Short Position Report
TSX Short Positions Short positions outstanding at Oct. 31/12 (with changes from Oct….
Articles by Northern Miner Staff
Cashed-up Largo to enlarge stake in Maracas
A $10 million private placement that closed on Nov. 1 gives strategic metals junior Largo Resources (LGO-V) the juice it needs to purchase the remaining 10% of the Maracas vanadium project in Brazil that it doesn’t already own.
TSX Venture soldiers on, Oct. 29-Nov. 2
VANCOUVER — The S&P TSX Venture Composite Index jumped 19 points or 1.44% during the Oct. 29 – Nov. 2 trading period before closing the week at 1,310.03 points.
TSX rises then pulls back
The TSX Composite Index managed to finish the Oct. 29 to Nov. 2 period 98 points higher at 12,380 points, despite giving back some of its earlier period gains.
Moneta Porcupine de-risks Golden Highway
Moneta Porcupine Mines (ME-T, MPUCF-O) and its Golden Highway project in northern Ontario could start generating some attention from mid-tier or major gold producers interested in bulk tonnage deposits in Canada, the junior’s management says.
Turquoise Hill secures power for Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N) rose more than 11% after announcing it has finalized the much anticipated power purchase agreement (PPA) for its Oyu Tolgoi copper-gold mine in Mongolia’s South Gobi desert.
Storm takes wind out of U.S. markets, Oct. 29-Nov.2
U.S. markets were closed for an historic two-day period during the Oct. 29-Nov. 2 trading week, as one of the most damaging storms ever to strike the U.S. northeast left more than one hundred people dead. When the markets re-opened, they…
Commentary: The uses and abuses of temporary foreignworkers in BC
The following is an open letter from Mark Olsen, president of the Bargaining Council of B.C. Building Trade Unions, to Canadian Prime Minister Stephen Harper and B.C. Premier Cristy Clark.
Queensland lifts ban on uranium mining
It has taken 23 years, but the state government of Queensland has finally overturned a ban on uranium mining. The prohibition on uranium processing and waste storage, however, remains in place.
Teck wobbles in third quarter
Teck Resources (TCK-T, TCK-N) produced a record 99,000 tonnes of copper in the third quarter, up 29% year-on-year, but lower commodity prices and sale volumes for its steelmaking coal sent the miner’s adjusted net earnings down to $349…
Editorial: Anglo CEO presses ‘eject’ button
Late October was notable for the sudden and unexpected resignation of Cynthia Carroll as CEO of London-based mega-miner Anglo American, widely seen as a giving in to strong shareholder pressure to step down. It brings to an end this particular…
Frontier Rare Earths inks new deal with Kores
A little under a year ago, South Korean government-owned mining and natural resources investment company Korea Resources Corp. (Kores) signed a deal with Frontier Rare Earths (FRO-T) to take a 10% interest and get the rights to an equal…