Morien has big plans for Donkin
Morien Resources (TSXV: MOX; US-OTC: APMCF) is three steps closer to putting the massive Donkin coal deposit into production next year.
News
Rio Tinto charts path to cut spending and boost returns
VANCOUVER — At a shareholder meeting in Sydney, Rio Tinto’s (NYSE: RIO; LSE: RIO) executive team laid out a plan to reinvigorate the world’s second-largest miner.
Indonesia hangs tough on raw mineral export ban, nickel prices perk up
Despite hopes by miners in Indonesia that the national government would soften its stance, the government nevertheless plans to push ahead with a full-blown ban of all raw mineral-ore exports starting early next year.
Mega Precious gets the cash to push on Monument Bay
Mega Precious Metals (TSXV: MGP) has secured financing to drive its Monument Bay gold project in Manitoba to the next level.
U.S. markets, Dec. 2-6
U.S. equities jumped on Nov. 29, with a positive employment report. Better-than-expected data from the U.S. Labor Department showed the country added 203,000 jobs to non-farm payrolls in November and the unemployment rate dropped to 7% —…
Pershimco goes long on Panamanian copper
While it may not be a name many are familiar with, Pershimco Resources (TSXV: PRO) thinks its Cerro Quema project could let it become the next big name in Panamanian copper.
Toronto Stock Exchange, Dec. 2-6
The S&P/TSX Composite Index fell 113 points to 13,280.72 for the period, despite positive news from Canada’s neighbour to the south.
Atico steams ahead
Atico Mining (TSXV: ATY; US-OTC: ATCMF) became a producing mining company when it acquired 90% of the El Roble mine — the only producing copper mine in Colombia.
TSX Venture Exchange, Dec. 2-6
The S&P/TSX Venture Composite Index lost 2%, or 18.24 points, during the week before closing at 916.65. Markets finished in the red despite rising energy and metals futures, with promising jobs data out of Canada and the U.S. fuelling…
Guyana Goldfields starts building its Aurora gold mine
Guyana Goldfields (TSX: GUY) has started construction activities at its flagship Aurora gold project in Guyana, CEO Scott Caldwell said on a conference call yesterday.
Macusani hits PEA milestone in Peru
VANCOUVER — Toronto-based junior Macusani Yellowcake (TSXV: YEL) has moved one step closer to a production decision at its 900-sq.km uranium portfolio, which lies 180 km northwest of the city of Juliaca in southeastern Peru. On Dec….
Short Position Report
TSX Short Positions Short positions outstanding at Nov. 30/13 (with changes from Nov….