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TSX Venture Exchange

The S&P/TSX Venture Composite Index managed a 20.36-point gain in the period to end at 1,211.35 after two days of gains and two days of losses. The climb came despite low volumes and averaged 59 million shares traded daily. The drop in…



U.S markets

U.S. markets were in positive territory before closing for the Independence Day holiday, but moved downward after disappointing jobs data showed non-farm payrolls added 80,000 jobs in June for the third month in a row that employment grew by…


Short position reports

TSX Short Positions         Short positions outstanding at June 30/12 (with changes from June 15/12). Largest Short Positions    Security Ticker Total Short Change Lundun Mining LUN 39781693 1390216 New Gold…


Exchange rates

EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 9 July 6 July 5 July 4 July 3   US$ in C 1.0212 1.0199 1.0131 1.0128 1.0123  …


Editorial: Goin’ down, down

Working in a coal mine in the U.S. these days involves not only staying focused on getting your job done, but also wondering whether the company you work for can pay its bills and remain a viable concern.The industry was booming as recently as…


NovaGold attempts to de-risk high-cost Donlin project

VANCOUVER — NovaGold Resources (NG-T, NG-X) bounced off 52-week lows after announcing it had achieved a number of milestones on the road to developing its Donlin gold project northeast of Anchorage, Alaska. Donlin is one of the largest…


Cline hit hard by falling coal demand, suspends New Elk ops

VANCOUVER — Global economic woes stemming from the Euro crisis and slowing industrial activity in some of the world’s largest economies continue to take a toll on coal producers, as Toronto-based developer Cline Mining (CMK-T) opted…



TSX Venture Exchange

The S&P/TSX Venture Composite Index declined for another week, though losses were limited to 15.04 points after a late rebound that had the index close the period at 1,190.99 points. Volume climbed by a few million compared with the week…


US markets

U.S. equities jumped late in the week on news that European leaders agreed to distribute rescue funding directly to troubled national banks, which marked a victory for Spain and Italy, where borrowing costs where hitting dangerous levels…


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