Short Position Report
TSX Short Positions Short positions outstanding at Apr. 15/12 (with changes from Mar….
Articles by Northern Miner Staff
AuRico focuses on gold assets, divests El Cubo to Endeavour Silver
VANCOUVER — Toronto-based AuRico Gold (AUQ-T, AUQ-N) completed the sale of its El Cubo silver-gold mine in Mexico’s Guanajuato state and its Guadalupe y Calvo silver-gold exploration project in Mexico’s Chihuahua state…
First resource for Cliffs’ and First Point’s Decar
VANCOUVER — A maiden resource estimate on Cliffs Natural Resources’ (CLF-N) and First Point Minerals’ (FPX-V) Decar project in northern British Columbia has put almost 3 billion lbs. nickel in the ground.
Asian investment creates buzz about South American Silver
High-tech investors, materials manufacturers and end users of indium and gallium from Taiwan, Hong Kong, Japan and Korea have invested US$16 million in South American Silver (SAC-T, SOHAF-) in a private placement that has brought the…
Ivanhoe completes scoping study on Mount Elliott
Ivanhoe Australia’s (IVA-T, IVA-A) acquisition in September 2010 of the Osborne copper-gold processing complex in northwestern Queensland will help transform the company into a significant base metal producer and much of its mill feed is…
Venture continues decline in April 9 – 14 period
VANCOUVER — There was no end to the S&P TSX Venture Composite Index decline in the April 9-14 period, with the index dropping 21.11 points to 1,459.93 points. The continued decline of the index has left investors hesitant, with…
Endeavour takes root in West Africa’s goldfields through organic growth
VANCOUVER — Endeavour Mining (EDV-T, EVR-A) has ambitions of being the next mid-tier gold outfit. With two West African mines already in steady-state production, a third moving towards feasibility, and an aggressive US$30 million…
Gran Colombia to double Segovia’s output
Gran Colombia Gold (GCM-T) expects to nearly double production at its Segovia gold operation in Colombia to 130,000 oz. in 2012, targeting an annual output of 200,000 oz. by 2014.
China’s slowed growth hurts TSX, April 9-13
The S&P/TSX Composite Index slid for the seventh week, ending April 9-13 down 63 points at 12,040.39 as investors assessed China’s growth data and Europe’s continuing debt crisis.
SouthGobi warns of a possible suspension of activities
Just two weeks after the Aluminum Corporation of China announced that it intended to make a proportional takeover bid for up to 60% of SouthGobi Resources’ (SGQ-T) issued and outstanding shares, and Ivanhoe Mines (IVN-T, IVN-N, IVN-Q)…
U.S. equities post back-to-back weekly losses
U.S. stocks recorded their worst weekly loss since the middle of December with the Dow Jones Industrial Average plunging 210.55 points or 1.61% to finish the Apr. 9-13 trading week at 12,849.59 and the S&P 500 index retreating 27.82 points…
Platinum Group Metals scores South African mine permits
Vancouver-based developer Platinum Group Metals (PTM-T, PLG-X) is looking to fill a gap in mid-term platinum group metals (PGM) supply. And with a mining permit in hand for its Western Bushveld platinum joint venture in South Africa, the…