not aware of the extensive tax incentives that the U.S. government offers to individuals and companies exploring, developing and extracting minerals. These tax incentives can provide significant…


An aerial view of drought-affected farms, 130 km east of Denver, Colo. Green areas are irrigated, the yellow areas are dryland wheat crops. Photo by Lance Cheung/USDA

US drought: a benefit to fertilizer companies?

If the dry weather in the U.S. continues, it could turn out to be “the worst drought of our generation,” CIBC analyst Jacob Bout writes in a 196-page industry report, noting that damage to the corn crop so far this year is…


Wesdome Gold Mines CEO Donovan Pollitt cuts the ribbon at the Mishi gold mine opening in Wawa, Ontario. Photo by Alisha Hiyate

Wesdome goes back to the well with Mishi

While many juniors embrace a mantra of growth at any cost, pursuing pricey takeovers or drilling endlessly to produce impressive-sounding resource estimates, Wesdome Gold Mines (WDO-T) takes a ­different tack.With a decidedly conservative…


Exploration geologists Rory Krocker (front) and Adam Larsen examine core at Treasury Metals' Goliath project. Photo by Treasury Metals

Aquiline grads look for treasure in Ontario

Three years after selling the ­world-class Navidad silver deposit in Argentina, the key members of the former Aquiline Resources team are looking to strike pay dirt again — only this time, they are doing it closer to…


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