Canada

Mega Precious looks to go 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…




TSX Venture Exchange

The S&P/TSX Venture Composite Index managed a 20.36-point gain in the period to end at 1,211.35 after two days of gains and two days of losses. The climb came despite low volumes and averaged 59 million shares traded daily. The drop in…



Short position reports

TSX Short Positions         Short positions outstanding at June 30/12 (with changes from June 15/12). Largest Short Positions    Security Ticker Total Short Change Lundun Mining LUN 39781693 1390216 New Gold…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 9 July 6 July 5 July 4 July 3   US$ in C 1.0212 1.0199 1.0131 1.0128 1.0123  …


An aerial view of a trench at Ethos Gold's Betty gold project in the Yukon. Photo by Ethos Gold

Mixed results for Ethos Gold’s first pass at Betty

The first drill program on Ethos Gold’s (ECC-V) Betty project in the Yukon has yielded encouraging gold ­discoveries, and numerous blanks.The first half of a phase-one drill program includes results for 22 reverse-circulation drill…


From left: Geologist Jacques Stacey, exploration manager Bill Cronk and COO Andrew Berry, in front of the Nutaaq Camp at Kivalliq Energy's Angilak uranium project in Nunavut. Photo by Kivalliq Energy

Kivalliq eyeing new uranium district in Nunavut

Kivalliq Energy (KIV-V) is cashed-up and moving forward with an ambitious exploration program on its 1,000-sq.-km Angilak property in Nunavut, just as the Nunavut government has formalized its uranium policy.The company completed an…



Cameco's uranium conversion facility in Port Hope, Ontario. Photo by Cameco

Technical analysis report: Uranium stocks show signs of life

Ever since the great bull run in uranium prices leading into 2008, investors have been waiting for the second leg up.The macro story, after all, didn’t change after the 2008 crisis subsided: a surge in nuclear reactor construction in…


Western Potash takes novel approach

When Western Potash (WPX-T) starts commercial production at its Milestone potash mine in Saskatchewan in 2016, it will draw much of its water from treated sewage effluent from the city of Regina, about 30 km away.As much as 60,000 cubic metres…


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