VANCOUVER — The mid-August rebound of the S&P TSX Venture Composite Index came to a halt in the August 27 to 31 period as four days of losses left the index down 11.14 points at 1,240.74. Volume was in line with recent weeks at an…
Torex Gold Resources (TXG-T) was the most actively traded stock on the TSX after publishing a bankable feasibility study for its Morelos project in the prolific Guerrero gold belt, 180 km southwest of Mexico City.
Hopes of further injections of liquidity from the U.S. Federal Reserve following a speech Aug. 31 by Chairman Ben Bernanke sent gold prices higher and helped stem losses on U.S. equity markets. Bernanke’s remarks that the central bank is…
The S&P/TSX Venture Composite Index climbed for a second week, up 18.46 points in the period to end at 1,251.88 points after four days of gains. Volume was fairly consistent and reached an average of 68 million shares traded daily.
Sandstorm Gold (SSL-V) is looking to raise $150 million so it can add to its precious-metal streams. The sum is comprised of $130 million from a bought-deal financing at $10 per unit, plus up to $20 million from underwriters who can buy…
First Majestic Silver (FR-T) is busy building its Del Toro silver project, which is set to become its fifth producing silver mine in Mexico, with initial production expected by year-end.
The Dow Jones Industrial Average and the S&P 500 Index ended a five-week winning streak despite glimmers of hope that the U.S. Federal Reserve may provide more stimulus, and news that the European Central Bank could set targets in a new…
SPOT PRICESCourtesy of ScotiaBankTuesday, August 7, 2012 Precious MetalsPrice…
TSX Short Positions Short positions outstanding at Aug 15/12 (with changes from July…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31 US$ in C n/a 0.9986 1.0062 1.0017 1.0014 …
Drill results from Sabina Gold & Silver’s (SBB-T, SGSVF-O) Back River project in southwestern Nunavut — 520 km northeast of Yellowknife, and 50 km southeast of Xstrata Zinc’s Hackett River silver-zinc project —…
It didn’t take long for Brazilian Gold (BGC-V) to get a resource on its recently discovered VG1 deposit in Brazil.
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