Short Position Report
Short positions outstanding at June 15/14 (with changes from May 31/14).
Articles by Northern Miner Staff
Quebec government relaunches Plan Nord
VANCOUVER — The newly elected Liberal government in Quebec is returning to the resource roots of the last Liberal government with a budget that restores Plan Nord, the strategy to encourage mineral and energy development in the…
Pilot hits oxide gold at Kinsley, pursues Cadillac
VANCOUVER — With just a few holes Pilot Gold (TSX: PLG; US-OTC: PLGTF) has defined another gold zone at its Kinsley Mountain gold project in Nevada, just a kilometre away from the high-grade Western Flank zone it discovered less than a…
Royal Nickel strikes again with True North
Less than two months after Royal Nickel (TSX: RNX; US-OTC: RNKLF) acquired a strategic 25% stake in Sudbury Platinum, which is advancing the Aer-Kidd nickel–cobalt–platinum group metals project in the Sudbury basin, the junior has…
TSX soars, June 9-13
The Toronto Stock Exchange climbed near the record high it reached six years ago, with the S&P/TSX Composite Index adding 163 points to end at 15,001.61, slightly below the record close of 15,073 set in June 2008 before the recession.
B2Gold to acquire Papillon Resources
Over the last six years, B2Gold (TSX: BTO; NYSE-MKT: BTG) has looked at scores of properties that it considered adding to its portfolio of assets, which includes two mines in Nicaragua, one mine in the Philippines, another under construction in…
TSX Venture on the rise, June 9-13
The S&P/TSX Venture Composite Index finished in the black for the second straight week, up 9.88 points to close at 997.33. Oil futures were driven upward by political instability in Iraq, while the U.S. Commerce Department reported retail…
Euromax set to build Macedonia’s first ‘modern mine’
VANCOUVER — London-based Euromax Resources (TSXV: EOX) is on the verge of making history by building the first modern-day mine in Macedonia. The company has tabled a prefeasibility study on its Ilovitza gold–copper…
Timmins Gold execs under fire from Sentry
VANCOUVER — Gold miner Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is being targeted by dissident shareholder Sentry Investments in a proxy fight that aims to replace six of the firm’s eight board members.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, June 17 2014 Precious MetalsPrice…
Tentative deal could end lengthy South African platinum strike
VANCOUVER — An agreement in principle looks set to end the longest strike in South Africa’s mining history, 21 weeks after more than 70,000 platinum miners walked off the job demanding a near tripling of wages.
U.S. equities waver on global tensions, June 9-13
An insurgency by a radical Islamist group in Iraq and renewed tensions in the Ukraine put downward pressure on U.S. equity markets during the week, but pushed oil and gold prices up, lifting the fortunes of many precious metal companies. The…