Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, August 7, 2012 Precious MetalsPrice…
Canada
Short position reports
TSX Short Positions Short positions outstanding at Aug 15/12 (with changes from July…
Letters to the editor: Barkerville article ‘disturbing’
We have been very long-time subscribers of your newspaper as a source of factually correct information in the mining industry. We want to draw your attention to some serious errors found in your article, “Barkerville in the doghouse with…
Exchange rates
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 …
Northern Tiger rouses Sleeping Giant
Northern Tiger Resources (NTR-V) has renewed interest in the Sleeping Giant zone at the 3Ace project in southeast Yukon, with some encouraging sample results.
Letters to the editor: TNM discriminating against chrysotile asbestos
What a deception to read in your editorial, “Ooh la la: Is Plan Nord becoming Plan Non?” (T.N.M. Aug. 20–26/12) that you qualify the support to chrysotile asbestos mining in the Eastern Townships by the Quebec and federal…
Saskatchewan potash developers pull in their horns
Rising costs and inconsistent downstream demand have taken a toll on potash and fertilizer producers during the first half of 2012, with volatile global markets now impacting the strategies of several mega miners in Saskatchewan’s…
Sabina Gold & Silver makes progress in Nunavut
Drill results from Sabina Gold & Silver’s (SBB-T, SGSVF-O) Back River project in southwestern Nunavut — 520 km northeast of Yellowknife, and 50 km southeast of Xstrata Zinc’s Hackett River silver-zinc project —…
Selwyn advances on two fronts
Rather than fuss with fickle equity and debt markets, Selwyn Resources (SWN-V) wants to raise some of the cash it needs from its own assets.
Puma hunts high-grade silver in New Brunswick
In late February the Fraser Institute published a survey that labelled New Brunswick the world’s most attractive jurisdiction for mineral exploration, and that sounds about right to Puma Exploration (PUM-V). The Rimouski, Que., based…
[Update] Liberty looks for a ray of light
Less than two weeks after Timmins, Ont.-focused Liberty Mines (LBE-T) temporarily halted production because of declining nickel prices and posted a positive preliminary economic assessment (PEA) for its Hart nickel deposit.
Integra cuts high-grade at Lamaque
VANCOUVER — It has been a promising six months for Vancouver-based explorer Integra Gold (ICG-V), as the company completes a 30,000-metre diamond drill program at its wholly-owned Lamaque gold project — located in the Val-d’Or…