Short Position Report
Short positions outstanding at Dec. 15/15 (with changes from Nov. 30/15).
Stock Markets/Investing
US stocks slip, Dec. 11-17
U.S. equities closed lower, despite receiving a boost after the Federal Reserve raised interest rates. The Dow Jones Industrial Average fell 0.5% to 17,495.84, while the S&P 500 Index lost 0.5% to close at 2,041.89. The Nasdaq dipped 0.8%…
TSX slides, Dec. 11-17
The United States Federal Reserve’s decision to raise interest rates for the first time since June 2006 lifted Canada’s main stock index by 1.9% to 13,166.08, before finishing at 13,009.93, in a 0.05% decline. The central bank…
TSX Venture falls with oil futures, Dec. 11-17
The S&P/TSX Venture Composite Index took a hit from falling commodity futures, as it tumbled 1.5%, or 7.33 points, en route to a 496.95-point weekly close. On the economic front, Statistics Canada reported that foreigners invested $22…
Fission eyes ‘landmark’ deal with China’s CGN Mining
VANCOUVER — It was a stormy 2015 for explorer Fission Uranium (TSX: FCU; US-OTC: FCUUF) marked by a failed merger, struggling uranium prices and the brief threat of a proxy battle from retail shareholders.
US stocks post slim gains, Dec. 4-10
The Dow Jones Industrial Average climbed 0.6% to finish the trading period at 17,574.75, while the S&P 500 Index inched up 0.1% to 2,052.23, and the Philadelphia Gold & Silver Index rose 0.4% to 47.37.
SilverCrest Metals aims to repeat success in Mexico
VANCOUVER — The ink has now dried on a $154-million agreement that has seen First Majestic Silver (TSX: FR; NYSE: AG) snap up and merge with SilverCrest Mines and its Santa Elena silver-gold operation in Sonora, Mexico, but president and…
Major miners fuel a rising demand for streaming deals
VANCOUVER — As traditional forms of equity and debt finance become harder to obtain for mining companies, there’s been a rise in stream agreements, which offer miners access to cash for a percent of future by-product metal…
TSX dips below 13,000 mark, Dec. 4-10
Tumbling oil prices sent the energy-heavy S&P/TSX Composite Index below 13,000 for the first time since 2013, before finishing at 13,016.59, down 2.3%. Brent crude closed at US$39.73 per barrel on Dec. 10 — less than half of the…
Editorial: ‘Tis the season for dividend cuts
As we all know, mining is a cyclical business, and by all appearances we are into the stage of the commodities cycle where many of the biggest, highest-quality major mining companies, especially base metal miners, are trimming and even…
TSX Venture drops 2.5%, Dec. 4-10
The S&P/TSX Venture Composite Index fell 2.5%, or 12.85 points, to close at 504.28 points, weakened by collapsing oil prices and a sinking loonie.
West Kirkland mulls options after landing Three Hills permit
VANCOUVER — West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) has come a long way over the past year at its Three Hills and Hasbrouck gold deposits in Nevada. And with a preliminary construction permit now in hand, it is ready to assess its…