Short Position Report
Short positions outstanding on Dec. 31/12 (with changes from Dec. 15/12).
News
Angkor cashes in on Cambodian project generation
VANCOUVER — It has been just over a year since Vancouver-based Angkor Gold (ANK-V) went public with its stable of Cambodian exploration projects, and it is looking like the company’s early-mover strategy in the developing Southeast Asian…
Candente restarts drilling, shares surge 38%
Candente Copper (DNT-T) has started off the New Year by resuming exploration and feasibility drilling on its Canariaco copper-silver-gold project in northern Peru, sending its shares soaring.
The tipping point for iron ore
Spot iron ore prices in September 2012 touched a three-year low of US$87 per tonne before rallying to US$120 per tonne in the closing months of the year. The question is where will prices move from here?
Copper Fox falls on Schaft Creek feasibility
VANCOUVER – After four years of drilling, designing, consulting, and number crunching, Copper Fox Metals (CUU-T) has produced a feasibility study for its planned Schaft Creek mine in British Columbia that increases throughput by 30%…
Perseus disappoints on production
Perseus Mining (PRU-T) warned the market that gold production from its Edikan gold mine in Ghana would be less than originally forecasted, but it now says the number will be even lower than its previous downward revision.
Consol Energy sells coal assets in Canada
Consol Energy (CNX-N) sold two non-producing coal assets in Western Canada last month for US$127 million, bringing its total asset sales in 2012 to more than US$350 million, the company reported today.
Santacruz Silver on the fast track to production
VANCOUVER — For Mexico-focused Santacruz Silver Mining (SCZ-V) 2013 may well be the year where well-laid plans take root and begin to grow. The Vancouver-based company is working on a trio of advanced-stage silver projects with the goal…
Rising Indian steel production to support coking coal prices
VANCOUVER – Talk of coal usually focuses on the thermal variety – the lower-carbon black rock burned in generators to produce electricity – to the neglect of the higher-quality variety used in steelmaking. The focus makes…
TSX climbs as holidays close
The holidays brought cheer to Canadian investors as the TSX Composite Index was up 54 points to 12,433.53 for the Dec. 24-31 period, and equities were still climbing at press time.
Venture climbs over Christmas week
VANCOUVER – Christmas kept things fairly quiet on the S&P TSX Venture Composite Index over the Dec. 24-28 trading period, though the board did notch small gains each day to end the session up 24.1 points at 1,201.84. Trading volumes were…
ArcelorMittal sells 15% stake in Canadian unit to Asian group
With demand for steel in Europe tumbling about 8% in 2012 and a cumulative 29% since 2007, Luxembourg-based steel maker ArcelorMittal (MT-N) has decided to sell a 15% stake in ArcelorMittal Mines Canada to an Asian consortium including South…