Short Position Report
Short positions outstanding at Dec.15/14 (with changes from Nov.30/14).
Articles by Northern Miner Staff
Coeur pays US$161 million for Paramount’s San Miguel
VANCOUVER — According to Coeur Mining (NYSE: CDE) president and CEO Mitchell Krebs, the company’s friendly take-over of junior Paramount Gold and Silver (TSX: PZG; NYSE-MKT: PZG) is one of the most “logical and strategic acquisitions”…
Short Position Report
Short positions outstanding at Nov.30/14 (with changes from Nov.15/14).
Fact ‘n’ figures: Citigroup favours palladium for 2015
Palladium mine supply production this year will fall to 5.9 million oz. — its lowest level in nearly 20 years, and an 8% drop from 2013 — while demand for the metal grows, Citigroup outlines in a Dec. 1 research report.
Letter to the Editor: Tough to turn a profit at San Antonio
From April 1941 to June 1968, my late father Cliff Gibson was chief geologist at the San Antonio gold mine in Bissett, Man. Every year it made money and paid a dividend.
AME BC announces 2014 award winners
The Association for Mineral Exploration British Columbia (AME BC) has announced the recipients of its annual awards for 2014.
Wall Street gets slammed, Dec. 8-12
The market sell-off on Wall Street was one of the worst in more than two years as oil dropped below US$62 a barrel and China reported more weak economic data. The S&P 500 Index fell 3.5% to 2002.33 and the Dow Jones Industrial Average…
Thompson Creek shutters Endako
VANCOUVER — Rough commodity markets are forcing miners to make tough decisions, and Colorado-based Thompson Creek Metals (TSX: TCM; NYSE: TC) is the most recent operator driven to place a struggling asset on temporary care and maintenance…
TSX Venture hits new low, Dec. 8-12
The S&P/TSX Venture Composite Index finished in the red after losing 6.9%, or 48.21 points, en route to a 653.78-point weekly close. Energy stocks floundered during a freefall in crude oil prices, as the International Energy Agency slashed…
Aurcana improves operations at La Negra
VANCOUVER — It’s all about boosting near-term liquidity for silver producer Aurcana (TSXV: AUN; US-OTC: AUNFF) as it grapples with a high debt load and falling metal prices. On Dec. 1 the company released its…
Miners struggle to adapt to lower coal prices
Thermal coal prices recently touched a five-and-a-half-year low of US$62.25 per tonne, and the market has seen several mining companies announce plans to sell coal assets or take on partners to weather the downturn.
TSX continues decline, Dec. 8-12
Canada’s benchmark index fell during the trading week as investors fretted over plunging oil prices and weaker-than-expected economic data from China. The S&P/TSX Composite Index lost 742.65 points, or 5%, to end at 13,731.05. The…