People
Allana Potash — Richard Kelertas appointed senior VP of corporate development.American Vanadium — Ron Espell appointed VP of environmental.Atico Mining — Fernando Ganoza appointed CEO.Augusta Resource — Raghunath…
United States
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 2 June 29 June 28 June 27 June 26 US$ in C N/A 1.0191 1.0333 1.0257 1.0265 …
Uranerz discovers new uranium trend in Wyoming
Uranerz Energy (URZ-T, URZ-X) says it has discovered a new uranium trend on its Monument project, 24 km southeast of where the company is building its first in-situ recovery uranium mine at the Nichols Ranch project in Wyoming’s…
High Desert hits new zone at Gold Springs
High Desert Gold (HDG-V) said it would find new gold mineralization in undrilled areas below outcropping gold mineralization and now it has.
More about cost overruns on capital development
I am an advocate of change for the better, as well as the preservation of those things that work well, but there seems to be a lack of good balance between the two these days when it comes to project development in mining. It seems to me that…
Market News
Toronto Stock Exchange
TSX venture exchange
The S&P/TSX Venture Composite Index sunk to a new low, dropping 45 points to close at 1,206.03. The closing position puts the index at a new 52-week low, and at its lowest level since September 2009. With no spikes in volume during the week…
Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankFriday, June 26, 2012 Precious MetalsPrice…
Short position reports
TSX Short Positions Short positions outstanding at June 15/12 (with changes from May 31/12). Largest Short Positions Security Ticker Total Short Change New Gold NGD 40853651 805488…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 25 June 22 June 21 June 20 June 19 US$ in C 1.0303 1.0260 1.0251 1.0194 1.0178 …
Editorial: Putting the Lie in Libor
Have you ever felt the whole game was rigged? Well, there’s some justification for that feeling, as the month of June closed out with British banking giant Barclays doing the perp walk and agreeing to pay out a relatively miniscule US$453…
New Gold starts up New Afton in BC
New Gold (NGD-T, NGD-N) brings online a fourth mine with the timely start up of its New Afton gold-copper mine, near Kamloops, B.C.