Short Position Report
Short positions outstanding at Mar. 15/14 (with changes from Feb. 28/14).
Articles by Northern Miner Staff
Metals, mining and money markets
Spot pricesCourtesy of Scotiabank Tuesday, March 11 2014Precious MetalsPrice…
Franco-Nevada’s Harquail: Short-term investment focus has to go
David Harquail, president and CEO of gold royalty company Franco-Nevada, first came to the Prospectors & Developers Association of Canada (PDAC) convention when he was a kid in the sixties. His job was to transport rye and scotch from his…
More disciplined M&A on tap for gold miners in 2014
When the market was hot from 2010 through 2012, mid-tier Alamos Gold (TSX: AGI; NYSE: AGI) stayed on the sidelines of an otherwise active M&A scene because valuations for companies were “through the roof,” says the…
Editorial: Oliver rises to finance minister
Although the move was long anticipated due to his chronic ill health, it still felt surprising that Canada’s third-longest serving finance minister, Jim Flaherty, was finally resigning from cabinet after eight years in the post.
TSX Venture loses ground, March 10-14
The S&P/TSX Venture Composite Index lost 9.35 points during weekly trading en route to a 1,033.64-point close. Reports out of China indicated growth rates across industrial sectors had dropped to multi-year lows, while markets also…
U.S. markets falter while gold rises, March 10-14
Investors turned jittery over the period, with the Dow Jones Industrial Average down 388 points to 16,065.67, the S&P 500 Index shedding 36 points to 1,841.13 and the Nasdaq Composite Index 87 points lower to 4,245.40.
Global uncertainty weighs on TSX, March 10-14
China’s first corporate bond default and fears of a slowdown in the Chinese economy and concern over the crisis in the Ukraine ahead of a referendum in Crimea combined to send the S&P/TSX Composite Index down 0.50% to 14,227.66 and…
Gabriel to fire 400 employees in Romania
Gabriel Resources (TSX: GBU; US-OTC: GBRRF) is set to reduce its workforce by 80%, or 400 employees, at its Rosia Montana gold–silver project in Romania if the new government makes no clear move to advance the project.
San Jose yields more high grades
VANCOUVER — Partners McEwen Mining (TSX: MUX; NYSE: MUX) and Hochschild Mining (LSE: HOC; US-OTC: HCHDF) more than replaced the mined-out reserves at their San Jose mine in Argentina in 2013, despite the operation producing 33% more gold…
B2Gold, AngloGold put Gramalote on ice
Gramalote’s chances of becoming one of the first modern commercial scale gold mine in Colombia have been diminished, as B2Gold (TSX: BTO; NYSE-MKT: BTG) released a preliminary economic assessment (PEA) of the project and said it…
Enexco jumps on uranium hit at Mann Lake
International Enexco (TSXV: IEC) saw its shares climb 23% after announcing the thickest and highest grade hit yet from its 30%-held Mann Lake uranium property in Saskatchewan’s prolific Athabasca basin.