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…
United States
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 30 July 27 July 26 July 25 July 24 US$ in C 1.0033 1.0060 1.0101 1.0181 1.0208 …
Editorial: Spreadsheets vs. reality
The best-laid schemes o’ the mining industry’s mice an’ men gang aft agley an awful lot these days, leaving investors with nothing but “grief an’ pain, for promis’d joy!”Yea, the inability of mining…
Canamex soars 290% on high-grade hit
Canamex Resources’ (CSQ-V) shares soared to new heights after the company released the best hole to date from its Bruner gold-silver project in central Nevada. On July 18 the junior reported the monstrous hole returned 118…
UPDATE:Hecla goes hostile on U.S. Silver
In yet another sign that M&A continues to pick up steam Hecla Mining (HL-N) is seeking to derail a merger agreement reached last month between U.S. Silver (USA-T) and RX Gold & Silver (RXEXF-O), and scoop up U.S. Silver for itself in an…
[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.
Commentary: Digging into valuable US tax incentives
Many Canadian miners operating in the U.S. are not aware of the extensive tax incentives that the U.S. government offers to individuals and companies exploring, developing and extracting minerals. These tax incentives can provide significant…
TSX Venture Exchange
The S&P/TSX Venture Composite Index climbed 9.23 points to end at 1,196.19 points after three days of gains outweighed two days of losses. Volume would have increased noticeably if it weren’t for a scant 44.4 million shares traded on…
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…
US markets
Wall Street enjoyed a three-day winning streak and ended in positive territory despite sobering news at the end of the week that Spain’s indebted region of Valencia had asked the central government for financial aid, reigniting fears that…
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…