Short Position Report
TSX Short Positions Short positions outstanding at July 31/12 (with changes from July…
Articles by Northern Miner Staff
Molycorp sinks on Q2 loss
Second-quarter earnings season hasn’t been a picnic for most companies but Molycorp’s (MCP-N) US$67.6 million loss or US$0.71 per share in the quarter compared to a profit of US$47.8 million or US$0.53 per share in the second…
Roxgold rushes initial resource at Yaramoko
VANCOUVER — Vancouver-based explorer Roxgold (ROG-V) continues to advance its Yaramoko gold project in Burkina Faso, West Africa, despite lingering questions stemming from an unresolved proxy battle with a group of prominent shareholders….
Venture slips slightly in July 30-August 3 period
VANCOUVER — The S&P TSX Venture Composite Index slipped 3.69 points to 1,186.95 points in the July 30 to August 3 period after three days of losses outweighed two days of gains. Volume was up by several million to an average of 62…
TSX falls as ECB fails to follow through
The TSX Composite Index was off 101 points to 11,662.59 for the July 30 to Aug 3 period after the European Central Bank disappointed investors.
U.S. stocks gain on expectations, July 30-Aug.3
The Dow Jones Industrial Average managed to end the July 30–August 3 trading week above the 13,000-level, following mixed economic news from the United States and Europe. The Dow gained 20 points to close at 13,096.17.
Touchstone Gold and Atlantis Gold Mines to merge
Touchstone Gold (TGL-L) and Atlantis Gold Mines are combining their assets in Colombia to create a new gold exploration and development company that consolidates neighbouring assets in a region with a history of high-grade gold…
Cobriza’s new porphyry in Peru
The latest drill results from Cobriza Metals (CZA-T) Arikepay project in Peru have the company confident it has made a new porphyry discovery.Results from the two best holes were highlighted by 238 metres averaging 0.29% copper,…
Q&A with Agnico’s Sean Boyd
At a time when investor sensitivities to management miscues and misguided strategies are running high, Agnico-Eagle Mines (AEM-T, AEM-N) stands out as a miner that has stuck to its mantra of providing stable growth with low political risk . . ….
Barrick suffers setbacks, cost hikes, output revisions
Barrick Gold (ABX-T, ABX-N) packed its much-anticipated second-quarter financials with quite a few punches, causing analysts to cut their price targets.While the world’s largest gold producer had previously said that second-quarter…
Agnico mines humming along
The message out of Agnico-Eagle Mines’ (AEM-T, AEM-N) headquarters after the second quarter is one of stability and efficiency.The company says the first half of the year was all about optimizing its five mines, and with the process…
Juniors get creative as cash dwindles
Juniors mining companies have been struggling for months to raise capital, and with coffers running low, they are resorting to all sorts of methods to conserve what cash they have.Exploration budgets are being slashed and secondary projects set…