Short Position Report
Short positions outstanding at Mar. 15/14 (with changes from Feb. 28/14).
News
Gabriel to fire 400 employees in Romania
Gabriel Resources (TSX: GBU; US-OTC: GBRRF) is set to reduce its workforce by 80%, or 400 employees, at its Rosia Montana gold–silver project in Romania if the new government makes no clear move to advance the project.
Production underway at Cameco, Areva’s Cigar Lake
Cameco’s (TSX: CCO; NYSE: CCJ) Cigar Lake — one of the most technically challenging mining projects in the world — has started production after years of delays and mine plan re-engineering.
Integra eyes low-cost underground mine at Lamaque
VANCOUVER — Integra Gold’s (TSXV: ICG; US-OTC: KALRF) efforts to advance its Lamaque gold project in Val-d’Or, Que., to production were just rewarded with a preliminary economic assessment (PEA) predicting a mine with a 38%…
BlackRock’s tips for raising money as a private firm
Six years ago Sean Cleary raised a million dollars from family and friends and acquired an iron–titanium–vanadium property, 30 km southeast of Chibougamau in northern Quebec.
B2Gold, AngloGold put Gramalote on ice
Gramalote’s chances of becoming one of the first modern commercial scale gold mine in Colombia have been diminished, as B2Gold (TSX: BTO; NYSE-MKT: BTG) released a preliminary economic assessment (PEA) of the project and said it…
San Jose yields more high grades
VANCOUVER — Partners McEwen Mining (TSX: MUX; NYSE: MUX) and Hochschild Mining (LSE: HOC; US-OTC: HCHDF) more than replaced the mined-out reserves at their San Jose mine in Argentina in 2013, despite the operation producing 33% more gold…
Amara highlights ‘robust returns’ in Yaoure PEA
VANCOUVER — U.K.-based producer Amara Mining (LSE: AMA, US-OTC: CLUGF) looks to have a great West African story on its hands at its brownfield Yaoure gold property, 40 km northwest of the Côte d’Ivoire capital of…
More disciplined M&A on tap for gold miners in 2014
When the market was hot from 2010 through 2012, mid-tier Alamos Gold (TSX: AGI; NYSE: AGI) stayed on the sidelines of an otherwise active M&A scene because valuations for companies were “through the roof,” says the…
Franco-Nevada’s Harquail: Short-term investment focus has to go
David Harquail, president and CEO of gold royalty company Franco-Nevada, first came to the Prospectors & Developers Association of Canada (PDAC) convention when he was a kid in the sixties. His job was to transport rye and scotch from his…
Global uncertainty weighs on TSX, March 10-14
China’s first corporate bond default and fears of a slowdown in the Chinese economy and concern over the crisis in the Ukraine ahead of a referendum in Crimea combined to send the S&P/TSX Composite Index down 0.50% to 14,227.66 and…
Murenbeeld ‘mildly bullish’ on gold in 2014
Martin Murenbeeld, chief economist at Dundee Capital Markets, says he’s “mildly bullish” about this year’s gold price.