People
Athabasca Uranium — Paula Rogers appointed a director.Atlanta Gold — Wm. Ernest Simmons appointed president and CEO.Aura Minerals — Britt Reid departed as executive VP and COO.Canadian Electrolytic Zinc — Eva Carissimi…
United States
[Update] Great Basin’s great descent
Great Basin Gold (GBG-T, GBG-X) continues to tumble as it’s placed under a delisting review by the Toronto Stock Exchange, following the market response to the suspension of the company’s Burnstone gold mine in South Africa.
Strathmore diversifies with copper and gold
Strathmore Minerals (STM –T) has gained a bit of diversification.
TSX Venture Exchange
The mid-August rebound of the S&P/TSX Venture Composite Index came to a halt as four days of losses pulled the index down 11.14 points to 1,240.74. Volume was in-line with recent weeks at an average of 71.4 million shares traded daily,…
US markets
Hopes of further liquidity injections from the U.S. Federal Reserve following a speech on Aug. 31 by Chairman Ben Bernanke sent gold prices higher and helped stem losses on U.S. equity markets. Bernanke’s remarks that the central bank is…
Metals, mining and money market
SPOT PRICESCourtesy of ScotiaBankTuesday, September 4, 2012 Precious MetalsPrice…
Short position reports
TSX Short Positions Short positions outstanding at Aug 15/12 (with changes from July…
People
Aurico Gold — René Marion to resigned as president, CEO and a director in Sept. for health reasons; Scott Perry appointed president and CEO; Colin Benner appointed executive chairman.AuRo Resources — John Gomez appointed CEO,…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Sept 3 Aug 31 Aug 30 Aug 29 Aug 28 US$ in C n/a 0.9926 0.9926 0.9875 0.9864 …
Positive economics for Midas’ Golden Meadows
Midas Gold (MAX-T) has outlined a positive preliminary economic assessment (PEA) for its Golden Meadows project in Idaho, 153 km northeast of Boise, the state capital.
The investment case for phosphate, Quebec, and Arianne
When Michael Goldberg of Stonecap Securities looks at Arianne Resources (DAN-V) and its phosphate project in northern Quebec he sees one thing: a takeover target.
TSX Venture Exchange
The S&P/TSX Venture Composite Index climbed for a second week, up 18.46 points in the period to end at 1,251.88 points after four days of gains. Volume was fairly consistent and reached an average of 68 million shares traded daily.