Short Position Report
Short positions outstanding at Oct. 15/15 (with changes from Sept. 30/15).
Stock Markets/Investing
TNM Roundtable: Industry leaders debate new finance frontiers
Industry leaders weighed in on alternative financing at The Northern Miner’s roundtable discussion titled “New Frontiers in Mining Finance,” held in the offices of Newport Private Wealth in Toronto in early October. The…
US stocks rise, Oct. 2-8
U.S. equities advanced, with the Dow Jones Industrial Average climbing 4.8% to 17,050.75. The S&P 500 Index advanced 4.7% to 2,103.43 for its highest level in seven weeks. The Nasdaq Composite jumped 4% to 4,810.79. The spot price for gold…
Suncor goes hostile on Canadian Oil Sands
VANCOUVER — Low crude oil prices have driven market valuations in the energy industry to historic lows, and Suncor Energy (TSX: SU; NYSE: SU) is hoping to take advantage of the downcycle with a hostile bid for Canadian Oil Sands…
Higher oil and gold lift TSX, Oct. 2-8
Stocks gained ground as higher oil prices lifted the energy-heavy Toronto Stock Exchange, while the prospects of an interest rate increase in the U.S. receded further into the background. Brent crude futures posted four straight closes above…
Editorial: Navigating the new terrain of mine financing
In early October, The Northern Miner was privileged to play host to a roundtable discussion bringing together some of the heaviest hitters and nimblest minds on Bay and Howe streets to hash out the state of alternate finance methods in the…
TSX Venture rises, Oct. 2-8
The S&P/TSX Venture Composite Index rose 4.1%, or 21.5 points, en route to a 547.04-point close.
Short Position Report
Short positions outstanding at Sept. 30/15 (with changes from Sept. 15/15).
US equities pick up steam, Sept. 28-Oct. 2
Employment data from the U.S. Labor Department showing that 142,000 new non-farm jobs were created in September — far less than the 203,000 forecast — furthered expectations that the U.S. Federal Reserve would delay raising interest…
TSX Venture hits four-week low, Sept. 28-Oct. 2
The S&P/TSX Venture Composite Index fell for the second week, losing nearly 3%, or 15.94 points, en route to a 525.56-point close. The U.S. Labor Department reported surprisingly poor economic data, as the economy added just 142,000 workers…
Toronto stocks end mixed, Sept. 28-Oct. 2
The S&P/TSX Composite Index had a turbulent week, falling 0.3% to 13,339.74, despite cutting some of its earlier losses, after positive Canadian data. The country’s gross domestic product number for July came in at 0.3%, after two…
Balmoral offers a new way to play the Detour trend
VANCOUVER — Any investor on the lookout for a junior explorer offering base and precious metal exposure via emerging in-situ metal resources and strategic land positions, might take a second glance at Balmoral Resources (TSX: BAR;…