Short Position Report (February 26, 2007)
TSX Short Positions Short positions…
2007
Agnico-Eagle offers $710M for Cumberland
Agnico-Eagle Mines (AEM-T, AEM-N) plans to take on Canada’s North with its proposed takeover of Cumberland Resources (clg-t, clg-x).
Kyrgyz coalface a dangerous place
HEALTH & SAFETY
Editor’s Picks: Top news of the week (February 26, 2007)
Acquisitions within the mid-tier gold and uranium sectors grabbed the headlines in the seventh trading week of 2007.
Impala launches Afplats bid (February 26, 2007)
Impala Platinum (IMPUY-O, IPLA-L, IMPO-J) has made a takeover bid for junior platinum developer African Platinum (AFRPF-O, APP-L), valuing the company at 297 million (US$579 million).
Randgold tops 2005 profits
Mid-tier gold miner Randgold Resources (GOLD-Q, RRS-L) saw its earnings increase on higher gold prices and bigger production numbers in 2006.
Starcore closes financing for San Martin acquisition (February 26, 2007)
Vancouver — Starcore International Ventures (SAM-V, SHVLF-O) stands poised to enter the producer’s league following closure of an $18.7-million financing earmarked for the acquisition of the San Mart…
CGA to pick up Masbate
CGA Mining (CGA-T, CGX-A) has entered a deal with Thistle Mining (THTLF-O, TMG-L) to take over the Masbate gold project in the Philippines for US$30 million in cash and another US$21 million worth of …
Bolivian government seizes Glencore tin smelter
The Bolivian military has marched on private industry once again — and this time it’s a mining company that is being held under heel.
Suppliers News (February 26, 2007)
No stopping Finning
People (February 26, 2007)
Peregrine Diamonds — Hugo Grenon appointed exploration field manager; Maiko Sell appointed project geophysicist for the WO diamond project in the Northwest Territories; Duncan McBean appointed superv…
Varvarinskoye resources inch up
A new resource and reserve estimate made for European Minerals (EPM-T, EUM-L) on the Varvarinskoye gold-copper deposit in northern Kazakhstan has increased the size of the resource, while knocking the…