It’s no secret that tight equity markets are hurting junior mining and other resource exploration firms in Canada as they struggle to find the vein of capital to keep their operations running and their valuations from leeching away.
The theme for the period was competing forces as an upbeat report on U.S. jobless claims was weighed against no progress in budget negotiations connected to the coming fiscal cliff. The tension between the two made for mixed results over the…
VANCOUVER — The S&P TSX Venture Composite Index continued to lose ground during the Dec. 3-7 trading sessions, dropping 2.8% or 34.8 points before closing the week at 1,186.06 points. Uncertainty over U.S. economic policy negotiations…
Toronto’s resource-heavy index fell during the Nov. 30–Dec. 7 trading week as strong job creation in both Canada and the United States did little to quash concerns of the fast-approaching fiscal cliff.
Uranium Energy Corp.’s (UEC-X) Goliad in-situ recovery (ISR) project in the uranium belt of southern Texas has received its final permit and is now fully authorized for production, which Haywood Securities analyst Colin Healey expects…
Toronto-based Lundin Mining (LUN-T) dropped slightly after publishing its three-year production outlook for 2013 to 2015, as it lowered its estimates for copper, zinc and nickel from its previous guidance, but managed to keep them above 2012…
Proving that it isn’t entirely pre-occupied with a potential merger with Inmet Mining (IMN-T), First Quantum Minerals (FM-T) found the time to deliver some serious tonnage from two of its projects in Zambia.
A subsidiary of Chinese conglomerate Chengdu Tianqi Industry Group has raised its offer price for Talison Lithium (TLH-T) from $7.15 to $7.50 per share and the Australian lithium producer’s board and its largest shareholder, Resource…
VANCOUVER — Vancouver-based explorer Corvus Gold (KOR-T) has released an amended preliminary economic assessment (PEA) on its wholly-owned North Bullfrog gold project in southern Nevada that models a heap-leach operation averaging 74,800…
Western Potash (WPX-T) gained nearly 7% after publishing a positive feasibility study that showed the proposed Milestone potash solution mine near Regina, Sask., could produce 2.8 million tonnes of potassium chloride (KCl) a year for 40…
With capital being hard to come by, miners are turning to more creative ways to finance production.
Here are the short positions outstanding as of Nov. 30/12 (with changes from Nov. 15/12).
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