Short position reports
TSX Short Positions Short positions outstanding at June 15/12 (with changes from May 31/12).Largest Short Positions SecurityTickerTotal…
Articles by Northern Miner Staff
Iamgold ‘not bailing’ on Ecuador: INV
Headlines in the mainstream media that Iamgold (IMT-T, IAG-N) is giving up on Ecuador are fundamentally incorrect, Candace MacGibbon, president and chief financial officer of junior explorer INV Metals (INV-T), tells The Northern Miner.INV…
Centerra drops as Kyrgyz gov’t reviews Kumtor
Centerra Gold (CG-T) plunged more than 30% on June 22, as the Kyrgyzstan parliament debated the fate of the company’s Kumtor gold project in the country while investors worried about the possibility of Centerra losing its mining…
New Gold starts up New Afton in BC
New Gold (NGD-T, NGD-N) has brought a fourth mine online with the timely start-up of its New Afton gold-copper mine near Kamloops, B.C. The Vancouver-based producer says the first ore from the newly minted underground mine was processed…
Almonty Industries: Black’s second act?
Almonty Industries (AII-V) may be a relative newcomer to the TSX Venture Exchange — it listed just nine months ago — but the junior tungsten producer is probably better known in the industry for its depth of management. CEO Lewis…
Metals, mining and money markets
SPOT PRICESCourtesy of ScotiaBankFriday, July 3, 2012 Precious MetalsPrice…
Editorial: Fleece Navidad
At the halfway mark of the year, the political difficulties are starting to pile up for North American and European explorers and miners operating in several Latin American countries. But front and centre these days is Argentina, with its rich…
US markets
U.S. equities jumped late in the week on news that European leaders agreed to distribute rescue funding directly to troubled national banks, which marked a victory for Spain and Italy, where borrowing costs where hitting dangerous levels…
Bolivian gov’t seizes Glencore’s Colquiri mine
The Bolivian government’s recent decision to nationalize Glencore International’s (GLEN-L)Colquiri lead-tin mine “will pose a number of serious questions relating to the government’s future policy towards foreign…
RCMP investigates Cardero’s activities in Ghana
Despite promising early results from its Sheini iron ore project in Ghana, Cardero Resource (CDU-T) could be facing a few legal headaches.The Royal Canadian Mounted Police (RCMP) has launched an investigation into how Cardero won the…
People
Allana Potash — Richard Kelertas appointed senior VP of corporate development.American Vanadium — Ron Espell appointed VP of environmental.Atico Mining — Fernando Ganoza appointed CEO.Augusta Resource — Raghunath…
Market News
TORONTO STOCK EXCHANGE