VANCOUVER — Denver- based Newmont Mining (NYSE: NEM) has been on the lookout for low-cost gold mines in favourable jurisdictions, and there likely isn’t a friendlier place for the company than its home state of Colorado. On June 8…
Renewed concerns over a potential Greek debt default and its effect on the euro pushed down Canada’s benchmark index. The S&P/TSX Composite Index fell 1.4% to 14,741.15. The S&P/TSX Global Gold Index dropped 3.2% to end at 154.27…
BitGold (TSXV: XAU), which offers a platform for savings and payments in gold, listed on the TSX Venture Exchange on May 13 at 90¢ per share, and since then the shares have traded as high as $8 apiece. The start-up shook up the markets…
VANCOUVER — For project generator Evrim Resources (TSXV: EVM; US-OTC: EMRRF) the ongoing down swing in commodity markets provides an opportunity to pick up previously unobtainable projects with promising exploration histories.
Many people try to find a correlation between inflation and gold price, often using the U.S. dollar as their base currency. They ignore that the biggest gold consumers — in rural parts of India and China — are not driven by…
VANCOUVER — Nevada Copper (TSX: NCU) has spent the past three years de-risking its Pumpkin Hollow copper project, 13 km southeast of Yerington, Nev., and the result has been one of the more intriguing undeveloped copper prospects not…
The S&P/TSX Venture Composite Index succumbed to falling commodity futures and global macroeconomic uncertainty during the trading period, dropping 2.60 points before closing at 689.85 points.
VANCOUVER — Copper-gold producer Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) has been on a strong run over the past eight weeks after promising press releases for its large-scale Oyu Tolgoi mine, 550 km south of Ulaanbaatar, Mongolia.
Canada’s benchmark stock index fell below 15,000 for the first time since mid-May, driven lower by concerns about how the Greek debt crisis will affect the eurozone, and strong jobs data in the U.S. that has caused many to believe the Fed…
TSX Short Positions Short positions outstanding at May 31/15 (with changes from May…
Uncertainty over Greece’s debt talks and a first-quarter contraction in the U.S. economy pushed stock indexes lower. Markets closed for the Memorial Day holiday, but when they reopened, the Dow Jones Industrial Average dropped 1.2% to…
The S&P/TSX Venture Composite Index lost ground, dropping 1.6%, or 11.03 points, before finishing at 692.45 points. The performance followed poor first-quarter results from the U.S. and Canadian economies, which both contracted over the…
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