Canaccord reflects on juniors
In its last issue of the year, Canaccord Genuity’s Junior Mining Weekly takes a look back at 2012 and offers predictions for what lies ahead in 2013.
2012
Short Position Report
Short positions outstanding on Dec. 15/12 (with changes from Nov. 30/12).
Belo Sun’s Volta Grande on M&A radar
Belo Sun Mining’s (BSX-T) Volta Grande could become a potential acquisition target as the Toronto-based firm continues to expand and de-risk the large gold project in Brazil, analysts say.
TNM’s Mining Person of the Year: Garofalo a steady hand on the Hudbay tiller
In these times of economic and political turmoil, boring has become the new exciting.
Semafo back on track after soggy summer
Semafo (SMF-T) is bouncing back from a tough third quarter, which saw production dip at its key mine in West Africa.
First Quantum adds heft to two Zambian projects
Proving that it’s got more going on than a potential merger with Inmet Mining (IMN-T), First Quantum Minerals (FM-T) has delivered some serious tonnage from two of its projects in Zambia.
Market news: Toronto Stock Exchange
The S&P/TSX Composite Index rose 84 points to 12,296.72 for the period, as stronger-than-anticipated manufacturing numbers out of China outweighed fears over the looming fiscal cliff south of the border.
Colombian rebels like gold
Income from gold mining has overtaken drug trafficking in some provinces for the Revolutionary Armed Forces of Colombia (FARC), according to a new report from political risk firm Exclusive Analysis.
Market news: TSX Venture Exchange
The second week of December was a sideways one for the S&P/TSX Venture Composite Index, as it alternated between small gains and small losses to end the session up just 0.66 point at 1,183.62. Trading volumes were average, ranging between…
Market news: U.S. Markets
Pessimism about negotiations to avert the fiscal cliff drove U.S. equity markets down, with the Dow Jones Industrial Average slipping 0.32%, or 4.49 points, to close at 1,413.58, while the S&P 500 Index lost 0.15%, or 20.12 points, to…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, December 18, 2012Precious MetalsPrice…
Brixton finds high-grade silver at Thorn in BC
Vancouver-based explorer Brixton Metals (BBB-V) can barely contain its excitement over the silver-equivalent grades it has been cutting at its Thorn pollymetallic project, 130 km southwest of Atlin in northwestern B.C. The company followed up…