TSX down nearly 4%, Feb. 5-9
In one of the most brutal and volatile trading weeks in recent memory, the S&P/TSX Composite Index fell 571.5 points, or 3.7%, to 15,034.53. The downturn — which started in…
Articles by Trish Saywell
Premier plans ‘big year’ in Nevada
Having lopped off more than half of its debt last year and with over $100 million in the bank, Premier Gold Mines (TSX: PG) is primed and ready for a…
Liberty Gold tables maiden resource for Goldstrike
Liberty Gold (TSX: LGD) has completed the first resource estimate on its flagship, wholly owned Goldstrike oxide gold project in southwestern Utah. The project lies near the Nevada border in…
First Cobalt finds new mineralization at Keeley
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has found near-surface disseminated cobalt and silver mineralization outside the veins that were the focus of historic underground mining at its Keeley project near…
New DRC mining code upsets miners
A new mining code in the Democratic Republic of the Congo that would raise royalties on metal production and eliminate a stability clause enshrined in the previous 2002 charter that…
Chakana surges on Venture debut
Shares of Chakana Copper (TSXV: PERU) gained 78% on their first day of trading and the release of assays from five shallow drill holes at the company’s Soledad copper-gold-silver project…
Mountain Province to acquire Kennady Diamonds in all-share friendly deal
Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD), which owns 49% of the Gahcho Kue diamond mine in the Northwest Territories, plans to acquire Kennady Diamonds (TSXV: KDI), whose Kennady North…
TSX Venture trends higher, Jan. 22-26
The S&P/TSX Venture Composite Index rose 1.18% to finish the trading week at 890.80. High-grade sample results at its Cerro Blanco gold project in Guatemala sent shares of Bluestone Resources…
US equity indexes move higher, Jan. 22-26
The Dow Jones Industrial Average advanced 2.09% to 26,616.71 and the S&P 500 Index gained 2.23% to 2,872.87. The Philadelphia Gold & Silver Index jumped 2.66% to 90.31 on the…
New Age options Manitoba projects to Azincourt
New Age Metals (TSXV: NAM; US-OTC: PAWEF) is probably best known for its River Valley project near Sudbury in northwestern Ontario, now the largest undeveloped platinum group metals (PGM) project…
Rio Tinto deepens presence in Mongolia
A week after the Mongolian government hit Turquoise Hill Resources (NYSE: TRO) with a US$155-million tax bill associated with the Oyu Tolgoi copper-gold mine, Rio Tinto (NYSE: RIO; LON: RIO),…
China’s Zhaojin becomes cornerstone investor in Sabina
One of China’s largest gold companies has invested $66 million for a 9.9% stake in Canada’s Sabina Gold & Silver (TSX: SBB), a junior that is advancing its wholly owned…