Market News
Toronto Stock Exchange
United States
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.
Market news
TORONTO STOCK EXCHANGE
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…