TSX gains momentum, Feb. 9-13
The Toronto stock market gained on the back of positive economic growth in Europe and better-than-expected data from Canadian manufacturers.
Gold
Teck, Pilot think small to boost Halilaga economics
VANCOUVER — Partners Teck Resources (TSX.B: TCK; NYSE: TCK) and Pilot Gold (TSX: PLG; US-OTC: PLGTF) have taken a more modest approach to mine development in revising the 2012 preliminary economic assessment (PEA) for their Halilaga…
Editorial: Gold prices building a base, hopefully
Gold has been one of the leading subsectors of mining in recent months, particularly with the fading prices of stalwarts copper and iron ore.
Facts ‘n’ figures – WGC: Gold market settled down in 2014
The following is an edited excerpt from the World Gold Council’s 2014 Gold Demand Trends full-year report, which can be viewed at www.gold.org.
Kaizen sizes up Tower Resources
Since its reverse takeover in December 2013, junior explorer Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) has closed two acquisitions and is zeroing in on a third.
Midas prepares for permitting odyssey at Stibnite in Idaho
VANCOUVER — Junior Midas Gold (TSX: MAX; US-OTC: MDRPF) has invested a lot of time and money in sketching out a promising development scenario at its rebranded Stibnite gold project, 16 km east of Yellow Pine, Idaho. The company’s…
Romarco’s Haile a ‘showcase mine’ in South Carolina
VANCOUVER — Developer Romarco Minerals (TSX: R; US-OTC: RTRAF) believes it can set a positive example for others looking to permit new gold mines in the southern U.S.
U.S. stocks show strength, Feb. 2-6
U.S. equities got off to a good start in February, helped by a positive jobs report and higher oil prices. The S&P 500 Index rose 60.48 points, or 3%, to 2,055.47, while the Dow Jones Industrial Average soared 659.34 points, or 3.8%, to…
Aquila closes in on US$21M financing with Orion
If a proposed US$20.8-million capital injection from Orion Mine Finance goes ahead, Aquila Resources (TSX: AQA; US-OTC: AQARF) could get its Back Forty project — a zinc- and gold-rich volcanogenic massive sulphide deposit in…
Klondex Gold’s Paul Huet ‘is all in’
With two producing underground mines in Nevada, plans to spend $33 million on exploration and development in 2015, and a goal of growing production to between 150,000 and 200,000 equivalent oz. gold by 2016, one could argue that Klondex Mines…
Roxgold lands final permit at Yaramoko
Violent protests in Burkina Faso that forced strongman Blaise Compaoré to resign his presidency of that country in November after ruling for 27 years was just one of the uncertainties Roxgold (TSXV: ROG; US-OTC: ROGFF) faced in advancing…
Eldorado falls on Greek opposition, weak outlook
Eldorado Gold (TSX: ELD; NYSE: EGO) shares have plunged after two events: Greece’s new left-wing government’s opposition to the company building a gold mine in the country, and a weaker-than-expected 2015 guidance. Eldorado recently…