Short Position Report
TSX Short Positions Short positions outstanding at June 30/13 (with changes from June…
News
Rye Patch settles claim dispute with Coeur Mining
VANCOUVER — It took nearly two years, but Vancouver-based junior Rye Patch Gold (RPM-V) has finally reached a legal settlement with U.S.-based silver producer Coeur Mining (CDM-T, CDE-N) over ownership of 400 unpatented mining claims that…
Greenland’s timeless allure
Avannaa Resources is a privately held exploration company founded by three geologists from Britain and Denmark who pooled their interest and experience in Greenland. It may be an unfamiliar name to many, but over the last nine months, the…
Editorial: This is what a washout looks like
Barrick Gold is the world’s leading gold company, and its Pascua-Lama gold-silver megaproject under construction on the Chilean-Argentine border is its leading development project. And so the gold industry watches in dismay as the major…
U.S. markets, June 24-28
U.S. markets rebounded from fears in the previous period that the Fed would taper off quantitative easing. The markets stabilized after the Fed said that QE would not slow down any time soon. This brought the S&P 500 Index up 18 points to…
OSC finds ‘unacceptable’ non-compliance among miners
The Ontario Securities Commission (OSC) has reported there is an “unacceptable” level of non-compliance when it comes to exploration and mining firms disclosing required information in technical reports — a vital document used…
Azumah works to grow planned pits at Wa gold project
VANCOUVER — Continued gold intercepts from drilling between various pits at the proposed Wa gold mine in Ghana suggest that owner Azumah Resources (AZR-V) could reveal a larger gold reserve in its pending feasibility study update.
TSX Venture Exchange, June 24-28
The S&P/TSX Venture Composite Index has been slipping for four weeks after dropping 1.6%, or 14.39 points, en route to a 881.40-point weekly close. It has lost around 9%, or 87.66 points, since the first week of June.
Alacer looks to shed Australian mines
There are knocks on the door for Alacer Gold’s (ASR-T) Australian assets, and the company is listening.
Toronto Stock Exchange, June 24-28
The Toronto Stock Exchange closed trading in positive territory, with the S&P/TSX Composite Index gaining 133 points, or 1.11%, to 12,129.11. Despite the boost, the index is down 2.45% year to date.
Royal Nickel’s Dumont reaches feasibility
Royal Nickel (RNX-T) has something to cheer about with a positive feasibility study tabled on its large-scale Dumont nickel-sulphide project in Quebec’s Abitibi region, 25 km west of the city of Amos and 60 km northeast from the…
Seafield envisions a smaller mine at Miraflores
VANCOUVER — Seafield Resources (SFF-V) has an updated preliminary economic assessment (PEA) in hand for its multi-million ounce Miraflores gold-silver deposit situated 100 km south of Medellin, Colombia, and the Toronto-based junior has…