ODDS ‘N’ SODS
A surprise at ‘Camp Nowhere’ / 4
BALMORAL RESOURCES
Adds to land position in the Abitibi / 3
AUGUST 15-21, 2016 / VOL. 102 ISSUE 27 / GLOBAL MINING NEWS · SINCE 1915 / $3.99 / WWW.NORTHERNMINER.COM
Odin Mining to buy
Ecuador Gold and Copper
ECUADOR   | Both juniors comfortable with the improving mining jurisdiction
Inspecting drill collars at the Santa Barbara gold-copper prospect, part of Ecuador Gold and Copper’s Condor property in Ecuador, from left (in orange vests): Marshall
Koval, Odin Mining’s president and CEO, and Odin directors John Youle and Diego Benalcazar.   ODIN MINING
BY TRISH SAYWELL
tsaywell@northernminer.com
I
n a friendly all-share deal that
knits together assets in southern
Ecuador, Odin Mining and Ex-
ploration (TSXV: ODN), a junior
that counts mining entrepreneur
Ross Beaty as its largest share-
holder, is acquiring Ecuador Gold
and Copper (TSXV: EGX), whose
Condor project contains millions
of ounces of gold and is just 25
km south of Lundin Gold’s (TSX:
LUG: US-OTC: LUG) Fruta del
Norte project, one of the largest
and highest grade undeveloped
gold projects in the world.
Ecuador Gold and Copper’s con-
cessions in southeastern Ecuador
— containing six deposits — are
also situated 50 km south of the
Mirador copper-gold project, one
of the few new sizeable copper
CAMECO: CUTS PRODUCTION AMID WEAK URANIUM PRICES / 11
1 2 3 4 5 11 13 14 16_AUGUST15_Main .indd 1
SILVER WHEATON
“WE’RE REALLY GOOD AT PORPHYRY
COPPER DEPOSITS, AND THE FACT THAT
THERE ARE PORPHYRY TARGETS MEANS
WE’RE REALLY COMFORTABLE WITH THE
GEOLOGY.”
MARSHALL KOVAL
PRESIDENT AND CEO, ODIN MINING
projects in the world nearing pro-
duction. Mirador, formerly owned
by EcuaCorriente, is now owned
by a China’s CRCC-Tongguan In-
vestment, a joint venture between
Tongling Nonferrous Metals Group
and China Railway Construction
Corporation.
Over the last two decades, US$50
million has been spent on explora-
tion across Ecuador Gold and Cop-
per’s 82.8 sq. km property, says Heye
Daun, the company’s president and
CEO, who joined the management
team about a year ago “to breathe
Geotech_Earlug_2016_Alt2.pdf 1 2016-06-24 4:27:20 PM
VTEM™ | ZTEM™ | Gravity | Magnetics
905 841 5004 | geotech.ca
new life and fresh vision into the
company, restart exploration work
and find a strategic partner,” which
has culminated in the transaction
with Odin Mining.
“We have proved up 8 million oz.
gold resources but now, in order
to take them to the next level, we
need a partner with serious techni-
cal and financial capacity, and we
found that with Odin Mining,” he
says in an interview, noting that
Odin’s management team stems
from Beaty’s Lumina Copper group
of companies. “Odin has the Lu-
Boosts gold stream from Vale’s Salobo / 16
Sandstorm
CEO discusses
impact of
rising gold
prices
STREAMING  
| Company
has US$110M in capital
BY MATTHEW KEEVIL
mkeevil@northernminer.com
VANCOUVER
F or streaming financiers like
Sandstorm Gold (TSX: SSL;
NYSE-MKT: SAND), this
year’s rising precious metal prices
are a double-edged sword. The com-
pany’s existing streams, royalties
and equity holdings have become
more valuable, but closing deals
has become more competitive, as
reborn equity markets offer min-
ing companies alternative capital.
On Aug. 3, Sandstorm reported
its second-quarter results, which
are headlined by operating cash
flow of nearly US$9 million and
net income of US$5.2 million. The
company reported gold-equivalent
sales of 12,500 oz., at average cash
costs of US$261 per attributable
See SANDSTORM / 2
PM40069240
mina expertise — as well as the
financial capacity and technical
ability — that’s going to be brought
to bear on these projects, and that’s
what these projects need. That’s the
rationale for this deal.”
Condor’s flagship asset, Santa
Barbara, is a gold-copper porphyry
deposit that contains most of the
resources that have been defined
so far at the project. In addition
to Santa Barbara, Condor hosts
copper-molybdenum porphyry
mineralization at the El Hito de-
posit; intermediate sulphidation
epithermal gold-bearing diatremes,
volcaniclastics and breccia bodies
at the Los Cuyes, Emma and Sole-
dad deposits; and the intermediate
sulphidation, narrow-vein epith-
ermal system in the Chinapintza
deposit, north of Santa Barbara.
(Chinapintza was discovered by
TVX Gold, a mining company
See ECUADOR / 2
2016-08-09 8:08 PM
 2 AUGUST 15–21, 2016 / THE NORTHERN MINER
Odin Mining to buy Ecuador Gold and Copper
ECUADOR From 1
founded by Brazilian former bil-
lionaire Eike Batista.)
Excluding Chinapintza, the Con-
dor project has an indicated resource
of 447.3 million tonnes grading 0.55
gram gold per tonne for 8 million
oz. gold and an inferred resource of
197.6 million tonnes grading 0.40
gram gold for 2.6 million oz. gold.
Marshall Koval, Odin Mining’s
president and CEO, tells The North-
ern Miner in an interview that in
addition to the resources already
defined at Condor, the geology of
the area offers a lot of upside.
“There is significant exploration
potential within the property that
they control,” he says. “Over the last
several years they haven’t been able
to do much in the way of exploration,
so one of the things we’re looking
at is completing a review of all the
geological potential of the property
and focus on additional exploration.
We will continue to do some work
on Santa Barbara as well.
“We’re really good at porphyry
copper deposits, and the fact that
there are porphyry targets means
we’re really comfortable with the
geology,” he continues, adding that
Odin’s vice-president of exploration
and development, Diego Benalcazar,
used to be involved in the Condor
project before Ecuador Gold and
Copper’s ownership. “He knows this
property very well, so we’re pretty
comfortable with it.”
In addition to a management
team with deep experience, Odin
brings to the table an operating
history in Ecuador dating to 1987.
In 1994, the company identified
the Cangrejos area in the Andean
foothills of El Oro province in south-
western Ecuador as the source of the
Biron alluvial gold deposit, which
produced 69,000 oz. gold. Its Can-
grejos project is 30 km southeast of
the port city of Machala and 40 km
from Puerto Bolivar, a deepwater
commercial port.
Meanwhile, Ecuador Gold and
Sandstorm CEO discusses impact of rising gold prices
SANDSTORM From 1
oz. gold.
Sandstorm is now debt free and
has US$110 million in available
capital to pursue opportunities.
“It’s clear that rising gold prices
have increased the equity capital
available to mining companies,”
Sandstorm president and CEO No-
lan Watson said during a conference
call. He says this is “a good thing
for us,” since it also leads to higher
cash flows and higher exploration
spending.
“The number of companies
in desperate need of fixing their
balance sheets has decreased,” he
added. “There are still people look-
ing at streaming deals to remedy
debt problems, however, and we
also see opportunities in terms of
project financing to build mines.
That’s a scenario that we may not
have seen 12 months ago.”
In early July, Sandstorm closed
a US$57.5-million, bought-deal
financing wherein it issued 12.9 mil-
lion shares at U$4.45 each. Watson
said the equity was raised to fund
a potential deal that the company
would not have had enough capital
to complete. He said negotiations are
ongoing, but that the opportunity
is “not exclusive to Sandstorm.”
And there is plenty of competition
in the streaming and royalty space,
given the wealth of capital among
the major players.
For example, Silver Wheaton
(TSX: SLW; NYSE: SLW) recently
offered Brazil’s Vale (NYSE: VALE)
US$800 million to buy another
25% gold stream from the miner’s
1 2 3 4 5 11 13 14 16_AUGUST15_Main .indd 2
The core shack at Ecuador Gold and Copper’s Condor gold-silver project in Ecuador.   ODIN MINING
Copper’s f lagship Santa Barbara
deposit, which the company also
discovered itself, is sometimes com-
pared with AngloGold Ashanti’s
(NYSE: AU) La Colosa gold project
in Colombia, Daun says. La Colosa,
AngloGold’s largest greenfield dis-
covery, sits in the Andean region
of Tolima, 14 km from the town of
Catamarca.
“La Colosa has received hundreds
of millions of dollars of investment
and the project now has what I be-
lieve is 24 million oz. of low-grade
gold resource, and it’s defined as a
world-class copper-gold deposit,”
Daun says. “Some people say Santa
Barbara has the potential to be an-
other La Colosa.”
But of course that will require
more time and money, and is an
exercise the Namibian-born mining
engineer is well qualified for. The
former president and co-founder
of Auryx Gold Corp. co-led that
company through the initial public
offering process, successive capital
raising and project development,
culminating in the $160-million sale
to B2Gold (TSX: BTO; NYSE-MKT:
BTG). The first 10 years of his career
“OUR GROWTH
OVER THE NEXT
THREE YEARS DOES
NOT REQUIRE NEW
MINES.”
NOLAN WATSON
PRESIDENT AND CEO,
SANDSTORM GOLD
Salobo copper-gold mine in Brazil.
Meanwhile, Osisko Gold Royalties
(TSX: OR; NYSE: OR) is on the hunt
for deals with $424 million in cash,
and Franco-Nevada (TSX: FNV;
NYSE: FNV) finished the second
quarter with US$226 million in
cash, and no debt.
“Our growth over the next three
years does not require new mines,”
Watson pointed out. “We want to
ensure the majority of our net asset
value continues to be in this low-
risk profile. We do believe in this
market, however. We can add one
“ODIN HAS THE LUMINA EXPERTISE — AS
WELL AS THE FINANCIAL CAPACITY AND
TECHNICAL ABILITY — THAT’S GOING
TO BE BROUGHT TO BEAR ON THESE
PROJECTS, AND THAT’S WHAT THESE
PROJECTS NEED. THAT’S THE RATIONALE
FOR THIS DEAL.”
HEYE DAUN
PRESIDENT AND CEO, ECUADOR GOLD AND COPPER
were spent building and operating
mines in Africa for the likes of Rio
Tinto (LSE: RIO), AngloGold and
Gold Fields. He also has experience
in mining project finance and port-
folio management with Nedbank
and Old Mutual.
“Most porphyry deposits require
heavy capital investment in explo-
ration and development,” he says.
“That form of capital investment is
not easily raised by a junior. Odin
has the fundraising ability to take
these projects to the next level, so
it made perfect sense.”
Ecuador Gold and Copper says it
has a deep pool of support in Ec-
Yamana Gold’s Chapada gold-copper mine in Brazil, where Sandstorm Gold holds a copper stream agreement.   SANDSTORM GOLD
or two development-stage assets to
the pipeline.
“Precious metal companies have
much greater access to equity capital
in this environment,” he continued.
“We still see some deal flow on the
base metal side, where prices have
not recovered to the same degree.
The equity available to those com-
panies has not rebounded much,
so they still look to monetize pre-
cious metal by-product credits.
We’re looking at a couple of these
potential deals.”
Sandstorm said its attributable
uador from long-term and patient
investors. “EGX has a controlling
group of Ecuadorean shareholders
with deep and well-established local
relationships,” Daun says. “They
are local investors who have been
funding the company throughout
the recent mining downturn, with
a lot of commitment and long-term
vision.”
As for investing in Ecuador, he
says, the government hopes to emu-
late Colombia’s success in attracting
foreign investment into its mining
sector and is taking steps to improve
its regulations. (The government has
hired Wood Mackenzie to advise
gold-equivalent production should
total between 43,000 oz. and 50,000
oz. this year, and it expects annual
production will hit 65,000 oz. by
2020.
The company’s shares have traded
in a 52-week range of $2.82 to $7.92,
and closed at $7.71 at press time.
Sandstorm has 150 million shares
outstanding for a $1-billion market
capitalization.
Scotiabank said in an Aug. 4
trading note that Sandstorm could
face less competition from the larger
streaming firms due to its “smaller-
WWW.NORTHERNMINER.COM
on mining law reforms to attract
investment to mining sector, and
Ecuadorian President Rafael Correa
has expressed support for develop-
ing the country’s mining industry.)
“Over the last decade Colom-
bia has attracted large amounts of
money into mining — some say at
least US$30 billion — and it’s been
one of the outstanding stars for
foreign direct investment in South
America,” Daun says. “Ecuador
recognizes this, and they’re trying
to put in place the right fiscal and
regulatory framework to attract
similar quantums of investment.”
In April, Ecuador opened up new
mining concessions to foreign in-
vestment for the first time, he notes.
“Everybody says it’s a rapidly im-
proving jurisdiction and we can back
up what Lundin has been saying
publicly, which is that the govern-
ment has become supportive and
done everything it can to rectify
what had previously been considered
a difficult jurisdiction for foreign
mining companies.”
Odin Mining’s Koval, agrees.
“We’re way more comfortable with
Ecuador since they improved the
fiscal regime and the Ministry of
Mines and Energy has done a good
job to help bring the investment cli-
mate forward,” he says. “Ecuador is
coming along, and hopefully they’ll
continue to make these improve-
ments.”
Under the terms of the statu-
tory plan of arrangement, Odin
shareholders would own 65% of
the company and shareholders of
Ecuador Gold and Copper would
own 35%. On a fully diluted basis,
the transaction represents a pre-
mium to Ecuador Gold and Copper’s
shareholders of 89%, based on the
company’s 20-day, volume-weighted
average share price. If approved,
Odin would have 204 million shares
outstanding and 211 shares on a fully
diluted basis. Odin would have a
$198-million market capitalization
based on the company’s closing share
price on Aug. 2. TNM
scale approach.”
BMO Capital Markets analyst An-
drew Kaip said that Sandstorm “has
improved liquidity and enhanced
transactional capacity following
quarter-end.”
Watson added that “gold appears
to finally be making a robust move
higher … it trades like a currency,
and so the value is set by supply-
demand fundamentals that are
dictated by a narrative about what
is happening in the world. We are
hearing more and more that there
is risk everywhere people look.” TNM
2016-08-09 8:08 PM
 GLOBAL MINING NEWS THE NORTHERN MINER / AUGUST 15–21, 2016 3

Balmoral Resources CEO Darin Wagner (left) at the Martiniere gold project, 110 km west of Matagami in Quebec.   BALMORAL RESOURCES

Balmoral stakes more ground

near Detour Trend in the Abitibi
QUEBEC GOLD   | New Hwy 810 property is 15 km north of Hecla’s Casa Berardi gold mine
with the way things have been over Martiniere and Fenelon proper- will” have debt, he says.
BY TRISH SAYWELL
tsaywell@northernminer.com the last four or five years with the “THERE ARE SOME ties, we also acquired a regional (Wagner’s other accomplishments
UPSIDES OF THE

B
almoral Resources (TSX: BAR;
US-OTC: BALMF) founder
Darin Wagner has had his
eye on the Hwy 810 property for
years now as part of a corporate
effort to plant the junior explorer’s
flag over greater parcels of Quebec’s
rich Abitibi greenstone belt.
“The Abitibi hosts the second-
largest accumulation of high-grade
gold deposits on the planet, so it
remains a primary focus of mergers
and acquisitions activity in the gold
sector,” says Wagner, a geologist and
the company’s president and CEO.
The 250 sq. km Hwy 810 property
the company staked in early August
is 35 km south of its Bug Lake and
Martiniere West gold deposits (part
of Balmoral’s larger Detour Trend
project in northwestern Quebec),
and just 15 km northeast of Hecla
Mining’s (NYSE: HL) Casa Berardi,
an underground gold mine that
produced 127,900 oz. gold last year.
“There were a couple of bigger
blocks at Hwy 810 that we thought
would eventually come open, and
downturn, they eventually did, so
the time to act was now,” he says.
“There are some upsides of the
downturn — opportunities become
available that wouldn’t necessarily
otherwise.”
The property also happens to sit 18
km south of Selbaie — a mine that
before it closed churned out 53 mil-
lion tonnes of ore (at average grades
of 1% copper, 1.9% zinc, 41 grams
silver per tonne and 0.6 gram gold)
— and 100 km west of Glencore’s
(LSE: GLEN) Bracemac-MacLeod
deposit in the Mattagami volcano-
genic massive sulphide (VMS) camp.
“The property straddles the
Mattagami domain, which has VMS
deposits, and the domain that hosts
Casa Berardi, which is what we liked
about it,” Wagner says. “It has a little
of both — there are clear indications
of both styles of mineralization —
but we’d say the gold mineralization
probably outweighs the base metal
potential. Still, you can’t ignore the
fact that there was a 53-million-
tonne base metal deposit sitting in
your backyard.”
DOWNTURN —
OPPORTUNITIES
BECOME AVAILABLE
THAT WOULDN’T
NECESSARILY
OTHERWISE.”
DARIN WAGNER
FOUNDER, PRESIDENT AND CEO,
BALMORAL RESOURCES
Like Balmoral’s Detour Trend
project to the north, historic ex-
ploration on the Hwy 810 property
seems to have focused on the area’s
base metal potential, and only minor
effort was spent on the structurally
controlled gold targets similar to De-
tour, Casa Berardi and Martiniere.
Wagner notes that the acquisition
partly came from regional compila-
tion work that used the company’s
proprietary airborne and geological
databases.
“In 2010, when we bought the
[magnetic and electromagnetic]
airborne and geological data set that
stretched from north of the Detour
Trend project area to the south of
Casa Berardi,” he says. “We’ve had a
number of these other areas — like
Highway 810 — that we’ve kept an
eye on, and in some cases we’ve
added a few small properties.”
As the name suggests, the prop-
erty boasts excellent access via an
extensive logging road network
connected to regional Hwy 810,
which cuts north–south through the
property. The company uses Hwy 810
to access its Detour Trend project.
Initial testing on the property
is likely to take place next winter
and will not affect the company’s
2016 exploration plans. “The op-
portunity was too good to pass up,
but we don’t want it to distract us
from our other work,” he says. “It’s
a 2017 project for us.”
The company has two drills work-
ing on Martiniere, and the first set
of 2016 results should be out in the
next couple of weeks. Drilling would
continue through to October and
possibly into November, weather
permitting. The $5-million drill
program this year (20,000 metres),
is completely funded and the com-
pany should exit 2016 with more
than $10 million in the treasury,
which Wagner says is more than
the company has ever spent in a
single year.
The company has no debt.
“We never have and we never
include cofounding West Timmins
Mining, which was sold to Lakeshore
Gold for $424 million.)
So far, 51% of the holes drilled
into the Martiniere system have
returned intercepts grading greater
than 10 grams gold per tonne. The
highest-grade sample came from
the Bug Lake footwall zone, mea-
suring 9.71 grams gold over 0.6
metre. The Martiniere gold system
is 45 km east of Detour Gold’s
(TSX: DGC) open-pit gold mine
in Ontario.
Ninety-five percent of the drilling
at Martiniere is less than 250 me-
tres deep. The fully owned system
is open at depth and spans at least
4 by 2 km.
The company has also discovered
the Grasset deposit on its Martiniere
property, 37 km from the project’s
main gold deposits, which contains
nickel, copper, cobalt and platinum.
Grasset has an indicated resource
of 3.5 million tonnes grading 1.7%
nickel-equivalent at a 1% nickel-
equivalent cut-off grade, for 136.28
million lb. nickel equivalent. In-
ferred resources add 91,100 tonnes
grading 1.2% nickel equivalent for
2.39 million contained lb. nickel
equivalent.
Over the last year, Balmoral’s
shares have traded in a range of 33¢
to $1.09. At press time the company
traded at $1.05.
Balmoral has 125 million shares
outstanding for a $131-million mar-
ket capitalization. TNM

Global Leader
Your Technical Services Partner in Geochemistry and Metallurgy
For more information, scan this QR
code or visit www.alsglobal.com
Phone: +1 604-984-0221

RIGHT SOLUTIONS RIGHT PARTNER

Drillers at Balmoral Resources’ Martiniere gold property in Quebec.   BALMORAL RESOURCES

1 2 3 4 5 11 13 14 16_AUGUST15_Main .indd 3 2016-08-09 8:08 PM

 4 AUGUST 15–21, 2016 / THE NORTHERN MINER WWW.NORTHERNMINER.COM

GLOBAL MINING NEWS · SINCE 1915

E D I T O R IA L O P- E D
Sake and
www.northernminer.com

Gold gains appeal in

UK as interest rates rescue
GROUP PUBLISHER/
PUBLISHER:
hit 322-year low ODDS ‘N’ SODS  | A chance encounter
Anthony Vaccaro, CFA, MBA in the Barren Lands
avaccaro@northernminer.com BREXIT FALLOUT  | Bullion prices in sterling
EDITOR-IN-CHIEF: up 44% over last 12 months BY DARIN WAGNER THE NUMBER OF

O
John Cumming, MSC (GEOL)
Special to The Northern Miner
BODIES ON THE

jcumming@northernminer.com
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O
ne of the features of the gold bull
run from 2001 to 2011 was the ne of the great parts of
divergence in enthusiasm for gold our business is the places DOCK GREW AS
on either side of the Atlantic. Gold bugs we go and the interesting THE CREW WOKE
taking in the gold price in U.S. dollars were people we meet. UP AND CAME TO
in full frenzy in North and South America, In the early ’90s, when dia-
while our mining cousins in the U.K. and mond ma nia swept t hrough SEE WHAT THE
BY JOHN CUMMING continental Europe, looking at the often Canada, I was a field geologist EXCITEMENT WAS
jcumming@northernminer.com flat gold price in pounds and euros, were for “Mother C” — or Cominco.
more cool to gold’s appeal, and focused After a couple of years of tell- ABOUT.
instead on building base metal giants like ing us that Cominco wasn’t a
Glencore and BHP Billiton. diamond company, even as the
Well, this scenario has certainly changed for U.K. investors discoveries in the Lac de Gras
and miners in 2016’s gold run, with gold-price gains in pounds area of the Northwest Territories and the SBX-11 radio signals in
exceeding gains in U.S. dollars, and only accelerating after the drew worldwide attention, senior the evenings.
surprise Brexit vote on June 23. management finally decided we Along with some of the best
For instance, in the last 60 days, the gold price in U.S. dollars is should try our hand at it. northern lights I have seen in
up 4.9% to US$1,335 per oz., while in British pounds it is up 14.6% We teamed up with “Big Brother” my career, one of the truly great
to £1,022 per oz. gold. Going back a year, the gold price in U.S. Teck and acquired a vast land things about that project was the
dollars is up 20.9%, while in U.K. pounds it is up a full 44.5%, with package on the extreme eastern fishing. The lake was wide and
the first divergence in November 2015 and the second, massive edge of the Slave Province in loaded with char and grayling,
divergence happening, of course, at the end of June 2016 with the Northwest Territories from and it took little effort to catch
Brexit vote result. Gerle Gold, a Vancouver-based a few. It thus became a bit of a
The Brexit vote gave the U.K. pound the distinction of being junior company. We joked that habit to get up early each morn-
2016’s worst performing major currency among 31 global peers we were a decade walk from ing and, often with the camp
by early July, with more than a 12% decline — surpassing even where the heart of the action cook, go out to the end of our
the Argentine and Mexican pesos on the downside. (The Japanese was at that stage, but we were “geo-special” dock and catch
yen, Brazilian real and Russian ruble were the best performers.) In “in the business of diamond a couple of fish to have with
early July, the U.K. pound hit a 31-year low of US$1.2798 on new exploration.” breakfast.
concerns over U.K. real estate values, and consumer confidence Thus we packed our kits out of On one particular sunny morn-
level plunged the most in 21 years. (Ten years ago, the pound was Yellowknife, took the 3.5-hour ing the cook and I were sitting
worth US$2.) f light to what by anyone’s defi- on the dock catching breakfast
By early August, the U.K.’s largest bank HSBC was warning the nition is the middle of nowhere when we noticed something way
pound could trade as low as US$1.10 by the end of 2017, and the (and then some) and set up our out on the lake that seemed to be
euro could strengthen to parity with the pound by then. HSBC’s camp on the shores of Clinton- headed our way. This was odd
analysts say the exchange rate would need to weaken to prevent the Colden La ke, and began the as there were no other camps,
U.K.’s current-account deficit — already one of the largest in the daily chore of digging ice-cream outfitters or bodies in this re-
developed world — from blowing out. pails full of dirt in a search for gion that we were aware of, and
Indeed, many financial experts now say a weaker currency is diamond indicator minerals. from a distance it was hard to
desperately needed for the U.K. economy to get through the post- We had helicopter support to tell what it was.
Brexit economic turmoil, even if there won’t be a true current- move us from “target” (read: mag- O ver t he nex t 45 mi nutes
account crisis. netic blob) to “target” (read: the object on the horizon got
In early August the Bank of England’s Monetary Policy roundish magnetic anomaly). closer and closer, and the num-
Committee responded to fears of a homemade, Brexit-induced Our only contact with the out- ber of bodies on the dock grew,
recession in the U.K. with more stimulus measures, including side world was a weekly supply as the crew woke up and came
cutting interest rates from 0.5% to 0.25%. It’s the first rate cut since flight that brought the necessities to s e e w hat t he e xc itement
March 2009, and the lowest rate in the bank’s 322-year history. As of life — beer, bacon and TP — was about.
recently as early 2008, rates were above 5%.
With no clear post-Brexit plans yet emerging, more interest rate
cuts may be on the way, though bank governor Mark Carney said
he “isn’t a fan” of negative interest rates. It’s a 180-degree change
from a year ago, when people were expecting rates to gradually rise.
Rolling these macroeconomic factors together, it’s all a positive
sign for U.K. gold investors, who may finally catch up with and
even surpass the zeal of their gold bug cousins in the Americas.
As a sign of the newly buoyant precious metals market in the
U.K., the Royal Mint recently tabled superb annual financial results
for 2015–2016, which it described as “the highest revenue in the
1,100-year history of the organization in financial terms.”
The Royal Mint’s annual revenue soared 39% to £360.6 million,
with revenue growth of at least 17% delivered by all three of its
businesses: circulating coin, commemorative coin and bullion.
Operating profit was up 19% to £13.1 million — the highest since
the company was vested in January 2010.
In its bullion business, revenue shot up 64% to £185.6 million,
with the mint stating that among its precious metal trading
activities, “it is the company’s increased share of the U.S. silver
market that is at the core of this growth.” TNM
DEPARTMENTS
Careers. . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Mining Jobs. . . . . . . . . . . . . . . . . . . . . . . . 15
Editorial. . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Professional Directory. . . . . . . . . . . . . . . 12
Metal Prices. . . . . . . . . . . . . . . . . . . . . . . . . 7 Stock Tables. . . . . . . . . . . . . . . . . . . . . . 6-10

THE NORTHERN MINER is published weekly

by BIG Mining L.P., a division of Glacier Media
Inc., a leading Canadian media company with
interests in business-to-business information
services. From time to time we make our
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may interest you. If you do not wish your contact
information to be made available, please contact
us by one of the following methods: Phone:
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COMPANY INDEX
AngloGold Ashanti. . . . 2,3 Franco-Nevada. . . . . . . . . . 2
B2Gold. . . . . . . . . . . . . . . . . 2 Goldcorp. . . . . . . . . . . . . . 16
Balmoral Resources. . . . . . 3 Lundin Gold. . . . . . . . . . . . 1
Barrick Gold. . . . . . . . . . . 14 Mirasol Resources. . . . . . 13
Cameco. . . . . . . . . . . . . . . 11 Odin Mining and Explora-
Detour Gold. . . . . . . . . . . . 3 tion. . . . . . . . . . . . . . . . . . . . 1
Ecuador Gold and Copper.1 Osisko Gold Royalties. . . . 2
Premier Gold Mines. . . . 14
Primero Mining. . . . . . . . 16
Sandstorm Gold. . . . . . . . . 1
Silver Wheaton. . . . . . . 2,16
Vale. . . . . . . . . . . . . . . . . 2,16
Yamana Gold . . . . . . . 13,14 The late Mike Casselman, senior geologist for Cominco and co-leader of the
Doyle Lake project expedition at Clinton-Colden Lake, N.W.T.   CREDIT: DARIN WAGNER

1 2 3 4 5 11 13 14 16_AUGUST15_Main .indd 4 2016-08-09 8:08 PM

 GLOBAL MINING NEWS
The author Darin Wagner at the Doyle Lake diamond project near Clinton-Colden Lake in the Northwest
Territories in 1993.   CREDIT: DARIN WAGNER
Finally the object resolved itself
into a single body in a kayak as
it drifted into camp. The pilot
was a somewhat haggard-looking
fellow of East Asian background
and he shakily made his way out
of the kayak, onto the dock and
in broken English explained his
story.
Our new guest was an air traf-
fic controller from Tokyo. For
the last three years he had been
coming to Canada on his vacation
to take month-long kayak trips
through the North to enjoy the
silence and solitude of the Arctic,
which was such a stark contrast
to the stress, noise and hustle of
his home.
UNFORTUNATELY A BEAR HAD MADE
SHORT WORK OF HIS LAST SUPPLY
CACHE, NOT ONLY CLEARING OUT
THE FOOD, BUT ALSO THE BATTERIES
FOR HIS RADIO TO ALERT THE TOUR
OPERATOR.
Over the course of a much ap-
preciated breakfast, he went on
to explain — which for him took
some serious effort — that he
worked with a tour operator who
had laid out a series of food and
supply caches for him in advance,
and that this trip was to be his
longest yet at six weeks.
Unfortunately a bear had made
short work of his last supply cache,
not only clearing out the food, but
also the batteries for his radio to
alert the tour operator.
Thus he had been overjoyed
when he spotted our camp on the
horizon and had come almost a
day out of his way to reach us.
He had been running on fumes,
fish and canned beans for the
last 10 days.
We offered to let him stay in
the camp to recover a bit but he
Published by:
Now
Available
in Spanish
1 2 3 4 5 11 13 14 16_AUGUST15_Main .indd 5
THE NORTHERN MINER / AUGUST 15–21, 2016 5
Cominco and Teck’s “Camp Nowhere” diamond exploration camp beside Clinton-Colden Lake, N.W.T., in
1993.   CREDIT: DARIN WAGNER
was adamant that he needed to
move on and get back on sched-
ule if he was going to complete
his trip and get to his extraction
point on time.
So we loaded him down with
supplies, a recharged battery for
his radio and shotgun shells for
his gun, as he had used the last
ones to chase away the bear who
had raided his cache.
By mid-morning he was on his
way again across the lake, slowly
receding into the horizon just as
he had appeared.
Unfortunately nobody I have
reached out to has any pictures
of the fellow. I think we were all
so blown away by him being out
The Aerodat geophysical crew at the Cominco-Teck diamond exploration camp on Clinton-Colden Lake in the Northwest Territories
in 1993.   CREDIT: DARIN WAGNER.
there that we failed to document
it on film.
We didn’t see him again but did
hear from the tour operator that
he had completed his journey.
That should be the end of the
story, but about a week after
Christmas that year, a small box
arrived in the office from our
new friend in Tokyo with a note
of thanks, Christmas wishes and
a very nice bottle of sake.
So even in the middle of no-
where, our careers provide us the
opportunities to make a difference
for someone and to make a new
friend. Even if they are a bit crazy.
— Darin Wagner is president and
CEO of Balmoral Resources, a
Canadian junior gold and base
metals explorer active primarily A Teck senior geologist laying under his chopper flag to escape from the bugs while waiting for a helicopter at day’s end.   CREDIT: DARIN
in Quebec. WAGNER
MAKE SENSE OF THE MINING INDUSTRY
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Basic Geology • Ore Deposits • High-Tech Prospecting Sampling & Drilling • Mining Methods • Processing Ore • Mining &
the Environment • The Mining Team • The Business of Mining • Feasibility: Does it Pay? • Metal Markets • Making Sense
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2016-08-09 8:08 PM
 6 AUGUST 15–21, 2016 / THE NORTHERN MINER WWW.NORTHERNMINER.COM

TORONTO STOCK EXCHANGE / AUGUST 1–5
Disappointing employment numbers and a
widening trade gap kept Canada’s bench-
mark index relatively flat at 14,648.77, up
just 0.5% from the previous trading week.
Statistics Canada reported that the country’s
unemployment rate in July increased to 6.9%,
up from 6.8% in June, as full-time employ-
ment fell by 71,400 jobs, the largest drop in
full-time positions in five years. Meanwhile,
Canada’s merchandise trade deficit increased
to $3.63 billion in June — the largest trade
deficit on record — and up from $3.5 billion
the previous month. The Canadian dollar
ended at US75.96¢. On the mining front,
M A R K E T N EWS
2020.) With the extra stream, Silver Wheaton
forecasts that attributable gold production in
2016 will be 305,000 oz., up from 265,000 oz.
previously. Over the next five years, Silver
Wheaton says its average attributable gold
production (including 2016) would be 330,000
oz. a year. Silver Wheaton president and CEO
Randy Smallwood said the company “did
not hesitate at the opportunity” to increase
its exposure to the mine, which has “one of
the lowest copper cash costs in the world, 50
years of mine life on reserves alone, and what
we believe to be substantial exploration and
expansion potential.”
for the first phase of Karnalyte’s potash proj-
ect in Wynyard, Sask. The talks ended after
Karnalyte and GSFC couldn’t agree on terms
of the transaction, including governance mat-
ters and how Karnalyte’s secondary minerals,
including magnesium, would be developed
to help Karnalyte shareholders benefit from
untapped assets.
Endeavour Mining’s shares fell $2.66 to
$22.71. The West Africa-focused gold producer
TSX GREATEST PERCENTAGE CHANGE
VOLUME WEEK
announced that mining entrepreneur Frank
Giustra had stepped down from the board of
directors. Giustra had served as a director
since September 2013. Endeavour operates
five mines in Côte d’Ivoire (Agbaou and
Ity), Burkina Faso (Karma), Mali (Tabakoto)
and Ghana (Nzema). It expects to produce
between 575,000 and 610,000 oz. gold this
year at all-in sustaining costs of US$870 to
US$920 per oz. gold. TNM
TSX GREATEST VALUE CHANGE
VOLUME WEEK

the S&P/TSX Capped Diversified Metals &
Mining Index fell 2.5% to 671.50, and the
S&P/TSX Global Gold Index lost 0.3% to
273.06. Spot gold fell 1.1% to US$1,335.40
per oz. gold.
The first trading week of August saw Silver
Wheaton post the largest gain, jumping $1.48
to $37.93 per share. The streaming company
announced that it is acquiring more gold equal
to 25% of the life-of-mine gold production
from Vale’s Salobo mine in Brazil, which
Vale says is the largest copper deposit in the
country. The acquisition comes along with half
of the gold production at Salobo that Silver
Wheaton already is entitled to, bringing the
total amount to 75%. (Salobo could produce
300,000 oz. gold a year between 2016 and
Shares of Karnalyte Resources fell 95¢, (000s) HIGH LOW CLOSE CHANGE (000s) CLOSE CHANGE
Mawson West MWE 1021 0.01 0.01 0.01 + 100.0 Silver Wheaton SLW 9194 37.93 + 1.48
or 42% to $1.30, on news that negotiations Stonegate Agri ST 107 0.02 0.02 0.02 + 33.3 Franco-Nevada FNV 1833 101.57 + 0.90
had ended with Gujarat State Fertilizers & Nthn Dynasty NDM 7614 0.93 0.67 0.93 + 32.9 First Majestic FR 7215 23.46 + 0.82
Chemicals for a US$700-million financing Freegold Vent FVL 930 0.25 0.20 0.25 + 19.5 Potash Corp SK POT 20425 21.08 + 0.73
Silver Bear Rs SBR 1799 0.39 0.29 0.35 + 19.0 New Gold NGD 11284 7.33 + 0.55
IAMGOLD IMG 16816 7.28 + 0.54
Heron Res
Redhawk Res
HER
RDK
1047
78
0.17
0.08
0.14
0.06
0.17
0.07
+ 17.9
+ 16.7 Orocobre ORL 336 4.49 + 0.40
TSX MOST ACTIVE ISSUES
Potash Ridge PRK 5723 0.32 0.24 0.29 + 16.0 MAG Silver MAG 1020 20.87 + 0.37
VOLUME WEEK
Silver Bull Re SVB 2074 0.28 0.21 0.26 + 15.9 North Am Pall PDL 38 5.77 + 0.37
(000s) HIGH LOW CLOSE CHANGE
Rio Novo Gold RN 133 0.28 0.22 0.28 + 14.6 Teck Res TCK.A 15 21.00 + 0.35
Endeavour Mng EDV 1905 22.71 - 2.66
B2Gold BTO 25418 4.49 3.98 4.38 + 0.29 Anglo Pac Grp
Karnalyte Res
APY
KRN
1
1120
0.75
2.30
0.00
0.78
0.75
1.30
- 50.0
- 42.2 Karnalyte Res KRN 1120 1.30 - 0.95
Kinross Gold K 25206 7.23 6.65 6.95 + 0.20
First Quantum FM 23621 11.62 10.86 11.47 + 0.18 Vista Gold VGZ 1329 2.28 1.54 1.57 - 25.2 Labrador Iron LIF 1164 14.05 - 0.91
Yamana Gold YRI 23419 7.79 7.36 7.44 - 0.03 Metalore Res MET 8 2.50 1.90 1.90 - 24.0 Anglo Pac Grp APY 1 0.75 - 0.75
Teck Res TCK.B 21604 20.97 19.44 20.93 + 0.12 Primero Mng P 6916 3.06 2.25 2.29 - 22.9 Primero Mng P 6916 2.29 - 0.68
Potash Corp SK POT 20425 21.11 19.93 21.08 + 0.73 Rubicon Mnrls RMX 5673 0.09 0.06 0.06 - 15.4 Silver Std Res
Detour Gold
SSO
DGC
4645 17.54
4863 33.50
- 0.68
- 0.64
Goldcorp G 20349 23.85 22.82 22.98 - 0.35 Kerr Mines KER 1286 0.14 0.11 0.12 - 14.8
Barrick Gold ABX 19937 29.97 27.79 27.97 - 0.54 Turquoise HIl TRQ 6841 4.68 4.05 4.13 - 11.2 HudBay Mnls HBM 10618 5.89 - 0.62
Eldorado Gold ELD 19084 5.74 5.19 5.25 - 0.10 Avalon Adv Mat AVL 1687 0.23 0.20 0.20 - 11.1 Richmont Mines RIC 1315 13.92 - 0.61
IAMGOLD IMG 16816 7.64 6.63 7.28 + 0.54 Dundee Prec Mt DPM 2132 4.10 3.44 3.50 - 10.9 Metalore Res MET 8 1.90 - 0.60

TSX VENTURE EXCHANGE / AUGUST 1–5

The S&P/TSX Venture Composite In-
dex gained 10.52 points, or 1.3%, to an
806.69-point close. A strong U.S. jobs re-
port for July drove spot gold prices down
US$15.28, or 1.1%, to US$1,336 per oz. gold,
as expectations mount for the U.S. Federal
Reserve to raise interest rates this year.
Comex copper dropped 3.2% to US$2.15
per lb. copper.
Shares of Ascot Resources rose 65¢, or
52%, to $1.90 — its highest value since No-
vember 2007. The junior explorer recently
closed a $20-million private placement
with mining and exploration financier Eric
26 million shares traded, before closing
up 30¢, or 34.5%, to 1.17¢ per share. On
July 21, the company announced plans to
increase its $16-million private placement
to $27 million, with the issue of 33.8 million
units at 80¢ per unit. Each unit consists of
one share and one-half warrant, with each
whole warrant exercisable within 36 months
at $1.10 per share.
HTI Ventures was a front-runner in the
greatest percentage change category, with
shares gaining 292% to 49¢. On July 25, the
company announced plans to increase its
private placement to 100 million shares at
10.5 million and 6.2 million shares, for a
29.6% and 17.4% stake in the company.
HTI plans to change its name to Leagold
Mining, pending an annual general meet-
ing in August.
Shares of Blue Sky Uranium rose 24¢, or
100%, to 48¢ after announcing a $2.5-mil-
lion private placement of up to 6.5 million
units at 38¢ per unit, which consists of
TSX-V GREATEST PERCENTAGE CHANGE
VOLUME WEEK
(000s) HIGH LOW CLOSE CHANGE
one share and a warrant. Each warrant
is exercisable within 24 months for 50¢
per share, and subject to acceleration if
the volume-weighted average price of the
company’s shares stand at 80¢ or greater
for 10 straight trading days. Blue Sky is
exploring its 5000 sq. km land package in
the Patagonia region of southern Argentina
for uranium deposits. TNM
TSX-V GREATEST VALUE CHANGE
VOLUME WEEK
(000s) CLOSE CHANGE

Sprott. The investment gives Sprott 12.9% of
Ascot’s outstanding shares on a non-diluted
basis, and 18.2% on a partly diluted basis.
The financing is comprised of 17.4 million
units consisting of one share and one-half
warrant, at $1.15 per unit. Each warrant is
exercisable within 24 months at $1.50 per
unit. Ascot is in the midst of a 60,000-me-
tre drill program at its flagship gold-silver
Premier project, 20 km northeast of Stewart,
B.C. The project hosts the historic Premier
mine, which saw production of 2.1 million
oz. gold and 44.2 million oz. silver, out of
8.6 million tonnes, from intermittent op-
erations between 1918 and 1996.
Mineral bank First Mining Finance saw
35¢ per share due to excess demand. The
inactive explorer was overhauled in July by
mining and exploration financiers Frank
Giustra and Neil Woodyer, who acquired
TSX-V MOST ACTIVE ISSUES
VOLUME WEEK
(000s) HIGH LOW CLOSE CHANGE
Am Manganese AMY 18662 0.14 0.03 0.10 + 0.07
Canamex Res CSQ 14963 0.08 0.04 0.07 + 0.03
Metanor Res MTO 11972 0.11 0.09 0.11 + 0.02
Cascadero Copp CCD 10380 0.17 0.13 0.15 unch 0.00
First Mg Fin FF 9994 1.25 1.06 1.12 - 0.06
Noram Vent NRM 9635 0.13 0.11 0.12 unch 0.00
Nrthn Iron NFE 9302 0.06 0.03 0.04 - 0.01
MX Gold MXL 8131 0.26 0.23 0.25 + 0.02
Integra Gold ICG 7475 0.96 0.86 0.90 + 0.02
Nexus Gold NXS 6695 0.10 0.05 0.09 + 0.04
Barksdale Cap BRO.H 108 0.05 0.00 0.05 + 900.0
Am Manganese AMY 18662 0.14 0.03 0.10 + 185.7
Galway Mtls GWM 4321 0.46 0.17 0.46 + 170.6
Redzone Res REZ 58 0.32 0.00 0.32 + 166.7
NV Gold NVX 545 0.40 0.10 0.21 + 121.1
Prism Res PRS 39 0.23 0.00 0.22 + 120.0
Cerro Mng CRX.H 100 0.01 0.01 0.01 + 100.0
Cdn Arrow CRO 3221 0.02 0.01 0.01 + 100.0
Mukuba Res MKU.H 78 0.01 0.00 0.01 + 100.0
Baroyeca Go&Si BGS 476 0.01 0.01 0.01 + 100.0
New Destiny Mg NED 1021 0.02 0.01 0.02 - 90.6
Worldwide Res WR.H 8 0.01 0.00 0.01 - 66.7
AM Gold AMG 33 0.20 0.12 0.12 - 41.0
Lago Dourado SDL 39 0.29 0.00 0.17 - 40.4
Q-Gold Res QGR 489 0.08 0.05 0.05 - 37.5
Red Tiger Mng RMN 94 0.10 0.07 0.07 - 35.0
Baja Mng BAJ 112 0.02 0.01 0.01 - 33.3
Adex Mining ADE 2584 0.02 0.01 0.01 - 33.3
Ross River RRM.H 3171 0.02 0.01 0.01 - 33.3
Stratabd Mnr SB 703 0.02 0.01 0.01 - 33.3
Chesapeake Gld CKG 346 6.05 + 0.80
Ascot Res AOT 1250 2.45 + 0.64
Till Capital TIL 8 4.70 + 0.49
Abitibi Royalt RZZ 100 8.26 + 0.44
Galway Mtls GWM 4321 0.46 + 0.29
Orex Mnrls REX 1256 1.06 + 0.24
Sirios Res SOI 5200 0.71 + 0.24
K92 Mng Inc
Ecuador Gold
KNT
EGX
4412
849
2.14
0.60
+
+
0.21
0.20
Redzone Res REZ 58 0.32 + 0.20
Anfield Nickel ANF 1040 1.58 - 0.22
Brazil Res BRI 2733 2.69 - 0.19
Kennady Diam KDI 221 3.90 - 0.17
Orla Mng Ltd OLA 215 0.68 - 0.15
New Destiny Mg NED 1021 0.02 - 0.15
Atacama Pac Gd ATM 1066 0.75 - 0.13
Brixton Mtls BBB 543 0.87 - 0.13
Flinders Res FDR 199 0.48 - 0.12
Lago Dourado SDL 39 0.17 - 0.12
Avino Silver ASM 326 3.45 - 0.10

U.S. MARKETS / AUGUST 1–5

U.S. equities gained during the first week of
August, helped by a positive jobs report, as
companies reported earnings with mixed
results. The Dow Jones Industrial Average
rose 0.6% to 18,543.53 and the S&P 500 Index
climbed 0.4% to 2,182.87. The Nasdaq gained
1.1% to finish at 5,221.12. The September con-
tract for crude oil jumped 4.3% to US$41.80
per barrel, while spot gold fell 1.1%, or US$15,
to US$1,335.40 per oz. gold.
The U.S. economy created 255,000 jobs
in July, beating analysts’ expectations of
180,000. The jobless rate remained at 4.9%.
The economy added 292,000 jobs in June,
instead of the previously reported 287,000,
and 24,000 positions in May, instead of 11,000.
Iamgold gained 37¢ to finish at US$5.54 per
share, as 54.1 million shares changed hands.
On Aug. 3, it reported adjusted second-quarter
earnings of US$5.9 million, or 1¢ per share,
compared to an 8¢-per-share adjusted loss a
year ago. Analysts on average had expected
a 2¢-per-share adjusted loss. Revenue grew
nearly 3% to US$232.5 million, despite slightly
lower sales of 187,000 oz., helped by a higher
realized price of US$1,269 per oz. gold. Produc-
tion totalled 197,000 oz. at all-in sustaining
costs of US$1,114 per oz., which is up US$38
per oz. from the earlier year, partly due to
higher sustaining capital and lower sales.
Cash, equivalents and restricted cash ended
June at US$625.5 million.
A day later, Iamgold said a contractor died
in a bus accident, involving two Iamgold buses
that were moving staff from the Essakane
mine in Burkina Faso. Seven other employees
received medical treatment for injuries.
Hecla Mining shares added a cent to finish
at US$6.50 on 44.3 million shares traded. The
miner reported record second-quarter sales
of US$171.3 million, up 64% from the same
U.S. MOST ACTIVE ISSUES
VOLUME WEEK
(000s) HIGH LOW CLOSE CHANGE
Vale* VALE 142638 6.07 5.39 6.02 + 0.27
Freeport McMo* FCX 135463 13.04 11.88 12.23 - 0.73
Barrick Gold* ABX 81087 22.94 21.07 21.24 - 0.62
Kinross Gold* KGC 71334 5.56 5.03 5.28 + 0.11
Alcoa* AA 63272 10.60 10.20 10.50 - 0.12
United States S* X 56055 27.35 25.10 26.49 - 1.00
Potash Corp SK* POT 54807 16.15 15.24 16.01 + 0.41
IAMGOLD* IAG 54101 5.87 5.06 5.54 + 0.37
Yamana Gold* AUY 49883 5.95 5.58 5.65 - 0.06
Hecla Mining* HL 44335 6.73 6.08 6.50 + 0.01
period last year, due to higher silver and gold
production. Silver output rose 71% to 4.2
million oz., while gold output jumped 41% to
62,965 oz. gold. This helped drive down cash
costs, after by-product credits, to US$3.80
per oz. silver and US$601 per oz. gold. Net
U.S. GREATEST PERCENTAGE CHANGE
VOLUME WEEK
(000s) HIGH LOW CLOSE CHANGE
Natural Res Pt* NRP 597 28.84 23.92 27.47 + 12.7
Mechel* MTL 738 1.65 1.55 1.58 + 8.2
NACCO Ind* NC 135 61.05 53.51 60.52 + 7.6
IAMGOLD* IAG 54101 5.87 5.06 5.54 + 7.2
Sibanye Gold* SBGL 6005 20.64 18.77 19.94 + 6.9
Vale* VALE.P 40014 4.95 4.36 4.91 + 6.5
Vale* VALE 142638 6.07 5.39 6.02 + 4.7
Vedanta* VEDL 836 10.17 9.23 10.11 + 4.0
Endeavr Silver* EXK 13763 5.30 4.69 5.04 + 3.9
Silver Wheaton* SLW 29079 29.59 27.88 28.81 + 3.4
Primero Mng* PPP 10852 2.41 1.70 1.75 - 23.6
Turquoise HIl* TRQ 16740 3.57 3.07 3.14 - 11.8
HudBay Mnls* HBM 1541 5.10 4.45 4.48 - 10.4
Freeport McMo* FCX 135463 13.04 11.88 12.23 - 5.6
Alamos Gold* AGI 5365 9.72 8.75 8.89 - 4.8
Dominion Diam* DDC 1011 9.44 8.67 8.85 - 3.7
United States S* X 56055 27.35 25.10 26.49 - 3.6
McEwen Mng* MUX 16238 4.65 4.18 4.28 - 3.6
Black Hills* BKH 2163 63.87 60.72 61.02 - 3.2
Barrick Gold* ABX 81087 22.94 21.07 21.24 - 2.8
income totalled US$24 million, or 6¢ per share,
compared to last year’s loss of US$26.6 mil-
lion, or 7¢ per share. Cash, equivalents, and
short-term investments were US$159 million,
up US$25 million over the first quarter, but
below last year’s US$190 million. TNM
U.S. GREATEST VALUE CHANGE
VOLUME WEEK
(000s) CLOSE CHANGE
NACCO Ind* NC 135 60.52 + 4.25
Natural Res Pt* NRP 597 27.47 + 3.09
Sibanye Gold* SBGL 6005 19.94 + 1.29
Silver Wheaton* SLW 29079 28.81 + 0.94
First Majestic* AG 22290 17.83 + 0.49
Buenaventura*
Newmont Mng*
BVN
NEM
6990 15.13
35563 44.43
+ 0.48
+ 0.43
Potash Corp SK* POT 54807 16.01 + 0.41
Vedanta* VEDL 836 10.11 + 0.39
IAMGOLD* IAG 54101 5.54 + 0.37
MartinMarietta* MLM 3181 198.31 - 4.34
Black Hills* BKH 2163 61.02 - 2.03
Chevron* CVX 40680 100.51 - 1.97
United States S* X 56055 26.49 - 1.00
Agrium* AGU 3629 89.91 - 0.85
Freeport McMo* FCX 135463 12.23 - 0.73
Barrick Gold* ABX 81087 21.24 - 0.62
Primero Mng* PPP 10852 1.75 - 0.54
HudBay Mnls* HBM 1541 4.48 - 0.52
Alamos Gold* AGI 5365 8.89 - 0.45

6_AUGUST15_MarketNews.indd 6 2016-08-09 8:13 PM

 GLOBAL MINING NEWS · SINCE 1915 THE NORTHERN MINER / AUGUST 15–21, 2016 7

M E TA L S , M I N I N G A N D M O N EY M A R K E T S
SPOT PRICES COURTESY OF SCOTIABANK
Tuesday, August 9, 2016
Precious Metals Price (US$/oz.) Change
Gold 1332.90 -25.25
Silver $19.70 -1.01
Platinum $1143.00 -7.00
Palladium $692.00 -21.00
Base Metals Price (US$/tonne) Change
Nickel $10780.00 +20.00
Copper $4776.50 -31.00
Lead $1807.50 +13.50
Zinc $2273.00 -4.00
LME WAREHOUSE LEVELS
Metal stocks (in tonnes) held in London Metal Exchange ware-
houses at opening, August 8, 2016 (change from August 8,
2016 in brackets):
Aluminium Alloy 11520 (-80)
Aluminium 2259325 (-34475)
Copper 205025 (-5050)
Lead 188175 (+1100)
Nickel 369228 (-3726)
Tin 5270 (-270)
Zinc 429425 (-1775)
PRODUCER AND DEALER PRICES TSX WARRANTS
Thermal Coal CAPP: US$39.50 per short ton Alamos Gold (AGI.WT) - Wt buys sh @ $28.47 to Aug 30/18 Osisko Mining Inc. J (OSK.WT) - 20 Wt buys sh @ $3 to Aug
Coal: Central Appalachia, 12,500 Btu, 1.2 S02-R,W: Alamos Gold (AGI.WT.A) - Wt buys sh @ $10.00 to Jan 7/19 25/18
US$41.10 Coeur Mining (CDM.WT) - Exercisable on a cashless basis. See Primero Mining Corp (P.WT.C) - Wt buys sh @ $3.35 to Jun
Coal: Powder River Basin, 8,800 Btu, 0.8 S02-R, W: US$8.70 TSX Bulletin 2013-0377 for calculation. To Apr 16/17 24/18
Coal: CME Group Central Appalachian Futures Sept. 2016: Continental Gold Inc. (CNL.WT.A) - Wt buys sh @ $4.75 to Nov Quest Rare Minerals (QRM.WT) - Wt buys sh @ $0.4 to Jul
US$39.50 Oct. 2016: US$39.75 26/17 17/17
Cobalt: US$12.13/lb. Dalradian Resources (DNA.WT.A) - Wt buys sh @ $1.5 to Jul RTG Mining (RTG.WT) - Wt buys sh @ $1.5 to Jun 04/17
Copper: US$2.18/lb. 31/17 Sandstorm Gold (SSL.WT.A) - Wt buys sh @ US$4 to Oct 19/15
Copper: CME Group Futures Sept. 2016: US$2.15/lb.; Oct. Franco Nevada (FNW.WT.A) - Wt buys sh @ $75 to Jun 16/17 (SSL.WT.B) - Wt buys sh @ US$14 to Sep 07/17
2016: US$2.15/lb GoGold Resources Inc. (GGD.WT) - Wt buys sh @ $1.7 to Jun Sandstorm Gold (SSL.WT.A) - Wt buys sh @ US$5 to Oct 19/15
Ferro-Chrome: US$1.94/kg 7/18 (SSL.WT.B) - Wt buys sh @ US$14 to Sep 07/17
Ferro Titanium: US$3.80/kg Gran Colombia Gold (GCM.WT.A) - Wt buys sh @ $3.25 to Mar
FerroTungsten: US$26.87/kg 18/19
Ferrovanadium: US$19.33/kg HudBay Minerals (HBM.WT) - Wt buys sh @ $15 to Jul 20/18 TSX VENTURE WARRANTS
Iridium: NY Dealer Mid-mkt US$575/tr oz. Lithium Americas Corp (LAC.WT) - One Warrant to purchase
one common share of the Issuer at $0.90 until expiry Atlantic Gold (AGB.WT) - Wt buys sh @ $0.6 to Aug 20/18
Iron Ore 62% Fe CFR China-S: US$61.40/tonne
Lydian International Limited (LYD.WT) - One Warrant to pur- Brazil Resources (BRI.WT) - Wt buys sh @ $0.75 to Dec 31/18
Iron Ore Fines: US$54.72/tonne
chase one additional ordinary share of the Issuer at $0.36 per Cornerstone Capital Resources (CGP.WT.S) - Wt buys sh @ $0.35
Iron Ore Pellets: US$78.52/tonne
share until expiry to Apr 07/19
Lead: US$0.81/lb.
MBAC Fertilizer (MBC.WT) - Wt buys sh @ $1 to Apr 17/19 Goldstar Minerals Inc (GDM.RT) - 1 Rt to buy sh @ 0.04 ti Aug
Magnesium: US$1.99/kg
New Gold A J (NGD.WT.A) - Wt buys sh @ $15 to Jun 28/17 17/16
Manganese: US$1.65/kg
Northern Dynasty Minerals Ltd. J (NDM.WT.A) - Wt buys sh @ Jet Metal (JET.WT) - Wt buys sh @ $0.25 to Sep 16/19
Molybdenum Oxide: US$7.26/lb.
$0.55 to Jul 9/20 Kootenay Silver Inc. (KTN.WT) - Wt buys sh @ $0.55 to Apr
Phosphate Rock: US$115.00/tonne 21/21
Northern Dynasty Minerals Ltd. J (NDM.WT.B) - Wt buys sh @
Potash: US$269.00/tonne Mission Gold (MGL.WT) - Wt buys sh @ $0.17 to Sep 13/17
$0.55 to Jun 10/21
Rhodium: Mid-mkt US$625.00/tr. oz. Monarques Gold (MQR.WT.A) - Wt buys sh @ $0.18 to Dec
Northern Dynasty Minerals Ltd. J (NDM.WT) - Wt buys sh @ $3
Ruthenium: Mid-mkt US$42.00/tr. oz. 15/17
to Sep 14/17
Silver: Handy & Harman Base: US$19.83 per oz.; Handy & Sunridge Gold (SGC.WT) - Wt buys sh @ $0.35 to Oct 18/17
Oban Mining J (OBM.WT) - Wt buys 20 sh @ $3 to Aug 25/18
Harman Fabricated: US$25.78 per oz. Osisko Gold Royalties (OR.WT) - Wt buys sh @ $36.5 to Feb West African Resources (WAF.WT) - Wt buys sh @ $0.4 to Jan
Tantalite Ore : US$132.01/kg 18/22 17/17
Tin: US$8.24/lb. Osisko Gold Royalties (OR.WT.A) - Wt buys sh @ $19.08 to Feb West Kirkland Mining (WKM.WT) - Wt buys sh @ $0.3 to Apr
Uranium: U3O8, Trade Tech spot price: US$25.90; The UX 26/19 17/19
Consulting Company spot price: US$25.00/lb.
Zinc: US$1.03/lb.
Prices current August 9, 2016 NORTH AMERICAN STOCK EXCHANGE INDICES
52-week

Index Aug 05 Aug 04 Aug 03 Aug 02 Aug 01 High Low

S&P/TSX Composite 14648.77 14528.78 14512.05 14477.01 14582.74 15527.30 12400.15
TSX SHORT POSITIONS TSX VENTURE SHORT POSITIONS S&P/TSXV Composite 806.69 807.42 805.18 805.39 796.17 1050.26 883.52
S&P/TSX 60 850.09 841.99 843.09 840.22 847.40 896.74 709.99
Short positions outstanding as of Jul 18, 2016 (with changes Short positions outstanding as of Jul 18, 2016 (with changes S&P/TSX Global Gold 273.06 279.40 278.57 281.95 273.88 218.90 149.29
from Jul 04, 2016) from Jul 04, 2016) S&P/TSX Metals & Mining 671.50 666.68 669.13 677.42 688.92 954.68 691.69
Largest short positions Largest short positions
Lundin Mng LUN 44627483 -300695 7/4/2016 First Mg Fin FF 6540556 2270220 7/4/2016
Potash Corp SK POT 37038874 2833644 7/4/2016 Westkam Gold WKG 2132000 -3876600 7/4/2016 NEW 52-WEEK HIGHS AND LOWS AUGUST 1–5, 2016
Kinross Gold K 24397756 887217 7/4/2016 Orezone Gold ORE 2122400 423900 7/4/2016
New Gold NGD 23229239 -547706 7/4/2016 Integra Gold ICG 1720832 -47927 7/4/2016 354 New Highs Cerro Grande Great Bear Res* Newmont Mng* Skeena Res
First Quantum FM 20713831 -5394941 7/4/2016 Brazil Res BRI 954746 79146 7/4/2016 Aben Res Chiboug Ind Mn* Great Western* Nicola Mg Inc Skeena Res*
B2Gold BTO 20278539 196030 7/4/2016 Bear Creek Mng BCM 922110 689210 7/4/2016 Aben Res* China Mnls Mng Harmony Gold* Nicola Mg Inc* Sky Ridge*
Gran Colombia GCM 19285800 18423100 7/4/2016 Pure Energy PE 911559 416922 7/4/2016 African Gold CMC Metals Hecla Mining* North Am Ptash* Skyharbour Res
Eldorado Gold ELD 18213852 -1245707 7/4/2016 Gold Reserve GRZ 888900 -700 7/4/2016 Agave Silver CMC Metals* Heron Res* Nrthn Vertex Skyharbour Res*
Agave Silver* Coeur Mng* Hochschild Mg* NSGold Solitario Ex&R
Suncor Energy SU 12310101 -2749539 7/4/2016 Santacruz Silv SCZ 825400 -2159874 7/4/2016 Colombia Crest Nthn Dynasty
Agnico Eagle HTI Ventures Solitario Ex&R*
Goldcorp G 10953117 994285 7/4/2016 Golden Dawn Ml GOM 551800 390300 7/4/2016 Agnico Eagle* Colorado Res Hycroft Mg* Nthn Dynasty*
Scorpio Gold SGN 535000 535000 7/4/2016 Sona Res
Thompson Creek TCM 10684862 1691800 7/4/2016 Aldridge Mnrls Colorado Res* IAMGOLD NV Gold Source Expl
HudBay Mnls HBM 9884344 -1515524 7/4/2016 Pure Gold Mg PGM 480143 126443 7/4/2016 Alexander Nubi Confedertn Mls IAMGOLD* NV Gold*
Southern Silvr
Centerra Gold CG 9173873 6388692 7/4/2016 Algold Res ALG 321369 319065 7/4/2016 Alexco Res Copper Lake Rs IMPACT Silver Odin Mng & Exp
Alexco Res* Copperbank Res Impala Platnm* Odin Mng & Exp* Southern Silvr*
Detour Gold DGC 9093355 -1146313 7/4/2016 Rye Patch Gold RPM 261376 -104352 7/4/2016 Spanish Mtn Gd
Alternative ER Copperbank Res* Independence G Opawica Expl
Barrick Gold ABX 8812523 -54192 7/4/2016 ATAC Res ATC 260500 -39900 7/4/2016 Spanish Mtn Gd*
Am Manganese Cordoba Mnls Independence G* Orex Mnrls
Largest increase in short position Largest increase in short position Am Manganese* Cornerstone Ca Integra Gold Orex Mnrls* Stakeholdr Gld
Gran Colombia GCM 19285800 18423100 7/4/2016 First Mg Fin FF 6540556 2270220 7/4/2016 Amarc Res Cornerstone Ca* Integra Gold* Orezone Gold Stakeholdr Gld*
Centerra Gold CG 9173873 6388692 7/4/2016 Bear Creek Mng BCM 922110 689210 7/4/2016 Amarc Res* Cruz Cap Corp* INV Metals Orezone Gold* Starr Peak Exp*
Alamos Gold AGI 8067270 2847793 7/4/2016 Scorpio Gold SGN 535000 535000 7/4/2016 Amarillo Gold Currie Rose Rs InZinc Mining* Oriental Non F Stillwater Mg*
Potash Corp SK POT 37038874 2833644 7/4/2016 Orezone Gold ORE 2122400 423900 7/4/2016 Americas Silvr Darnley Bay Iron South Mng Oroco Res* Stone Ridge Ex
Pure Energy PE 911559 416922 7/4/2016 Americas Silvr* Darnley Bay* Ivanhoe Mines Orosur Mng Strategic Metl
Mandalay Res MND 2327925 2074225 7/4/2016
AngloGold Ash* Defiance Silvr Ivanhoe Mines* Orvana Mnrls Strategic Res
Largest decrease in short position Largest decrease in short position Apple Cap Inc Defiance Silvr* Jaguar Mng Osisko Gold Stratton Res
Stornoway Diam SWY 311867 -15446928 7/4/2016 Westkam Gold WKG 2132000 -3876600 7/4/2016 Arcus Dev Grp Delrand Res* Jaguar Mng* Osisko Gold* Sultan Mnrls
IAMGOLD IMG 7754674 -6207999 7/4/2016 Santacruz Silv SCZ 825400 -2159874 7/4/2016 Argentum Silvr Dolly Vard Sil K92 Mng Inc Otis Gold Sunvest Mnrls
Dundee Prec Mt DPM 1896413 -5420200 7/4/2016 Strategic Metl SMD 8400 -249600 7/4/2016 Ascot Res Dolly Vard Sil* K92 Mng Inc* Otis Gold* Tanzania Rlty
First Quantum FM 20713831 -5394941 7/4/2016 Alphamin Res AFM 3000 -247000 7/4/2016 Astorius Res DRDGOLD* Kaizen Discvry Pan Am Silver Tanzania Rlty*
Nemaska Lith NMX 431700 -4557800 7/4/2016 Red Pine Expl RPX 165600 -152800 7/4/2016 Atacama Pac Gd* East Africa * Kincora Copper Pan Am Silver* Teck Res
Atico Mng Ecuador Gold Kings Bay Gold Pan Global Res Telson Res
Atico Mng* Ecuador Gold* Kingsmen Res* PanTerra Gold*
Telson Res *
Atlantic Gold Endeavour Mng Klondex Mns Philippine Mtl
Endeavour Mng* Klondike Gold Tembo Gold
Aura Silver Rs Pinecrest Res
Aurcana Corp Endeavr Silver Klondike Silv Pistol Bay Mng Tembo Gold*
Aurcana Corp* Endeavr Silver* Klondike Silv* Pistol Bay Mng* Terraco Gold
DAILY METAL PRICES Aurvista Gold* Eros Res Corp Kootenay Silvr Prism Res Terrax Mnrls
Auryn Res* Eskay Mng Lamelee Iron Prize Mng Terrax Mnrls*
Daily Metal Prices Axiom Mng* Eurasian Mnls Lara Expl Prospero Silvr Teuton Res*
Date Aug 8 Aug 5 Aug 4 Aug 3 Aug 2 Axmin Inc Eurasian Mnls* Lion One Mtls Prospero Silvr* Thompson Creek*
BASE METALS (London Metal Exchange -- Midday official cash/3-month prices, US$ per tonne) Azimut Expl Eureka Res Lion One Mtls* PUF Vent Inc Thor Expl
Al Alloy 1545/1565 1545/1565 1545/1565 1540/1565 1565/1590 B2Gold Everton Res Lions Gate Mtl PUF Vent Inc * Timmins Gold*
Aluminum 1644/1651.50 1627/1637 1615.50/1630 1618/1629.50 1635/1641 B2Gold* Everton Res* Lorraine Coppr Q-Gold Res* Tintina Res*
Copper 4795/4809.50 4792/4810 4786.50/4807 4844/4856 4885/4898 Balmoral Res Evrim Res Lucara Diam Quinto Real TomaGold
Balmoral Res* Excellon Res Luna Gold Rackla Mtls* Torex Gold
Lead 1792/1800 1794/1804 1787/1794.50 1802/1808 1817.50/1828 Barksdale Cap Excellon Res* Luna Gold* Rainforest Res* Torex Gold*
Nickel 10780/10820 10575/10640 10435/10460 10640/10680 10790/10850 Barsele Min* Exeter Res Lundin Mng Randsburg Int* Tower Res*
Tin 18150/18175 18400/18300 17915/17935 18030/17940 17965/17950 Bayhorse Silvr* Exeter Res* Lydian Intl Redstar Gold Treasury Metal
Zinc 2279/2280 2270/2270 2257.50/2259 2265/2266 2280/2280 BCGold Finore Mng Lydian Intl* Redzone Res Trevali Mng
BCGold* Firestone Vent MAG Silver Reunion Gold Trevali Mng*
Bellhaven Cp&G First Majestic Malbex Res* Richmont Mines TriStar Gold
Bellhaven Cp&G* First Majestic* Match Capital Richmont Mines*
PRECIOUS METAL PRICES (London fix, LBMA silver price, US$ per troy oz.) TriStar Gold*
Berkwood Res First Quantum Maya Gold &Sil Rio Silver
Gold AM 1330.00 1362.60 1351.15 1364.40 1358.15 Big North Grap* Fortescue Mtls* MDN Inc RJK Explor Vale*
Gold PM 1336.80 1340.40 1362.75 1358.90 1363.75 Bitterroot Res Fortuna Silvr MDN Inc* Rojo Res* Valterra Res
Silver 19.66 20.22 20.16 20.59 20.71 Bitterroot Res* Fortuna Silvr* Metals X* Rouge Res Walker River
Platinum 1149.00 1146.00 1157.00 1161.00 1175.00 Blue Sky Uran Full Metal Mnl Midas Gold* Roxgold* West Af Res
Buenaventura* Galway Mtls Millrock Res Royal Gold* Williams Creek
Palladium 695.00 699.00 711.00 706.00 720.00
Cache Expl Galway Mtls* Millrock Res* Rupert Res Xtierra
Cache Expl* Genesis Mtls Mineral Mtn San Marco Res* Yellowhead Mng
California Gl* Giyani Gold* Mineral Mtn* Sandspring Res Zincore Mtls
EXCHANGE RATES Canadian Zeol GMV Minerals Mines Manage* Sandspring Res* 14 New Lows
Canadian Zeol* GMV Minerals* Mirasol Res Sandstorm Gold Aida Minerals
Date Aug 05 Aug 04 Aug 03 Aug 02 Aug 01 Canamex Res Gold Fields* Moneta Porcpn Sandstorm Gold* Cameco Corp
US$ in C$ 1.3173 1.3020 1.3067 1.3111 1.3123 Canamex Res* Gold Mtn Mng * Moneta Porcpn* Semafo Cameco Corp*
C$ in US$ 0.7592 0.7681 0.7653 0.7627 0.7619 Canasil Res Gold Reach Res Monster Mng Senator Mnrls Comstock Mtls *
Cancana Res Gold Resource* Monster Mng* Senator Mnrls* Duncan Park H
Exchange rates (Quote Media, August 05, 2016) Canstar Res Golden Arrow Mountain Prov Serengeti Res
DuSolo Fertil*
C$ to AUS C$ to EURO C$ to YEN C$ to Mex Peso C$ to SA Rand Cariboo Rose Golden Arrow* Mountain Prov* Sibanye Gold*
Cartier Res Golden Cariboo Natan Res Silver Bear Rs Gold Mtn Mng *
0.995783 0.6846 77.3040 14.2459 10.4195 Carube Copper* Golden Tag Natural Res Pt* Kazax Mnls
Silver Bull Re
C$ to UK Pound C$ to China Yuan C$ to India Rupee C$ to Swiss Franc C$ to S. Korea Won Cascadero Copp Goldeye Expl Nevada Zinc Silver Bull Re* Peloton Mnrls
0.5808 5.0498 50.7670 0.7445 847.3270 Castle Mtn Mng GoldQuest Mng New Gold Silver Wheaton Skyharbour Res*
US to AUS US to EURO US to YEN US to Mex Peso US to SA Rand Castle Res Goldstream Mnl New Gold* Silver Wheaton* Starr Peak Exp*
1.3121 0.9018 101.8190 18.7535 Cda Zinc Mtls Gowest Gold New Jersey Mng* Silvercorp Met Stone Ridge Ex
US to UK Pound US to China Yuan US to India Rupee US to Swiss Franc US to S. Korea Won Cdn Arrow Gowest Gold* NewCastle Gold* Silvercorp Met* Weststar Res*
Centamin Grande Portage* Newmarket Gold Sirios Res XLI Tech Inc*
0.7651 6.6514 66.8425 0.9807 1115.4500
Centenera Mng Great Bear Res Newmarket Gold* Sirios Res*

CANADIAN GOLD MUTUAL FUNDS

Financial information provided by Fundata Canada Inc. ©Fundata Canada Inc. All rights reserved
LEGEND
A – Australian Stock Exchange
C – CNSX Canadian National
Stock Exchange
J – Johannesburg Stock
Exchange
L – London Stock Exchange
M – Mexico Stock Exchange
N – New York Stock Exchange
O – U.S. over-the-counter
Q – NASDAQ or U.S. OTC
T – Toronto Stock Exchange
V – TSX Venture Exchange
X – NYSE Alternext U.S.
* – Denotes price in U.S.$
Fund Aug 05 ($) Jul 29 ($) Change ($) Change (%) YTDChange (%) MER (%) TotalAssets (M$)
AGF Prec Mtls Fd MF 30.26 30.51 -0.25 -0.82 79.83 2.78 213.50
STAFF INVESTMENT POLICY BMO Prec Mtls Fd A 23.43 23.72 -0.28 -1.20 82.40 2.40 79.26
The Northern Miner does not permit any editorial employee to file stories about BMO ZGD 14.15 14.08 0.07 0.47 92.70 0.63 38.10
companies in which the writer owns shares. Editorial employees are also not BMO ZJG 11.41 11.52 -0.11 -0.93 106.65 0.60 79.66
permitted to take part in initial public offerings or to engage in short selling. CIBC Prec Metal Fd A 14.58 14.69 -0.11 -0.78 68.46 2.62 68.81
Dyn Prec Metls Fd A 9.18 9.16 0.02 0.22 99.51 2.66 471.14
Horizons HEP 35.68 1.07 3.06 83.61 0.80
IGMacGloPrecMetCl A 11.72 11.81 -0.09 -0.76 99.80 2.76 109.60
CONVERSIONS OF WEIGHTS & MEASURES iShares XGD 17.05 17.10 -0.05 -0.31 95.09 0.61 836.51
1 troy ounce = 31.1 grams 1 gram per (metric) tonne = 0.02917 troy Mac Prec Met Cl A 66.55 67.10 -0.54 -0.81 102.40 2.51 151.26
1 kilogram = 32.15 troy ounces ounces per (short) ton NB Prec Met Fd Inv 16.70 16.85 -0.15 -0.89 92.70 2.46 46.35
1 kilogram = 2.2046 pounds = 0.03215 troy ounces per (metric) RBC GblPreMetFd A 40.50 41.30 -0.80 -1.94 92.02 2.13 475.31
1 (metric) tonne = 1,000 kilograms tonne Sentry Pre Met Fd A 52.84 53.69 -0.85 -1.58 93.18 2.90 271.54
1 (metric) tonne = 2,204.6 pounds 1 kilometre = 0.6214 miles Sprott Gold&PrMinFdA 51.93 2.27 4.49 92.35 3.19 288.29
1 (short) ton = 2,000 pounds 1 hectare = 2.47 acres Sprott SilverEquCl A 9.01 0.81 9.25 119.85 3.23 81.27
1 (metric) tonne = 1.1023 (short) tons TD PreciousMetalsInv 51.26 51.37 -0.11 -0.21 88.24 2.26 183.88

7_AUGUST15_MMMM.indd 7 2016-08-09 4:20 PM

 8 AUGUST 15–21, 2016 / THE NORTHERN MINER
MINING STOCKS listed on
CANADIAN and U.S. EXCHANGES
TRADING: AUGUST 1–5, 2016
(100s) Week 12-month
Stock Exc Volume High Low Last Change High Low
A Aura Silver Rs V 616 0.05 0.04 0.05 + 0.01 0.05 0.01
Abcourt Mines* O 149 0.09 0.07 0.08 - 0.02 0.10 0.02
Abcourt Mines V 648 0.12 0.11 0.11 - 0.01 0.13 0.03
Aben Res* O 257 0.26 0.19 0.25 + 0.07 100.52 0.03
Aben Res V 647 0.34 0.22 0.32 + 0.10 0.30 0.06
Aberdeen Intl* O 401 0.14 0.11 0.13 + 0.01 0.16 0.07
Aberdeen Intl T 1538 0.18 0.16 0.17 + 0.01 0.24 0.10
Abitibi Royalt V 100 8.75 7.50 8.26 + 0.44 9.95 1.53
ABT Holdings* O 4 0.65 0.51 0.51 - 0.09 0.80 0.05
Acme Res Inc V 5 0.06 0.00 0.06 + 0.01 0.07 0.02
Adamera Mnls V 948 0.10 0.09 0.09 + 0.01 0.14 0.01
Adamera Mnls* O 85 0.08 0.06 0.08 + 0.01 0.10 0.01
Adex Mining V 2584 0.02 0.01 0.01 - 0.01 0.02 0.01
Advance Gold V 20 0.08 0.06 0.06 - 0.02 0.10 0.01
African Gold V 1944 0.12 0.09 0.12 + 0.02 0.12 0.03
African Queen V 2200 0.10 0.06 0.07 - 0.01 0.14 0.01
Agave Silver* O 99 0.12 0.07 0.10 + 0.03 0.12 0.01
Agave Silver V 387 0.15 0.10 0.13 + 0.02 0.15 0.01
Agnico Eagle T 3244 78.35 74.62 76.22 + 0.24 78.35 27.63
Agnico Eagle* N 7911 60.10 57.40 57.92 - 0.22 60.10 21.00
Agrium* N 3629 91.32 87.75 89.91 - 0.85 106.76 79.94
Aguila Amer Gd V 291 0.10 0.08 0.08 - 0.01 0.14 0.03
Aida Minerals 15 0.12 0.00 0.12 - 0.03 0.23 0.08
Alabama Graph* O 72 0.11 0.10 0.11 + 0.00 0.18 0.08
Alacer Gold T 2752 3.50 3.21 3.28 - 0.05 3.64 2.08
Alamos Gold T 3971 12.70 11.54 11.67 - 0.52 13.65 3.27
Alamos Gold* N 5365 9.72 8.75 8.89 - 0.45 10.41 2.27
Alberta Star* O 9 0.25 0.22 0.25 + 0.02 0.25 0.12
Alcoa* N 63272 10.60 10.20 10.50 - 0.12 11.50 6.14
Alderon Iron* O 18 0.09 0.08 0.09 + 0.01 0.18 0.05
Alderon Iron T 271 0.12 0.11 0.12 + 0.01 0.24 0.07
Aldershot Res V 269 0.05 0.04 0.05 + 0.01 0.05 0.01
Aldever Res* O 19 0.05 0.00 0.05 - 0.00 0.20 0.04
Aldever Res V 304 0.08 0.06 0.07 - 0.01 0.30 0.06
Aldridge Mnrls V 371 0.33 0.28 0.30 + 0.03 0.33 0.12
Alexander Nubi* O 146 0.06 0.05 0.06 + 0.01 0.06 0.03
Alexander Nubi V 2730 0.11 0.06 0.11 + 0.04 0.11 0.04
Alexandria Min* O 1172 0.09 0.08 0.08 - 0.00 0.10 0.01
Alexandria Min V 2845 0.11 0.10 0.11 - 0.01 0.12 0.02
Alexco Res* X 4050 2.20 1.86 2.14 + 0.23 2.20 0.22
Alexco Res T 805 2.87 2.44 2.80 + 0.31 2.87 0.35
Algold Res V 1420 0.39 0.32 0.34 - 0.03 0.40 0.07
Alianza Min* O 10 0.12 0.11 0.11 - 0.01 0.17 0.07
Alianza Min V 504 0.15 0.14 0.14 - 0.01 0.21 0.10
Alix Res V 2387 0.09 0.07 0.08 - 0.01 0.18 0.04
Alix Res* O 152 0.07 0.00 0.04 - 0.03 0.12 0.03
Alliance Mng V 1387 0.03 0.02 0.03 + 0.01 0.04 0.01
Alliance Res* D 1675 19.68 18.21 19.26 + 0.01 26.18 9.95
Almaden Mnls T 296 2.01 1.76 1.85 - 0.14 2.30 0.65
Almaden Mnls* X 1528 1.58 1.33 1.43 - 0.08 1.83 0.48
Almadex Min V 383 0.47 0.42 0.45 + 0.02 0.48 0.13
Almadex Min* O 166 0.37 0.32 0.33 - 0.01 0.37 0.01
Almo Capital V 320 0.10 0.08 0.10 + 0.02 0.14 0.05
Almonty Ind V 450 0.42 0.35 0.37 - 0.06 0.86 0.21
Alphamin Res V 171 0.28 0.23 0.28 + 0.01 0.28 0.14
ALQ Gold V 97 0.12 0.09 0.09 - 0.03 0.12 0.03
Alset Energy V 3729 0.49 0.38 0.42 - 0.03 0.84 0.02
Alta Vista Vnt* O 15 0.04 0.04 0.04 + 0.00 0.14 0.03
Alta Vista Vnt 403 0.07 0.05 0.06 + 0.01 0.25 0.02
Altai Res V 311 0.04 0.04 0.04 + 0.01 0.09 0.03
Altair Res Inc V 168 0.21 0.20 0.20 - 0.01 0.70 0.08
Alternative ER V 47 0.10 0.00 0.10 - 0.04 0.16 0.06
Alternative ER* O 142 0.06 0.04 0.05 - 0.05 0.12 0.04
Altius Mnrls T 231 10.69 10.01 10.08 - 0.53 14.00 7.39
Alto Vent V 405 0.07 0.05 0.06 + 0.01 0.09 0.02
Altura Mng Ltd* O 68 0.14 0.13 0.13 - 0.01 0.30 0.00
Alturas Mnrls V 1002 0.06 0.05 0.06 + 0.01 0.08 0.01
Alumina Inc* O 45 4.14 3.97 4.14 + 0.14 4.73 2.70
ALX Uranium V 264 0.11 0.09 0.10 - 0.01 0.15 0.06
Am CuMo Mng V 109 0.12 0.11 0.12 - 0.01 0.16 0.06
Am CuMo Mng* O 144 0.10 0.09 0.09 + 0.00 0.12 0.04
AM Gold V 33 0.20 0.12 0.12 - 0.08 0.45 0.07
AM Gold* O 4 0.10 0.00 0.10 - 0.08 0.29 0.07
Am Manganese V 18662 0.14 0.03 0.10 + 0.07 0.10 0.01
Am Manganese* O 1156 0.10 0.04 0.08 + 0.03 0.07 0.01
Amarc Res* O 74 0.10 0.07 0.10 + 0.02 0.10 0.02
Amarc Res V 811 0.13 0.10 0.13 + 0.03 0.13 0.04
Amarillo Gold V 521 0.43 0.34 0.39 - 0.02 0.43 0.04
Amazing OG* O 13 0.45 0.40 0.43 - 0.02 1.06 0.29
Amer Vanadium* O 321 0.03 0.01 0.02 + 0.00 0.08 0.00
Amer Vanadium V 382 0.04 0.03 0.03 + 0.01 0.10 0.02
American Lith V 2988 0.87 0.60 0.80 + 0.11 1.62 0.05
Americas Petro V 1158 0.24 0.21 0.22 - 0.02 0.28 0.15
Americas Silvr T 7319 0.47 0.38 0.43 + 0.03 0.47 0.09
Americas Silvr* O 1969 0.36 0.30 0.32 + 0.02 0.36 0.04
Amerigo Res T 870 0.18 0.16 0.17 - 0.01 0.34 0.10
Amerigo Res* O 98 0.14 0.12 0.12 - 0.01 0.26 0.07
Amex Expl V 536 0.04 0.04 0.04 + 0.01 0.08 0.02
AMI Res V 23 0.09 0.08 0.09 + 0.01 0.10 0.03
Anaconda Mng T 1247 0.11 0.09 0.10 + 0.01 0.11 0.04
Anaconda Mng* O 22 0.08 0.07 0.07 - 0.01 0.08 0.02
Anconia Res V 272 0.08 0.00 0.06 - 0.01 0.09 0.01
Andes Gold* O 413
Anfield Nickel V 1040
0.01 0.00
1.90 1.51
0.01 - 0.00 1.00
1.58 - 0.22 1.94
0.00
0.52
Anfield Res* O 8 0.20 0.17 0.20 + 0.03 0.22 0.06
Angel Gold* O 86 0.08 0.07 0.08 + 0.01 0.11 0.01
Angel Gold V 212 0.11 0.08 0.10 + 0.01 0.15 0.01
Angkor Gold V 208 0.46 0.42 0.45 + 0.01 0.55 0.38
Anglo American* O 2 11.33 11.13 11.13 + 0.76 12.35 3.13
Anglo American* O 570 5.65 5.46 5.59 + 0.10 5.76 1.57
Anglo Pac Grp T 1 0.75 0.00 0.75 - 0.75 1.50 0.75
Anglo-Bomarc V 78 0.11 0.10 0.10 - 0.01 0.30 0.10
Anglo-Can Mng V 84 0.02 0.02 0.02 - 0.01 0.03 0.01
AngloGold Ash* O 0 22.03 0.00 22.03 + 0.58 22.03 6.45
AngloGold Ash* N 13804 22.91 21.37 21.67 - 0.24 22.91 5.68
Antioquia Gold* O 802 0.08 0.06 0.06 - 0.02 0.08 0.03
Antioquia Gold V 352 0.10 0.09 0.10 - 0.01 0.11 0.04
Antipodes Gold V 3 0.03 0.00 0.03 - 0.01 0.04 0.01
APAC Res Inc 350 0.07 0.06 0.07 + 0.01 0.11 0.03
Apogee Silver V 118 0.35 0.28 0.28 - 0.01 0.58 0.11
Apogee Silver* O 35 0.23 0.22 0.23 + 0.02 0.45 0.08
Appia Energy 50 0.21 0.18 0.18 - 0.02 0.30 0.01
Apple Cap Inc V 67 0.52 0.00 0.52 + 0.07 0.49 0.15
Applied Mrnls* O 55 0.18 0.17 0.18 - 0.00 0.43 0.11
Aquila Res* O 228 0.20 0.18 0.19 + 0.02 0.20 0.09
Aquila Res T 172 0.27 0.24 0.26 + 0.02 0.27 0.12
Arak Res V 26 0.03 0.03 0.03 - 0.01 0.07 0.02
Arch Coal* O 429 0.46 0.38 0.41 - 0.03 10.35 0.11
Arctic Star V 1297 0.04 0.04 0.04 + 0.01 0.10 0.01
Arcturus Vents V 126 0.02 0.02 0.02 - 0.01 0.02 0.01
Arcus Dev Grp V 1668 0.20 0.06 0.11 + 0.05 0.20 0.01
Arena Mnls V 945 0.24 0.19 0.20 - 0.02 0.34 0.15
Arena Mnls* O 13 0.16 0.15 0.15 + 0.00 0.25 0.12
Argentex Mng V 184 0.12 0.09 0.09 - 0.02 0.13 0.02
Argentex Mng* O 195 0.09 0.07 0.08 - 0.00 0.10 0.01
Argentum Silvr V 69 0.12 0.10 0.12 + 0.01 0.12 0.02
Argex Titanium T 3983 0.10 0.08 0.08 + 0.01 0.14 0.02
Argex Titanium* O 62 0.08 0.00 0.07 + 0.00 0.11 0.01
Argonaut Gold T 6542 3.83 3.46 3.55 - 0.03 4.45 0.78
Argonaut Gold* O 295 2.93 2.57 2.70 - 0.08 3.38 0.53
Argus Metals V 29 0.08 0.00 0.07 - 0.01 0.11 0.02
Arian Silver* O 287 0.02 0.01 0.01 - 0.00 0.42 0.00
Arianne Phosph V 196 0.99 0.90 0.99 + 0.04 1.25 0.68
Arianne Phosph* O 100 0.76 0.70 0.75 + 0.02 0.98 0.52
Armor Mnrls V 38 0.56 0.00 0.55 + 0.03 0.85 0.12
Arrowstar Res V 105 0.13 0.10 0.13 + 0.03 0.15 0.04
Asanko Gold T 3896 5.86 5.40 5.48 - 0.22 5.89 1.77
Asanko Gold* X 2095 4.49 4.13 4.16 - 0.20 4.53 1.27
Asante Gold 48 0.21 0.17 0.21 + 0.04 0.27 0.05
Asante Gold* O 21 0.15 0.14 0.15 + 0.01 0.17 0.05
Ascot Res V 1250 2.63 1.71 2.45 + 0.64 2.40 0.80
Ashburton Vent* O 248 0.03 0.02 0.03 - 0.00 0.06 0.01
Asian Minl Res V 567 0.03 0.02 0.03 - 0.01 0.06 0.02
Aston Bay V 782 0.45 0.41 0.41 - 0.02 0.49 0.10
Astur Gold V 517 0.06 0.04 0.06 + 0.01 0.10 0.01
ATAC Res V 1751 0.95 0.82 0.86 - 0.08 0.95 0.26
Atacama Pac Gd* O 9 0.69 0.34 0.61 + 0.27 0.66 0.09
Atacama Pac Gd V 1066 1.01 0.70 0.75 - 0.13 1.01 0.14
Athabasca Mnls V 305 0.25 0.20 0.22 - 0.03 0.48 0.15
Athabasca Mnls* O 23 0.19 0.16 0.16 + 0.01 0.34 0.12
Athabasca Nclr V 1202 0.15 0.10 0.13 + 0.03 0.17 0.02
Athena Silver* O 93 0.13 0.07 0.13 + 0.02 0.15 0.02
Atico Mng V 469 0.55 0.47 0.50 - 0.04 0.55 0.16
Atico Mng* O 67 0.43 0.36 0.38 - 0.02 0.43 0.12
Atlanta Gold* O 43 0.07 0.07 0.07 - 0.00 0.09 0.03
Atlanta Gold V 304 0.09 0.08 0.09 - 0.01 0.11 0.05
Atlantic Gold V 764 0.98 0.89 0.93 + 0.01 0.98 0.17
Atlatsa Res T 24 0.10 0.00 0.10 - 0.01 0.13 0.03
Atom Energy V 53 0.04 0.03 0.04 + 0.01 0.12 0.03
Augustine Vent 534 0.17 0.00 0.14 - 0.03 0.17 0.03
Augyva Mng V 430 0.11 0.10 0.10 - 0.01 0.13 0.09
8-10_AUGUST15_StockTables.indd 8
S T O C K TA B L E S
(100s) Week 12-month
Stock Exc Volume High Low Last Change High Low
Aura Mnls T 263 0.27 0.22 0.25 + 0.02 0.31 0.06
Auramex Res V 26 0.03 0.00 0.03 + 0.01 0.03 0.01
Aurcana Corp* O 464 0.50 0.37 0.42 + 0.04 0.50 0.07
Aurcana Corp V 1397 0.67 0.49 0.55 + 0.06 0.67 0.09
Aureus Mng T 9990 0.09 0.08 0.08 - 0.01 0.55 0.05
Aureus Mng* O 1017 0.07 0.05 0.05 - 0.02 0.31 0.03
AuRico Metals * O 668 0.88 0.78 0.79 - 0.08 0.91 0.37
AuRico Metals T 3927 1.15 1.02 1.03 - 0.10 1.22 0.52
Aurion Res V 968 0.37 0.33 0.34 - 0.02 0.40 0.04
Aurora Gold* O 326 0.01 0.00 0.01 + 0.00 0.02 0.00
Aurvista Gold* O 243 0.29 0.22 0.28 + 0.04 0.29 0.02
Aurvista Gold V 1771 0.38 0.28 0.37 + 0.05 0.39 0.03
Auryn Res* O 601 3.18 2.82 2.89 - 0.14 3.18 0.70
Avalon Adv Mat T 1687 0.23 0.20 0.20 - 0.03 0.33 0.10
Avalon Adv Mat* O 340 0.18 0.15 0.16 - 0.00 0.26 0.07
Avarone Metals 675 0.07 0.06 0.07 - 0.01 0.14 0.02
Avino Silver* X 2176 2.80 2.52 2.63 - 0.11 3.14 0.71
Avino Silver V 326 3.70 3.29 3.45 - 0.10 4.05 1.03
Avnel Gold T 2094 0.39 0.35 0.35 - 0.03 0.39 0.18
AXE Expl V 766 0.03 0.00 0.03 - 0.01 0.04 0.01
Axiom Mng* O 11 0.23 0.21 0.23 + 0.05 0.23 0.01
Axmin Inc V 2590 0.10 0.04 0.08 + 0.04 0.09 0.01
Axmin Inc* O 222 0.06 0.02 0.06 + 0.04 0.04 0.00
AZ Mining T 1614 1.88 1.62 1.66 - 0.15 1.94 0.22
Azarga Uranium* O 45 0.23 0.22 0.22 - 0.00 0.29 0.19
Azarga Uranium T 107 0.30 0.00 0.28 - 0.02 0.40 0.26
Azimut Expl V 599 0.45 0.38 0.44 + 0.05 0.45 0.10
Azincourt Uran* O 43 0.06 0.04 0.06 + 0.02 0.07 0.02
Azteca Gold* O 78 0.00 0.00 0.00 + 0.00 0.01 0.00
B Clifton Mng* O 259 0.16 0.13 0.16 - 0.00 0.18 0.05
B2Gold* X 21699 3.45 3.13 3.34 + 0.21 3.45 0.60
B2Gold T 25418 4.49 3.98 4.38 + 0.29 4.49 0.86
Bacanora Mnls V 254 1.50 1.41 1.45 - 0.02 2.04 1.17
Baja Mng* O 120 0.01 0.00 0.01 + 0.01 0.03 0.00
Baja Mng V 112 0.02 0.01 0.01 - 0.01 0.03 0.01
Balmoral Res* O 955 0.84 0.71 0.80 + 0.05 0.84 0.23
Balmoral Res T 1656 1.09 0.93 1.05 + 0.08 1.09 0.33
Bandera Gold V 632 0.02 0.01 0.02 + 0.01 0.02 0.01
Bannerman Res* O 66 0.03 0.03 0.03 + 0.01 0.04 0.01
Banro* X 5362 0.42 0.38 0.39 - 0.01 0.48 0.15
Banyan Gold V 82 0.08 0.00 0.07 - 0.02 0.09 0.02
Bard Vent V 309 0.04 0.03 0.04 + 0.01 0.04 0.01
Barisan Gold V 2242 0.04 0.03 0.04 + 0.01 0.05 0.02
Barisan Gold* O 95 0.03 0.02 0.03 + 0.01 0.03 0.01
Barker Mnrls V 35 0.02 0.00 0.02 + 0.01 0.02 0.01
Barkerville Go* O 160 0.55 0.50 0.51 - 0.00 0.60 0.15
Barkerville Go V 1204 0.71 0.66 0.68 - 0.01 0.76 0.20
Barksdale Cap V 108 0.05 0.00 0.05 + 0.05 0.05 0.01
Baroyeca Go&Si V 476 0.01 0.01 0.01 + 0.01 0.02 0.01
Barrick Gold T 19937 29.97 27.79 27.97 - 0.54 30.45 7.89
Barrick Gold* N 81087 22.94 21.07 21.24 - 0.62 23.47 5.91
Barsele Min V 785 1.16 0.96 1.05 + 0.04 1.16 0.08
Barsele Min* O 157 0.81 0.75 0.79 + 0.00 0.81 0.05
Batero Gold V 935 0.19 0.15 0.19 + 0.04 0.21 0.05
Battle Mtn Gld V 403 0.61 0.54 0.60 + 0.05 0.68 0.09
Battle Mtn Gld* O 133 0.46 0.42 0.45 + 0.01 0.52 0.06
Bayhorse Silvr* O 153 0.15 0.13 0.14 + 0.01 0.15 0.03
Bayhorse Silvr V 1314 0.19 0.14 0.18 + 0.01 0.20 0.05
Bayswater Uran V 586 0.05 0.03 0.05 + 0.01 0.07 0.01
BC Moly V 10 0.07 0.00 0.07 + 0.01 0.23 0.03
BCM Res V 33 0.23 0.17 0.17 - 0.06 0.32 0.04
Bear Creek Mng V 1179 3.34 3.06 3.18 + 0.06 3.77 0.50
Bearing Res V 415 0.05 0.04 0.04 - 0.01 0.06 0.04
Beaufield Res V 1207 0.12 0.09 0.10 + 0.01 0.16 0.03
Beaufield Res* O 38 0.08 0.07 0.08 + 0.00 0.12 0.03
Beeston Ent* O 56 0.01 0.00 0.01 + 0.00 0.01 0.00
Bell Copper* O 57 0.04 0.00 0.04 - 0.00 0.06 0.00
Bell Copper V 138 0.07 0.05 0.05 - 0.02 0.07 0.01
Bellhaven Cp&G V 150 0.60 0.31 0.49 + 0.14 0.49 0.03
Bellhaven Cp&G* O 65 0.45 0.26 0.37 + 0.10 0.33 0.02
Belmont Res V 363 0.09 0.07 0.08 - 0.01 0.12 0.02
Benton Res V 1102 0.07 0.06 0.07 - 0.01 0.10 0.03
Berkeley Egy* O 170 0.64 0.59 0.64 + 0.04 0.67 0.31
Berkwood Res V 4078 0.20 0.08 0.15 + 0.06 0.20 0.01
Besra Gold* O 235 0.00 0.00 0.00 + 0.00 0.02 0.00
Big North Grap* O 12 0.04 0.03 0.03 + 0.01 0.04 0.01
Big North Grap V 2756 0.04 0.03 0.04 + 0.01 0.06 0.02
Bison Gold Res V 46 0.18 0.00 0.17 - 0.06 0.38 0.10
Bitterroot Res* O 235 0.05 0.04 0.05 + 0.01 0.05 0.02
Bitterroot Res V 186 0.08 0.05 0.07 + 0.02 0.10 0.03
Black Hills* N 2163 63.87 60.72 61.02 - 2.03 64.58 36.81
Black Iron T 240 0.05 0.04 0.05 + 0.01 0.06 0.03
Black Mam Mtls V 8 0.09 0.08 0.08 - 0.01 0.13 0.04
Blackheath Res V 268 0.11 0.09 0.11 - 0.01 0.18 0.08
Blind Crk Res V 33 0.09 0.08 0.09 + 0.01 0.09 0.03
Blue Rvr Res V 943 0.06 0.05 0.06 + 0.01 0.08 0.03
Blue Sky Uran V 140 0.74 0.46 0.66 + 0.20 0.74 0.04
Bold Vent V 958 0.04 0.03 0.04 - 0.01 0.06 0.02
BonTerra Res V 680 0.38 0.35 0.35 - 0.01 0.51 0.09
BonTerra Res* O 41 0.28 0.27 0.28 - 0.00 0.37 0.08
Bowmore Expl V 66 0.16 0.13 0.14 - 0.02 0.16 0.03
Bravada Gold* O 91 0.28 0.23 0.23 - 0.03 0.31 0.01
Bravada Gold V 474 0.36 0.28 0.30 - 0.06 0.40 0.03
Bravo Multinat* O 2558 0.02 0.02 0.02 + 0.00 0.10 0.02
Bravura Vent 62 0.33 0.29 0.31 - 0.02 0.33 0.02
Brazil Mnrls* O 399928 0.00 0.00 0.00 + 0.00 0.00 0.00
Brazil Res V 2733 2.98 2.58 2.69 - 0.19 3.16 0.38
BrightRock Gld* O 13 0.00 0.00 0.00 - 0.00 0.01 0.00
Britannia Mng* O 103 0.00 0.00 0.00 - 0.00 0.01 0.00
Brixton Mtls* O 163 0.79 0.56 0.66 - 0.07 0.92 0.03
Brixton Mtls V 543 1.10 0.70 0.87 - 0.13 1.20 0.05
Brookmount Exp* O 412 0.02 0.01 0.01 - 0.00 0.02 0.00
Brunswick Res V 42 0.03 0.02 0.03 + 0.01 0.04 0.01
Buenaventura* N 6990 15.70 14.66 15.13 + 0.48 15.70 3.30
Bullfrog Gold* O 855 0.10 0.08 0.09 + 0.01 0.12 0.01
Bullion Gld Res V 122 0.09 0.00 0.09 - 0.01 0.15 0.05
C Desert Star V 79 0.10 0.08 0.08 - 0.02 0.16 0.03
Cache Expl* O 2 0.13 0.10 0.13 + 0.03 0.13 0.06
Cache Expl V 66 0.21 0.12 0.20 + 0.08 0.21 0.06
Cadan Res V 33 0.05 0.00 0.05 - 0.01 0.09 0.03
Cairo Res V 4 0.23 0.18 0.18 - 0.05 0.30 0.08
Caledonia Mng* Q 79 1.21 1.14 1.20 + 0.04 1.23 0.48
Calibre Mng V 2571 0.20 0.18 0.18 - 0.02 0.27 0.06
California Gl* O 9 0.56 0.43 0.56 + 0.06 0.56 0.43
California Gld V 29 0.65 0.60 0.61 - 0.02 1.80 0.25
Callinex Mines V 390 0.39 0.34 0.38 + 0.03 0.54 0.23
Callinex Mines* O 351 0.30 0.23 0.29 + 0.03 0.44 0.17
Cameco Corp* N 11751 9.68 9.08 9.52 - 0.04 14.79 9.08
Cameco Corp T 8130 12.84 12.12 12.54 + 0.06 19.32 12.12
Cameo Res V 183 0.05 0.05 0.05 - 0.01 0.10 0.04
Camino Mnls V 68 0.27 0.24 0.24 - 0.02 0.28 0.07
Camino Mnls* O 7 0.21 0.00 0.21 - 0.00 0.21 0.05
Canada Coal V 122 0.03 0.03 0.03 - 0.01 0.05 0.01
Canadian Zeol* O 79 0.33 0.31 0.33 + 0.01 0.33 0.06
Canadian Zeol V 1202 0.45 0.35 0.43 + 0.03 0.45 0.08
CanAlaska Uran V 642 1.35 1.01 1.23 + 0.14 1.55 0.09
CanAlaska Uran* O 159 1.00 0.78 0.95 + 0.12 1.20 0.06
Canamex Res V 14963 0.08 0.04 0.07 + 0.03 0.08 0.03
Canamex Res* O 808 0.06 0.03 0.06 + 0.03 0.06 0.02
Canarc Res T 3093 0.11 0.09 0.10 - 0.01 0.15 0.04
Canarc Res* Q 553 0.08 0.07 0.07 + 0.00 0.12 0.03
Canasil Res V 1512 0.60 0.47 0.58 + 0.10 0.60 0.03
Cancana Res V 302 0.36 0.29 0.29 - 0.03 0.36 0.13
Candente Coppr T 518 0.17 0.14 0.16 + 0.02 0.18 0.03
Candente Gold* O 144 0.05 0.04 0.05 + 0.01 0.06 0.00
Candente Gold V 526 0.07 0.06 0.07 + 0.01 0.09 0.01
Canoe Mng Vent V 1024 0.04 0.04 0.04 + 0.01 0.09 0.02
Canstar Res V 558 0.15 0.10 0.12 + 0.03 0.15 0.04
Canterra Mnls V 137 0.10 0.08 0.08 - 0.01 0.10 0.03
Cantex Mn Dev V 399 0.13 0.09 0.11 + 0.01 0.15 0.03
Canyon Copper V 104 0.03 0.00 0.03 + 0.01 0.03 0.01
Canyon Gold* O 105 0.17 0.15 0.17 - 0.01 0.54 0.02
Capstone Mng T 2619 0.89 0.80 0.82 - 0.04 0.97 0.27
Caracara Silvr V 2006 0.03 0.02 0.02 - 0.01 0.03 0.01
Cardero Res* O 25 0.12 0.00 0.12 - 0.00 0.18 0.05
Cardero Res V 115 0.16 0.12 0.16 + 0.02 0.26 0.08
Cariboo Rose V 354 0.12 0.08 0.11 + 0.03 0.11 0.03
Carpathian Gld 3897 0.07 0.06 0.06 + 0.01 0.09 0.01
Carpathian Gld* O 312 0.05 0.00 0.05 + 0.01 0.07 0.00
Carube Copper V 172 0.18 0.12 0.13 - 0.04 0.20 0.05
Carube Copper* O 91 0.14 0.12 0.12 - 0.00 0.14 0.07
Castle Mtn Mng V 1895 0.91 0.81 0.90 + 0.05 0.91 0.18
Castle Peak Mg V 933 0.07 0.05 0.05 - 0.01 0.07 0.01
Castle Res 9 0.30 0.00 0.30 + 0.09 1.50 0.05
Cava Res V 99 0.50 0.43 0.50 + 0.05 0.60 0.04
Caza Gold* O 20 0.06 0.05 0.05 - 0.01 0.06 0.01
CB Gold V 254 0.13 0.10 0.12 + 0.02 0.15 0.04
Cda Carbon* O 44 0.22 0.21 0.22 + 0.00 0.28 0.18
(100s) Week 12-month
Stock Exc Volume High Low Last Change High Low
Cda Rare Earth V 1063 0.03 0.03 0.03 + 0.01 0.04 0.02
Cda Zinc Mtls V 2218 0.44 0.27 0.39 + 0.10 0.44 0.10
Cdn Arrow V 3221 0.02 0.01 0.01 + 0.01 0.02 0.01
Cdn Intl Mnrls V 2886 0.06 0.04 0.05 + 0.01 0.13 0.01
Cdn Metals 811 0.30 0.10 0.30 + 0.14 0.44 0.06
Cdn Zinc* Q 435 0.29 0.25 0.28 + 0.01 0.32 0.04
Centamin T 345 2.97 2.81 2.82 - 0.07 2.97 1.08
Centaurus Diam* O 109 0.20 0.14 0.19 - 0.02 0.34 0.02
Centerra Gold T 4033 8.06 7.40 7.45 - 0.25 8.67 5.64
Centurion Mnls V 940 0.10 0.08 0.08 - 0.02 0.18 0.04
Century Global T 2 0.22 0.00 0.22 + 0.01 0.36 0.15
Cerro Grande* O 26 0.04 0.02 0.04 + 0.02 0.05 0.00
Cerro Grande 232 0.06 0.02 0.03 - 0.01 0.06 0.01
Cerro Mng V 100 0.01 0.01 0.01 + 0.01 0.03 0.01
Chalice Gold M* O 55 0.16 0.16 0.16 - 0.01 0.17 0.08
Chalice Gold M T 437 0.21 0.19 0.20 + 0.01 0.21 0.09
Champion Bear* O 3 0.06 0.06 0.06 - 0.02 0.08 0.02
Champion Iron* O 26 0.20 0.19 0.19 - 0.01 0.23 0.09
Champion Iron T 455 0.25 0.23 0.24 - 0.01 0.30 0.11
Chesapeake Gld V 346 6.24 5.21 6.05 + 0.80 6.50 1.39
Chesapeake Gld* O 259 4.69 4.04 4.58 + 0.54 5.03 1.05
Chevron* N 40680 102.10 97.91 100.51 - 1.97 107.58 69.58
Chiboug Ind Mn V 159 0.23 0.15 0.18 + 0.03 0.26 0.03
Chiboug Ind Mn* O 27 0.17 0.14 0.17 + 0.07 0.17 0.07
Chieftain Mtls V 310 0.17 0.14 0.15 + 0.01 0.23 0.03
Chilean Metals V 83 0.18 0.15 0.17 + 0.01 0.19 0.02
Chilean Metals* O 53 0.14 0.12 0.13 - 0.01 0.15 0.00
China Gold Int T 1368 2.54 2.37 2.37 - 0.10 2.72 1.60
China Mnls Mng* O 10 0.01 0.00 0.01 - 0.01 0.02 0.00
CKR Carbon V 902 0.09 0.07 0.08 - 0.01 0.13 0.06
Claim Post Res V 221 0.04 0.03 0.03 + 0.01 0.06 0.01
Cloud Peak En* N 10303 3.89 3.14 3.49 + 0.08 4.79 1.08
CMC Metals* O 29 0.13 0.10 0.13 + 0.03 0.11 0.07
CMC Metals V 672 0.20 0.13 0.17 + 0.03 0.32 0.05
Coeur Mng* N 26142 16.03 14.88 15.50 + 0.18 16.03 1.62
Colibri Res V 74 0.22 0.15 0.18 - 0.04 0.22 0.02
Colombia Crest V 2506 0.04 0.02 0.02 - 0.01 0.04 0.01
Colombian Mins V 144 0.21 0.17 0.17 - 0.03 0.23 0.02
Colorado Res* O 412 0.51 0.43 0.47 + 0.01 0.51 0.04
Colorado Res V 2511 0.67 0.54 0.61 + 0.02 0.67 0.05
Colt Res* O 170 0.06 0.04 0.04 - 0.00 0.15 0.04
Colt Res V 2670 0.11 0.06 0.09 + 0.03 0.19 0.06
Columbus Gold* O 360 0.62 0.58 0.61 + 0.02 0.63 0.23
Columbus Gold T 1429 0.82 0.74 0.80 + 0.02 0.82 0.32
Commerce Res V 858 0.08 0.07 0.07 - 0.01 0.13 0.06
Commerce Res* O 88 0.06 0.05 0.05 + 0.00 0.10 0.04
Comstock Mng* X 3210 0.47 0.39 0.41 + 0.03 0.70 0.33
Comstock Mtls V 254 0.35 0.28 0.32 + 0.04 0.37 0.05
Comstock Mtls * O 62 0.24 0.00 0.24 + 0.02 0.28 0.10
Condor Res V 584 0.09 0.08 0.08 - 0.01 0.12 0.02
Confedertn Mls V 88 0.75 0.00 0.72 + 0.08 9.00 0.64
Conquest Res V 972 0.05 0.04 0.04 - 0.01 0.07 0.01
CONSOL Energy* N 17735 19.28 18.02 19.05 - 0.33 19.62 4.54
Constant Mtl V 706 0.14 0.10 0.12 - 0.01 0.15 0.05
Contintl Gold* O 62 3.07 2.69 2.69 - 0.29 3.31 0.88
Contintl Gold T 1573 3.98 3.50 3.58 - 0.28 4.32 1.28
Contintl Prec T 3 0.32 0.00 0.32 - 0.01 0.38 0.25
Copper Fox Mtl V 780 0.13 0.12 0.13 - 0.01 0.24 0.11
Copper Lake Rs V 172 0.07 0.05 0.07 + 0.02 0.07 0.03
Copper Mtn Mng* O 31 0.41 0.40 0.41 + 0.00 0.66 0.23
Copper Mtn Mng T 1379 0.55 0.51 0.52 - 0.01 0.85 0.33
Copper North M V 84 0.18 0.00 0.17 + 0.01 0.50 0.13
Copper North M* O 2 0.14 0.00 0.13 - 0.01 0.15 0.10
Copper One * O 80 0.15 0.11 0.15 + 0.04 0.17 0.02
Copper One V 145 0.21 0.15 0.21 + 0.05 0.30 0.03
Copperbank Res* O 26 0.06 0.05 0.05 + 0.00 0.06 0.01
Copperbank Res 573 0.08 0.07 0.08 + 0.01 0.08 0.03
Coral Gold V 1263 0.39 0.35 0.35 - 0.02 0.39 0.05
Corazon Gold V 21 0.28 0.24 0.24 - 0.04 0.30 0.18
Cordoba Mnls V 1169 1.08 0.78 0.96 + 0.14 1.08 0.10
Cordoba Mnls* O 610 0.78 0.66 0.73 + 0.13 0.79 0.08
Corex Gold V 1016 0.17 0.14 0.14 - 0.01 0.21 0.03
Cornerstone Ca V 1718 0.09 0.06 0.09 + 0.02 0.08 0.02
Cornerstone Ca* O 538 0.06 0.04 0.05 - 0.00 0.06 0.01
Cornerstone Mt V 42 0.03 0.03 0.03 + 0.01 0.04 0.01
Coro Mining T 1908 0.16 0.14 0.16 + 0.01 0.21 0.02
Coronet Mtls* O 72 0.35 0.29 0.31 - 0.04 0.40 0.02
Corvus Gold T 173 1.38 1.17 1.23 - 0.09 1.38 0.33
Corvus Gold* O 124 1.05 0.89 0.96 - 0.07 1.05 0.25
Cougar Mnls V 57 0.49 0.46 0.46 - 0.03 0.82 0.08
Crazy Horse Res V 1301 0.04 0.02 0.03 + 0.01 0.07 0.01
Critical Elem V 781 0.66 0.62 0.63 - 0.01 0.75 0.14
Critical Elem* O 57 0.51 0.47 0.47 + 0.00 0.58 0.10
Crown Mining V 118 0.15 0.12 0.13 + 0.01 0.20 0.03
Cruz Cap Corp* O 174 0.35 0.34 0.35 - 0.00 0.35 0.20
Crystal Pk Min* O 54 0.22 0.20 0.22 + 0.02 0.32 0.11
Crystal Pk Min V 88 0.29 0.26 0.29 + 0.02 0.42 0.13
Currie Rose Rs V 754 0.05 0.02 0.04 + 0.02 0.05 0.01
Cypress Dev V 1374 0.18 0.15 0.18 + 0.01 0.20 0.02
Cypress Dev* O 56 0.14 0.12 0.13 + 0.01 0.16 0.01
Cyprium Mng V 767 0.10 0.07 0.07 - 0.02 0.15 0.06
D-F
Dajin Res V 1551 0.21 0.18 0.20 + 0.01 0.30 0.07
Dajin Res* O 1394 0.16 0.13 0.15 + 0.00 0.24 0.05
Dakota Ter Res* O 46 0.06 0.06 0.06 - 0.00 0.20 0.05
Daleco Res* O 120 0.04 0.03 0.03 + 0.00 0.05 0.01
Dalradian Res* O 1129 0.90 0.84 0.88 - 0.01 1.04 0.45
Dalradian Res T 5736 1.18 1.10 1.15 - 0.01 1.32 0.62
Danakali* O 131 0.31 0.30 0.31 + 0.01 0.37 0.17
Darnley Bay V 1507 0.24 0.14 0.21 + 0.05 0.24 0.01
Darnley Bay* O 25 0.14 0.12 0.14 + 0.02 0.14 0.00
Debut Dmds 53 0.02 0.01 0.02 + 0.01 0.03 0.01
Defiance Silvr* O 357 0.47 0.41 0.42 + 0.00 0.47 0.04
Defiance Silvr V 1206 0.62 0.49 0.55 + 0.02 0.62 0.06
Del Toro Silvr* O 661 0.00 0.00 0.00 + 0.00 0.03 0.00
Denison Mines* X 1974 0.54 0.50 0.50 - 0.02 0.67 0.35
Denison Mines T 2218 0.72 0.65 0.67 - 0.03 0.85 0.48
Detour Gold T 4863 35.22 32.07 33.50 - 0.64 35.93 12.07
Diamante Min* O 72 0.51 0.35 0.35 - 0.11 0.85 0.17
Diamcor Mng V 19 1.18 1.14 1.15 - 0.03 1.25 0.65
Dios Expl V 279 0.15 0.10 0.14 + 0.02 0.19 0.05
Discovery Gold* O 391 0.00 0.00 0.00 - 0.00 0.00 0.00
DNI Metals* O 12 0.03 0.03 0.03 + 0.00 0.10 0.03
Dolly Vard Sil* O 103 0.81 0.54 0.69 - 0.02 0.81 0.08
Dominion Diam* N 1011 9.44 8.67 8.85 - 0.34 13.32 7.27
Dominion Diam T 803 12.32 11.42 11.63 - 0.36 17.40 9.96
Double Crn Res* O 4175 0.01 0.01 0.01 + 0.00 0.02 0.01
Doubleview Cap V 278 0.10 0.08 0.10 + 0.01 0.16 0.06
DRDGOLD* N 4199 9.10 8.02 8.46 + 0.16 9.10 1.10
Dundee Prec Mt T 2132 4.10 3.44 3.50 - 0.43 4.14 0.84
Duran Vent * O 22 0.09 0.00 0.07 - 0.02 0.09 0.07
Duran Vent V 135 0.11 0.10 0.10 - 0.01 0.20 0.07
Durango Res V 1243 0.11 0.09 0.10 + 0.01 0.21 0.03
DuSolo Fertil* O 140 0.03 0.02 0.03 - 0.00 0.13 0.02
Dynacor Gld Mn T 274 2.15 2.00 2.10 - 0.02 2.32 1.30
Dynasty Gold V 1464 0.03 0.02 0.02 - 0.01 0.03 0.01
Dynasty Met&Mn* O 28 0.14 0.12 0.12 - 0.01 0.36 0.08
Dynasty Met&Mn T 378 0.19 0.16 0.17 + 0.01 0.60 0.10
Eagle Graphite V 515 0.05 0.04 0.04 - 0.01 0.07 0.02
Eagle Graphite* O 44 0.04 0.03 0.03 - 0.01 0.05 0.01
Eagle Plains V 597 0.15 0.14 0.15 + 0.01 0.17 0.05
East Africa * O 23 0.23 0.19 0.23 + 0.04 0.23 0.02
Eastern Platin T 287 0.90 0.78 0.82 - 0.03 1.45 0.61
Eastfield Res V 333 0.05 0.03 0.04 + 0.01 0.05 0.02
Eastmain Res T 4399 0.66 0.62 0.65 + 0.02 0.67 0.28
Eco Oro Mnls T 82 0.33 0.31 0.33 + 0.01 0.70 0.25
Ecuador Gold V 849 0.62 0.33 0.60 + 0.20 0.59 0.10
Ecuador Gold* O 58 0.42 0.30 0.42 + 0.12 0.42 0.13
Edgewater Expl V 4671 0.03 0.02 0.03 + 0.01 0.04 0.01
El Capitan Prc* O 6744 0.08 0.05 0.08 + 0.03 0.10 0.03
El Nino Vent V 285 0.05 0.04 0.04 + 0.01 0.05 0.01
Elcora Res* O 21 0.30 0.29 0.29 - 0.01 0.55 0.20
Eldorado Gold* N 31496 4.28 3.93 3.99 - 0.10 5.16 1.87
Eldorado Gold T 19084 5.74 5.19 5.25 - 0.10 6.71 2.67
Eloro Mnrls V 81 0.40 0.36 0.37 + 0.01 0.40 0.09
Ely Gold & Mnl V 327 0.15 0.12 0.13 - 0.01 0.17 0.04
Ely Gold & Mnl* O 340 0.11 0.09 0.11 + 0.00 0.12 0.03
Elysee Dev V 49 0.33 0.00 0.33 + 0.03 0.34 0.17
Emerita Res V 739 0.09 0.08 0.08 - 0.01 0.17 0.02
Emgold Mng* O 43 0.03 0.02 0.03 + 0.00 0.03 0.00
Encanto Potash V 1578 0.09 0.08 0.08 - 0.01 0.18 0.05
Encanto Potash* O 173 0.07 0.06 0.06 - 0.01 0.14 0.03
Endeavour Mng* O 77 20.22 17.07 17.27 - 2.24 20.22 4.40
Endeavour Mng T 1905 26.38 22.30 22.71 - 2.66 26.38 4.95
Endeavr Silver* N 13763 5.30 4.69 5.04 + 0.19 5.30 1.00
Endeavr Silver T 2472 6.89 6.17 6.62 + 0.30 6.89 1.46
Energizer Res T 1719 0.11 0.07 0.08 + 0.01 0.13 0.03
Energizer Res* O 376 0.07 0.05 0.06 + 0.00 0.10 0.03
WWW.NORTHERNMINER.COM
(100s) Week 12-month
Stock Exc Volume High Low Last Change High Low
Energy Fuels* X 609 2.29 2.18 2.21 - 0.02 4.41 1.81
Energy Fuels T 257 2.95 2.83 2.92 + 0.02 5.76 2.47
Entree Gold* X 606 0.31 0.29 0.30 - 0.01 0.40 0.17
Equitas Res V 4177 0.11 0.09 0.09 - 0.01 0.22 0.05
Equitas Res* O 647 0.09 0.07 0.07 - 0.01 0.17 0.02
Era Res Inc V 45 0.43 0.31 0.43 + 0.06 0.50 0.09
Erdene Res Dev T 491 0.34 0.29 0.32 + 0.02 0.55 0.11
Erdene Res Dev* O 43 0.25 0.22 0.24 + 0.01 0.42 0.08
Erin Ventures* O 220 0.04 0.04 0.04 + 0.00 0.08 0.03
Erin Ventures V 574 0.06 0.04 0.06 + 0.01 0.11 0.04
Eros Res Corp V 316 0.21 0.18 0.21 + 0.03 0.21 0.09
Eros Res Corp V 316 0.21 0.18 0.21 + 0.03 0.21 0.09
Ethos Gold V 130 0.36 0.34 0.35 - 0.01 0.41 0.14
Ethos Gold* O 41 0.27 0.26 0.27 - 0.01 0.32 0.09
Eurasian Mnls* X 789 1.37 1.10 1.29 + 0.19 1.37 0.35
Eurasian Mnls V 157 1.75 1.36 1.63 + 0.18 1.75 0.48
Eureka Res V 618 0.17 0.14 0.14 - 0.01 0.17 0.04
EurOmax Res T 50 0.45 0.42 0.45 + 0.03 0.62 0.21
EurOmax Res* O 18 0.34 0.31 0.34 + 0.00 0.46 0.15
Europn Uran Rs V 13 0.22 0.00 0.22 + 0.02 0.27 0.05
Eurotin V 8 0.08 0.00 0.08 - 0.01 1.00 0.03
Everest Vent V 25 0.71 0.00 0.70 - 0.01 0.95 0.09
Everton Res V 4971 0.12 0.06 0.10 + 0.04 0.08 0.01
Everton Res* O 1445 0.09 0.04 0.09 + 0.03 0.07 0.00
Evolving Gold 64 0.40 0.35 0.36 + 0.01 0.50 0.04
Evolving Gold* O 27 0.31 0.26 0.28 - 0.02 0.38 0.02
Evrim Res V 863 0.43 0.31 0.39 + 0.07 0.43 0.10
Excalibur Res 528 0.11 0.07 0.10 - 0.01 0.11 0.01
Excalibur Res* O 96 0.09 0.06 0.07 - 0.01 0.09 0.00
Excellon Res T 2349 1.58 1.25 1.42 + 0.15 1.58 0.20
Excellon Res* O 369 1.22 0.95 1.09 + 0.14 1.22 0.14
Excelsior Mng* O 188 0.30 0.25 0.29 + 0.01 0.31 0.12
Exeter Res T 445 1.94 1.67 1.77 - 0.01 1.94 0.39
Exeter Res* X 1998 1.48 1.30 1.34 - 0.02 1.48 0.29
Expedition Mng* O 40 0.08 0.07 0.08 + 0.01 0.22 0.07
Explor Res* O 150 0.14 0.10 0.10 - 0.03 0.18 0.03
Explor Res V 3088 0.17 0.12 0.14 - 0.03 0.24 0.04
Fairmont Res V 654 0.16 0.13 0.13 - 0.02 0.23 0.02
Falco Res V 862 1.12 1.00 1.08 + 0.06 1.25 0.21
Finore Mng 1203 0.08 0.02 0.08 + 0.06 0.08 0.01
Firebird Res V 52 0.04 0.00 0.04 + 0.01 0.05 0.01
Firestone Vent V 535 0.06 0.05 0.06 + 0.01 0.06 0.01
Firma Holdings* O 151 0.09 0.05 0.08 - 0.00 0.25 0.02
First Bauxite V 129 0.06 0.05 0.06 + 0.01 0.08 0.03
First Majestic T 7215 24.38 21.77 23.46 + 0.82 24.38 3.50
First Majestic* N 22290 18.68 17.31 17.83 + 0.49 18.68 2.40
First Mexican V 315 0.04 0.04 0.04 + 0.01 0.07 0.02
First Mg Fin V 9994 1.25 1.06 1.12 - 0.06 1.31 0.25
First Mg Fin * O 7205 0.96 0.81 0.85 - 0.05 1.02 0.19
First Point T 735 0.10 0.09 0.09 - 0.01 0.14 0.04
First Quantum T 23621 11.62 10.86 11.47 + 0.18 11.62 2.15
Fission 3.0 V 756 0.08 0.07 0.07 - 0.01 0.12 0.06
Fission Uran T 1892 0.73 0.68 0.69 - 0.04 0.86 0.53
Fission Uran* O 951 0.58 0.51 0.52 - 0.04 0.66 0.39
Fjordland Exp V 1006 0.12 0.09 0.10 + 0.01 0.17 0.01
Flinders Res V 199 0.63 0.48 0.48 - 0.12 0.77 0.13
Flinders Res* O 150 0.50 0.38 0.38 - 0.08 0.61 0.09
Focus Graphite V 998 0.15 0.13 0.14 + 0.01 0.30 0.07
Focus Graphite* O 227 0.12 0.09 0.11 + 0.00 0.23 0.04
Focus Vent V 511 0.11 0.10 0.10 - 0.01 0.22 0.05
Foran Mng V 336 0.22 0.19 0.21 + 0.01 0.27 0.05
Formation Mtls T 1212 0.61 0.46 0.60 - 0.01 0.63 0.09
Forsys Metals T 284 0.07 0.07 0.07 + 0.01 0.20 0.05
Fort St J Nick V 3 0.10 0.00 0.10 + 0.01 0.25 0.05
Fortescue Mtls* O 9 3.45 0.00 3.45 + 0.06 3.39 1.00
Fortuna Silvr T 3761 12.73 11.20 11.56 + 0.18 12.73 2.65
Fortuna Silvr* N 6282 9.75 8.66 8.77 + 0.05 9.75 2.00
Fortune Mnrls* O 148 0.09 0.08 0.08 - 0.00 0.11 0.01
Forum Uranium* O 311 0.07 0.07 0.07 + 0.00 0.14 0.03
Forum Uranium V 914 0.09 0.08 0.09 + 0.01 0.20 0.04
Four River V 65 0.30 0.00 0.30 + 0.01 0.39 0.05
Franco-Nevada* N 2338 79.62 76.12 77.11 + 0.08 80.22 39.05
Franco-Nevada T 1833 104.17 99.05 101.57 + 0.90 104.19 51.55
Franklin Mng* O 2 0.00 0.00 0.00 + 0.00 0.01 0.00
Freegold Vent T 930 0.25 0.20 0.25 + 0.04 0.27 0.05
Freeport McMo* N 135463 13.04 11.88 12.23 - 0.73 14.20 3.52
Fresnillo plc* O 15 26.10 24.40 24.40 - 1.53 26.65 8.70
Full Metal Mnl V 37 0.12 0.06 0.09 + 0.03 0.12 0.02
Fura Emeralds V 257 0.17 0.13 0.14 - 0.02 0.25 0.08
G-H
G&S Minerals* O 145 0.00 0.00 0.00 - 0.00 0.00 0.00
G4G Res V 17 0.09 0.00 0.09 + 0.01 0.11 0.03
Gainey Capital V 363 0.20 0.17 0.20 + 0.02 0.30 0.10
Galane Gold V 2672 0.15 0.12 0.13 - 0.02 0.19 0.03
Galantas Gold V 243 0.17 0.13 0.14 - 0.01 0.17 0.07
Galena Intl Rs V 62 0.14 0.12 0.12 - 0.02 0.15 0.02
Galway Gold V 1792 0.09 0.06 0.09 + 0.03 0.10 0.04
Galway Mtls* O 905 0.35 0.14 0.35 + 0.22 0.34 0.06
Galway Mtls V 4321 0.46 0.17 0.46 + 0.29 0.45 0.09
Garibaldi Res V 741 0.10 0.08 0.09 - 0.01 0.18 0.05
Garibaldi Res * O 104 0.08 0.06 0.07 - 0.01 0.13 0.03
GB Minerals V 25 0.08 0.08 0.08 - 0.01 0.12 0.02
Gear Intl* O 50 0.00 0.00 0.00 - 0.00 0.00 0.00
Gem Intl Res V 186 0.15 0.12 0.15 + 0.02 0.15 0.04
General Moly* X 371 0.36 0.30 0.34 + 0.01 0.53 0.15
Genesis Mtls V 900 0.27 0.22 0.26 + 0.03 0.26 0.05
Gensource Pot V 627 0.10 0.09 0.09 - 0.01 0.12 0.04
Geologix Expl V 1311 0.13 0.11 0.13 + 0.02 0.14 0.02
Geologix Expl* O 529 0.10 0.08 0.09 + 0.01 0.11 0.01
Gespeg Cop Res V 372 0.05 0.04 0.04 - 0.01 0.06 0.02
GFK Res V 127 0.14 0.10 0.14 + 0.02 0.14 0.03
Giyani Gold* O 446 0.27 0.20 0.20 - 0.04 0.27 0.02
Giyani Gold V 740 0.35 0.23 0.28 - 0.04 0.36 0.06
Gldn Predator* O 125 0.68 0.64 0.64 - 0.04 0.79 0.06
Gldn Predator V 456 0.90 0.84 0.85 - 0.03 1.03 0.07
Glen Eagle Res V 273 0.11 0.10 0.10 - 0.01 0.16 0.03
Glencore Plc* O 540 4.99 4.82 4.95 + 0.07 6.45 1.95
Global Cop Grp V 66 0.05 0.04 0.05 + 0.01 0.06 0.04
Global Gold* O 55 0.03 0.02 0.03 + 0.01 0.04 0.00
Global Mnrls V 1 0.26 0.00 0.26 - 0.03 0.30 0.03
GlobalMin Vent* O 3 0.07 0.07 0.07 - 0.00 0.17 0.07
Globex Mng* O 25 0.32 0.30 0.30 - 0.02 0.38 0.14
Globex Mng T 480 0.43 0.39 0.39 - 0.02 0.51 0.17
GMCI Corp* O 0 2.20 0.00 2.20 - 0.10 2.51 0.20
GMV Minerals V 894 0.55 0.44 0.55 + 0.12 0.53 0.05
GMV Minerals* O 107 0.41 0.35 0.41 + 0.04 0.39 0.06
GoGold Res T 2508 1.25 1.15 1.15 - 0.02 1.65 0.94
Gold & Silver* O 2849 0.01 0.01 0.01 + 0.00 478.00 0.00
Gold Bulln Dev* O 272 0.10 0.08 0.08 - 0.01 0.11 0.01
Gold Bulln Dev V 2079 0.13 0.11 0.11 - 0.01 0.16 0.02
Gold Dynamics* O 327 0.00 0.00 0.00 - 0.00 0.01 0.00
Gold Fields* N 26877 6.56 6.09 6.14 - 0.07 6.56 2.04
Gold Jub Cap V 701 0.18 0.16 0.18 + 0.02 0.28 0.07
Gold Lakes* O 1895 0.87 0.31 0.68 - 0.01 1.02 0.01
Gold Mng USA* O 314 0.01 0.01 0.01 + 0.00 0.19 0.00
Gold Mtn Mng V 546 0.35 0.28 0.34 + 0.01 0.49 0.02
Gold Mtn Mng * O 42 0.26 0.00 0.26 + 0.03 0.24 0.23
Gold Reach Res V 363 0.25 0.17 0.24 + 0.04 0.25 0.08
Gold Resource* X 6918 6.88 5.49 6.45 + 0.83 6.88 1.14
Gold Ridge Exp V 666 0.10 0.08 0.10 + 0.01 0.14 0.01
Gold Std Vents* X 4011 1.63 1.35 1.42 - 0.08 2.10 0.32
Gold Std Vents V 1531 2.11 1.78 1.87 - 0.08 2.73 0.42
Goldcliff Res V 929 0.04 0.03 0.03 - 0.01 0.04 0.01
Goldcorp T 20349 23.85 22.82 22.98 - 0.35 26.56 13.55
Goldcorp* N 33673 18.28 17.33 17.46 - 0.42 20.38 9.46
Golden Arrow V 3635 1.48 1.16 1.20 - 0.03 1.48 0.17
Golden Arrow* O 2363 1.30 0.87 0.92 - 0.03 1.30 0.13
Golden Cariboo V 140 0.15 0.09 0.11 - 0.03 0.15 0.03
Golden Dawn Ml V 2871 0.39 0.35 0.36 - 0.01 0.44 0.07
Golden Dawn Ml* O 84 0.30 0.26 0.26 - 0.03 0.32 0.06
Golden Eagle* O 18 0.03 0.02 0.02 - 0.01 0.03 0.00
Golden Goliath V 1612 0.11 0.08 0.08 - 0.02 0.14 0.01
Golden Goliath* O 263 0.08 0.06 0.07 - 0.01 0.10 0.00
Golden Harp V 31 0.20 0.16 0.17 + 0.01 0.28 0.03
Golden Hope V 403 0.32 0.27 0.30 + 0.03 0.60 0.16
Golden Hope* O 55 0.25 0.21 0.24 + 0.03 0.47 0.12
Golden Matrix* O 7372 0.00 0.00 0.00 - 0.00 3000.00 0.00
Golden Mnls* X 4262 1.11 0.89 0.93 - 0.09 1.16 0.13
Golden Mnls T 271 1.43 1.17 1.23 - 0.09 1.51 0.19
Golden Peak Mn V 4347 0.06 0.03 0.04 - 0.02 0.09 0.03
Golden Queen T 1138 1.41 1.17 1.34 + 0.13 2.00 0.67
Golden Queen* O 1186 1.06 0.89 1.03 + 0.10 1.56 0.48
Golden Reign V 1268 0.29 0.26 0.29 + 0.01 0.34 0.07
Golden Secret V 172 0.50 0.44 0.49 + 0.04 0.67 0.02
Golden Sh Mng V 1060 0.20 0.14 0.20 + 0.07 0.26 0.03
Golden Sh Mng* O 5 0.13 0.10 0.13 + 0.03 0.14 0.05
Golden Star T 4795 1.07 0.96 1.00 - 0.03 1.46 0.21
Golden Star* X 25179 0.83 0.71 0.76 - 0.02 1.13 0.14
Golden Tag V 2947 0.18 0.10 0.15 + 0.04 0.18 0.02
Golden Valley V 3116 0.30 0.23 0.30 + 0.07 0.32 0.07
2016-08-09 11:52 AM
 GLOBAL MINING NEWS
(100s) Week 12-month
Stock Exc Volume High Low Last Change High Low
Goldex Res V 10 0.64 0.55 0.63 + 0.03 0.90 0.10
Goldex Res* O 2 0.45 0.42 0.45 + 0.02 0.62 0.08
Goldeye Expl V 1076 0.08 0.06 0.08 + 0.02 0.08 0.02
Goldgroup Mng* O 1934 0.28 0.25 0.25 - 0.00 0.30 0.03
GoldON Res V 170 0.21 0.00 0.21 + 0.06 0.36 0.03
GoldQuest Mng V 2588 0.68 0.58 0.62 + 0.02 0.68 0.09
Goldrea Res 168 0.10 0.09 0.10 + 0.02 0.12 0.03
Goldrea Res* O 26 0.07 0.06 0.07 + 0.01 0.08 0.02
Goldsource Min* O 1694 0.39 0.32 0.38 + 0.05 0.45 0.11
Goldsource Min V 2417 0.50 0.43 0.50 + 0.06 0.57 0.14
Goldstar Mnls V 608 0.06 0.03 0.04 - 0.01 0.07 0.01
Goldstream Mnl V 51 0.15 0.10 0.13 + 0.03 0.40 0.10
Goldstrike Res V 5377 0.32 0.23 0.32 + 0.07 0.34 0.07
Gossan Res V 350 0.05 0.04 0.04 - 0.01 0.05 0.02
GoviEx Uranium* O 126 0.12 0.11 0.11 - 0.01 0.16 0.08
GoviEx Uranium V 600 0.18 0.14 0.16 + 0.02 0.19 0.14
Gowest Gold V 4011 0.28 0.20 0.23 + 0.01 0.28 0.06
GPM Metals V 695 0.50 0.38 0.40 - 0.06 0.57 0.08
Gran Colombia* O 869 0.12 0.10 0.11 - 0.00 0.20 0.04
Gran Colombia T 13539 0.15 0.13 0.14 + 0.01 0.27 0.06
Grande Portage V 54 0.18 0.14 0.15 - 0.04 0.20 0.04
Graphite One V 3061 0.09 0.08 0.08 - 0.01 0.18 0.07
Graphite One* O 330 0.07 0.06 0.06 - 0.01 0.14 0.05
Great Atlantic V 440 0.08 0.06 0.07 + 0.01 0.08 0.03
Great Bear Res V 16 0.36 0.00 0.36 + 0.07 0.35 0.05
Great Panther T 3162 2.02 1.70 1.74 - 0.16 2.82 0.45
Great Panther* X 14587 1.54 1.29 1.31 - 0.14 2.25 0.34
Great Quest Fe V 62 0.17 0.15 0.15 - 0.01 0.48 0.11
Great Western* O 390 0.00 0.00 0.00 + 0.00 0.00 0.00
Green Swan Cap V 165 0.08 0.07 0.08 + 0.01 0.14 0.01
Green Valley M V 1252 0.02 0.01 0.02 + 0.01 0.05 0.01
Greencastle Rs V 294 0.18 0.12 0.14 - 0.04 0.18 0.05
Grizzly Discvr V 188 0.06 0.04 0.05 + 0.01 0.10 0.01
Grizzly Discvr* O 24 0.05 0.04 0.04 - 0.01 0.05 0.02
Grizzly Gold* O 84 0.18 0.09 0.11 - 0.07 0.21 0.01
GTA Res & Mng V 974 0.12 0.08 0.10 + 0.02 0.16 0.02
Guerrero Vents V 1466 0.03 0.00 0.03 + 0.01 0.04 0.01
Gungnir Res V 396 0.04 0.04 0.04 - 0.01 0.05 0.01
Guyana Gldflds T 3178 8.81 8.25 8.46 + 0.06 10.35 2.48
Handa Copper V 120 0.05 0.04 0.04 - 0.01 0.07 0.03
Happy Ck Mnrls V 226 0.16 0.15 0.16 + 0.01 0.19 0.08
Harmony Gold* N 20490 4.87 4.44 4.50 - 0.07 4.87 0.53
Hawkeye Gld&Di V 107 0.08 0.07 0.08 + 0.02 0.10 0.03
Heatherdale Rs V 95 0.07 0.00 0.06 + 0.02 0.07 0.01
Hecla Mining* N 44335 6.73 6.08 6.50 + 0.01 6.73 1.45
Helio Res V 338 0.06 0.05 0.05 + 0.01 0.08 0.02
Hellix Vent* O 124 0.04 0.02 0.04 + 0.01 0.06 0.00
Hemcare Health* O 4 0.07 0.06 0.07 + 0.01 0.25 0.05
Heron Res T 1047 0.17 0.14 0.17 + 0.03 0.17 0.07
Heron Res* O 907 0.13 0.10 0.13 + 0.03 0.13 0.05
Highbank Res V 191 0.07 0.06 0.06 - 0.01 0.18 0.04
Hochschild Mg* O 228 3.92 3.50 3.57 + 0.04 3.92 0.59
Homestake Res* O 322 0.17 0.15 0.16 - 0.01 0.18 0.01
Homestake Res V 2315 0.23 0.20 0.21 - 0.02 0.24 0.01
Hornby Bay Mnl V 5 0.07 0.00 0.07 + 0.01 0.09 0.03
Houston Lake V 138 0.30 0.27 0.30 + 0.02 0.40 0.13
HTI Ventures V 949 0.88 0.68 0.81 + 0.08 0.88 0.01
HudBay Mnls* N 1541 5.10 4.45 4.48 - 0.52 6.50 1.56
HudBay Mnls T 10618 6.64 5.86 5.89 - 0.62 8.46 2.26
Hudson Res V 365 0.41 0.39 0.40 - 0.01 0.54 0.34
Hudson Res* O 16 0.32 0.29 0.29 - 0.01 0.41 0.26
Hunt Mng V 427 0.29 0.23 0.25 - 0.01 0.35 0.02
Hunt Mng* O 399 0.21 0.18 0.19 - 0.01 0.22 0.01
I-J-K
I-Minerals V 147 0.34 0.28 0.32 + 0.03 0.37 0.16
I-Minerals* O 167 0.26 0.22 0.26 + 0.04 0.28 0.14
IAMGOLD* N 54101 5.87 5.06 5.54 + 0.37 5.87 1.15
IAMGOLD T 16816 7.64 6.63 7.28 + 0.54 7.64 1.66
IC Potash* O 30 0.08 0.06 0.06 - 0.02 0.12 0.03
Iconic Mnls V 602 0.38 0.30 0.33 - 0.02 0.45 0.03
Idaho North* O 76 0.08 0.07 0.07 - 0.00 0.10 0.06
IDM Mining* O 507 0.18 0.16 0.17 + 0.01 0.21 0.04
IDM Mining V 3354 0.23 0.20 0.22 + 0.01 0.26 0.07
IEMR Res V 474 0.02 0.02 0.02 - 0.01 0.06 0.01
IMPACT Silver V 952 1.28 1.00 1.08 + 0.03 1.28 0.11
Impala Platnm* O 224 4.95 4.50 4.75 + 0.27 4.95 1.45
Imperial Metal* O 21 6.21 5.78 5.80 + 0.02 6.52 2.81
Imperial Metal T 237 8.00 7.48 7.61 - 0.08 8.82 3.92
Inca One Gold* O 128 0.04 0.04 0.04 - 0.01 0.11 0.03
Inception Mng * O 0 0.80 0.00 0.80 + 0.25 1.00 0.20
Independence G V 1064 0.50 0.38 0.49 + 0.09 0.49 0.06
Independence G* O 31 0.37 0.31 0.37 + 0.06 0.37 0.04
Infrastructure* O 181 0.01 0.01 0.01 + 0.00 0.02 0.01
Inspiration Mg 9 0.10 0.07 0.10 + 0.01 0.10 0.02
Inspiration Mg* O 9 0.06 0.00 0.04 - 0.02 0.10 0.01
Intact Gold* O 81 0.07 0.04 0.07 + 0.01 0.14 0.04
Intact Gold V 423 0.08 0.07 0.08 + 0.02 0.18 0.02
Integra Gold* O 2185 0.76 0.65 0.68 + 0.01 0.76 0.18
Integra Gold V 7475 0.96 0.86 0.90 + 0.02 0.96 0.23
Intgr Egy Sol* O 1499 0.00 0.00 0.00 - 0.00 0.00 0.00
Intigold Mines V 87 0.08 0.00 0.08 + 0.01 0.21 0.06
Intigold Mines* O 24 0.06 0.05 0.06 + 0.01 0.13 0.05
Intl Lithium* O 140 0.17 0.15 0.17 - 0.00 0.55 0.02
Intl Lithium V 462 0.22 0.20 0.20 - 0.02 0.38 0.03
Intl Millm Mng V 474 0.09 0.08 0.09 + 0.01 0.10 0.05
Intl Montoro V 832 0.03 0.02 0.03 - 0.01 0.08 0.02
Intl Samuel Ex V 89 0.09 0.08 0.09 - 0.01 0.15 0.05
Intl Tower Hil* X 1861 1.30 1.06 1.11 - 0.14 1.40 0.18
Intl Tower Hil T 545 1.68 1.42 1.42 - 0.15 1.82 0.26
Intrepid Pots* N 4876 1.38 1.16 1.31 + 0.02 8.74 0.65
INV Metals* O 75 0.76 0.62 0.69 + 0.07 0.77 0.08
INV Metals T 822 1.10 0.83 0.91 + 0.06 1.10 0.08
Inventus Mg * O 97 0.20 0.20 0.20 - 0.00 0.28 0.20
Inventus Mg V 348 0.29 0.26 0.29 + 0.02 0.35 0.02
InZinc Mining V 826 0.17 0.14 0.15 - 0.01 0.18 0.04
Ireland* O 716 0.23 0.19 0.20 - 0.02 0.38 0.13
Iron South Mng V 90 0.21 0.00 0.21 + 0.01 0.21 0.04
Irving Res* O 28 0.26 0.18 0.26 + 0.06 0.27 0.09
Irving Res 64 0.35 0.22 0.31 + 0.06 0.35 0.11
Itoco Mg Corp* O 166 0.11 0.09 0.09 - 0.01 1.10 0.08
Ivanhoe Mines* O 1098 1.19 1.03 1.11 - 0.00 1.19 0.36
Ivanhoe Mines T 8100 1.55 1.28 1.46 + 0.03 1.55 0.53
Jaguar Mng* O 1110 0.65 0.52 0.56 + 0.01 0.65 0.09
Jayden Res V 196 0.16 0.15 0.16 + 0.01 0.23 0.03
Jazz Res V 29 0.10 0.08 0.08 - 0.02 0.23 0.08
Jet Metal* O 5 0.05 0.00 0.00 - 0.00 0.12 0.00
K92 Mng Inc V 4412 2.24 1.92 2.14 + 0.21 2.24 0.87
K92 Mng Inc* O 1580 1.72 1.52 1.65 + 0.14 1.72 0.75
Kaizen Discvry V 566 0.29 0.21 0.29 + 0.05 0.29 0.08
Kaizen Discvry* O 102 0.19 0.16 0.19 + 0.02 0.19 0.06
Kapuskasing Gd V 932 0.05 0.04 0.05 - 0.01 0.07 0.02
Karnalyte Res T 1120 2.30 0.78 1.30 - 0.95 4.15 0.52
Katanga Mng T 104 0.15 0.14 0.15 + 0.01 0.23 0.13
Kazax Mnls V 398 0.02 0.00 0.02 + 0.01 0.05 0.01
Kenna Res V 272 0.25 0.23 0.25 + 0.01 0.27 0.12
Kennady Diam V 221 4.19 3.90 3.90 - 0.17 4.40 2.35
Kermode Res V 320 0.02 0.01 0.02 + 0.01 0.02 0.01
Kerr Mines* O 257 0.11 0.08 0.10 - 0.01 0.12 0.01
Kerr Mines T 1286 0.14 0.11 0.12 - 0.02 0.16 0.02
Kesselrun Res V 1049 0.36 0.27 0.28 - 0.06 0.43 0.02
Khalkos Expl V 444 0.17 0.12 0.15 - 0.01 0.26 0.05
Khan Res 53 0.83 0.78 0.78 - 0.05 0.88 0.34
Kilo Goldmines V 1903 0.17 0.12 0.13 - 0.01 0.17 0.04
Kilo Goldmines* O 80 0.12 0.10 0.10 - 0.01 0.13 0.03
Kincora Copper V 114 0.38 0.00 0.35 + 0.02 0.55 0.15
Kings Bay Gold V 89 0.10 0.00 0.10 + 0.01 0.15 0.05
Kingsmen Res* O 31 0.11 0.06 0.11 + 0.01 0.10 0.02
Kinross Gold T 25206 7.23 6.65 6.95 + 0.20 7.56 1.79
Kinross Gold* N 71334 5.56 5.03 5.28 + 0.11 5.82 1.31
Kirkland Lk Gd* O 158 8.83 8.16 8.37 - 0.18 9.62 3.12
Kirkland Lk Gd T 3290 11.50 10.69 11.02 - 0.13 12.39 4.51
Kiska Metals* O 286 0.09 0.07 0.08 - 0.01 0.09 0.01
Kiska Metals V 983 0.11 0.10 0.10 - 0.01 0.12 0.01
Kivalliq Enrgy V 1761 0.09 0.00 0.09 - 0.02 0.10 0.06
Klondike Gold V 891 0.45 0.37 0.45 + 0.06 0.42 0.08
Klondike Gold* O 103 0.31 0.28 0.31 + 0.00 0.32 0.06
Klondike Silv* O 32 0.09 0.06 0.09 + 0.02 0.09 0.01
Klondike Silv V 864 0.13 0.10 0.11 + 0.02 0.13 0.01
Kombat Copper V 395 0.06 0.05 0.05 - 0.01 0.10 0.02
Komet Resource V 46 0.37 0.35 0.36 + 0.01 0.50 0.29
Kootenay Silvr V 2697 0.60 0.46 0.52 + 0.02 0.60 0.17
L New Colombia* O 2207 0.02 0.01 0.01 - 0.00 0.05 0.00
Labdr Iron Mns* O 37 0.01 0.00 0.00 + 0.00 0.02 0.00
Labrador Iron T 1164 15.04 13.57 14.05 - 0.91 17.44 6.85
Lago Dourado V 39 0.29 0.00 0.17 - 0.12 0.59 0.05
Lake Victoria* O 26 0.01 0.01 0.01 - 0.00 0.07 0.01
Lamelee Iron V 1113 0.19 0.01 0.19 - 0.01 0.70 0.10
Lara Expl V 412 1.55 1.31 1.48 + 0.13 1.54 0.21
8-10_AUGUST15_StockTables.indd 9
S T O C K TA B L E S
(100s) Week 12-month
Stock Exc Volume High Low Last Change High Low
Laramide Res T 351 0.26 0.22 0.25 + 0.02 0.38 0.15
Largo Res* O 84 0.53 0.42 0.44 - 0.06 0.56 0.08
Largo Res T 121 0.66 0.55 0.58 - 0.05 0.72 0.11
Latin Am Mnls V 637 0.41 0.33 0.35 - 0.04 0.48 0.05
Latin Am Mnls* O 69 0.31 0.26 0.26 - 0.04 0.36 0.06
Legend Gold* O 88 0.04 0.04 0.04 - 0.00 0.05 0.01
Legend Gold V 109 0.05 0.05 0.05 - 0.01 0.06 0.02
Levon Res Ltd * O 97 0.39 0.35 0.39 + 0.04 0.42 0.07
Levon Res Ltd T 719 0.52 0.45 0.52 + 0.07 0.54 0.09
Lexam VG Gold* O 568 0.21 0.19 0.20 - 0.01 0.23 0.04
Lexam VG Gold T 737 0.27 0.25 0.26 - 0.01 0.29 0.05
Li3 Energy* O 454 0.02 0.02 0.02 + 0.00 0.04 0.01
Libero Mg Corp V 59 0.19 0.15 0.17 + 0.02 0.20 0.02
Liberty Star* O 7133 0.00 0.00 0.00 - 0.00 0.01 0.00
Lincoln Mng V 280 0.10 0.00 0.09 - 0.01 0.11 0.02
Lion One Mtls V 186 0.99 0.90 0.99 + 0.06 0.98 0.24
Lion One Mtls* O 119 0.76 0.69 0.76 + 0.05 0.74 0.18
Lions Gate Mtl 57 0.09 0.03 0.09 + 0.01 0.08 0.01
Lithium Amer* O 961 0.75 0.70 0.73 - 0.01 0.87 0.34
Lithium Corp* O 944 0.11 0.09 0.10 + 0.01 0.13 0.02
Lithium Expl* O 28721 0.02 0.01 0.01 + 0.01 0.45 0.00
LKA Gold* O 5 0.39 0.32 0.39 + 0.07 0.53 0.10
Lomiko Mtls* O 141 0.03 0.03 0.03 - 0.00 0.04 0.02
Loncor Res* O 5 0.18 0.15 0.18 - 0.00 0.20 0.01
Loncor Res T 45 0.25 0.22 0.24 - 0.01 0.25 0.02
Lone Star Gold* O 50 0.01 0.00 0.00 + 0.00 0.01 0.00
Lonmin plc* O 40 3.12 2.93 2.99 - 0.13 3.12 0.01
Lonmin plc* O 90 3.40 2.86 3.00 - 0.10 90.00 0.55
Lorraine Coppr V 327 0.12 0.09 0.10 + 0.01 0.12 0.04
Los Andes Copp V 641 0.18 0.16 0.16 - 0.01 0.20 0.05
Lucara Diam T 5425 4.38 3.99 4.19 + 0.16 4.38 1.42
Luna Gold* O 398 0.21 0.17 0.21 + 0.02 0.21 0.02
Luna Gold T 825 0.28 0.23 0.28 + 0.03 0.28 0.03
Lund Enterpr V 19 0.10 0.08 0.08 - 0.02 0.14 0.02
Lupaka Gold V 776 0.20 0.17 0.20 + 0.01 0.23 0.04
Lydian Intl T 3702 0.50 0.44 0.46 - 0.01 0.50 0.19
Lydian Intl* O 134 0.39 0.34 0.35 - 0.00 0.39 0.13
Lynas Corp* O 414 0.06 0.04 0.05 - 0.01 0.10 0.02
M Northern Uran V 3509 0.02 0.02 0.02 - 0.01 0.04 0.01
Macarthur Mnl* O 166 0.06 0.04 0.06 + 0.01 0.14 0.02
Macarthur Mnl V 3248 0.08 0.06 0.07 + 0.01 0.18 0.02
MacDonald Mns V 2182 0.02 0.01 0.02 + 0.01 0.02 0.01
MacMillan Mnls V 273 1.18 1.05 1.08 + 0.03 1.44 0.16
MAG Silver T 1020 21.88 20.26 20.87 + 0.37 21.88 8.60
Magellan Gold* O 23 0.20 0.14 0.19 + 0.06 0.35 0.04
Majescor Res V 174 0.14 0.08 0.10 + 0.02 0.15 0.02
Makena Res* O 47 0.03 0.02 0.02 - 0.01 0.04 0.01
Malbex Res V 403 0.45 0.37 0.45 + 0.07 0.46 0.20
Mandalay Res T 1982 1.17 1.13 1.14 + 0.01 1.35 0.59
Mangazeya Mng V 121 0.04 0.00 0.04 + 0.01 0.06 0.01
Marathon Gold T 933 0.53 0.49 0.50 + 0.02 0.53 0.11
Margaux Res V 215 0.26 0.21 0.25 - 0.01 0.29 0.11
Mariana Res* O 1018 0.83 0.64 0.80 + 0.12 0.89 0.02
Mariana Res V 740 1.12 0.87 1.06 + 0.16 1.20 0.85
Maritime Res V 475 0.30 0.24 0.24 - 0.04 0.31 0.08
Marlin Gold* O 463 0.50 0.40 0.45 + 0.00 0.52 0.10
MartinMarietta* N 3181 200.99 192.51
198.31 - 4.34 206.36 108.31
Mason Graphite* O 124 0.81 0.76 0.80 + 0.04 0.96 0.21
Mason Graphite V 649 1.09 0.99 1.05 + 0.01 1.25 0.30
Matachewan Con V 97 0.33 0.27 0.33 + 0.06 0.49 0.20
Matamec Expl V 783 0.07 0.06 0.06 + 0.01 0.07 0.02
Matamec Expl* O 74 0.05 0.04 0.05 + 0.00 0.06 0.01
Maverix Mtls* O 2 16.33 0.00 0.90 + 0.05 16.33 0.80
Mawson Res* O 71 0.19 0.17 0.18 + 0.00 0.24 0.12
Mawson Res T 128 0.24 0.23 0.23 - 0.01 0.30 0.17
Mawson West T 1021 0.01 0.01 0.01 + 0.01 0.03 0.01
Maya Gold &Sil V 3777 0.24 0.15 0.21 + 0.06 0.24 0.10
MBAC Fertilizr* O 3 0.01 0.01 0.01 + 0.01 0.04 0.00
McEwen Mng* N 16238 4.65 4.18 4.28 - 0.16 4.92 0.70
McEwen Mng T 2674 6.06 5.52 5.65 - 0.14 6.44 0.93
MDN Inc* O 27 0.07 0.05 0.07 + 0.01 0.07 0.01
MDN Inc V 1907 0.10 0.06 0.09 + 0.03 0.09 0.01
Meadow Bay Gd T 865 0.10 0.08 0.10 + 0.01 0.24 0.06
Meadow Bay Gd* O 465 0.08 0.06 0.08 + 0.01 0.17 0.04
Mechel* N 738 1.65 1.55 1.58 + 0.12 2.48 1.23
Medgold Res V 220 0.16 0.00 0.15 - 0.01 0.25 0.05
Medinah Mnrls* O 3573 0.01 0.01 0.01 + 0.00 0.03 0.01
Mega Uranium T 2833 0.14 0.12 0.14 + 0.02 0.20 0.05
Mega Uranium* O 43 0.11 0.09 0.10 + 0.01 0.15 0.04
Megastar Dev V 185 0.07 0.05 0.06 + 0.01 0.08 0.02
Merrex Gold V 307 0.23 0.19 0.21 + 0.01 0.31 0.10
Merrex Gold* O 35 0.16 0.14 0.15 + 0.00 0.24 0.10
Mesa Expl* O 215 0.09 0.07 0.08 + 0.01 0.14 0.01
Metallis Res V 113 0.26 0.19 0.19 - 0.06 0.28 0.02
Metalore Res T 8 2.50 1.90 1.90 - 0.60 3.59 1.26
Metals Creek V 359 0.14 0.11 0.13 + 0.02 0.20 0.05
Metals X* O 3 1.35 0.00 1.32 + 0.13 1.27 0.68
Metanor Res V 11972 0.11 0.09 0.11 + 0.02 0.13 0.03
Mexus Gold* O 4015 0.07 0.05 0.06 + 0.00 0.07 0.00
MGX Minerals 904 0.20 0.16 0.19 + 0.02 0.70 0.08
Midas Gold* O 1656 0.90 0.79 0.81 - 0.01 0.90 0.16
Midas Gold T 2496 1.18 1.03 1.06 - 0.01 1.18 0.25
Midland Expl V 138 1.09 0.90 1.05 - 0.03 1.20 0.45
Midnight Sun V 234 0.14 0.12 0.14 + 0.02 0.24 0.08
Midway Gold* O 304 0.00 0.00 0.00 + 0.00 0.01 0.00
Millrock Res* O 384 0.43 0.37 0.37 - 0.02 0.43 0.11
Millrock Res V 1899 0.54 0.48 0.50 - 0.01 0.54 0.15
Minaurum Gold V 223 0.14 0.11 0.11 - 0.01 0.14 0.04
Minco Gold* X 1271 0.35 0.30 0.32 + 0.01 0.42 0.10
Minco Gold T 264 0.45 0.40 0.41 - 0.01 0.55 0.12
Minco Silver T 579 1.95 1.77 1.91 + 0.10 2.05 0.32
Minco Silver* O 137 1.50 1.34 1.43 + 0.05 1.54 0.26
Minera Alamos V 498 0.28 0.23 0.25 - 0.01 0.29 0.07
Mineral Mtn* O 146 0.38 0.30 0.34 + 0.06 0.38 0.04
Mineral Mtn V 206 0.49 0.38 0.44 + 0.04 0.49 0.08
Mines Manage* X 575 1.49 1.36 1.47 + 0.07 1.49 0.11
Mines Manage T 15 1.93 1.82 1.91 + 0.09 1.98 0.17
Miranda Gold V 525 0.14 0.13 0.13 - 0.01 0.18 0.06
Mirasol Res V 525 3.38 2.82 3.00 + 0.07 3.38 0.72
Molycorp* O 2284 0.03 0.03 0.03 - 0.01 0.15 0.02
Monarques Res* O 98 0.46 0.36 0.39 - 0.00 0.48 0.04
Monarques Res V 1665 0.58 0.49 0.50 - 0.05 0.66 0.06
Moneta Porcpn* O 916 0.28 0.24 0.27 + 0.03 0.28 0.06
Moneta Porcpn T 2990 0.36 0.31 0.36 + 0.04 0.35 0.07
Monster Mng V 353 0.26 0.11 0.25 + 0.12 0.30 0.05
Monster Mng* O 60 0.20 0.09 0.20 + 0.09 0.20 0.04
Montan Mg V 3461 0.10 0.07 0.08 + 0.01 0.13 0.02
Montego Res 108 0.13 0.08 0.13 + 0.05 0.15 0.08
Montero Mg&Ex V 203 0.04 0.03 0.03 - 0.01 0.08 0.01
Monument Mng V 900 0.15 0.14 0.15 + 0.01 0.19 0.08
Mosaic* N 33755 28.06 25.98 27.27 + 0.27 45.36 22.02
Mountain Prov T 1813 6.70 5.85 6.28 - 0.19 6.70 3.38
Mountain Prov* D 818 5.13 4.45
Mukuba Res V 78 0.01 0.00
4.78 - 0.16 5.13
0.01 + 0.01 0.02
2.47
0.01
Mundoro Cap* O 115 0.10 0.08 0.10 + 0.01 0.13 0.03
Mundoro Cap V 861 0.15 0.11 0.13 + 0.01 0.18 0.04
Mustang Mnrls V 449 0.02 0.01 0.02 + 0.01 0.02 0.01
MX Gold* O 403 0.21 0.17 0.18 - 0.01 0.23 0.07
MX Gold V 8131 0.26 0.23 0.25 + 0.02 0.29 0.10
N-O
NACCO Ind* N 135 61.05 53.51 60.52 + 4.25 61.29 40.04
Napier Vent V 26 0.30 0.26 0.26 - 0.03 0.34 0.15
Napier Vent* O 41 0.23 0.23 0.23 + 0.00 0.26 0.19
Natan Res V 160 0.40 0.28 0.36 + 0.05 0.40 0.05
Natural Res Pt* N 597 28.84 23.92 27.47 + 3.09 34.80 5.00
Nautilus Mnrls T 580 0.16 0.15 0.16 + 0.01 0.41 0.10
Nautilus Mnrls* O 565 0.12 0.11 0.12 - 0.00 0.32 0.08
Nemaska Lith* O 220 0.96 0.84 0.89 - 0.01 1.50 0.15
Nevada Copper T 274 0.69 0.58 0.66 + 0.07 1.34 0.45
Nevada Egy Mtl* O 1289 0.11 0.08 0.10 + 0.01 0.20 0.06
Nevada Egy Mtl V 1641 0.14 0.11 0.13 + 0.02 0.26 0.01
Nevada Expl * O 267 0.42 0.32 0.37 + 0.02 0.61 0.08
Nevada Expl V 664 0.55 0.43 0.48 + 0.03 0.94 0.05
Nevada Sunrise* O 294 0.23 0.18 0.22 + 0.02 0.28 0.09
Nevada Sunrise V 1020 0.30 0.25 0.29 + 0.03 0.37 0.13
Nevada Zinc V 798 0.50 0.36 0.47 + 0.11 0.45 0.19
Nevado Res V 1299 0.08 0.06 0.08 + 0.01 0.08 0.01
Nevsun Res* X 7931 3.56 3.21 3.22 - 0.10 3.80 2.27
Nevsun Res T 4043 4.54 4.14 4.25 - 0.07 4.81 3.27
New Carolin Gd V 2039 0.10 0.09 0.10 + 0.01 0.15 0.04
New Carolin Gd* O 169 0.08 0.06 0.08 + 0.01 0.12 0.03
New Destiny Mg V 1021 0.02 0.01 0.02 - 0.15 0.32 0.08
New Dimen Res V 263 0.16 0.13 0.16 + 0.04 0.19 0.04
New Gold* X 30909 5.85 5.20 5.58 + 0.38 5.85 1.76
New Gold T 11284 7.62 6.49 7.33 + 0.55 7.62 2.52
New Gold* O 756 0.17 0.08 0.16 + 0.08 0.28 0.03
New Jersey Mng* O 1492 0.15 0.12 0.13 + 0.01 0.15 0.02
New Milln Iron* O 583 0.09 0.08 0.08 - 0.02 0.11 0.03
THE NORTHERN MINER / AUGUST 15–21, 2016
(100s) Week 12-month
Stock Exc Volume High Low Last Change High Low
New Milln Iron T 1229 0.11 0.10 0.10 - 0.01 0.18 0.05
New Nadina V 26 0.13 0.00 0.10 - 0.01 0.18 0.05
New Oroperu V 31 0.44 0.00 0.44 + 0.08 0.52 0.09
New World Res V 18 0.11 0.00 0.11 + 0.03 0.11 0.01
NewCastle Gold* O 354 0.70 0.65 0.67 + 0.02 0.70 0.14
Newlox Gold 251 0.05 0.03 0.05 + 0.03 0.05 0.02
Newmarket Gold T 3690 4.71 4.06 4.31 - 0.02 4.71 1.00
Newmarket Gold* O 1654 3.64 3.28 3.28 - 0.06 3.64 0.77
Newmont Mng* N 35563 45.91 42.95 44.43 + 0.43 45.91 15.39
Newport Expl V 136 0.21 0.19 0.21 + 0.01 0.38 0.19
Nexgen Energy* O 66 1.81 1.70 1.76 - 0.02 2.25 0.41
Nexgen Energy T 1416 2.35 2.25 2.35 + 0.03 2.86 0.56
Next Gen Mtls 635 0.16 0.11 0.15 + 0.05 0.18 0.01
Next Gen Mtls* O 13 0.12 0.07 0.12 + 0.04 0.14 0.07
Nexus Gold V 6695 0.10 0.05 0.09 + 0.04 0.14 0.04
NGEx Res* O 7 0.89 0.88 0.88 - 0.01 1.00 0.37
NGEx Res T 317 1.20 1.09 1.20 + 0.05 1.35 0.44
Nickel One Res V 238 0.09 0.07 0.09 + 0.01 0.18 0.07
Nicola Mg Inc V 4576 0.21 0.17 0.20 + 0.03 0.21 0.05
Nicola Mg Inc* O 36 0.15 0.13 0.14 + 0.01 0.15 0.03
Nighthawk Gold V 1845 0.38 0.33 0.38 + 0.04 0.40 0.04
Niocorp Dev T 229 0.99 0.95 0.99 + 0.01 1.14 0.51
Niocorp Dev* O 376 0.77 0.72 0.76 + 0.00 0.87 0.37
Nippon Dragon V 895 0.11 0.09 0.10 + 0.01 0.15 0.03
Noble Mnl Expl V 653 0.02 0.02 0.02 + 0.01 0.03 0.01
Noka Res* O 13 0.09 0.08 0.09 + 0.00 0.15 0.02
Noka Res V 971 0.11 0.09 0.10 - 0.01 0.21 0.03
Noranda Alum* O 181 0.07 0.04 0.04 - 0.01 4.82 0.02
Noront Res V 591 0.35 0.33 0.34 + 0.01 0.51 0.28
Nortec Mnls V 433 0.06 0.05 0.06 + 0.01 0.08 0.02
North Am Nickl* O 31 0.08 0.06 0.06 - 0.01 0.18 0.05
North Am Nickl V 753 0.10 0.08 0.08 - 0.02 0.23 0.07
North Am Pall T 38 5.90 5.20 5.77 + 0.37 8.00 3.85
North Am Pall* O 19 4.50 3.95 4.40 + 0.31 8.00 2.71
North Am Ptash V 56 0.10 0.08 0.08 - 0.01 0.15 0.03
North Arrow Mn* O 2 0.15 0.15 0.15 - 0.01 0.28 0.11
North Arrow Mn V 86 0.21 0.18 0.21 + 0.03 0.46 0.12
North Springs* O 1059 0.05 0.04 0.05 - 0.01 40.00 0.02
Northcliff Res T 363 0.12 0.00 0.12 + 0.01 0.15 0.06
Northisle C&G V 1319 0.12 0.10 0.12 + 0.01 0.14 0.02
Northn Empire V 948 0.23 0.20 0.22 - 0.01 0.27 0.06
Norvista Cap V 278 0.21 0.19 0.21 + 0.01 0.24 0.08
Nouveau Monde V 428 0.30 0.28 0.30 + 0.02 0.38 0.13
NovaCopper* X 399 0.57 0.53 0.55 - 0.02 0.86 0.15
NovaCopper T 33 0.76 0.00 0.72 - 0.03 1.08 0.20
NovaGold Res* X 11990 7.27 6.70 6.77 - 0.19 7.29 2.94
NovaGold Res T 1531 9.49 8.81 8.90 - 0.18 9.56 3.90
Novo Res V 364 0.99 0.85 0.85 - 0.04 1.30 0.48
Novo Res* O 173 0.76 0.65 0.65 - 0.04 1.00 0.35
NQ Explor V 395 0.02 0.02 0.02 - 0.01 0.02 0.01
NRG Metals V 606 0.12 0.10 0.10 - 0.01 0.18 0.02
NRG Metals* O 35 0.09 0.08 0.08 - 0.01 0.11 0.01
Nrthn Freegold V 324 0.28 0.22 0.25 - 0.02 0.29 0.04
Nrthn Freegold* O 90 0.20 0.18 0.20 - 0.01 0.23 0.02
Nrthn Graphite* O 77 0.31 0.28 0.30 + 0.01 0.47 0.12
Nrthn Iron V 9302 0.06 0.03 0.04 - 0.01 0.06 0.01
Nrthn Lion V 26 0.14 0.09 0.13 + 0.04 0.16 0.03
Nrthn Shield V 2013 0.20 0.17 0.19 + 0.01 0.26 0.01
Nrthn Superior V 2022 0.04 0.03 0.03 + 0.01 0.04 0.01
Nrthn Vertex V 758 0.52 0.38 0.47 + 0.04 0.50 0.13
NSGold V 17 0.12 0.08 0.12 + 0.04 0.12 0.03
Nthn Dynasty* X 11511 0.70 0.55 0.70 + 0.15 0.70 0.20
Nthn Dynasty T 7614 0.93 0.67 0.93 + 0.23 0.90 0.28
NuLegacy Gold*
NuLegacy Gold
O 772
V 1423
0.24 0.21
0.30 0.27
0.23 + 0.01 0.32
0.30 + 0.01 0.39
0.06
0.08
Nunavik Nickel V 7 0.12 0.00 0.12 - 0.03 0.27 0.03
NV Gold* O 34 0.15 0.09 0.15 + 0.06 0.15 0.08
NV Gold V 545 0.40 0.10 0.21 + 0.12 0.40 0.03
NX Uranium* O 78 0.02 0.01 0.02 - 0.00 0.04 0.01
O.T. Mining* O 35 0.05 0.04 0.05 + 0.00 0.09 0.02
OceanaGold T 9853 4.89 4.45 4.46 - 0.26 5.56 1.79
OceanaGold* O 39 3.76 3.47 3.52 - 0.08 4.26 1.43
Oceanic Iron O V 161 0.20 0.17 0.18 - 0.03 0.25 0.08
Oceanus Res V 288 0.28 0.22 0.26 + 0.01 0.35 0.14
Odin Mng & Exp V 696 0.97 0.82 0.86 + 0.04 0.97 0.23
Odin Mng & Exp* O 25 0.74 0.65 0.65 + 0.02 0.74 0.19
Olivut Res* O 56 0.24 0.21 0.23 + 0.02 0.30 0.05
Olivut Res V 54 0.32 0.27 0.31 + 0.01 0.42 0.08
Opawica Expl V 320 0.16 0.13 0.13 + 0.01 0.16 0.02
Orbite Tech T 5868 0.44 0.34 0.38 - 0.05 0.53 0.20
Orbite Tech* O 69 0.32 0.26 0.30 - 0.03 0.40 0.15
Orca Gold V 235 0.40 0.36 0.37 - 0.02 0.45 0.12
Orca Gold* O 18 0.32 0.26 0.29 + 0.00 0.34 0.08
Oremex Silver V 582 0.07 0.05 0.05 - 0.01 0.10 0.01
Oremex Silver* O 384 0.08 0.04 0.05 + 0.01 0.10 0.00
Orestone Mng V 785 0.03 0.02 0.02 - 0.01 0.04 0.01
Orex Mnrls* O 449 0.80 0.64 0.80 + 0.17 0.71 0.05
Orex Mnrls V 1256 1.06 0.80 1.06 + 0.24 0.93 0.11
Orezone Gold V 1296 1.28 1.02 1.10 - 0.07 1.28 0.22
Orezone Gold* O 217 0.99 0.77 0.84 - 0.04 0.99 0.16
Organic Potash 87 0.02 0.01 0.01 - 0.01 0.09 0.01
Oriental Non F 18 0.63 0.52 0.62 + 0.08 0.60 0.27
Orla Mng Ltd V 215 0.85 0.68 0.68 - 0.15 0.90 0.08
Oro East Mg* O 468 0.02 0.01 0.02 + 0.01 0.06 0.00
Oroco Res V 1242 0.06 0.04 0.06 + 0.01 0.06 0.01
Oroco Res* O 67 0.05 0.02 0.04 + 0.02 0.05 0.01
Orocobre T 336 4.50 4.04 4.49 + 0.40 4.92 1.33
Oroplata Res* O 3519 1.41 1.03 1.08 - 0.08 2.04 0.25
Orosur Mng T 520 0.33 0.28 0.31 + 0.01 0.33 0.10
Orvana Mnrls T 1164 0.32 0.26 0.31 + 0.03 0.32 0.11
Orvana Mnrls* O 19 0.24 0.22 0.23 + 0.02 0.24 0.07
Osisko Gold* N 741 14.74 13.14 13.21 - 0.07 14.74 8.88
Osisko Gold T 1926 18.64 17.26 17.37 + 0.03 18.64 12.58
Osisko Mng Inc T 1045 2.50 2.25 2.29 - 0.18 2.72 0.96
Otis Gold* O 631 0.30 0.18 0.23 + 0.05 0.30 0.05
Otis Gold V 2122 0.39 0.22 0.31 + 0.08 0.39 0.07
P-Q
Pac Bay Mnrls V 12 0.06 0.00 0.05 - 0.01 0.10 0.03
Pac Booker Min* O 3 0.81 0.81 0.81 - 0.01 1.93 0.45
Pac Booker Min V 9 1.10 1.00 1.01 - 0.08 2.50 0.63
Pac Imperial V 340 0.04 0.03 0.04 + 0.01 0.05 0.01
Pac Iron Ore V 6 0.16 0.15 0.15 - 0.01 0.39 0.11
Pac North West* O 134 0.04 0.03 0.03 - 0.00 0.06 0.00
Pac Potash V 84 0.06 0.05 0.05 - 0.01 0.07 0.03
Pac Ridge Expl* O 23 0.06 0.06 0.06 + 0.00 0.07 0.01
Pac Ridge Expl V 88 0.08 0.07 0.08 - 0.01 0.10 0.02
Pac Topaz V 239 0.28 0.23 0.27 - 0.01 0.29 0.07
Paladin Energy T 2255 0.20 0.18 0.18 - 0.02 0.27 0.15
Palamina Corp V 37 0.18 0.17 0.17 - 0.01 0.20 0.06
Palamina Corp* O 1 0.11 0.00 0.11 - 0.02 0.15 0.08
Pan Am Silver* D 10750 20.31 18.89 19.22 - 0.28 20.31 5.38
Pan Am Silver T 1787 26.50 24.78 25.29 - 0.19 26.50 7.77
Pan Global Res V 301 0.05 0.04 0.05 + 0.01 0.05 0.01
Pancontinental V 319 0.06 0.04 0.06 + 0.02 0.06 0.01
Pancontinental* O 294 0.03 0.03 0.03 - 0.00 0.04 0.00
Panex Res* O 46 0.00 0.00 0.00 + 0.00 0.01 0.00
Pangolin Dia V 1526 0.15 0.12 0.14 + 0.02 0.22 0.03
PanTerra Gold* O 0 0.09 0.00 0.09 + 0.03 0.09 0.04
Pantheon Vent V 753 0.27 0.10 0.26 + 0.06 0.26 0.10
Para Resources V 735 0.25 0.21 0.21 - 0.03 0.36 0.06
Parallel Mng V 216 0.16 0.13 0.14 - 0.03 0.16 0.05
Paramount Gold* X 980 2.35 2.04 2.25 + 0.14 2.93 0.93
Parlane Res V 23 0.17 0.00 0.14 - 0.04 0.21 0.01
Patriot Gold* O 132 0.20 0.18 0.18 - 0.01 0.23 0.03
Peabody Enrgy* O 741 1.63 1.40 1.44 - 0.17 41.10 0.55
Peat Res V 135 0.05 0.04 0.05 + 0.01 0.07 0.01
Pelangio Expl V 607 0.07 0.05 0.06 - 0.01 0.08 0.01
Pelangio Expl* O 219 0.05 0.05 0.05 + 0.01 0.06 0.01
Pele Mtn Res* O 79 0.03 0.02 0.03 - 0.00 0.04 0.02
Peregrine Diam T 1652 0.25 0.22 0.23 - 0.03 0.32 0.09
Perseus Mng T 999 0.66 0.59 0.59 - 0.04 0.67 0.27
Pershimco Res V 728 0.25 0.22 0.23 - 0.01 0.25 0.09
Pershing Gold* D 709 4.75 4.15 4.19 - 0.53 5.50 3.04
Pershing Res* O 410 0.05 0.03 0.04 + 0.01 0.06 0.02
Peruvian Prc M* O 313 0.07 0.05 0.06 - 0.00 0.10 0.02
Petra Diamonds* O 6 1.57 1.54 1.57 + 0.03 2.41 0.86
Philippine Mtl V 31 0.18 0.00 0.07 + 0.01 0.18 0.01
Pilot Gold* O 836 0.62 0.55 0.57 - 0.00 0.64 0.06
Pilot Gold T 1854 0.81 0.71 0.76 + 0.02 0.83 0.22
Pine Cliff En* O 111 0.75 0.65 0.75 + 0.05 0.95 0.51
Pine Cliff En T 6958 1.02 0.83 0.99 + 0.12 1.36 0.61
Pinecrest Res V 54 0.30 0.24 0.29 + 0.05 0.30 0.03
Pistol Bay Mng V 4519 0.14 0.07 0.11 + 0.01 0.14 0.01
PJSC Polyus Gd* O 3 36.00 34.75 36.00 + 1.00 37.59 13.90
PJX Res V 206 0.19 0.15 0.19 + 0.03 0.23 0.13
Plateau Uran* O 231 0.20 0.18 0.18 - 0.01 0.35 0.18
Platinum Gp Mt* X 1479 3.56 3.12 3.18 - 0.12 4.04 0.96
Platinum Gp Mt T 352 4.63 4.12 4.15 - 0.13 5.25 1.35
Plato Gold V 131 0.02 0.00 0.02 + 0.01 0.03 0.01
9
(100s) Week 12-month
Stock Exc Volume High Low Last Change High Low
Polaris Mater T 95 1.49 1.29 1.38 - 0.01 2.25 1.00
PolyMet Mng* X 770 0.82 0.73 0.82 + 0.07 1.28 0.55
PolyMet Mng T 118 1.07 0.95 1.06 + 0.08 1.71 0.76
Portage Res* O 3387 0.00 0.00 0.00 - 0.00 0.01 0.00
Portofino Res V 23 0.08 0.07 0.08 + 0.01 0.08 0.06
Potash Corp SK* N 54807 16.15 15.24 16.01 + 0.41 27.39 14.64
Potash Corp SK T 20425 21.11 19.93 21.08 + 0.73 36.10 19.93
Potash Ridge T 5723 0.32 0.24 0.29 + 0.04 0.50 0.03
Potash Ridge* O 464 0.24 0.18 0.21 + 0.04 0.38 0.02
Precipitate Gl V 1531 0.35 0.28 0.33 + 0.02 0.37 0.06
Premier Gold M T 4950 5.05 4.72 4.78 - 0.18 5.05 1.99
Pretium Res* N 3823 12.19 11.32 11.57 - 0.31 12.41 4.00
Pretium Res T 2080 15.87 14.95 15.22 - 0.29 16.17 5.74
Prime Meridian V 118 0.15 0.12 0.12 - 0.03 0.18 0.05
Primero Mng T 6916 3.06 2.25 2.29 - 0.68 4.41 1.94
Primero Mng* N 10852 2.41 1.70 1.75 - 0.54 3.38 1.41
Prism Res V 39 0.23 0.00 0.22 + 0.12 0.23 0.04
Prize Mng V 8 0.04 0.00 0.04 + 0.01 0.04 0.02
Probe Metals* O 127 0.85 0.82 0.83 + 0.01 0.95 0.24
Probe Metals V 270 1.12 1.06 1.08 + 0.01 1.26 0.34
Prophecy Coal T 18 4.49 3.65 3.80 - 0.39 6.00 1.00
Prophecy Coal* O 6 3.25 0.00 3.03 - 0.19 4.05 1.25
Prosper Gold V 542 0.32 0.26 0.30 + 0.01 0.39 0.06
Prospero Silvr V 37 0.24 0.22 0.24 + 0.02 0.24 0.05
PUF Vent Inc 1553 0.10 0.05 0.09 + 0.04 0.20 0.04
PUF Vent Inc * O 36 0.07 0.05 0.07 + 0.02 0.16 0.03
Puma Expl V 235 0.07 0.06 0.06 - 0.01 0.12 0.03
Pure Energy* O 2171 0.72 0.66 0.69 + 0.03 0.91 0.27
Pure Energy V 2517 0.93 0.83 0.89 + 0.03 1.15 0.36
Pure Gold Mg* O 174 0.57 0.48 0.55 + 0.01 0.60 0.05
Pure Gold Mg V 2668 0.74 0.63 0.72 + 0.01 0.76 0.07
Pure Nickel* O 50 0.02 0.02 0.02 + 0.01 0.03 0.00
Purepoint Uran V 1040 0.08 0.07 0.08 - 0.01 0.13 0.02
Q-Gold Res V 489 0.08 0.05 0.05 - 0.03 0.14 0.01
QMC Quantum Ml V 117 0.06 0.05 0.05 - 0.01 0.08 0.01
QMX Gold* O 59 0.06 0.06 0.06 + 0.01 0.08 0.01
Quartz Mtn Res V 13 0.04 0.04 0.04 - 0.01 0.06 0.01
Quaterra Res V 746 0.10 0.08 0.08 - 0.01 0.12 0.05
Quaterra Res* O 154 0.07 0.05 0.06 - 0.00 0.09 0.04
Quest Rare Mnl* O
Quest Rare Mnl T
32
365
0.11 0.00 0.11 + 0.01 0.20 0.03
0.14 0.13 0.14 + 0.01 0.25 0.06
Quinto Real V 103 0.20 0.00 0.20 + 0.05 0.20 0.01
R
Rackla Mtls* O 5 0.12 0.10 0.11 + 0.00 0.12 0.03
Radisson Mng V 130 0.17 0.15 0.16 - 0.01 0.17 0.09
Rainforest Res* O 55 3.65 1.00 3.30 + 0.90 3.65 0.30
Rainy Mtn Royl* O 1 0.03 0.03 0.03 - 0.00 0.04 0.02
Rainy Mtn Royl V 19 0.05 0.00 0.05 - 0.01 0.08 0.03
Rambler Ml &Mg V 1476 0.09 0.07 0.07 - 0.01 0.25 0.05
Randgold Res* D 5611 120.72 109.00 109.49 - 8.12 126.55 54.88
Raptor Res* O 90 0.00 0.00 0.00 - 0.00 0.00 0.00
Rare Earth Mnl* O 1 5.53 4.76 5.16 + 0.36 5.75 2.75
Rare Element* O 229 0.10 0.09 0.10 - 0.00 0.44 0.06
Red Eagle Mng V 1836 0.86 0.78 0.81 - 0.03 0.90 0.25
Red Eagle Mng* O 339 0.67 0.61 0.62 - 0.03 0.91 0.18
Red Hut V 79 0.19 0.15 0.15 - 0.04 0.29 0.01
Red Moon Potsh V 14 0.07 0.00 0.05 - 0.01 0.09 0.02
Red Pine Expl V 613 0.24 0.20 0.20 - 0.03 0.24 0.03
Red Tiger Mng V 94 0.10 0.07 0.07 - 0.04 0.10 0.02
Redhawk Res T 78 0.08 0.06 0.07 + 0.01 0.10 0.04
Redstar Gold V 2828 0.15 0.11 0.13 + 0.02 0.15 0.03
Redzone Res V 58 0.32 0.00 0.32 + 0.20 0.32 0.06
Regency Gold V 107 0.03 0.00 0.03 - 0.01 0.05 0.01
Regulus Res V 516 1.39 1.31 1.37 + 0.02 1.44 0.19
Renaissance Gd* O 216 0.37 0.32 0.37 + 0.04 0.38 0.08
Renaissance Gd V 279 0.49 0.42 0.49 + 0.07 0.49 0.11
Renforth Res 1346 0.03 0.02 0.02 - 0.01 0.05 0.01
Resolve Vent V 31 0.13 0.12 0.12 - 0.01 0.30 0.04
Resource Cap V 79 0.26 0.21 0.21 - 0.05 0.35 0.02
Resource Cap* O 17 0.19 0.17 0.19 + 0.01 0.21 0.02
Reunion Gold V 570 0.05 0.03 0.04 + 0.01 0.05 0.01
Revelo Res V 415 0.09 0.08 0.09 - 0.01 0.11 0.04
Revolver Res V 83 0.19 0.17 0.17 - 0.02 0.27 0.07
Richmont Mines* X 1806 11.48 10.34 10.57 - 0.55 11.48 2.41
Richmont Mines T 1315 14.99 13.65 13.92 - 0.61 14.99 3.19
Rio Novo Gold* O 40 0.22 0.15 0.22 + 0.05 0.23 0.06
Rio Novo Gold T 133 0.28 0.22 0.28 + 0.04 0.30 0.07
Rio Silver V 278 0.11 0.09 0.11 + 0.02 0.10 0.02
Rio Tinto* N 19831 33.24 31.77 32.74 - 0.08 41.69 21.89
Rio Tinto* O 1 31.90 0.00 31.90 - 0.15 40.80 21.90
Rise Res Inc 141 0.20 0.16 0.20 + 0.04 0.23 0.11
Riverside Res* O 210 0.36 0.32 0.33 - 0.01 0.38 0.08
Riverside Res V 440 0.47 0.42 0.43 - 0.01 0.49 0.12
RJK Explor V 308 0.24 0.17 0.17 - 0.03 0.25 0.05
Rochester Res* O 5 0.07 0.07 0.07 + 0.00 0.09 0.01
Rochester Res V 23 0.10 0.09 0.10 + 0.01 0.11 0.03
Rock Tech Lith* O 4 0.49 0.43 0.47 + 0.04 0.53 0.02
Rock Tech Lith V 106 0.65 0.52 0.62 + 0.09 0.70 0.03
Rockcliff Cop V 712 0.09 0.07 0.07 + 0.01 0.10 0.02
Rockex Mng 21 0.07 0.00 0.07 + 0.01 0.75 0.02
Rockhaven Res V 428 0.29 0.26 0.27 + 0.01 0.29 0.10
Rockland Mnls V 59 0.09 0.07 0.07 - 0.02 0.11 0.01
Rockshield Cap 73 0.06 0.05 0.05 - 0.02 0.11 0.05
Rockwell Diam* O 80 0.08 0.07 0.07 - 0.01 0.19 0.05
Rockwell Diam T 358 0.11 0.09 0.10 - 0.01 0.25 0.07
Rodinia Lithm* O 97 0.01 0.00 0.01 + 0.00 0.03 0.00
Rojo Res V 31 0.13 0.11 0.13 + 0.02 0.15 0.04
Rokmaster Res V 442 0.04 0.03 0.03 - 0.01 0.05 0.01
Romios Gold Rs V 251 0.09 0.08 0.08 + 0.01 0.10 0.02
Romios Gold Rs* O 24 0.07 0.06 0.06 - 0.01 0.08 0.01
RosCan Mrnls V 101 0.01 0.00 0.01 - 0.01 0.02 0.01
Rosita Mg Corp V 1443 0.12 0.10 0.12 + 0.01 0.14 0.01
Rosita Mg Corp* O 106 0.08 0.07 0.08 + 0.00 0.10 0.01
Ross River V 3171 0.02 0.01 0.01 - 0.01 0.03 0.01
Rouge Res V 1378 0.70 0.46 0.67 + 0.20 0.70 0.03
Roughrider Exp V 63 0.11 0.10 0.10 - 0.01 0.15 0.05
Roxgold* O 56 1.34 1.21 1.23 - 0.05 1.34 0.42
Roxgold V 2012 1.73 1.59 1.62 - 0.08 1.73 0.54
Royal Gold* D 3314 87.74 82.30 83.44 - 1.10 87.74 24.68
Royal Nickel T 2067 0.42 0.38 0.40 - 0.02 0.63 0.12
Royal Nickel* O 36 0.31 0.29 0.30 - 0.01 0.50 0.10
Royal Rd Mnrls V 461 0.14 0.11 0.13 + 0.02 0.18 0.04
RTG Mining T 6 0.62 0.00 0.62 + 0.04 0.70 0.33
Rubicon Mnrls* O 2800 0.06 0.04 0.05 - 0.01 0.99 0.01
Rubicon Mnrls T 5673 0.09 0.06 0.06 - 0.01 1.29 0.02
Running Fox Rs V 86 0.03 0.03 0.03 + 0.01 0.03 0.01
Rupert Res V 162 0.91 0.83 0.84 + 0.01 0.90 0.02
Rusoro Mng* O 106 0.11 0.09 0.10 + 0.01 0.13 0.02
Rusoro Mng V 613 0.14 0.12 0.13 + 0.01 0.19 0.03
Rye Patch Gold* O 877 0.32 0.26 0.27 - 0.04 0.37 0.08
Rye Patch Gold V 2178 0.41 0.34 0.35 - 0.04 0.47 0.11
S
Sabina Gd&Slvr T 3048 1.33 1.16 1.18 - 0.07 1.87 0.32
Sabina Gd&Slvr* O 1260 1.03 0.88 0.90 - 0.07 1.55 0.24
Sage Gold V 522 0.11 0.09 0.09 - 0.01 0.11 0.03
Sage Gold* O 43 0.08 0.06 0.06 - 0.01 0.08 0.03
Salazar Res* O 6 0.09 0.00 0.09 + 0.01 0.11 0.03
Salazar Res V 369 0.14 0.12 0.13 + 0.01 0.16 0.03
Sama Res V 110 0.11 0.10 0.10 + 0.01 0.20 0.07
Samex Mng* O 144 0.00 0.00 0.00 + 0.00 0.00 0.00
San Marco Res* O 9 0.16 0.13 0.16 + 0.03 0.16 0.01
San Marco Res V 230 0.22 0.18 0.19 - 0.02 0.23 0.02
Sanatana Diam V 594 0.03 0.02 0.03 + 0.01 0.04 0.01
Sandspring Res* O 766 0.72 0.61 0.65 + 0.01 0.72 0.08
Sandstorm Gold* X 7658 6.09 5.58 5.77 + 0.09 6.09 1.94
Sandstorm Gold T 2674 7.92 7.13 7.60 + 0.19 7.92 2.82
Santa Fe Gold* O 1104 0.07 0.05 0.05 - 0.02 0.07 0.00
Santacruz Silv V 2422 0.48 0.42 0.43 - 0.03 0.63 0.09
Sarama Res V 1561 0.55 0.37 0.40 - 0.10 0.55 0.05
Satori Res V 87 0.16 0.13 0.16 + 0.01 0.18 0.02
Satori Res* O 33 0.12 0.11 0.12 + 0.01 0.13 0.02
Saturn Mnrls V 1130 0.13 0.11 0.11 - 0.02 0.22 0.08
Savary Gold V 1811 0.13 0.12 0.13 + 0.01 0.15 0.02
Savary Gold* O 786 0.10 0.09 0.10 - 0.00 0.12 0.06
Scandium Int M* O 871 0.12 0.10 0.12 + 0.00 0.17 0.06
Scientific Mts V 5733 0.10 0.09 0.10 + 0.01 0.10 0.07
Scorpio Gold V 1439 0.10 0.08 0.10 + 0.02 0.11 0.05
ScoZinc Mg V 2 0.90 0.00 0.90 - 0.05 1.25 0.40
Seabridge Gld* N 3246 13.78 12.94 13.23 - 0.01 15.88 3.62
Seabridge Gld T 411 17.96 16.77 17.40 + 0.13 20.71 4.78
Search Mnls V 138 0.08 0.07 0.08 - 0.01 0.11 0.04
Searchlight* O 273 0.07 0.05 0.07 - 0.00 0.42 0.01
Secova Mtls V 1691 0.06 0.06 0.06 + 0.01 0.10 0.03
Sego Res V 592 0.04 0.03 0.04 + 0.01 0.05 0.01
Select Sands V 538 0.25 0.22 0.23 - 0.02 0.49 0.20
Semafo T 7738 7.46 6.69 6.88 - 0.15 7.46 2.51
Senator Mnrls V 51 0.66 0.52 0.58 - 0.03 0.66 0.04
Sennen Potash V 37 0.11 0.10 0.10 - 0.01 0.28 0.09
Serengeti Res V 1068 0.16 0.14 0.14 - 0.01 0.16 0.02
2016-08-09 11:52 AM
 10 AUGUST 15–21, 2016 / THE NORTHERN MINER WWW.NORTHERNMINER.COM

S T O C K TA B L E S
(100s) Week 12-month (100s) Week 12-month (100s) Week 12-month (100s) Week 12-month
Stock Exc Volume High Low Last Change High Low Stock Exc Volume High Low Last Change High Low Stock Exc Volume High Low Last Change High Low Stock Exc Volume High Low Last Change High Low

Sherritt Intl T 3089 0.89 0.78 0.82 - 0.04 1.38 0.53
Shore Gold T 846 0.21 0.20 0.20 - 0.01 0.25 0.13
Sibanye Gold* N 6005 20.64 18.77 19.94 + 1.29 20.64 4.07
Sibanye Gold* O 5 4.80 4.80 4.80 + 0.32 4.80 1.50
Sidney Resrces* O 140 0.01 0.01 0.01 + 0.00 0.02 0.00
Sienna Res* O 62 0.17 0.14 0.16 + 0.03 0.19 0.01
Sienna Res V 3983 0.23 0.20 0.22 + 0.02 0.25 0.01
Sierra Iron Or V 62 0.35 0.28 0.35 + 0.05 0.50 0.22
Sierra Metals* O 5 1.26 1.16 1.23 + 0.07 1.40 0.69
Sierra Metals T 79 1.70 1.51 1.70 + 0.15 1.80 0.84
Signal Expl V 124 0.17 0.09 0.17 + 0.08 0.30 0.01
Silver Bear Rs T 1799 0.39 0.29 0.35 + 0.06 0.35 0.02
Silver Bull Re* O 3053 0.21 0.16 0.20 + 0.04 0.21 0.02
Silver Bull Re T 2074 0.28 0.21 0.26 + 0.04 0.28 0.04
Silver Dragon* O 243 0.03 0.02 0.03 - 0.00 0.05 0.01
Silver Grail V 191 0.16 0.11 0.11 - 0.03 0.16 0.02
Silver Mtn Mns V 710 0.04 0.00 0.04 + 0.01 0.05 0.01
Silver Predatr V 176 0.06 0.05 0.06 - 0.01 0.09 0.01
Silver Range V 612 0.22 0.19 0.19 - 0.02 0.24 0.02
Silver Shield 114 0.08 0.06 0.08 + 0.01 0.17 0.01
Silver Spruce V 304 0.09 0.07 0.08 - 0.01 0.10 0.04
Silver Spruce* O 64 0.06 0.05 0.05 + 0.00 0.08 0.02
Silver Std Res T 4645 18.92 17.00 17.54 - 0.68 19.53 5.28
Silver Std Res* D 9383 14.53 12.91 13.34 - 0.60 14.93 3.66
Silver Wheaton T 9194 38.65 35.62 37.93 + 1.48 38.65 14.51
Silver Wheaton* N 29079 29.59 27.88 28.81 + 0.94 29.59 10.04
Silvercorp Met T 4155 4.34 3.81 4.09 + 0.22 4.34 0.60
Silvercorp Met* O 2294 3.32 2.93 3.12 + 0.16 3.32 0.41
SinoCoking Cl* D 133 0.41 0.34 0.38 - 0.03 1.11 0.26
Sirios Res V 5200 0.79 0.46 0.71 + 0.24 0.79 0.07
Sirios Res* O 125 0.58 0.35 0.52 + 0.16 0.58 0.07
Skeena Res* O 288 0.15 0.10 0.15 + 0.02 0.15 0.04
Skeena Res V 2485 0.20 0.15 0.19 + 0.03 0.20 0.06
Skyharbour Res V 703 0.42 0.32 0.40 + 0.03 0.42 0.08
Skyharbour Res* O 35 0.32 0.00 0.30 + 0.03 0.32 0.25
Slam Explor V 1001 0.09 0.07 0.09 + 0.01 0.14 0.01
Solitario Ex&R T 99 1.16 0.95 1.06 + 0.07 1.16 0.57
Solitario Ex&R* X 944 0.94 0.76 0.83 + 0.07 0.94 0.40
Sona Res V 751 0.10 0.00 0.10 + 0.02 0.10 0.01
Sona Res* O 16 0.07 0.05 0.05 - 0.02 0.07 0.00
Sonora Gld & S V 730 0.08 0.06 0.06 - 0.02 0.08 0.01
Sonoro Mtls V 253 0.12 0.11 0.12 + 0.01 0.13 0.04
Source Expl V 2430 0.05 0.03 0.04 + 0.02 0.05 0.01
Southern Arc V 124 0.75 0.69 0.75 + 0.01 1.00 0.24
Southern Arc* O 5 0.53 0.51 0.53 + 0.01 0.66 0.17
Southern Copp* N 6133 26.83 25.29 26.22 + 0.23 31.31 21.55
Southern Silvr* O 551 0.46 0.35 0.37 + 0.02 0.46 0.02
Southern Silvr V 3900 0.59 0.41 0.49 + 0.03 0.59 0.03
SouthGobi Res T 10 0.27 0.26 0.27 + 0.01 0.60 0.21
Spanish Mtn Gd* O 877 0.17 0.12 0.14 + 0.01 0.17 0.01
Spanish Mtn Gd V 3761 0.22 0.15 0.18 + 0.03 0.22 0.02
Sparton Res V 286 0.08 0.06 0.06 - 0.02 0.08 0.01
Sparton Res* O 100 0.05 0.04 0.04 - 0.00 0.06 0.00
Spearmint Res V 1506 0.03 0.03 0.03 - 0.01 0.06 0.01
Spruce Ridge R V 566 0.04 0.03 0.04 + 0.01 0.06 0.01
St Augustine T 231 0.13 0.12 0.13 + 0.01 0.14 0.07
St-Georges Plt* O 18 0.04 0.03 0.03 - 0.01 0.04 0.01
Stakeholdr Gld V 395 0.70 0.45 0.63 + 0.16 0.70 0.04
Stakeholdr Gld* O 41 0.54 0.33 0.50 + 0.17 0.54 0.05
Standard Graph V 446 0.07 0.07 0.07 + 0.01 0.13 0.01
Standard Graph* O 52 0.05 0.05 0.05 + 0.01 0.09 0.00
Standard Metal* O 440 0.12 0.08 0.12 - 0.02 0.90 0.01
Stans Energy* O 54 0.02 0.01 0.01 + 0.00 0.03 0.01
Star Gold* O 4 0.06 0.06 0.06 + 0.00 0.15 0.05
Starcore Intl T 340 0.83 0.71 0.75 - 0.04 0.91 0.25
Starr Peak Exp V 59 0.08 0.07 0.08 + 0.01 0.19 0.05
Starr Peak Exp* O 5 0.06 0.00 0.06 + 0.01 0.06 0.06
Stellar Africa V 1055 0.06 0.04 0.04 - 0.01 0.08 0.01
Sterling Grp* O 200 0.03 0.03 0.03 + 0.00 0.04 0.01
Stillwater Mg* N 9418 15.91 14.76 15.17 - 0.13 15.91 4.99
Stina Res 345 0.16 0.12 0.16 + 0.03 0.19 0.11
Stockport Expl* O 20 0.01 0.01 0.01 + 0.00 0.04 0.00
Stone Ridge Ex 9 0.15 0.08 0.15 + 0.05 0.15 0.08
Stonegate Agri T 107 0.02 0.02 0.02 + 0.01 0.04 0.01
Stonegate Agri*
O 22 0.01 0.01 0.01 + 0.00 0.03 0.00
Stornoway Diam T 3445 1.14 1.08 1.09 - 0.03 1.20 0.65
Stratabd Mnr V 703 0.02 0.01 0.01 - 0.01 0.02 0.01
Strategic Metl V 1000 0.81 0.63 0.79 + 0.16 0.81 0.24
Strategic Res V 1 0.20 0.00 0.20 + 0.05 0.20 0.08
Stratton Res V 231 0.66 0.60 0.65 + 0.05 0.66 0.07
Stria Lithium V 211 0.11 0.09 0.11 + 0.02 0.18 0.02
Strongbow Expl V 75 0.21 0.18 0.20 - 0.02 0.25 0.05
Sulliden Mng T 186 0.46 0.40 0.46 + 0.04 0.47 0.19
Sultan Mnrls V 303 0.15 0.12 0.13 - 0.02 0.20 0.05
Suncor Energy T 15481 35.19 33.76 35.03 - 0.11 40.35 27.32
Suncor Energy* N 16209 26.75 25.77 26.59 - 0.32 30.70 18.71
Sunridge Gold* O 391 0.03 0.02 0.02 - 0.00 0.29 0.01
Sunvest Mnrls V 126 0.16 0.00 0.16 + 0.06 0.55 0.01
Sutter Gold* O 50 0.05 0.04 0.05 + 0.00 0.13 0.02
Syrah Res* O 2 3.56 3.36 3.55 - 0.01 4.90 1.81
T TriStar Gold V 496
Tahoe Res* N 6921 15.99 15.10 15.30 - 0.26 16.84 6.48
Tahoe Res T 4396 20.84 19.71 20.16 - 0.11 22.05 9.45
Tajiri Res V 285 0.03 0.03 0.03 - 0.01 0.06 0.01
Takara Res V 149 0.09 0.08 0.09 + 0.01 0.10 0.02
Taku Gold 51 0.16 0.14 0.15 + 0.01 0.22 0.02
Talon Metals T 102 0.10 0.09 0.10 - 0.01 0.15 0.07
Tamino Mnrls* O 1151 0.00 0.00 0.00 + 0.00 0.01 0.00
Tango Mining V 2397 0.07 0.05 0.06 + 0.01 0.08 0.01
Tantalex Res 277 0.07 0.06 0.06 - 0.01 0.11 0.01
Tanzania Mnls V 1454 0.02 0.01 0.02 + 0.01 0.02 0.01
Tanzania Rlty T 527 1.95 1.24 1.62 - 0.11 1.95 0.24
Tanzania Rlty* X 3397 1.49 1.02 1.21 - 0.11 1.49 0.17
Taranis Res V 267 0.11 0.09 0.09 - 0.02 0.15 0.04
Tasca Res V 202 0.15 0.10 0.11 + 0.01 0.15 0.00
Taseko Mines* X 1237 0.62 0.50 0.53 - 0.04 0.70 0.23
Taseko Mines T 609 0.81 0.66 0.70 - 0.02 0.88 0.35
Tasman Metals* O 80 0.28 0.24 0.27 + 0.01 0.41 0.06
Tasman Metals V 87 0.38 0.31 0.36 + 0.03 0.54 0.09
Teck Res T 15 21.00 18.85 21.00 + 0.35 20.86 5.69
Teck Res* N 27258 15.94 14.81 15.90 - 0.03 15.97 2.56
Teck Res T 21604 20.97 19.44 20.93 + 0.12 20.81 3.65
Telson Res V 22 0.32 0.26 0.32 + 0.06 0.32 0.04
Telson Res * O 1 0.25 0.15 0.25 + 0.09 0.25 0.07
Tembo Gold* O 242 0.06 0.04 0.05 + 0.01 0.06 0.01
Tembo Gold V 653 0.07 0.04 0.06 + 0.01 0.07 0.01
Teras Res V 85 0.17 0.13 0.13 - 0.04 0.18 0.03
Terraco Gold V 2881 0.19 0.17 0.18 - 0.01 0.19 0.07
Terrax Mnrls* O 96 0.63 0.58 0.63 + 0.03 0.62 0.17
Terrax Mnrls V 1109 0.83 0.74 0.83 + 0.06 0.82 0.23
Teslin Rvr Res V 451 0.30 0.26 0.27 - 0.02 0.43 0.20
Teuton Res V 573 0.44 0.37 0.44 + 0.06 0.44 0.04
Teuton Res* O 100 0.34 0.28 0.31 + 0.02 0.34 0.03
Thompson Creek* O 2231 0.58 0.52 0.54 - 0.01 0.73 0.07
Thompson Creek T 4062 0.77 0.69 0.72 - 0.01 0.95 0.16
Thunder Mtn Gd* O 117 0.11 0.11 0.11 + 0.00 0.15 0.02
Thunder Mtn Gd V 29 0.16 0.11 0.11 - 0.05 0.23 0.07
Till Capital V 8 4.82 3.92 4.70 + 0.49 5.90 3.28
Till Capital* D 21 3.80 3.40 3.70 + 0.30 4.77 2.76
Timberline Res V 70 0.58 0.45 0.54 + 0.10 0.72 0.16
Timberline Res* O 168 0.42 0.33 0.41 + 0.05 0.55 0.08
Timmins Gold T 6658 0.75 0.66 0.69 + 0.02 0.75 0.11
Timmins Gold* X 12207 0.62 0.50 0.52 - 0.00 0.62 0.07
Tinka Res* O 263 0.19 0.17 0.17 - 0.00 0.22 0.07
Tinka Res V 1165 0.25 0.22 0.22 - 0.01 0.27 0.09
Tintina Res V 53 0.15 0.14 0.14 - 0.01 0.15 0.04
Tintina Res* O 129 0.12 0.11 0.11 + 0.03 0.12 0.03
Tirex Res* O 276 0.10 0.08 0.09 + 0.00 0.16 0.05
Tirex Res V 515 0.12 0.10 0.10 - 0.02 0.22 0.07
Titanium Corp V 344 0.88 0.64 0.73 + 0.05 1.54 0.31
TMAC Resource* O 61 12.53 11.97 12.34 + 0.09 13.63 9.26
TMAC Resources T 231 16.30 15.64 16.16 + 0.23 17.73 5.30
TNR Gold V 245 0.06 0.05 0.05 - 0.01 0.09 0.01
Toachi Mg Inc V 80 0.38 0.37 0.38 + 0.01 0.43 0.03
TomaGold V 3828 0.17 0.14 0.16 + 0.01 0.17 0.04
Tombstone Expl* O 1381 0.02 0.01 0.02 - 0.00 0.02 0.01
Tonogold Res* O 166 0.04 0.03 0.04 + 0.01 0.07 0.01
Torex Gold* O 83 21.18 19.70 20.11 - 0.69 21.18 7.97
Torex Gold T 2528 27.65 26.00 26.51 - 0.57 27.65 10.70
Transatlan Mng V 281 0.06 0.00 0.06 + 0.01 0.15 0.03
Transition Mtl V 83 0.24 0.20 0.20 - 0.04 0.25 0.06
Treasury Metal T 1362 0.85 0.67 0.75 + 0.05 0.85 0.32
Trecora Res* N 104 11.52 10.75 11.35 - 0.08 14.96 8.17
Tres-Or Res V 218 0.05 0.04 0.04 - 0.01 0.06 0.01
Trevali Mng* O 379 0.73 0.67 0.70 + 0.04 0.73 0.18
Trevali Mng T 6338 0.97 0.85 0.91 + 0.04 0.97 0.25
Tri Origin Exp V 537 0.07 0.06 0.07 - 0.01 0.08 0.02
TriMetals Mng* O 119 0.25 0.21 0.22 - 0.02 0.28 0.04
TriMetals Mng* O 75 0.24 0.21 0.23 - 0.01 0.32 0.06
TriMetals Mng T 356 0.33 0.28 0.29 - 0.01 0.36 0.05
TriStar Gold* O 213 0.36 0.32 0.36 + 0.03 0.35 0.10
Troy Res* O 8
0.48 0.39
0.41 0.40
0.46 + 0.05 0.48
0.40 + 0.01 0.56
0.10
0.13
Troymet Expl V 1497 0.05 0.03 0.05 + 0.01 0.05 0.01
True North Gem V 436 0.09 0.07 0.08 + 0.01 0.20 0.07
Trueclaim Expl V 897 0.04 0.03 0.03 - 0.01 0.05 0.01
Tsodilo Res V 12 0.68 0.00 0.66 - 0.02 1.03 0.50
Tudor Gold V 38 1.99 1.58 1.80 + 0.11 2.50 0.03
Tungsten Corp* O 13145 0.00 0.00 0.00 - 0.00 0.00 0.00
Turquoise HIl* N 16740 3.57 3.07 3.14 - 0.42 3.67 1.55
Turquoise HIl T 6841 4.68 4.05 4.13 - 0.52 4.72 2.30
TVI Pacific* O 12 0.02 0.01 0.02 - 0.00 0.03 0.00
Tyhee Gold* O 104 0.00 0.00 0.00 - 0.00 0.01 0.00
U-V
U.S. Lithium* O 308 0.06 0.02 0.06 - 0.00 0.15 0.01
U3O8 Corp* O 519 0.03 0.02 0.03 - 0.00 0.04 0.01
Ucore Rare Mtl* O 267 0.32 0.29 0.30 - 0.02 0.35 0.15
Ucore Rare Mtl V 511 0.41 0.38 0.40 - 0.01 0.45 0.20
UEX Corp T 1928 0.23 0.20 0.23 + 0.02 0.29 0.11
Ultra Lithium* O 19 0.15 0.14 0.15 + 0.01 0.27 0.06
Ultra Lithium V 96 0.20 0.17 0.18 - 0.02 0.35 0.05
Umbral Enrgy 1754 0.06 0.05 0.05 - 0.02 0.10 0.02
Unigold V 626 0.64 0.55 0.59 - 0.01 0.69 0.08
Unigold* O 111 0.49 0.42 0.47 - 0.02 0.51 0.06
United Res Hdg* O 52 0.03 0.02 0.02 - 0.01 0.08 0.01
United Silver* O 151 0.00 0.00 0.00 + 0.00 0.01 0.00
United States A* X 1960 0.36 0.24 0.33 + 0.09 0.63 0.16
United States S* N 56055 27.35 25.10 26.49 - 1.00 27.64 6.15
Unity Energy V 166 0.19 0.16 0.16 - 0.02 0.48 0.08
Ur-Energy* X 1043 0.58 0.52 0.54 - 0.02 0.77 0.44
Uracan Res* O 94 0.06 0.04 0.06 + 0.01 0.06 0.00
Uracan Res V 482 0.08 0.05 0.08 + 0.01 0.08 0.01
Uragold Bay Rs V 1416 0.30 0.26 0.27 - 0.02 0.31 0.02
Uranium Energy* X 4795 1.11 0.90 0.99 + 0.03 1.47 0.65
Uranium Res* D 1262 1.53 1.26 1.32 - 0.11 16.08 1.26
Uranium Valley V 29 0.18 0.11 0.15 - 0.01 0.35 0.04
Uravan Mnrls V 446 0.34 0.27 0.29 - 0.02 0.39 0.05
US Energy* D 119 2.12 1.85 1.96 + 0.05 4.74 0.67
US Precious M* O 8181 0.01 0.01 0.01 - 0.01 0.10 0.00
US Rare Earths* O 5 0.14 0.13 0.13 - 0.01 1.50 0.01
US Tungsten* O 89 0.00 0.00 0.00 - 0.00 0.00 0.00
USCorp* O 12 0.01 0.01 0.01 - 0.00 0.03 0.00
Vale* N 40014 4.95 4.36 4.91 + 0.30 4.86 1.55
Vale* N 142638 6.07 5.39 6.02 + 0.27 6.26 2.13
ValGold Res V 433 0.05 0.04 0.05 + 0.01 0.07 0.01
Valterra Res V 162 0.05 0.04 0.05 + 0.01 0.05 0.01
Vanadiumcorp* O 155 0.04 0.03 0.04 + 0.00 0.05 0.01
Vanadiumcorp V 591 0.05 0.04 0.04 - 0.01 0.06 0.02
Vanstar Mng Rs V 152 0.07 0.06 0.06 - 0.01 0.10 0.03
Vantex Res V 1231 0.03 0.03 0.03 + 0.01 0.04 0.01
Vatic Vent V 58 0.14 0.12 0.14 + 0.01 0.24 0.04
Vedanta* N 836 10.17 9.23 10.11 + 0.39 10.20 3.52
Vena Res V 223 0.10 0.08 0.04
0.09 + 0.02 0.10
Vendetta Mng V 357 0.12 0.09 0.05
0.10 + 0.01 0.13
Vendome Res V 421 0.02 0.01 0.01
0.01 - 0.01 0.03
Venture Mnrls* O 78 0.03 0.03 0.01
0.03 + 0.01 0.04
Verde Potash T 49 0.37 0.31 0.13
0.35 - 0.03 0.48
Victory Res V 554 0.05 0.04 0.02
0.04 - 0.01 0.09
Viscount Mng V 683 0.70 0.68 0.19
0.68 - 0.02 0.91
Vista Gold* X 13052 1.72 1.16 0.25
1.19 - 0.42 2.09
Vista Gold T 1329 2.28 1.54 0.33
1.57 - 0.53 2.73
Volcanic Mtls V 11 0.15 0.00 0.04
0.14 - 0.01 0.17
Voltaic Min V 107 0.40 0.38 0.38 - 0.02 0.52 0.03
VVC Expl V 505 0.04 0.03 0.03 - 0.01 0.05 0.01
W-Z
Walker River V 2355 0.09 0.08 0.09 + 0.01 0.09 0.02
Wallbridge Mng T 490 0.08 0.07 0.08 - 0.01 0.10 0.02
Walter Energy* O 559 0.07 0.05 0.05 - 0.00 0.15 0.01
WCB Res V 34 0.07 0.04 0.07 + 0.03 0.15 0.02
Wealth Mnrls* O 312 0.77 0.69 0.72 - 0.01 0.83 0.10
Wealth Mnrls V 1405 0.99 0.89 0.93 - 0.01 1.06 0.14
Wellgreen Plat* O 575 0.38 0.35 0.35 - 0.01 0.46 0.12
Wellgreen Plat T 1209 0.50 0.45 0.46 - 0.02 0.62 0.16
Wesdome Gold T 1869 2.05 1.75 1.77 - 0.17 2.20 0.89
West Af Res V 2431 0.35 0.26 0.33 + 0.05 0.33 0.05
West High Yld V 90 0.20 0.17 0.20 + 0.02 0.39 0.17
West Kirkland V 402 0.14 0.12 0.12 - 0.02 0.15 0.04
West Red Lake* O 339 0.21 0.16 0.19 - 0.01 0.26 0.02
West Red Lake 1999 0.27 0.22 0.25 - 0.01 0.34 0.01
Western Copper* X 335 0.95 0.85 0.85 - 0.06 1.04 0.20
1.25 1.11 1.12 - 0.07 1.35 0.29
Western Copper T 438
Western Pac Rs V 265 0.04 0.03 0.04 + 0.01 0.04 0.01
Western Pac Rs* O 300 0.04 0.02 0.03 + 0.01 0.04 0.00
Western Uran 32 2.56 2.10 2.40 - 0.10 5.00 1.20
Western Uran* O 17 2.00 1.60 1.79 + 0.10 2.67 1.19
Westhaven Vent V 578 0.14 0.10 0.12 - 0.02 0.16 0.04
Westhaven Vent* O 12 0.11 0.11 0.11 - 0.01 0.12 0.08
Westkam Gold* O 379 0.05 0.04 0.04 + 0.00 0.07 0.01
Westmoreland* D 1357 9.70 7.68 8.61 - 0.94 16.54 3.44
White Energy* O 3 0.28 0.23 0.28 + 0.05 0.89 0.23
White Metal Rs V 287 0.10 0.06 0.08 + 0.02 0.13 0.02
White Mtn Engy* O 185 0.09 0.07 0.07 + 0.00 0.40 0.07
Wildcat Expl V 283 0.09 0.08 0.08 - 0.01 0.16 0.02
Williams Creek V 230 0.05 0.04 0.05 + 0.01 0.04 0.01
Winston Gld Mg 106 0.40 0.20 0.20 - 0.20 0.40 0.10
Wolfden Res V 691 0.14 0.12 0.13 + 0.01 0.19 0.05
Wolverine Mnls V 63 0.13 0.10 0.10 - 0.03 0.23 0.07
Worldwide Res V 8 0.01 0.00 0.01 - 0.02 0.06 0.01
WPC Res V 1977 0.09 0.07 0.08 - 0.01 0.12 0.03
X-Terra Res V 164 0.27 0.24 0.24 - 0.03 0.31 0.06
Xander Res V 197 0.48 0.46 0.47 - 0.01 0.48 0.21
Ximen Mng* O 61 0.11 0.10 0.11 + 0.02 0.13 0.01
XLI Tech Inc* O 15196 0.01 0.00 0.01 - 0.00 1.50 0.00
Xtierra V 505 0.08 0.05 0.08 + 0.02 0.08 0.01
Xtra-Gold Res T 82 0.46 0.00 0.45 - 0.01 0.56 0.18
Xtra-Gold Res* O 86 0.37 0.33 0.37 + 0.02 0.43 0.12
Yamana Gold T 23419 7.79 7.36 7.44 - 0.03 7.87 1.89
5.95 5.58 5.65 - 0.06 5.99 1.38
Yamana Gold* N 49883
3.66
Yanzhou Coal* N 121 6.41 6.19 6.36 + 0.10 7.02
Yorbeau Res T 1403 0.12 0.11 0.11 + 0.01 0.12 0.06
Zadar Vent * O 36 0.13 0.00 0.13 + 0.02 0.20 0.06
Zadar Vent V 2468 0.17 0.14 0.16 + 0.01 0.26 0.01
Zazu Metals T 367 0.27 0.23 0.26 + 0.01 0.33 0.09
Zazu Metals* O 15 0.20 0.19 0.20 + 0.01 0.24 0.08
Zenyatta Vent* O 18 0.53 0.49 0.52 - 0.02 1.33 0.47
Zephyr Mnls V 94 0.35 0.28 0.31 + 0.02 0.42 0.08
Zephyr Mnls* O 92 0.23 0.22 0.23 - 0.00 0.30 0.15
Zimtu Capital V 105 0.28 0.00 0.25 - 0.04 0.38 0.12
Zincore Mtls V 47 0.29 0.00 0.21 - 0.04 0.25 0.03
Zonte Mtls V 62 0.08 0.07 0.07 - 0.01 0.15 0.02

BID-ASK — AUGUST 1–5, 2016

12-MONTH 12-MONTH 12-MONTH
STOCK EXC BID ASK LAST HIGH LOW STOCK EXC BID ASK LAST HIGH LOW STOCK EXC BID ASK LAST HIGH LOW

37 Capital One C 0.06 1.63 0.15 0.20 0.05
ABE Resources V 0.03 0.03 0.03 0.08 0.02
Acme Res Corp V 0.01 0.03 0.02 0.03 0.01
Active Growth V 0.05 0.06 0.05 0.10 0.02
Afrasia Mnls V 0.04 0.08 0.04 0.05 0.01
Aftermath Slvr V ... 0.01 0.01 0.03 0.01
Alberta Star V 0.20 0.22 0.20 0.23 0.16
Alderon Iron* X ... 0.40 0.14 0.52 0.12
Alexandra Cap C 0.03 ... 0.03 0.03 0.03
Allante Potash V 0.03 0.10 0.03 0.06 0.01
Alpha Nat Res* N 0.23 0.24 0.24 4.16 0.20
Altan Rio Mnls V 0.01 0.02 0.02 0.03 0.01
Altiplano Mnls V 0.17 0.22 0.16 0.22 0.04
Altitude Res V 0.05 0.07 0.06 0.20 0.02
Amanta Res V 0.01 0.02 0.01 Greatbanks Res V 0.03 0.07 0.03 0.04 0.01
Amato Expl V 0.07 0.08 0.08 0.10 0.01
Anthem United V 0.24 0.30 0.24 0.39 0.14
Arch Coal* N ... ... 0.58 15.00 0.58
Archon Mineral V 1.75 1.80 1.75 2.10 1.30
Arco Res V 0.06 0.07 0.06 0.08 0.03
Ardonblue Vent V 0.05 0.09 0.05 0.06 0.05
Arrowhead Gold C 0.01 ... 0.03 0.05 0.03
Artha Res V 0.13 0.15 0.12 0.20 0.01
Asbestos Corp V 0.15 0.30 0.14 0.30 0.13
AsiaBaseMetals V 0.30 0.35 0.35 0.35 0.04
Astar Mnls V 0.10 ... 0.10 0.10 0.09
Ateba Res C ... 0.01 0.01 0.01 0.01
Atlantic Ind V 0.01 0.05 0.01 0.01 0.01
Atlatsa Res* X ... ... 0.06 0.45 0.06
Aurania Res V 0.60 ... 0.60 0.60 0.30
Aurgent Gold V 0.07 0.09 0.07 0.11 0.02
Balto Res V 0.02 0.03 0.02 0.03 0.01
Bama Gold C 0.06 0.10 0.10 0.20 0.05
Banks Island V 0.01 0.01 0.01 0.17 0.01
BE Res V ... 0.34 0.35 Jiulian Res V 0.02 0.05 0.02 0.03 0.01
Bearclaw Cap V 0.04 0.08 0.06 0.06 0.02
Benz Cap V 0.02 0.03 0.02 0.08 0.01
BHK Mining V 0.03 0.06 0.06 0.10 0.03
Big Bar Res V 0.08 0.50 0.10 SG Spirit Gold V 0.11 ... 0.09 0.20 0.05
Big Wind Cap C 0.10 0.19 0.19 0.19 0.01
Bird River Res C ... 0.05 0.05 0.07 0.02
Black Bull Res V ... 0.01 0.01 Lancaster Cap V 0.13 0.28 0.28 0.32 0.06
BlackEagle Dev C 0.01 0.05 0.05 0.10 0.03
Bluenose Gold V 0.02 0.03 0.01 0.03 0.01
Bluestone Res V 0.14 0.22 0.14 0.23 0.05
Boss Power V 0.17 0.20 0.17 Lions Bay Cap V 0.04 0.06 0.04 0.04 0.01
Buccaneer Gold V 0.03 0.03 0.03 0.04 0.02
Bullman Mnls V 0.05 0.09 0.09 0.09 0.03
Canuc Res V 0.23 0.29 0.25 0.27 0.05
Carrie Arran V 0.05 ... 0.05 0.07 0.05
Cartier Iron C 0.06 0.06 0.06 0.11 0.01
Cascade Res V 0.02 0.04 0.02 0.05 0.02
Cassidy Gold V 0.01 0.02 0.02 0.04 0.01
Cassius Vents V 0.03 0.05 0.04 0.04 0.01
Celtic Minrls C ... ... 0.01 Martina Mnls V 0.06 0.10 0.06 0.06 0.02
Central Iron V 0.01 0.02 0.02 0.02 0.01
Chantrell Vent V 0.10 0.25 0.10 0.19 0.06
Chimata Gold V 0.02 0.03 0.02 0.06 0.01
Chinapintza Mg V 0.01 0.02 0.01 0.01 0.01
Cicada Vents V 0.01 0.01 0.01 0.02 0.01
CIM Intl Grp C 0.50 1.02 1.01 1.50 1.00
Cliffs Nat Res* N 1.45 3.20 1.43 7.17 0.98
Clydesdale Res V 0.04 0.10 0.05 0.08 0.01
CNRP Mng C 0.01 0.04 0.01 0.01 0.01
Comet Inds V 1.85 2.50 2.00 2.00 1.20
Compliance Egy V 0.03 0.03 0.03 0.25 0.03
Crestwell Res C 0.04 0.10 0.13 0.14 0.11
Cresval Cap V 0.04 0.05 0.05 0.06 0.01
Cricket Res V 0.01 0.04 0.01 0.03 0.01
CWN M’g Acq V 0.16 0.23 0.24 0.25 0.11
DGS Mnls C 0.04 0.09 0.04 0.06 0.04
Discovery Harb V 0.02 0.03 0.02 0.04 0.01
DV Resources V 0.03 0.04 0.04 0.06 0.03
E-Energy Vent V ... 0.01 0.01 Network Expl V 0.17 0.23 0.17 0.22 0.02
Endurance Gold V 0.06 0.07 0.07 0.08 0.02
Enfield Expl C ... ... 0.01 0.01 0.01
European Metal C ... 0.01 0.01 0.01 0.01
Explorex Res C 0.12 0.21 0.13 0.15 0.05
Finlay Minrls V 0.07 0.08 0.08 0.08 0.02
Fire River Gol V 0.03 0.07 0.09 0.75 0.03
First Idaho V 0.08 0.14 0.12 0.12 0.05
Freeport Res V 0.05 0.06 0.06 0.09 0.01
Galore Res V 0.03 0.03 0.03 0.03 0.01
General Moly T 0.35 0.50 0.42 0.65 0.22
GFM Res V 0.02 0.10 0.02 0.03 0.02
Global Cobalt V 0.02 0.02 0.02 0.08 0.01
God’s Lake Res C 0.05 ... 0.08 0.10 0.01
Gold Reserve V 5.43 5.70 5.74 8.00 3.06
Goldbelt Emp V 0.04 0.08 0.06 0.10 0.02
Golden Band V ... 0.01 0.01 0.01 0.01
Gonzaga Res V 0.05 0.08 0.04 0.06 0.01
Granite Ck Gld V 0.04 0.06 0.06 0.06 0.01
Gravis Energy C ... 0.02 0.01 Phoenix Metals V 0.19 0.20 0.21 0.21 0.02
Gray Rock Res V 0.07 0.07 0.07 0.09 0.02
Green Arrow V 0.03 0.03 0.04 0.10 0.03
Greenshield Ex V 0.03 0.05 0.03 0.05 0.01
Grenville Gold V 0.14 0.17 0.15 0.18 0.06
Greywacke Expl C 0.06 ... 0.06 0.06 0.01
Hadley Mng C 0.01 0.01 0.01 0.03 0.01
Harvest Gold V 0.04 0.12 0.04 0.05 0.01
HFX Holding V 0.04 0.05 0.04 0.15 0.01
Highbury Proj V 0.18 ... 0.20 0.20 0.10
Highvista Gold V ... 0.16 0.17 Remo Res V 0.09 0.15 0.09 0.10 0.04
Highway 50 Gld V 0.19 0.24 0.24 0.25 0.05
Homeland Egy V ... 0.01 0.01 0.01 0.01
Indigo Expl V 0.03 0.03 0.03 0.04 0.01
Interconnect V 0.09 0.14 0.08 0.14 0.05
Intl Bethl Mng V 0.03 0.04 0.03 0.10 0.02
Jasper Mng V 0.05 0.08 0.06 0.08 0.02
Jaxon Mnls V 0.06 0.08 0.07 0.09 0.02
JDF Explor Inc C 0.01 0.05 0.01 0.02 0.01
Jet Gold V 0.04 0.08 0.06 0.06 0.03
Jet Metal V 0.10 0.10 0.09 0.15 0.04
Kairos Cap V 0.02 0.04 0.02 0.03 0.01
Karmin Expl V 0.25 0.32 0.32 0.35 0.15
Karoo Expl V 0.01 0.02 0.01 0.02 0.01
Kestrel Gold V 0.02 0.02 0.02 0.07 0.01
Kitrinor Mtls V 0.01 0.02 0.01 0.02 0.01
La Imperial C 0.03 0.05 0.05 0.05 0.01
Lateral Gold V 0.11 0.16 0.14 0.18 0.07
Leeta Gold V 0.04 0.10 0.04 0.05 0.03
Leo Res C 0.01 0.03 0.01 0.01 0.01
Logan Res V 0.15 0.15 0.12 0.15 0.04
Lowell Copper V 0.25 0.31 0.31 0.39 0.12
Lucky Mnls V 0.05 0.08 0.07 0.11 0.05
Maccabi Vent C 0.07 0.10 0.08 0.14 0.08
Madeira Mrnls V 0.02 0.10 0.03 0.03 0.02
MAG Silver* X 12.52 13.30 12.52 14.40 6.12
Mainstream Mnl V ... 0.01 0.01 Talmora Diamd C 0.01 0.05 0.05 0.05 0.01
Manado Gold V 0.01 0.01 0.03 0.04 0.03
MAX Res V 0.07 0.09 0.08 0.11 0.05
MaxTech Vent C 0.24 0.30 0.24 0.26 0.05
McChip Res V 0.60 0.78 0.60 0.85 0.40
McLaren Res C ... 0.01 0.01 0.01 0.01
Metallum Res V 0.03 0.06 0.12 Trident Gold V 0.01 0.02 0.01 0.02 0.01
Mezzotin Mnrls V 0.01 0.02 0.01 0.01 0.01
Midasco Cap V 0.07 0.09 0.07 0.13 0.07
MillenMin Vent V 0.09 0.20 0.11 0.14 0.01
Minfocus Expl V 0.03 0.04 0.03 0.05 0.01
Minsud Res V 0.06 ... 0.06 0.09 0.06
Mistango River C 0.02 0.03 0.02 0.07 0.01
Moag Copper C ... ... 0.08 0.12 0.08
Montana Gold C 0.09 0.10 0.10 0.10 0.02
Morgan Res V 0.01 0.02 0.01 0.03 0.01
Morumbi Res V 0.04 0.04 0.04 0.07 0.02
Mountain Lake C ... 0.01 0.01 0.01 0.01
Navy Res V 0.23 0.30 0.24 0.30 0.06
Nebu Res V 0.01 0.02 0.01 0.03 0.01
New Klondike V 0.01 0.01 0.01 0.02 0.01
Newstrike Res V 0.05 0.06 0.05 0.08 0.02
Nickel North V 0.02 0.03 0.02 0.02 0.01
Niocan Inc V 0.08 0.09 0.09 0.18 0.04
Noble Metal Gr V 0.01 0.02 0.01 0.01 0.01
Norsemont Cap C 0.26 0.32 0.26 0.31 0.07
North Am Tung V ... 0.01 0.01 0.02 0.01
NSS Res Inc C ... ... 0.20 0.20 0.20
Open Gold V 0.01 0.01 0.01
Oracle Mng V 0.01 0.01 0.01 0.07 0.01
Oronova Res V 0.08 0.11 0.08 0.08 0.03
Oxford Res V 0.02 0.03 0.03
Pac Arc Res V 0.01 0.02 0.01 0.05 0.01
Pac Cascade V 0.01 0.02 0.01 0.02 0.01
Pac Link Mng V 0.01 0.08 0.02 0.03 0.01
Paget Mrnls V 0.07 0.09 0.09 0.09 0.01
Palisades Vent V 0.05 0.06 0.05 0.08 0.03
Phoenix Gold V ... 0.01 0.01 0.01 0.01
Planet Mng V 0.04 0.05 0.05 0.08 0.02
ProAm Expl V 0.02 0.03 0.02 0.02 0.01
Rare Element* X 0.11 0.16 0.15 0.89 0.06
Ravencrest Res C 0.02 ... 0.02 0.02 0.01
Razore Rock Res C ... 0.05 0.05 0.08 0.01
Red Oak Mg V 0.01 0.03 0.01 0.03 0.01
Red Rock Enrgy V 0.01 0.02 0.01 0.03 0.01
Redhill Res V 0.75 0.80 0.80 0.80 0.06
Reliant Gold V 0.03 0.04 0.03 0.04 0.01
Remington Res V 0.06 0.08 0.06 0.06 0.01
Rheingold Expl C 0.03 0.05 0.05 0.05 0.01
Rhyolite Res V 0.23 0.35 0.27 0.27 0.09
Rift Valley C 0.01 0.04 0.01 0.04 0.01
River Wild Exp C 0.01 ... 0.01 0.01 0.01
Rockridge Cap V 0.26 0.35 0.25 0.57 0.05
Rodinia Lithm V 0.02 0.02 0.01 0.05 0.01
Romulus Res V 0.12 0.20 0.12 0.17 0.07
Royal Sapphire V 0.04 0.06 0.06 0.07 0.03
RT Minerals V 0.13 0.18 0.18 0.30 0.05
Rubicon Mnrls* X ... ... 0.03 1.35 0.03
Saville Res V 0.01 0.02 0.01 0.04 0.01
Savoy Vent V ... ... 0.16
Scavo Res C 0.36 0.57 0.36 0.54 0.26
SGX Res V 0.02 0.02 0.02 0.05 0.01
Shamrock Ent C 0.05 0.06 0.05 0.05 0.01
Signature Res V 0.07 0.08 0.08 0.10 0.01
Silver Phoenix C 0.01 0.24 0.10 0.10 0.01
Silvermet V 0.03 0.04 0.04 0.06 0.02
Sky Ridge V 0.27 0.39 0.27 0.30 0.03
Sniper Res V 0.01 0.01 0.01 0.07 0.01
Spada Gold V 0.20 0.45 0.20 0.60 0.20
Stelmine Can V 0.16 0.17 0.16 0.18 0.05
Strata Mnls V 0.01 0.02 0.01 0.05 0.01
Sunrise Res V 0.01 0.02 0.01 0.05 0.01
Sunset Cove Mg V 0.01 0.01 0.01 0.01 0.01
Swift Res V 0.03 0.10 0.03 0.05 0.01
Tearlach Res V 0.08 0.15 0.08 0.16 0.02
Terreno Res V 0.06 0.08 0.06 0.08 0.02
Teryl Res Corp V 0.01 0.02 0.02 0.02 0.01
Theia Res V 0.12 0.20 0.12 0.16 0.05
Tintina Mines V 0.06 0.17 0.06 0.12 0.04
Tri-River Vent V 0.03 0.06 0.03 0.17 0.03
Trigen Res V 0.08 0.15 0.08 0.08 0.03
Troy Enrgy V 0.02 0.07 0.02 0.05 0.01
True Grit Res V 0.01 0.05 0.01 0.03 0.01
UC Res V 0.01 0.02 0.02 0.03 0.01
United Coal C ... 0.01 0.01
Universal Vent V 0.40 ... 0.45
Vangold Res V 0.01 0.02 0.02 0.02 0.01
Vela Minerals V 0.04 0.09 0.05 0.08 0.02
Velocity Mnrls V 0.12 0.20 0.09 0.20 0.05
Venerable Vent V 0.01 0.04 0.02 0.02 0.01
Wabi Expl C 0.05 0.10 0.05 0.06 0.03
Wescan Gldflds V 0.05 0.09 0.05 0.10 0.02
West Melville V 0.28 0.32 0.28 0.45 0.08
Westridge Res V 0.01 0.03 0.01 0.02 0.01
Weststar Res C 0.04 0.06 0.06 0.06 0.01
Winston Res C 0.01 0.02 0.01 0.08 0.01
Wolfeye Res V 0.25 ... 0.25
Zara Res C 0.01 0.02 0.01 0.10 0.01
Zena Mng V 0.06 0.10 0.06 0.10 0.05
Zinco Mng V 0.05 0.07 0.05 0.08 0.01

8-10_AUGUST15_StockTables.indd 10 2016-08-09 11:52 AM

 GLOBAL MINING NEWS
Cameco’s Cigar Lake uranium mine in northern Saskatchewan.  CAMECO
Cameco CEO Gitzel laments
‘toughest market in the last decade’
BY MATTHEW KEEVIL
mkeevil@northernminer.com
VANCOUVER
D
espite a renaissance in some
subsectors of the mining
industry — predominantly
precious metals — Canadian ura-
nium leader Cameco (TSX: CCO;
NYSE: CCJ) is feeling the pain. The
nuclear market has yet to recover
from the Fukushima disaster in
Japan in 2011, while oversupply
conditions have depressed uranium
oxide (U3O8) spot prices to an 11-
year low.
On July 28, Cameco reported
what easily qualifies as its worst
quarterly performance since 2005.
The company registered an adjusted
net loss of $57 million, or 14¢ per
share, and saw its sales plummet
20% quarter-on-quarter and 40%
year-on-year. Cameco sold just 4.6
million lb. U3O8 over the past three
months, which equates to its lowest
level in 10 years.
“I can say that this [second quar-
ter] has probably been the toughest
quarter in the toughest market we’ve
seen in the last decade, and our re-
sults reflect just how challenging the
environment is … uranium demand
remains low and prices are very
depressed,” president and CEO Tim
Gitzel said during a conference call.
“Primary supply has simply not
responded to decreased demand,
and, coupled with an abundance of
secondary material available today,
the market is simply oversupplied,”
he added.
The company also attributed the
weak results to “allowable customer
discretion,” with respect to the tim-
ing of deliveries under contracts.
Utilities may select a quarter for
deliveries within a calendar year, and
many opted to defer to the fourth
quarter due to the falling price en-
vironment.
The spot price for uranium has
fallen 66% since the Fukushima
disaster, including a 25% decline
over the past year. The commodity
traded for US$25 per lb. at press time,
though Cameco expects contract
commitments for the rest of 2016
will total between 19.5 million lb.
and 21.5 million lb. U3O8 .
In addition, the company was hit
with a $124-million impairment
1 2 3 4 5 11 13 14 16_AUGUST15_Main .indd 11
URANIUM   | Weak financials overshadow strong operational quarter
charge after announcing its intention
to suspend uranium production at
its Rabbit Lake mine in northern
Saskatchewan in late April. As a
result, Cameco expects to incur $35
million in care and maintenance and
$19 million in one-time severance
costs this year.
The company also disclosed that it
has agreed to end a long-term U3O8
supply agreement with a customer
for cash proceeds of $47 million,
because future deliveries were con-
tracted at prices “well above current
levels.” Cameco did not reveal the
utility that cancelled its contract,
and the situation raises the spectre
of more contractual difficulties in
major markets like Japan and the
United States.
“I assume this is a bit of a one-off,”
Gitzel said. “This certainly isn’t a
pattern we’re seeing right now. We’ve
talked about it in the past on calls,
and we’ve done some deferrals, but
A worker readies U3O8 drums to ship from Cameco’s Key Lake uranium mill in Saskatchewan.  CAMECO
The Rabbit Lake uranium mine in Saskatchewan that Cameco has put on care and maintenance.  CAMECO
we haven’t seen anything else lately
in that regard.”
Cameco modestly boosted its
annual production guidance to
25.8m lb. U3O8 after “stronger than
expected” production at Rabbit
Lake. Despite weak results over
the past six months, the company
reaffirmed its full-year sales guid-
ance of between 30 million and 32
THE NORTHERN MINER / AUGUST 15–21, 2016
“OUR STRATEGY
IS TO KEEP OUR
PRODUCTION
FLEXIBLE AND
FOCUS ON OUR
LOWEST-COST
ASSETS.”
TIM GITZEL
PRESIDENT AND CEO, CAMECO
million lb. U3O8 .
The weak markets overshadowed
Cameco’s strong operating quarter.
The company produced 7 million
lb. uranium, which represents a
30% year-on-year jump in quar-
terly production. In addition, cash
costs were down 23% quarter-on-
quarter to US$15.96 per lb. U3O 8 .
The improvement is even starker
11
when compared to second-quarter
2015 costs, which were pegged at
US$26.53 per lb. U3O8 .
“Our strategy is to keep our pro-
duction flexible and focus on our
lowest-cost assets. That strategy
led to the production curtailments
we announced last quarter,” Gitzel
said. “We expect these decisions will
help us remain competitive in an
uncertain market, where we simply
don’t know how long weak condi-
tions will persist. But over time, we
believe it will change. China’s new
build program is going strong, as
are programs in South Korea and
India. So far this year five new reac-
tors have started up.”
The company is focused on three
operations: Cigar Lake and McAr-
thur River in Saskatchewan, and
Inkai in Kazakhstan.
One overhang on Cameco’s valu-
ation is its ongoing dispute with
the Canada Revenue Agency over
$3.4 billion earned by a European
subsidiary from 2003 to 2010. The
company has indicated another
$3.6 billion in earnings may come
under review. Initial court hearings
are scheduled in October, and long-
term proceedings could result in a
$2-billion tax bill.
In early August, Cameco also
hit a wall at its Yeelirrie deposit
in Australia after environmental
regulators recommended a rejection
of its mine proposal over concerns
about “underground fauna.”
The company’s shares have traded
in a 52-week range of $12.12 to $19.32
per share, and last closed at $12.38.
Cameco has 396 million shares out-
standing for a $4.9-billion market
capitalization.
It reported cash of $132 million
and $1.7 billion in debt at the end
of the second quarter.
Scotibank cut its 12-month price
target on Cameco by $2 to $13.50
per share after the quarterly results.
“The very weak volumes, com-
bined with new disclosure of a
[long-term] contract cancellation
by a utility, provides more evidence
that uranium fundamentals are
extremely weak,” analyst Orest
Wowkodaw noted. “We believe
there is significant downside risk
to street expectations, as a material
near-term price recovery is unlikely
to materialize.” TNM
2016-08-09 8:06 PM
 12 AUGUST 15–21, 2016 / THE NORTHERN MINER WWW.NORTHERNMINER.COM

PROFESSIONAL DIRECTORY
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12_AUGUST15_ProDirectory .indd 12 2016-08-09 11:51 AM

 GLOBAL MINING NEWS
Diamond drillers working the night shift at Mirasol Resources and AngloGold Ashanti’s Claudia joint-venture gold-silver project in Argentina’s Santa Cruz province.   MIRASOL RESOURCES
Mirasol hunts for gold in
Argentina, Chile
SPROTT SYMPOSIUM   | Partners with AngloGold near Cerro Vanguardia, Yamana in Puna region
BY LESLEY STOKES
lstokes@northernminer.com
VANCOUVER
I
n a hallway at the Sprott Natural
Resource Symposium in Vancou-
ver in July, Mirasol Resources
(TSXV: MRZ) president and CEO
Stephen Nano thumbs through a
number of geological and geophysi-
cal maps, and lists off the scientific
criteria that drew his company to
acquire ground in Argentina’s Santa
Cruz province and Chile’s Puna
mineral district belt.
Mirasol has already reported posi-
tive drill results from its greenfields
Claudia gold-silver project, 150 km
northwest of Puerto San Julian in
Santa Cruz province. Claudia is a
joint venture with Cerro Vanguardia
S.A. (CVSA), which is 92.5% owned
by AngloGold Ashanti (NYSE:
AU) and 7.5 %-owned by Santa
Cruz provincial mining company
Fomicruz.
The project is beside CVSA’s Cerro
Vanguardia open-pit and under-
ground gold mine, which produced
a record 278,000 oz. gold in 2015 at
a total cash cost of US$625 per oz.
gold, and has reserves of 14.9 mil-
lion tonnes of 2.55 grams gold for
1.2 million oz. gold.
The JV partners reported assays
for 18 of the 26 drill holes that tested
a 2 km long vein in Claudia’s Cura-
hue prospect. The low sulphidation,
epithermal-style vein is one of five
prospects that occur in a 15 km vein
corridor, as defined by surface sam-
pling and geophysical anomalies.
Drilling at Claudia intercepted
66.5 metres of 0.42 gram gold, in-
cluding 1 metre of 5.15 grams gold,
as well as 39.5 metres of 0.7 gram
gold. (Nano cautions the assays
come from reverse-circulation drill
holes that found groundwater at
depth, which means water could
flush through the hole and smear
gold grades over longer intervals.)
He says that CVSA still has 2,000
metres of drilling left to finish its
1 2 3 4 5 11 13 14 16_AUGUST15_Main .indd 13
THE NORTHERN MINER / AUGUST 15–21, 2016 13
earn-in requirements this year, and 5.5 grams silver. Mirasol expects Yamana signed on with Mirasol in year by completing a feasibility study
is drilling diamond holes to confirm Yamana will ramp up its second June 2015 by committing to spend and reaching a production decision
mineralization width. field season at Atlas by November. US$10 million on exploration and and funding Mirasol’s 25% interest
“I’m not doing the discovery dance “The intersections are deep but US$2 million in cash payments over to production..
quite yet, but these are the kinds they’re the right kind of grades, four years to earn a 51% interest As of May, Mirasol had $18.7 mil-
of grades you’d want to see,” Nano and we haven’t tested what’s above, in the property. Yamana would lion in cash. Shares of the company
says. CVSA “is after high-grade and so we could very much be drilling then have two years to earn 65% by have traded within a 52-week range
heap-leachable material because into a large and oxidized epithermal delivering a preliminary economic between 72¢ and $3.38 per share.
they’re in a hurry to find a satel- deposit,” Nano says. “We’re making assessment on an indicated resource With 44.7 million shares outstand-
lite deposit to support their Cerro ore-grade-like intersections, and of more than 1 million oz. gold. ing, the company has a $128-million
Vanguardia operation. So far, our that’s a great step forward.” Yamana can earn 75% the next market capitalization. TNM
work at Claudia meets that criteria,
and our geophysics reliably suggest
that the mineralization has a lot
more room to grow.” CAREER OPPORTUNITIES
“I’M NOT DOING
THE DISCOVERY
DANCE QUITE YET,
BUT THESE ARE THE
KINDS OF GRADES CAREERS Advertising Rates
YOU’D WANT TO $12.65 per agate line.
SEE.” Minimum size 2 columns x 1” $354.20.
STEPHEN NANO Closing date is 10 days prior to publication date.
All C anadian orders subject to applicable taxes.
PRESIDENT AND CEO,
MIRASOL RESOURCES
For further Careers advertising information contact:
Joe Crofts 416-510-6816,
Under the joint venture signed in
jcrofts@northernminer.com,
March, CVSA can earn 51% of the
project by drilling 12,000 metres, Toll free North America:
spending US$5 million and paying 1-888-502-3456, (ext. 43729)
US$1 million in stages over two Fax: 416-447-7658
years. CVSA can earn 75% over six
years by reaching a production deci-
sion to mine a minimum 350,000 oz.
gold resource, and funding Mirasol’s
remaining 25% interest.
Nano says Mirasol’s other joint-
venture partner, Yamana Gold
(TSX: YR I; NYSE: AU Y), has
similarly encouraging results at
Resumes Wanted
their Gorbea gold-silver property in Looking for a career in the mining and
Chile, following a 5,500-metre drill exploration industries?
program targeting mineralization
at the property’s Atlas prospect. Post your resume for FREE on the website that specializes
In April, the partners released in recruitment for mining companies and
assays of 40 metres of 1.38 grams suppliers... you’ll be glad you did.
gold and 17.9 grams silver, plus
54 metres of 0.35 gram gold and Visit www.northernminerjobs.com today
2016-08-09 8:11 PM
 14 AUGUST 15–21, 2016 / THE NORTHERN MINER WWW.NORTHERNMINER.COM

Downie’s Premier Gold to buy

Mercedes in Mexico for US$140M
GOLD-SILVER   | Junior’s new South Arturo gold mine in Nevada to help Hardrock in Ontario
BY SALMA TARIKH RESERVES AT
starikh@northernminer.com
THE MERCEDES

P remier Gold Mines (TSX:

PG; US-OTC: PIRGF) has
offered to buy Yamana Gold’s
(TSX: YRI; NYSE: AUY) Mercedes
mine in Mexico’s Sonora state for
MINE STAND AT
333,000 OZ.
GOLD GRADING
US$140 million, in a move that 4.33 GRAMS
will transform the company into GOLD PER
a precious metals producer.
“The acquisition of the Mercedes
TONNE AND
mine is a compelling and trans- 3.75 MILLION OZ.
formative transaction,” Premier’s SILVER AT 48.8
president and CEO Ewan Downie
writes on the company’s blog. GRAMS SILVER.
The underground gold-silver
mine is set to become Premier’s
first fully owned operating asset. asset in northern Ontario.
Cash flows from Mercedes and Premier holds 40% of South Ar-
Premier’s upcoming South Arturo turo, with partner Barrick Gold
gold mine in Nevada should help (TSX: ABX; NYSE: ABX) owning
Yamana Gold’s Mercedes gold-silver mine in Sonora state, Mexico.   YAMANA GOLD fund development of the Hardrock the rest. The mine should start
production later this year.
Ya ma na broug ht Mercedes
online in 2011, and is mining

GET ON BOARD
three underground gold-silver
deposits. From 2012 to 2015, the
2,000-tonne-per-day operation
delivered an average 109,000 oz.
gold a year.
WITH A LEADING SOURCE OF MINING This year, Mercedes should churn
out 85,000 to 90,000 oz. gold and
COMPANY & PROPERTY DATA 345,000 to 365,000 oz. silver at
estimated all-in sustaining costs
of US$935 per oz. gold, on a co-
product basis.
At the end of 2015, reserves at
Mercedes stood at 2.4 million
tonnes grading 4.33 grams gold per
tonne and 348.8 grams silver per
tonne. Measured, indicated and
inferred resources added 7 mil-
lion tonnes at lower gold grades.
The Thunder Bay, Ont.-based
firm will pay Yamana US$122.5
million in cash, plus 6 million
shares and 3 million warrants for
the Mercedes mine and exploration
properties in Sonora’s Cucurpe
municipality. With the warrants,
Yamana could buy 3 million Pre-
mier shares for $4.75 per share
over two years.
On a recent conference call, Ya-
mana’s CEO Peter Marrone said he
was “pleased” with the deal, noting
the proceeds would help pay down
debt. “This is the first of a series
of steps this year to decrease our
overall debt,” he says.
The miner will also receive a
1% net smelter return royalty on
the Mercedes mine on the earlier
of either 450,000 equivalent oz.
gold produced after the transac-
tion closes or six years after the
The 2016 Canadian & American Mines Handbook transaction close. The deal should
is an incredibly powerful resource in your business arsenal. conclude around Sept. 30.
Premier intends to fund the cash
component of the acquisition from
Featuring comprehensive profiles on over 2,000 active publicly-traded available sources of capital. The
mining companies as well as over 1,400 mines and advanced projects company had $49 million in cash at
related to those companies, your business decisions will always be the end of March, a US$45-million

$136
backed up by the most up-to-date industry data. debt facility with Orion Mine Fi-
nance, and the potential to access
up to US$400 million from Orion
Order Your Copy Today! for acquisitions, notes Rob Chang,
+ S/H an analyst at Cantor Fitzgerald.
“While our back-of-the-envelope
calculations yield a net neutral
impact to our net asset value, the
Call 1-888-502-3456 result depends in large part to the
financing package that Premier
obtains to pay for the cash portion
or by email at info@northernminer.com of this deal,” Chang writes.
But the analyst positively views
the transaction, as it advances
Premier into the producer category,
and sets the stock up for a higher
www.mineshandbook.com re-rating.
On the acquisition news, Premier
jumped 6% to close July 29 at $4.96
per share. TNM
Canadian & American Mines Handbook - 38 Lesmill Rd., Unit 2, Toronto ON, M3B 2T5

1 2 3 4 5 11 13 14 16_AUGUST15_Main .indd 14 2016-08-09 8:11 PM

 GLOBAL MINING NEWS THE NORTHERN MINER / AUGUST 15–21, 2016 15

www.northernminerjobs.com

Senior Mine Engineer Engineer – Projects & Planning Metallurgist

Dubreuilville, Ontario, Canada Dubreuilville, Ontario, Canada Dubreuilville, Ontario, Canada

Reporting to the Chief Engineer, the Senior Mine Engineer, will be
responsible for overseeing activities related to supporting the operations
and to ensure service and/or operating standards are met. The Senior
Mine Engineer will also design and develop processes, practices and
methodologies, and planning in mine engineering.
Reporting to the Superintendent – Projects & Planning, the Engineer –
Projects & Planning role will be responsible for planning, coordinating
and monitoring site engineering activities; lead the design and develop-
ment of engineering projects, ensuring completion on time and within
budget. They also review production plans to ensure targets are met and
goals achieved, developing alternate plans when required.
Reporting to the Mill Superintendent, the Metallurgist will be accountable
for providing metallurgical expertise and technical support to ensure
efficient and optimum plant performance to meet production objectives
of the Island Gold Mine.

Manager, Mine Rehabilitation, District Geologist

Inspection and Compliance
Sudbury, ON. Canada
The Ministry of Northern Development and Mines is committed to mini-
mizing the impacts of mineral exploration and mining activities affecting
public health and safety and the environment, and to do this, we need
an individual who possesses the drive and leadership qualities to deliver
the ministry’s Mine Rehabilitation and Compliance Program.
Sudbury, ON. Canada
Bring your geoscience, analytical and customer services expertise to the
Ontario Geological Survey’s Resident Geologist Program and join the
Ministry of Northern Development and Mines’ exciting team in Sudbury’s
world-renowned mining district.
Maintenance Planner
Dubreuilville, Ontario, Canada
Reporting to the Mechanical Superintendent the Maintenance Planner
provides leadership and is responsible to develop, implement and main-
tain reliability based maintenance strategies based on preventive and
predictive maintenance to ensure maximum availability and production.

Regional Resident Geologist Assistant or Associate Professor Assay Laboratory Manager

Kirkland Lake, ON. Canada (Economic Geology) Ottawa, ON. Canada Calgary, Canada

The Department of Earth Sciences at Carleton Uni-

Bring your geoscience, analytical and customer service/communication
expertise to the Ontario Geological Survey’s Resident Geologist Program
and play a key role with the Ministry of Northern Development and Mines
geoscience team operating out of Kirkland Lake, Ontario.
versity invites applications from qualified candidates The successful candidate will have a firm grasp of the managerial skills
for a preliminary (tenure-track) appointment in eco- required to run an assay laboratory. This includes wet chemistry, fire
nomic geology at the rank of Assistant or Associate Professor beginning assay, ICP and AA spectrometry, and an all-round knowledge of lab
in 2017. Applicants must have a Ph.D. in Earth Sciences, have demon- operations.
strated excellence in teaching, possess a strong commitment to research
and scholarship, as reflected in peer-reviewed publications, have strong
connections with industry, and be engaged in a research area that has
a strong field component.

Technologist II, Metallurgy Ontario Ministry of Northern

Chief Mine Engineer
Timmins, ON. Canada
Working with a core team you will be responsible for life-of-mine planning,
engineering quality controls, and integrity of the plans and planning
process. The role includes the short term mine planning process, production
forecast evaluations, annual budgeting and production performance
measurement; focused on ounces produced not tons, cost savings rather
than cost management, ore quality preservation initiatives, resource
optimization influence, equipment utilization and manpower distribution
optimization, capital expenditure validation and reconciliation.
Saskatoon, Saskatchewan,
Canada
Reporting to the metallurgists, you will be responsible for the operation and
maintenance of an ICP-MS radium analyser, as well as other field and
laboratory testing and equipment. Experience in analytical technique is a
must. You will conduct test work and report findings in an accurate and
consistent manner.
Development & Mines Aggregate/
Industrial Mineral Specialist
Ontario, Canada
The Ministry of Northern Development and Mines is seeking a talented
professional with sand, gravel and bedrock aggregates expertise to
become part of its Earth Resources and Geoscience Mapping team.
Bring your technical expertise in geology to the Ontario Geological
Survey, Earth Resources and Geoscience Mapping Section, where you
will play a key role in the section’s aggregate/industrial mineral mapping
program.

Community Relations Liaison

Saskatoon, Saskatchewan, Canada RECRUIT SMARTER WITH MINING JOBS
The Northern Miner’s new section dedicated
Cameco Corporation and AREVA Resources Canada Inc., as part of its Atha-
basca Community Relations program, are seeking a full-time Community to recruiting in mining
Liaison to work out of the community of Fond du Lac Denesuline First Nation.
This position is one of three Community Liaison positions for Black Lake
Denesuline First Nation, Fond du Lac Denesuline First Nation, Hatchet Lake One listing is all you need
Denesuline First Nation, Wollaston, Stony Rapids, Camsell Portage and
Print Edition. Circulated to TNM 20K+ readership

+
Uranium City. This position’s primary responsibility will be to the Fond
du Lac Denesuline First Nation, Camsell Portage and Uranium City.

Lab Manager
Langley, BC. Canada 4 INDUSTRY JOB BOARDS
CANADIAN
The lab manager’s job will be to schedule the staffs’ time to ensure
efficient use of lab equipment. You will train lab technicians and assistants
on the correct use of lab equipment, as well as ensuring that employees
Mining Journal
follow industry standards and safety regulations for handling and
disposing of test samples.
EMAIL sales@mining-jobs.net or CALL 416-510-6772 AND
S TA R T R E C R U I T I N G S M A R T E R T O D AY

For full job details visit www.northernminerjobs.com and enter the Job Name in the search field

15-AUGUST 15_NEW-MiningJobs.indd 15 2016-08-09 6:43 PM

 16 AUGUST 15–21, 2016 / THE NORTHERN MINER WWW.NORTHERNMINER.COM

Silver Wheaton paying US$800M

to raise Salobo gold stream to 75%
M&A   | Vale granted reduced strike price of US$43.75 on Silver Wheaton warrants

Vale’s Salobo copper-gold mine in Brazil’s Para state.  VALE

BY SALMA TARIKH Goldcorp’s (TSX: G; NYSE: GG) period, Silver Wheaton will need to
starikh@northernminer.com Penasquito mine, both in Mexico, make more payments to Vale. For
S U B S C R I P T I O N F O R M

S
which should be partly offset by example, if it increases throughput
ilver Wheaton (TSX: SLW; higher expected output from the to 36 million tonnes a year between
Save NYSE: SLW) is offering a sub- Antamina mine in Peru. 2021 and 2025, the expansion pay-
Over 40 sidiary of Vale (NYSE: VALE) Average annual silver production ment would range between US$514
o of th % US$800 million to buy another over the next five years, including million and US$692 million.
3 Easy Ways to Order: ff e cover 25% gold stream from the Salobo 2016, remains at 31 million oz. a Silver Wheaton estimates Salobo
 Fax this form to: 416-447-7658  Call Toll Free: price! copper-gold mine in Brazil. year. has a 50-year life based on reserves
Vancouver-based Silver Wheaton Silver Wheaton will pay US$800 of 1.2 billion tonnes grading 0.7%
1-888-502-3456  Order online at www.northernminer.com
already has a 50% gold stream on million in cash for the increased copper and 0.35 gram gold, plus ex-
PLEASE SEND MY SUBSCRIPTION OPTION AS INDICATED BELOW Salobo’s life-of-mine production, gold stream, using cash-on-hand ploration potential. The transaction
with the latest acquisition giving and proceeds available under its gives Silver Wheaton another 3.2
Your subscription to The Northern Miner will include our the company access to 75% of the US$2-billion revolving credit fa- million oz. gold in reserves, 700,000
authoritative weekly newspaper in either Print or Digital mine’s gold by-product. cility. The company will also pay oz. in measured and indicated, and
Edition format. Please select your format preference, as The transaction should immedi- Vale either US$400 per oz., plus 400,000 oz. in inferred.
well as the subscription level you'd like to access. PRINT* DIGITAL ately increase Silver Wheaton’s con- a 1% annual inflation starting in Meanwhile, Vale said the acquisi-
  solidated production and cash flow, 2019, or the spot market price for tion should help it pay down its net
The Northern Miner BASIC as Salobo should deliver 300,000 gold, depending on whichever is debt, which totalled US$27.5 billion
Weekly and daily news, daily E-NewsLetter,
Canada  $114 $114 oz. gold a year between 2016 and lower. The spot price closed Aug. 1 at the end of June. It has a US$4.3-
press releases, 4 issues of Mining Markets US  $114 $114 2020, of which Silver Wheaton at US$1,352.40 per oz. gold. billion cash position.
Magazine, 2 Issues of Diamonds in Canada International  $151 $114
Magazine, 1-year article archives.
will receive three-fourths as of Silver Wheaton has also sweet- Analysts see the transaction as a
July 1, 2016. ened the transaction by lowering positive for both companies. BMO
The Northern Miner EXECUTIVE
Canada  $229 As a result, the precious metal the exercise price on the 10 million analyst David Gagliano, who covers
$229
Includes all the content from the Basic service, streaming firm has updated its 2016 warrants it offered Vale in 2013. The Vale, has increased his target price to
PLUS a database of detailed company, property US  $229 $229 gold production guidance to 305,000 Brazilian miner could exchange US$4 from US$2, after the acquisi-
and personnel profiles, article archive dating International  $269 $229
back to 1987, and personal topic alerts. oz., from 265,000 oz. previously. each warrant, which expires in early tion and Vale’s second-quarter earn-
Canadians (excl. ON, NB, NL, NS, PEI) add 5% GST, BC residents add 7% PST, ON, NB, It forecasts average annual gold 2023, to buy one Silver Wheaton ings improved the outlook for the
*Add $6 for shipping and handling
NL residents add 13% HST, NS residents add 15% HST, PEI residents add 14% HST production from 2016 to 2020 of share for US$43.75, instead of US$65 miner. BMO analyst Andrew Kaip,
SUBSCRIBER INFORMATION 330,000 oz. gold, versus 260,000 previously. who covers Silver Wheaton, notes
oz. earlier. Vale commissioned the large Sa- the stream should increase earnings
Name
Silver Wheaton, however, has lobo copper-gold mine in Para state before interest, taxes, depreciation
trimmed its 2016 silver forecast to in late 2012 with a design through- and amortization (EBITDA) by 10%
Email (Required for Daily News Service)
32 million oz., from 32.8 million put capacity of 12 million tonnes a annually, with Salobo representing
oz., due to lower expected output year. It doubled the mill capacity 30% of EBITDA, instead of 20%
Company Title
from Primero Mining’s (TSX: P; in mid-2014. If Vale increases the earlier. Kaip has bumped his target
NYSE: PPP) San Dimas mine and capacity within a predetermined price to $31 from $25 per share. TNM
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Lodgings at Vale’s Salobo copper-gold mine in Brazil.  VALE

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