VANCOUVER — With three successful gold operations in China, Vancouver-based producer Eldorado Gold (ELD-T, EGO-N) has established a strong track record in a mining jurisdiction that offers a variety of challenges for international…
Dundee Capital Markets has hiked its twelve-month target price on Keegan Resources (KGN-T) by $1.50 to $5.50 per share after the West Africa-focused junior outlined ways of cutting capital costs by as much as US$246 million at its flagship…
The Dow Jones Industrial Average and the S&P 500 ended a five-week winning streak despite glimmers of hope that the U.S. Federal Reserve may provide more stimulus and news that the European Central Bank is debating whether to set targets in…
TSX Short Positions Short positions outstanding at Aug 15/12 (with changes from July…
The S&P/TSX Composite Index slipped 7.66 points during the Aug. 20-24 trading week to close at 12,082.23.
SPOT PRICESCourtesy of ScotiaBankTuesday, August 7, 2012 Precious MetalsPrice…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Aug 6 Aug 3 Aug 2 Aug 1 July 31 US$ in C n/a 0.9986 1.0062 1.0017 1.0014 …
MAG Silver (MAG-T, MVG-X) has approved a US$25-million budget for mine permitting and underground development work at its Juanicipio silver project in Mexico’s Zacatecas state, a joint-venture with Fresnillo (FNLPF-O, FRES-L).
The final results from Cobriza Metals’ (CZA-T) first drill campaign at its Arikepay polymetallic project in Peru are in, and they continue to indicate that the company is on to a large porphyry system.
The Dow Jones Industrial Average and the S&P 500 Index posted gains for the sixth consecutive week, buoyed by comments from German Chancellor Angela Merkel that she supports the European Central Bank’s efforts to fight debt, and…
Led by association president Dean Rogers, northern Ontario’s Porcupine Prospectors and Developers Association has erected three bronze statues to honour legendary gold mine finders (from left): Jack Wilson of the Dome mine, Sandy McIntyre…
The S&P/TSX Composite Index jumped 199 points, or 1.7% during the trading week, to close at 12,089.89. The boost came in part from positive economic data and Germany’s commitment to save the euro currency union. The S&P/TSX Global…
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