TSX Venture Short Positions (February 16, 2009)
Short positions outstanding at Jan. 31/09 (with changes from Jan. 15/09).
News
Century Mining Digs Up $66M Financing
Century Mining (CMM-V, CMNZF-O) has joined a growing group of mining companies trying to weather the financial storm through alternative financing solutions.
Bidding War Erupts For Frontera Copper
A bidding war is emerging for Frontera Copper (FCC-T, FRCPF-O) that is pitting the Invecture Group against Southern Copper Corp. (PCU-N).
Sacked CEO Fights To Replace Polar Star Board
Polar Star Mining’s (PSR-V, POSRF-O), ex-president and CEO Douglas Willock is rallying shareholders to help him replace the company’s board of directors — namely, executive chairman Stephen G. Roman.
Golden Hope Hits New Mineralization
Assay results from Golden Hope Mines (GNH-V, GOLHF-O)’ Bellechasse property confirm the company has hit upon a second mineralized body at its Quebec gold project.
TSX Short Positions (February 16, 2009)
Short positions outstanding at Jan. 31/09 (with changes from Jan. 15/09).
Xstrata Chops Jobs, Output In Sudbury
Continued low nickel prices are forcing Xstrata (XSRAF-O, XTA-L) subsidiary Xstrata Nickel to accelerate the downsizing of its nickel mining and milling assets in Ontario’s Sudbury basin.
Orex Adds Zones At Goldboro
Strong results from Orex Exploration’s (OX-V) drilling in Nova Scotia helped secure the Rouyn- Noranda, Que.-based junior some market momentum.
Canadian Gold Mutual Funds (February 16, 2009)
Fund name Feb. 9 Jan. 26 Change Change YTD MER* Assets* ($) ($) (%) (%) (%) (M$) AGF Pr Mtl 20.14 18.82 1.32 7.0 10.90 2.60 540.4 Altamira Pr & Str Mtl 9.40 8.98 0.42 4.7…
Livengood Grows To 6.8M Oz. Gold For Tower Hill
VANCOUVER — With its Livengood project, 110 km north of Fairbanks, Alaska, International Tower Hill Mines (ITH-V, THM-X) already had a significant gold deposit amenable to bulk-tonnage heap leaching …
Hecla Restructures Debt, Raises US$65.6M
Hecla Mining (HL-N) is juggling debt and issuing shares to help repay a loan it took to buy out its majority partner Rio Tinto (RTP-N, RIO-L) at their co-owned Greens Creek silver mine, near Juneau in…
Forsys Grows Valencia
Forsys Metals (FSY-T, FOSYF-O) continues to grow the Valencia uranium deposit in Namibia, even though the project will not likely be under its control for much longer.