VANCOUVER — Ten years of developing and permitting new technology, staking ground, flying surveys, mapping, sampling, and finally, identifying drill targets, is paying off for Garibaldi Resources (TSXV: GGI; US-OTC: GGIFF): it has hit a…
Gold’s poor cousin silver got its reputation a little more tarnished in mid-May, with London Silver Market Fixing Ltd. announcing that it would stop administering the London silver fix as of Aug. 15, 2014. On this date, the company will…
VANCOUVER — With a $150-million financing, executive chairman Robert Friedland and his team at Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) have sidestepped a cash crunch that could have impacted the company’s ability to advance its…
VANCOUVER — Exeter Resource’s (TSX: XRC; NYSE-MKT: XRA) Caspiche project in northern Chile hosts proven and probable reserves exceeding 19 million oz. gold and 4.6 billion lb. copper. Such a large deposit had Exeter envisioning a…
VANCOUVER — In the first drill program ever to test the 7,000 sq. km Block 14 property in Sudan, Orca Gold (TSXV: ORG; US-OTC: CANWF) pulled intercepts like 2.39 grams gold per tonne over 63 metres, 3.7 grams gold over 31 metres and 13.6…
The S&P/TSX Venture Composite Index had a tough run during the week, losing 14.55 points before closing at a four-month low of 976.55. Markets pulled back after the U.S. Federal Reserve revealed that U.S. industrial production had…
Falling gold prices and rising costs combined to take a bite out of Centerra Gold’s (TSX: CG) bottom line, although not to the extent analysts had expected.
Investors would be forgiven for not knowing it, but despite its relatively low price, the physical silver market is in a deficit.
Kinross Gold (TSX: K; NYSE: KGC) is meeting the challenge of lower gold prices the old-fashioned way: by driving down costs and producing more gold.
VANCOUVER — It’s no secret that Newmont Mining (NYSE: NEM) is looking to monetize its non-core assets, and that process has taken another step with the all-cash sale of the company’s Jundee underground gold mine, 45 km…
The S&P/TSX Composite Index has risen by more than 7% so far this year, but Canada’s main stock index fell 19.32 points to 14,514.74 during the trading week. The S&P/TSX Capped Diversified Metals & Mining Index rose 22.08…
With mixed economic news during the trading week, market participants tended towards a bullish interpretation. Despite the Dow Jones Industrial Average being down 73 points to 16,511.86, the S&P 500 Index fared better, swinging positive and…
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