Short Position Report (December 06, 2010)
TSX Short Positions Short positions outstanding at Nov….
Articles by Northern Miner Staff
Miners carry TSX higher
Despite some poor economic indicators – such as Canada’s account deficit widening to its largest level since 1946 — investors were still holding to the theme of upside potential going forward. Such bullishness was supported by stronger…
Castle Resources finds more copper below mined-out ore bodies at Granduc
Toronto-based junior Castle Resources (CRI-V) wants to redevelop the past-producing Granduc copper mine near Stewart, British Columbia, which produced 420 million pounds of copper plus gold and silver credits between 1971 and 1984.
U. S. Markets end week on positive note despite poor jobs market
U.S. stocks finished the week with a strong performance, amid mixed economic data. While U.S. retailers reported strong November sales, a new jobs report showed unemployment had risen to a seven-month high of 9.8% in November as hiring slowed….
SouthGobi Resources inks alliance with Winsway Coking Coal
Shares of SouthGobi Resources (SGQ-T, 1878-SEHK) leapt $1.82 or 15.04% to $13.92 apiece by early afternoon in Toronto on news the company had signed a five-year strategic alliance to sell at least two million tonnes of coal a year to Winsway…
The speed of Alexco (December 06, 2010)
Alexco Resource (AXR-T, AXU-N) showed good pace in getting its Bellekeno silver mine in the Yukon up and running and the market has rewarded its efficiency.
Endeavour Silver secures $50M, ups bid for Cream
Endeavour Silver (EDR-T, EXK-A) is topping up its treasury with a bought-deal financing worth $50.1 million.
High-grade hits at Long Canyon for Fronteer
VANCOUVER — Fronteer Gold’s (FRG-T) Long Canyon project in Nevada is churning out long, high-grade gold intercepts as six drill rigs work to complete a 70,000- metre drill program in the run-up to an…
Rhyolite’s good samples
Rock and soil samples from highly altered metasediments at the Paxson gold project in eastern Alaska have yielded some interesting results for owner Rhyolite Resources (RYE-V).
Jayden pulls high grade at Silver Coin (December 06, 2010)
VANCOUVER — When results from the first five holes of a drill program include such intercepts as 40.6 metres grading 3.12 grams gold per tonne and 55 metres of 8.42 grams gold, the program can be lab…
EXCHANGE RATES (December 06, 2010)
CANADIAN/U. S. EXCHANGE (Bank of Canada noon rate) Date Nov 29 Nov 26 Nov 25 Nov 24 Nov 23 US$ in C$ 1.0227 1.0191 1.0083 1.0108 1.0245 C$ in US$ 0.9778 0.9813 0.9918 0.9893 0.9761…
INTERNATIONAL QUOTES (December 06, 2010)
Australia (A$) Aug 24 Aug 17 Change Aquila Resources 8.3 8.69 -0.39 Bendigo Mining 0.18 0.18 0.00 Centennial Coal 6.03 6.04 -0.01 Fortescue Res 4.50 4.56 -0.06 Iluka …