Canada’s Northwest Territories is relatively remote, but endowed with mineral potential. Despite the region’s harsh winters and infrastructure deficit, the Northwest Territories hosts Canada’s largest and oldest producing diamond mines,…
While the gold price erased most of the headway it made in early 2016, it still exited the year up 8.5% at US$1,150.90 per oz., snapping three years of consecutive…
The S&P/TSX Composite Index slipped 0.3% to 15,287.59 during the last week of 2016. While Canada’s benchmark index exited the year on a soft note, it gained 17.5% since the…
Guyana Goldfields (TSX: GUY) lightened its debt load just before the new year. Guyana Goldfields, which operates the Aurora gold mine in Guyana, has refinanced its US$160-million debt facility dated Sep….
A lowered guidance for gold production and a shrinking resource estimate sent Perseus Mining (TSX: PRU; ASX: PRU) shares reeling in mid-December. After markets closed on Dec. 14, the West…
Canada’s largest stock market weakened, after the U.S. Federal Reserve raised its short-term interest rate by a quarter of a percentage point to between 0.5% and 0.75%. The spot gold…
Arizona Mining (TSX: AZ) shares slightly recovered on promising assays from the Taylor zinc-lead sulphide deposit at its Hermosa property, following a sharp decline after a mining publication raised concerns…
Montreal-based Matamec Explorations (TSXV: MAT) is dividing its gold and energy-related projects into two entities in hopes of gaining more traction among investors. “Our strategy is to split Matamec into…
U.S. indexes finished strong, despite lower gold and oil prices. The Dow Jones Industrial Average gained 3% to close at 19,756.85. The S&P 500 Index also rose 3% to 2,259.53…
KHABAROVSK, FAR EAST RUSSIA — IG Copper (IGC), a privately held U.S. company, is making headway at its 51% held Malmyzh copper-gold porphyry project in Far East Russia, near the…
Continental Gold (TSX: CNL; US-OTC: CGOOF) shares have seen a boost since the company announced it has received the last two approvals needed to wrap up major permitting at its advanced …
Excelsior Mining (TSXV: MIN) shares have jumped 17% since the company tabled a positive feasibility study on the North Star deposit of its Gunnison copper project in southeastern Arizona. The project,…
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