Short Position Report
Short positions outstanding at Feb. 28/14 (with changes from Feb. 15/14).
Articles by Northern Miner Staff
Reservoir Minerals raising $33 million in double financing
VANCOUVER — Investment dollars may be hard to rustle up these days, but Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has a recipe for a raise: release an initial resource estimate for a flagship project containing 3.8 billion lb. copper…
Sabina boosts Back River resource
VANCOUVER — With an 83,000-metre drill program completed last year, Sabina Gold & Silver (TSX: SBB) has grown and upgraded the resource at its Back River gold project in Nunavut a few months before a feasibility study gets underway.
TSX Venture holds steady, Feb. 24-28
After ascending for almost three weeks, the S&P/TSX Venture Composite Index treaded water over the trading period, ending the week up 3.71 points at 1,025.37. Trading activity remained strong, with an average of 77.9 million shares trading…
PDAC: Ned Goodman on China, gold and Warren Buffett
“If you think it’s all about money, if you think it’s all about gold, you’re right,” Ned Goodman, president and CEO at Dundee Corp. (TSX: DC.A), declared at a luncheon during the Prospectors & Developers…
Are brighter skies ahead for nickel prices?
Chairman and CEO Patrick Buffet of French nickel and manganese producer Eramet is calling Indonesia’s recent ban on the export of unprocessed nickel ores “a positive step towards restoring market balance,” after the…
Taseko denied New Prosperity
VANCOUVER — Despite a $300-million adaptation to save Fish Lake, the Canadian government will not allow Taseko Mines (TSX: TKO; NYSE-MKT: TGB) to build a $1.5-billion open-pit copper–gold mine at its New Prosperity project in…
Imperial taps debt markets for final Red Chris funds
VANCOUVER — With three new funding sources arranged, Imperial Metals (TSX: III; US-OTC: IPMLF) can see the finish line at Red Chris, the under-construction copper–gold project in northwest B.C. that will be Imperial’s fourth…
US markets continue to roll, Feb. 24-28
The U.S. equity market keeps defying experts’ warning of a correction, with the Dow Jones Industrial Average up 219 points to 16,321.71, the S&P 500 up 23 points to 1,859.45 and the Nasdaq up 35 points to 4,308.12 for the period.
TSX slips, Feb. 24-28
The S&P/TSX Composite Index dipped nearly 4 points to 14,209.59 during the trading week. Both the gold and diversified miners edged down. The S&P/TSX Capped Diversified Metals & Mining Index dropped 2.28 points to 835.14, while the…
Regulator approves Coalspur’s Vista
VANCOUVER — It looks like financing will be the last hurdle for Coalspur Mines (TSX: CPT, US-OTC: CSPZF) at its Vista thermal coal project, 10 km east of the town of Hinton, Alta. On Feb. 27 the Alberta Energy Regulator (AER) approved…
Commentary: It’s time gold miners act on unfair competition
Given some of the enormous gold sales on Comex last year, I was curious what it would take to mine that much ore.