Short Position Report (June 07, 2011)
TSX Short Positions Short positions outstanding at May…
News
Pretium plans Brucejack high-grade mine
Vancouver – Pretium Resources (PVG-T) has completed a preliminary economic assessment on its Brucejack gold-silver project in northern British Columbia a little more than six months after acquiring the project and listing itself on the Toronto…
Osisko’s Malartic tale of guts and glory (June 07, 2011)
When pressed about some of the many challenges he faced developing the Malartic gold deposit in Quebec into a commercial mine during one of the toughest economic times this century, Sean Roosen admits sleep deprivation was one of them.
Peruvian mining stocks plunge after leftist Humala wins elections
Peruvian-focused mining stocks nose dived Monday after left-wing populist candidate Ollanta Humala appeared to have narrowly won Peru’s presidential electoral run-off held on Sunday, June 5. With 88% of the ballots counted, Humala had 51.3% of…
Venture heads back down after short rebound
Vancouver – After a short upward climb the S&P TSX Venture Composite Index headed back down in the May 30 to June 3 trading period. The index dropped 45.05 points over five days of losses to 2,055.62 points on especially low volumes,…
Canadian economy looks good but TSX falls
The market continued to dash the hopes of bulls as the TSX Composite Index fell 293 points for the May 30 to June 3 despite some positive developments in the Great White North’s economy.
New lithium junior gets ready to explore (June 06, 2011)
Newly listed International Lithium (ILC-V) spent two years cherry picking projects, securing a strategic partner and fulfilling a plan of arrangement in May, and now is ready to get the drills turning on its lithium and rare metal properties.
U.S. markets post fifth straight week of losses
U.S. markets were closed for the Memorial Day holiday on May 30 and when they re-opened posted their fifth straight week of losses. Disappointing economic data confirmed the U.S. economic recovery has hit a soft spot, with the jobless rate…
Quadra attracts Sumitomo to Sierra Gorda
Quadra FNX Mining (QUX-T) is hooking up with Sumitomo to develop the sizable Sierra Gorda copper-molybdenum project in the Atacama Desert of northern Chile.
Pilot Gold lifts off on Turkey play
A small market cap can be a wonderful thing as evidenced by the market action of two different companies in early May.
Pan Terra heads to southern Africa in search of gold, copper
From the ashes of a high-flying hydrogen fuel cell promotion and later a construction-site preparation and excavation business, Pan Terra Industries (PNT-V) has re-emerged as a mineral explorer.
Yukon-Nevada on the rise
Yukon-Nevada Gold (YNG-T) shares saw a healthy boost following first quarter results and a recent $59-million financing, which will be used to upgrade its Jerritt Canyon gold mine in Nevada.