Commentary: Ontario and Quebec propose changes to mining rules
Interestingly, both Ontario and Quebec are proposing significant changes to their respective mining legislation.
Canada
Pretium’s record-breaking grades at Brucejack
VANCOUVER — Pretium Resources (PVG-T, PVG-N) continues to pull incredibly high gold hits from its Brucejack project in northern British Columbia.
Premier hits more high-grade at Trans-Canada
In an exploration update, Premier Gold Mines (PG-T) says it continues to intersect and expand on several horizons at its Trans-Canada gold project in northwestern Ontario, while hitting multiple high-grade intercepts.
Venture slips on low volumes in July 23-27 period
VANCOUVER — The S&P TSX Venture Composite Index slipped 5.55 points in the July 23 to 27 period to end at 1,190.64 points after two days of losses outweighed three days of gains. Volume was down considerably, coming in roughly 20…
[Update] Barrick unveils setbacks, cost hikes, output revisions
Barrick Gold (ABX-T, ABX-N) packed its much anticipated second-quarter financials with quite a few punches, causing analysts to cut their price targets.
Mega Precious can’t help but think big
Mega Precious Metals (MGP-V) could be the most aptly named gold company on the junior circuit. With assets in Manitoba and Ontario, the company’s well-heeled management team thinks bigger is better when it comes to mining. The philosophy…
Toronto Stock Exchange
The S&P/TSX Composite Index gained in four straight sessions during the trading week before dipping on July 20 to end at 11,622.91 points, up 108.38 from where it began. The S&P/TSX Capped Diversified Metals & Mining Index also eked…
Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, July 24, 2012 Precious MetalsPrice…
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…
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…
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 …
Editorial: Atleo keeps his crown
Every once in a while, by a cosmic long shot, the meek really do inherit the Earth. What’s unsaid is that they’re never so meek again once they’ve taken the reins of power.Amid increasing calls for his ouster, Shawn Atleo…