Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankTuesday, July 24, 2012 Precious MetalsPrice…
Canada
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…
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…
Northern Graphite falls on Bissett Creek feasibility study
A race is on amongst prospective graphite producers and Ottawa-based Northern Graphite (NGC-V) has been one of the favourites with its advanced-stage Bissett Creek property 100 km east of North Bay, Ont. The company released a bankable…
Nighthawk to soar on NWT gold
Gold finds in the Far North don’t begin and end with the Yukon. While the territory has hogged much of the exploration headlines over the last few years, Nighthawk Gold (NHK-V) is reminding investors that the territory to the east still…
Spanish Mountain aims for improved economics
VANCOUVER — Vancouver-based explorer Spanish Mountain Gold (SPA-V) is on track to release updated economics at its Spanish Mountain gold project 70-km northeast of Williams Lake, B.C. by October. The company pushed back the date on its…
Interview with Agnico’s Sean Boyd
At a time when investor sensitivities to management miscues and misguided strategies are running high, Agnico-Eagle Mines (AEM-T, AEM-N) stands out as a miner that has stuck to its mantra of providing stable growth with low political…
Sherritt copes with falling prices and permit delays
VANCOUVER — Toronto-based Sherritt International (S-T) is suffering from symptoms of the global economic slowdown, including rising cash costs and lower realized prices on production.
Agnico has its mines humming along
The message out of Agnico-Eagle Mines (AEM-T, AEM-N) headquarters after the second quarter is one of stability and efficiency.