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TORONTO STOCK EXCHANGE
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TSX venture exchange
The S&P/TSX Venture Composite Index dropped 41.91 points after four days of losses outweighed one day of gains, ending at 1,251.02. Volume was also down for most of the period, but a spike at the end of the week left the average volume…
US Markets
U.S. factory output contracted in May for the second time in three months and consumer prices fell 0.3%, but news late in the week that major central banks were prepared to take collective action to provide liquidity and prevent a credit…
Short position reports
TSX Short Positions Short positions outstanding at June 15/12 (with changes from May…
Letter to the Editor: Management quality not what it used to be
The commentary by Jay Collins you published (“Cost overruns on capital development — a growing concern,” T.N.M., June 11–17/12) strikes me as both timely and appropriate.Our industry has gone through many changes in the…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date June 18 June 15 June 14 June 13 June 12 US$ in C 1.0266 1.0244 1.0247 1.0270 1.0268 …
People
Animas Resources — Gregory McKelvey resigned as a director; Donald Ranta will not stand for re-election as a director; John R. Wilson and David Beling nominated for election as directors.Argex Mining — Normand Bergeron appointed a…
Quaterra completes MacArthur PEA
Quaterra Resources (QTA-V, QMM-X) has taken a step closer to near-term production at its MacArthur project, a fully stripped porphyry copper-oxide property in western Nevada’s historic Yerington copper district.A preliminary economic…
Yamana ramps up exploration at El Penon
Of Yamana Gold’s (YRI-T, AUY-N) $125-million budgeted for exploration this year — a 10% increase over 2011 — about $29.5 million, or 23%, is earmarked for northern Chile, where it owns 100% of the high-grade El Penon…
Uranerz discovers new uranium trend
Uranerz Energy Corp. (URZ-T, URZ-X, URZ-N) says it has discovered a new uranium trend on its Monument project, just 24 kilometres southeast of where the company is building its first in-situ recovery uranium mine at the Nichols Ranch project in…
Silver Predator’s Taylor project doesn’t disappoint
Results from the first fourteen of twenty-five drill holes from its 2012 exploration program at its flagship Taylor project in Nevada sent shares of Silver Predator (SPD-T) up 35% to 25¢ a share on 7,300 shares traded.
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