Flinders sees upside in Swedish graphite revival
VANCOUVER — Just outside the small town of Edsbyn in central Sweden sits the idle Kringel graphite mine, which represents a prime opportunity according to Vancouver-based Flinders Resources (FDR-V).
News
Venture climbs in shortened July 3-6 period
VANCOUVER — The S&P TSX Venture Composite Index managed a 20.36-point gain in the shortened July 3 to 6 period to end at 1,211.35 points after two days of gains and two of losses. The climb came despite low volumes, averaging 59…
TSX falls…but only a little
The holiday shortened July 3-6 period was by no means a strong one for the senior board, but it could have been worse. The TSX Composite Index fell 68 points to 11,659.96 points with the sell-off coming amidst a flurry of bad news.
Short Position Report
TSX Short Positions Short positions outstanding at June 30/12 (with changes from June…
Technical Analysis Report: Uranium stocks show signs of life
Ever since the great bull-run in uranium prices leading into 2008 investors have been waiting for the second leg up.
Orbite to produce alumina, rare earths in 2013
Orbite Aluminae (ORT-T) has been busy proving that its patented technology to extract alumina from clay, bauxite and red mud — the residue left from traditional extraction processes — works on a large-scale. It plans to…
MAG Silver sings Juanicipio’s praises
In a conference call on June 14, MAG Silver’s (MAG-T, MVG-X) president and CEO, Dan MacInnis, enthusiastically described the company’s Juanicipio polymetallic project in Mexico as “bulletproof” and “one of —…
Short position reports
TSX Short Positions Short positions outstanding at June 15/12 (with changes from May 31/12).Largest Short Positions SecurityTickerTotal…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date July 2 June 29 June 28 June 27 June 26 US$ in C N/A 1.0191 1.0333 1.0257 1.0265 …
Iamgold ‘not bailing’ on Ecuador: INV
Headlines in the mainstream media that Iamgold (IMT-T, IAG-N) is giving up on Ecuador are fundamentally incorrect, Candace MacGibbon, president and chief financial officer of junior explorer INV Metals (INV-T), tells The Northern Miner.INV…
Centerra drops as Kyrgyz gov’t reviews Kumtor
Centerra Gold (CG-T) plunged more than 30% on June 22, as the Kyrgyzstan parliament debated the fate of the company’s Kumtor gold project in the country while investors worried about the possibility of Centerra losing its mining…
New Gold starts up New Afton in BC
New Gold (NGD-T, NGD-N) has brought a fourth mine online with the timely start-up of its New Afton gold-copper mine near Kamloops, B.C. The Vancouver-based producer says the first ore from the newly minted underground mine was processed…