Medusa Mining’s (MML-L, MML-Z) vein system at its Co-O underground mine in the Philippines — which remains open at depth and in all directions — produced 15,557 ounces of gold in the quarter ended June 30 at cash costs of…
VANCOUVER — The S&P TSX Venture Composite Index climbed for a second week, up 18.46 points in the August 20 to 24 period to end at 1,251.88 points after four days of gains. Volume was fairly consistent with the rest of August at an…
VANCOUVER — With three successful gold operations in China, Vancouver-based producer Eldorado Gold (ELD-T, EGO-N) has established a strong track record in a mining jurisdiction that offers a variety of challenges for international…
Dundee Capital Markets has hiked its twelve-month target price on Keegan Resources (KGN-T) by $1.50 to $5.50 per share after the West Africa-focused junior outlined ways of cutting capital costs by as much as US$246 million at its flagship…
The Dow Jones Industrial Average and the S&P 500 ended a five-week winning streak despite glimmers of hope that the U.S. Federal Reserve may provide more stimulus and news that the European Central Bank is debating whether to set targets in…
TSX Short Positions Short positions outstanding at Aug 15/12 (with changes from July…
The S&P/TSX Composite Index slipped 7.66 points during the Aug. 20-24 trading week to close at 12,082.23.
SPOT PRICESCourtesy of ScotiaBankTuesday, August 7, 2012 Precious MetalsPrice…
TSX Short Positions Short positions outstanding at July 31/12 (with changes from July 15/12). Largest Short Positions…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31 US$ in C n/a 0.9986 1.0062 1.0017 1.0014 …
MAG Silver (MAG-T, MVG-X) has approved a US$25-million budget for mine permitting and underground development work at its Juanicipio silver project in Mexico’s Zacatecas state, a joint-venture with Fresnillo (FNLPF-O, FRES-L).
Of Coeur d’Alene Mines’ (CDM-T, CDE-N) five producing precious metals mines, Palmarejo in northern Mexico is the largest contributor to the company’s sales and cash flow. Metal sales from the mine in Chihuahua state last year…
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