TSX Venture positions
Short positions outstanding at Jan. 15/12 (with changes from Dec. 31/11).
2012
Advancing a second key iron ore asset in Nunavut: Tuktu
Advanced Explorations (AXI-V) took another step in its bid to mold itself into a significant iron ore miner in Canada’s Far North.
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Hudson River gains 189% on Wawa gold
Shares of Ontario-focused explorer Hudson River Minerals (HRM-V) surged on assays from its recent drill program at the Forge Lake gold property, near Wawa, Ont.
Unigold’s Dominican gold intercepts draw interest
Dominican Republic-focused Unigold (UGD-V) saw its share price double on news of some impressive gold intercepts from its Neita property in the country’s northwest corner.
Patience and perseverance set to pay-off for Axmin?
Trying to build a gold mine in a sub-Saharan African country that has never had a modern mine is never an easy task. But the process seems to have been particularly arduous for Axmin (AXM-V).
Orezone turns asset to cash in Burkina
Being in a gold rich company before the rest of the world gets turned on to it can pay some handsome dividends as Orezone Gold (ORE-T) is proving in Burkina Faso.
Salazar gains on Lundin’s investment
Salazar Resources (SRL-V) climbed 18% on news that Lundin Mining (LUN-T) acquired a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units priced at 50¢ apiece.
Malaysia gives Lynas temporary licence
Shares of Lynas Corp. (LYC-A, LYSDY-O) closed 19% higher at A$1.59 on the Australian Stock Exchange following news that, after a year of delay, Malaysia has approved a temporary operating licence for the rare earth separation plant the company…
First Point shares up 105% so far in 2012
The junior mining sector is off to a fantastic start in 2012 and few companies have seen their share price rise as much as First Point Minerals (FPX-V). The company’s shares are up 105% since Dec. 30, climbing from a near-52-week low of…
Glencore, Xstrata in merger talks
Commodities trader Glencore (glen-l) is looking to combine with Xstrata (xta-l) in a possible all-share merger of equals, which will see the combined entity dominate the global markets for thermal coal, zinc, lead and ferrochrome, and become a…
Great Western to reap Chinese expertise
Over the last month Great Western Minerals (GWG-T) has completed a joint-venture with the Chinese to build a rare earth separation plant near its Steenkampskraal mine in South Africa, about 350 km north of Capetown, and successfully carried out…