Short Position Report
Short positions outstanding at May 31/13 (with changes from May 15/13).
Articles by Northern Miner Staff
Brazil production in sight, Carpathian says
Gold production at Carpathian Gold’s (CPN-T) Riacho dos Machados project in Brazil will start at the end of the third quarter of this year, making the Toronto-based junior the South American nation’s newest producer of the metal.
U.S. markets, May 27-31
U.S. markets were closed for the Memorial Day holiday on May 27, and when trading resumed equities were volatile for the rest of the week, rising one day only to fall the next on mixed news. Markets initially rose on Tuesday after Japanese and…
Toronto Stock Exchange, May 27-31
The S&P/TSX Composite Index slipped during the trading week, losing 16.8 points to 12,650.42, as investors considered the bleak economic data coming out of Europe and the U.S.
Correction
The story “Geoscience B.C. lures stakers to North Vancouver Island” (T.N.M., June 3–9/13) incorrectly stated the mineral resource for NorthIsle Copper and Gold’s Hushamu deposit. In fact, Hushamu contains an indicated…
Commentary: Canada helps developing countries with responsible resource extraction
Today, Canada’s private-sector investments account for almost half of global mining activities in developing countries, and represent about 12% of Canada’s foreign direct investment. As an extractives industry success story, Canada…
New Gold eliminates Mesquite hedges for US$65.7 million
VANCOUVER — Vancouver-based producer New Gold (NGD-T, NGD-X) has suffered similar market devaluation to its peers in recent months, with its shares dropping 40% or $4.44 since early January as gold prices have declined. However, the…
PEA outlines Scorpio’s mine-expansion plans
VANCOUVER — Scorpio Mining (SPM-T) has faced more than a few challenges over the last year, starting with the need to downsize the resource at its Nuestra Senora deposit when mining revealed more geologic variations than expected. Soon…
Detour turns to equity markets as share price falls 65%
VANCOUVER — The soup has gotten a lot thinner for many companies in recent months, with falling metal prices and skittish investors driving equity valuations down across the board. And that reality set in for newly minted Canadian…
Northern Dynasty’s scuffle with the EPA continues
VANCOUVER — When it comes to media campaigns and social relations in the mining world, there might not be a more interesting case study than Northern Dynasty Minerals’ (NDM-T, NAK-N) ongoing defense of its large Pebble…
TSX Venture Exchange, May 27-31
The S&P/TSX Venture Composite Index continued to mount a bit of a rally during the trading sessions, posting a 14.09-point, or 1.5% increase, en route to a 962.41 weekly close. The index was boosted by stronger-than-expected economic…
Arianne to focus on high-grade phosphate
It’s been a busy month for Arianne Phosphate (DAN-V, DRRSF-O). In mid-May the Quebec-based junior officially changed its name from Arianne Resources, and announced it had sold off its non-phosphate assets to focus on its flagship open-pit…