Short Position Report
TSX Short Positions Short positions outstanding at Oct. 31/12 (with changes from Oct….
News
Cashed-up Largo to enlarge stake in Maracas
A $10 million private placement that closed on Nov. 1 gives strategic metals junior Largo Resources (LGO-V) the juice it needs to purchase the remaining 10% of the Maracas vanadium project in Brazil that it doesn’t already own.
TSX Venture soldiers on, Oct. 29-Nov. 2
VANCOUVER — The S&P TSX Venture Composite Index jumped 19 points or 1.44% during the Oct. 29 – Nov. 2 trading period before closing the week at 1,310.03 points.
TSX rises then pulls back
The TSX Composite Index managed to finish the Oct. 29 to Nov. 2 period 98 points higher at 12,380 points, despite giving back some of its earlier period gains.
Moneta Porcupine de-risks Golden Highway
Moneta Porcupine Mines (ME-T, MPUCF-O) and its Golden Highway project in northern Ontario could start generating some attention from mid-tier or major gold producers interested in bulk tonnage deposits in Canada, the junior’s management says.
Turquoise Hill secures power for Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N) rose more than 11% after announcing it has finalized the much anticipated power purchase agreement (PPA) for its Oyu Tolgoi copper-gold mine in Mongolia’s South Gobi desert.
Storm takes wind out of U.S. markets, Oct. 29-Nov.2
U.S. markets were closed for an historic two-day period during the Oct. 29-Nov. 2 trading week, as one of the most damaging storms ever to strike the U.S. northeast left more than one hundred people dead. When the markets re-opened, they…
Commentary: The uses and abuses of temporary foreignworkers in BC
The following is an open letter from Mark Olsen, president of the Bargaining Council of B.C. Building Trade Unions, to Canadian Prime Minister Stephen Harper and B.C. Premier Cristy Clark.
Queensland lifts ban on uranium mining
It has taken 23 years, but the state government of Queensland has finally overturned a ban on uranium mining. The prohibition on uranium processing and waste storage, however, remains in place.
Market news
Toronto Stock Exchange
Hana’s Banana on the block
Hana Mining (HMG-V) may be recouping some recent losses for its shareholders thanks to, well, one of its shareholders.
Agnico-Eagle’s Meadowbank, Kittila see improvements
Agnico-Eagle Mines (AEM-T, AEM-N) has bulked up its full-year production guidance following a solid third quarter, where both the Meadowbank and Kittila gold mines reported record quarterly output and improved costs.