Golden Predator makes gains in the Yukon
The New Year got off to a strong start for Golden Predator (GPD-T) in the Yukon with drill results from the Sleeman zone at its flagship Brewery Creek deposit and a new gold discovery at Cache Creek.
2012
Helio high on southern Tanzania
Helio Resource Corp. (HRC-V) continues to show that Tanzania has plenty of gold potential further south than most Western investors would have it.
Commentary: Canada’s Minister of Natural Resources Joe Oliver on diversifying energy markets and streamlining regulatory processes
Canada is on the edge of an historic choice: to diversify our energy markets away from our traditional trading partner in the United States or to continue with the status quo.
Goldcorp falls short of production targets, again
Before Goldcorp (G-T, GG-N) began commercial production at its expanded Red Lake gold mine on Jan. 1, 2001, the company was a 100,000-oz.-a-year mid-tier gold producer struggling to become a top senior gold miner. But by the end of the year,…
Venture sees gains in first trading period of 2012
Vancouver – The first trading period of 2012 saw the S&P TSX Venture Composite Index climb 41.07 points between January 3 and 6 to end at 1,525.73 points. Volume was noticeably down at an average of 75 million shares traded daily.
TSX starts strong, then stumbles
The TSX Composite index began the New Year looking to shake off the down trend of the year past. But fears around the European debt situation re-surfaced by the end of the Jan. 3-6 period and curtailed some of those market gains. Overall,…
Teck to buy SilverBirch Energy
Teck Resources (TCK.B-T, TCK-N) is raising its exposure to Alberta’s oil sands with plans to purchase SilverBirch Energy (SBE-V) in a cash and stock deal worth about $435 million. The acquisition will give Teck the rest of the Frontier oil…
U.S. equities turn positive, Jan. 3-6
The first week of 2012 started off better than expected for U.S. equities with the Dow Jones Industrial Index climbing 1.17% or 142.36 points to close at 12,359.92 and the S&P 500 index rising 1.61% or 20.21 points to finish at 1,277.81….
Auracle shares pop 51% before drill results
Shares of new Vancouver-based gold explorer Auracle Resources (AAL-V) spiked 51% last week to 46¢ apiece before the release of assay results from the company’s first round of drilling at its Mexican Hat gold property in Arizona.
TSX short positions
Short positions outstanding at Nov. 30/11 (with changes from Nov. 15/11).
TSX Venture short positions
Short positions outstanding at Nov. 30/11 (with changes from Nov. 15/11).
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)