The mid-August rebound of the S&P/TSX Venture Composite Index came to a halt as four days of losses pulled the index down 11.14 points to 1,240.74. Volume was in-line with recent weeks at an average of 71.4 million shares traded daily,…
The Vancouver area is well known as a hub for mining expertise and head offices, but much less so as a suitable location for an active field office. But for New Carolin Gold (LAD-V) — with its eponymous Carolin mine project sitting 160 km…
Hopes of further liquidity injections from the U.S. Federal Reserve following a speech on Aug. 31 by Chairman Ben Bernanke sent gold prices higher and helped stem losses on U.S. equity markets. Bernanke’s remarks that the central bank is…
Three years ago the area around Banro’s (BAA-T, BAA-N) Twangiza gold deposit in the Democratic Republic of the Congo had no passable roads, power, workable infrastructure or skilled mining labour. Today, the Twangiza oxide mine near the…
SPOT PRICESCourtesy of ScotiaBankTuesday, September 4, 2012 Precious MetalsPrice…
Vancouver-based explorer Reservoir Minerals (RMC-V) is seeing its 2012 exploration program at its Timok copper-gold property in Eastern Serbia pay off in a big way, and major producer Freeport-McMoRan Copper & Gold (FCX-N) has taken notice….
The political winds are turning against miners in Canada, with the Sept. 4 victory of the tax-and-spend Parti Québécois in Quebec and the pro-mining Liberal party in B.C. on its last legs, and looking to be replaced by the…
Dundee Capital Markets has hiked its 12-month target price on Keegan Resources (KGN-T, KGN-X) 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$246 million at its flagship…
Thompson Creek Metals (TCM-T, TC-N), like many mining companies, has had a tough ride over the last year. Slowing metal demand from China and falling prices have teamed up to tackle the company’s share price. In January 2011 the…
It’s been a busy summer in the corporate offices of Mindoro Resources (MIO-V), and now the company has stellar results from the field to throw into the mix.While the past few months have been more about private placements and…
Continental Gold (CNL-T) has the green light to start underground development at its Buritica project in Colombia.The company has had its environmental-impact assessment (EIA) approved, but it needs modifications to the EIA before it can…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date Sept 3 Aug 31 Aug 30 Aug 29 Aug 28 US$ in C n/a 0.9926 0.9926 0.9875 0.9864 …
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