News

U.S. stock markets were little-changed over the report period Dec. 1-7, but the mining stocks fell sharply. The S&P 500 index, representative of the broad market, was up 3.25 points to 1,177.07, but the XAU gold and silver index fell about 6% in t…

The report period Dec. 1-7 saw the price of gold fall US$1.60 to close at US$451.80 per oz. in the afternoon in London. All mining-related indices lost ground. The gold index fell 13.2 points, or 5.9%, to close at 209.30, and the diversified metal…

Precious metals, for the most part, traded in a narrow range over the trading period Dec.1-7. which saw a bit of weakness return to the junior mining sector. The TSX venture exchange index closed at 1712.19, down 37.2 points, or 2% lower from the…

Armed with a recently completed feasibility study, Yamana Gold (YRI-T) has begun construction at its Sao Francisco gold project, close to the Bolivian border in Mato Grosso state, Brazil.

Vancouver — Buoyant prices, driven largely by unquenched demand from China, has prompted Ivanhoe Mines (IVN-T) to evaluate a number of coal projects in the South Gobi region of Mongolia.