Short Position Report (September 08, 2009)
TSX Short PositionsShort positions outstanding at Aug. 31/…
Articles by Northern Miner Staff
Lake Shore And West Timmins Merge
Analysts say a merger between Timmins, Ont.-focused Lake Shore Gold (LSG-T, LSGGF-O) and West Timmins Mining (WTM-T, WTMNF-O) puts the combined company in line to become a mid-tier gold producer.
Ex-CEO Sparks Boardroom Battle At Athabasca Potash
VANCOUVER — Accusations of incompetence are flying back and forth between the current board of Athabasca Potash (API-T) and an alternate slate proposed and led by the company’s founder and former pre…
Glencore Offers Rare Look Into Its Financials
One of the more unexpected consequences of the upheaval caused by last year’s near financial meltdown is the increased transparency it has encouraged in the notoriously secretive Glencore Internationa…
Star Shines For Shore Gold
VANCOUVER — A positive prefeasibilty study from Shore Gold (SGF-T) just brought the dream of another diamond mine in Canada one step closer to reality.
Nanjinzhao’s Payment For Cardero’s Pampa De Pongo Delayed, Again
VANCOUVER — Nanjinzhao has missed an Aug. 19 deadline to show Cardero Resources (CDU-T, CDY-X) a bank guarantee for the US$88-million balance of its US$100-million purchase of the Pampa de Pongo iron…
Canadian Royalties Rejects Jien’s Hostile Bid
Canadian Royalties (CZZ-T, CRYAF-O), operator of the delayed Nunavik nickel project in northern Quebec, has told its share and debenture holders to reject a hostile takeover offer by Jien Canada Minin…
Letter to the editor: Groia’s NI 43-101 Proposal Would Paralyze Industry
I read with astonishment the commentary “NI 43-101 gives false sense of security” ( T. N. M., Aug. 31-Sept. 6/09). While largely correct, in fact the recommendations for yet more rigid supervision of …
M&A Gets Nasty As Metals Rebound
One sign metal prices are firmly rebounding has been the resurgence in boardroom battles and hostile takeovers, and their increasingly belligerent tones.
People (September 07, 2009)
ArcelorMittal — Malay Mukherjee has resigned as a director.
TSX Venture Exchange Aug. 25-31
The S&P/TSX Venture composite index capped off the month of August with a small 8.42-point loss over the Aug. 25-31 reporting period, closing at 1,183.67. The Venture exchange finished the month m…
Spot Prices (September 07, 2009)
COURTESY OF SCOTIABANK