Short Position Report
TSX Short Positions Short positions outstanding at Sept. 15/12 (with changes from Aug….
Articles by Northern Miner Staff
MAC focuses on transparency, free trade
VANCOUVER — For Mining Association of Canada (MAC) president and CEO Pierre Gratton, the future of the nation’s mining industry lies in clear-cut regulatory reform and the cultivation of global free trade arrangements geared…
Queensland’s new coal royalties upset miners
Australia’s biggest miners say the Queensland government’s move to hike royalties on coal operations will cause more job losses and project cancellations in the troubled sector.
TSX Venture surges Sept. 10-14
VANCOUVER — The S&P TSX Venture Composite Index rose 41.4 points or 3.24% to close near 52-week highs at 1,318.1 points during the Sept. 10-14 trading sessions. An announcement by U.S. Federal Reserve chairman Ben Bernanke on a third…
TSX catches the QE3 wave
The next round of quantitative easing (QE) finally came and it was good news for commodity prices and the commodity heavy TSX Composite Index, which grew by 242 points to 12,499.47 points for the Sept. 10-14 period.
US stocks up on QE3, Sept. 10-14 week
U.S. stocks gained for a second consecutive week, pushing the Standard & Poor’s 500 Index up to the highest level since December 2007, as the U.S. Federal Reserve unleashed a third round of quantitative easing, or QE3, to prop up the…
TSX Venture Exchange
The TSX Venture Exchange collected itself and resumed its forward march. After falling four straight days the week before, the holiday shortened period saw the index climb 31 points to 1,276.71 points, on the back of renewed enthusiasm for…
U.S. markets
Hope for more stimulus from the U.S. Federal Reserve after disappointing jobs data in August; the Chinese government announcing a US$150-billion infrastructure-building program; and news that the European Central Bank plans to buy more…
Short position reports
TSX Short Positions Short positions outstanding at Aug 31/12 (with changes from Aug 15/12). Largest Short Positions Security Ticker Total Short Change Lundin Mining LUN 44646706 476706…
Exchange rates
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Sept 10 Sept 7 Sept 6 Sept 5 Sept 4 US$ in C 0.9762 0.9778 0.9825 0.9902 0.9863 …
Lundin bets on exploration at Neves-Corvo
On Sept. 4 Toronto-based producer Lundin Mining (LUN-T) released results from an expansive, 90,000-metre resource drill program at its wholly owned Neves-Corvo polymetallic mine — including copper, zinc, lead, silver and gold — 100…
Inmet bids for Petaquilla
In what looks like a move to tidy up the neighbourhood, Inmet Mining (IMN-T) is offering to buy Petaquilla Minerals (PTQ-T) for $112 million in cash or equity. Petaquilla operates the Molejon gold mine in Panama, adjacent to Inmet’s Cobre…