TSX Venture closes above 700, May 19-22
The S&P/TSX Venture Composite Index registered gains during the shortened period, as it jumped 1.2%, or 8.17 points, before finishing at 703.48 points.
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Short Position Report
Short positions outstanding at May 15/15 (with changes from April 30/15).
Suppliers news: With new owner ESG Solutions set to expand, focus on R&D
Since acquiring ESG Solutions in December 2014, Spectris (US-OTC: SEPJF; LSE: SXS) is overseeing its new division’s expansion plans in the mining and geotechnical space, and ESG has boosted its research and development (R&D) and…
Barrick’s Alturas discovery could be the next Veladero
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has uncovered a hidden gold deposit known as Alturas, in Chile’s gold-rich El Indio district, 30 km south of the former El Indio mine.
Suppliers news: Fasken Martineau named mining law firm of the year
Fasken Martineau has earned this year’s Global Mining Law Firm of the Year Award by law firm researcher Who’s Who Legal. The honour represents the seventh time the firm has gotten the distinction in the area of mining.
TSX Venture edges up, May 11-15
The S&P/TSX Venture Composite Index eked out a 4.16-point gain over the trading session to close at 695.31. The index has been stuck at late-2008 levels of 700 points and below since November.
PearTree helps industry give back via charity flow-through
VANCOUVER — It’s not too often that a capital financing structure can be described as a true win-win situation. PearTree Financial has come close, however, with its innovative flow-through donation program, which helps mining…
Southern Copper rejects bribery accusations
In the latest drama unfolding at Southern Copper’s (NYSE: SCCO) embattled Tia Maria project in Peru, the company has dismissed allegations that a lawyer, who used to work for the company, tried to bribe protestors on behalf of the company.
Golden Arrow forges ahead with feasibility at Chinchillas
VANCOUVER — It’s tough times for junior exploration, but Golden Arrow Resources (TSXV: GRG: US-OTC: GARWF) has persevered at its flagship Chinchillas silver-lead-zinc property, 280 km from San Salvador de Jujuy, Argentina. With…
Wall Street gains, May 11-15
China cut interest rates for the third time in six months to shore up its economy, just as weaker-than-expected industrial production, retail sales and consumer sentiment in the U.S. cast a pall over the economy and hinted that the…
Newmarket Gold’s dream team aims to consolidate industry
VANCOUVER — If past success is an indicator for future prosperity, Newmarket Gold (TSXV: NGN) could very well be on its way to the top. The company’s board and management roster includes a variety of industry heavy hitters with…
Cordoba entices Friedland’s HPX to explore Colombia
VANCOUVER — It’s been over a year since Mario Stifano, president and CEO of Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) shared an elevator with international financer Robert Friedland and sparked the billionaire’s interest in…