Short Position Report (June 07, 2011)
TSX Short Positions Short positions outstanding at May 31/11 (with changes from May…
News
Pretium plans Brucejack high-grade mine
Vancouver – Pretium Resources (PVG-T) has completed a preliminary economic assessment on its Brucejack gold-silver project in northern British Columbia a little more than six months after acquiring the project and listing itself on the Toronto…
Osisko’s Malartic tale of guts and glory (June 07, 2011)
When pressed about some of the many challenges he faced developing the Malartic gold deposit in Quebec into a commercial mine during one of the toughest economic times this century, Sean Roosen admits sleep deprivation was one of them.
Peruvian mining stocks plunge after leftist Humala wins elections
Peruvian-focused mining stocks nose dived Monday after left-wing populist candidate Ollanta Humala appeared to have narrowly won Peru’s presidential electoral run-off held on Sunday, June 5. With 88% of the ballots counted, Humala had 51.3% of…
Venture heads back down after short rebound
Vancouver – After a short upward climb the S&P TSX Venture Composite Index headed back down in the May 30 to June 3 trading period. The index dropped 45.05 points over five days of losses to 2,055.62 points on especially low volumes,…
Canadian economy looks good but TSX falls
The market continued to dash the hopes of bulls as the TSX Composite Index fell 293 points for the May 30 to June 3 despite some positive developments in the Great White North’s economy.
New lithium junior gets ready to explore (June 06, 2011)
Newly listed International Lithium (ILC-V) spent two years cherry picking projects, securing a strategic partner and fulfilling a plan of arrangement in May, and now is ready to get the drills turning on its lithium and rare metal properties.
U.S. markets post fifth straight week of losses
U.S. markets were closed for the Memorial Day holiday on May 30 and when they re-opened posted their fifth straight week of losses. Disappointing economic data confirmed the U.S. economic recovery has hit a soft spot, with the jobless rate…
Deseado Massif reveals more high grade discoveries (June 06, 2011)
Argentina’s Deseado Massif has seen ongoing precious metals exploration for close to 20 years, but junior explorers continue to demonstrate the area’s significant hidden potential.
NovaGold CEO chats progress, George Soros
NovaGold Resources (NG-T, NG-N) held its first live broadcast of the company’s annual general meeting of shareholders on May 25, with long-time Chief Executive Officer Rick Van Nieuwenhuyse providing a pleasing roundup of the company’s work…
Osisko warms to Threegold prospects
Two of Threegold Resources’ (THG-V) gold prospects in Quebec’s Abitibi region have showed up on Osisko Mining’s (OSK-T) radar this year.
Andina Minerals goes after the good stuff in Maricunga (June 06, 2011)
Andina Minerals (ADM-V) hopes to supercharge its promising Volcan gold project as it explores a number of high-grade targets around its initial Dorado deposit, situated 120 km east of this mining centre in Chile’s Atacama Desert.