Speculators have reduced net-long positions by 3.6%.
Rolling back environmental regulations and speeding up permitting for oil and gas as well as mining projects could put pressure on Canada to do the same.
Nine drill rigs are working a 30,000-35,000 metre program, with results feeding into future resource estimates.
All-time-high gold prices combined with relatively-contained costs catapulted unit earnings to another epic record.
