Short Position Report
Short positions outstanding at Aug. 15/15 (with changes from July 30/15).
Articles by Northern Miner Staff
TSX Venture declines, Aug. 10-14
The S&P/TSX Venture Composite struggled late in the week despite a jump in gold futures, as it dropped 3.39 points en route to a 573.21-point close. Energy and base metal futures finished in the red, and the Chinese currency devaluation…
Lake Shore takes big stake in IDM
VANCOUVER — IDM Mining (TSX: IDM; US-OTC: RVRCF) has taken a step toward production at its Red Mountain gold project — located 15 km northeast of Stewart, B.C. — after cleaning up its balance sheet and closing a private…
BAPE report advises against uranium mining in Quebec
The future of Quebec’s uranium industry remains up in the air, after the province’s environmental agency released a report concluding it would be “inappropriate” to allow uranium development — at least for now.
Ex-gold explorer dives into Select Sands
Select Sands’ (TSXV: SNS; OTC: CLICF) president and CEO Rasool Mohammad has chosen silica “frac” sand over gold, and hopes his bet will pay off with success at the junior’s frac sand Sandtown property in Arkansas, where…
Patriot Gold offers ‘arbitrage opportunity’
With depressed commodity prices and shrinking valuations, sometimes it’s arbitrage opportunities that offer some of the more compelling investment opportunities.
Silver Wheaton posts strong Q2 results
Canadian streaming company Silver Wheaton (TSX: SLW; NYSE: SLW) posted record quarterly production of nearly 11 million equivalent oz. silver in the three months ended June 30, and for the first time ever, notched quarterly sales…
Klondex blazes ahead, undeterred by low gold prices
Klondex Mines (TSX: KDX; US-OTC: KLNDF) has been a stellar performer despite the current bear market for gold stocks, with its share price steadily on the rise since the end of 2012.
TSX posts marginal dip, Aug. 10-14
The surprise devaluation of China’s currency on Aug. 11 pulled many base metal prices lower on fears that demand from the world’s largest buyer of metals would fall. The price of safe-haven gold, by contrast, rose 1.8% to finish at…
Friedland: Mining companies ‘priced for Armageddon’
VANCOUVER — Vanguard executive chairman of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) Robert Friedland took to the stage at the Sprott Natural Resource Symposium in Vancouver in late July, and delivered a talk about why he believes copper…
Gold Fields spending US$24M exploring Salares Norte this year
The downturn in the mining industry isn’t generating many good news stories these days, but one exception is the promise of untold riches from an undeveloped high-grade gold deposit in the Chilean Andes.
Strong headwinds for thermal coal
A year ago, South Africa’s Exxaro Resources (JSE: EXX; US-OTC: EXXAY) agreed to pay US$472 million to acquire 100% of Total’s (NYSE: TOT) South African thermal coal unit Total Coal South Africa Pty., which includes a majority…