Thompson Creek piles up cash in Q3
Thompson Creek Metals (TSX: TCM; NYSE: TC) is improving its operations and balance sheet, despite ending the third quarter in the red.
Gold
Foran’s positive PEA at McIlvenna Bay
Foran Mining (TSXV: FOM) has touched a milestone at its flagship McIlvenna Bay project in east-central Saskatchewan, with the completion of a promising preliminary economic assessment (PEA) on the zinc-copper-gold-silver volcanogenic massive…
True Gold targets first gold pour in late 2015
Vancouver-based gold junior True Gold Mining (TSXV: TGM) likes to get things done quickly.
AuRico Gold invests in Carlisle and Manitoba
For the last six months, AuRico Gold (TSX: AUQ; NYSE: AUQ) has been sizing up Carlisle Goldfields (TSX: CGJ) and its Lynn Lake gold project in Manitoba.
Better days await the junior sector, PwC reports
The worst of the current downturn may be over, PwC argues in its eighth annual Junior Mine Report in late October. Looking at the top-100 TSX Venture-listed juniors by market capitalization, PwC has found that while the junior sector is still…
AngloGold considers asset sales to pay down debt
VANCOUVER — Volatile gold markets have shifted the goal posts for miners, and South Africa’s AngloGold Ashanti (NYSE: AU) has responded by streamlining operations and getting a better grasp on its balance sheet. The company has…
Raymond James’ top silver picks
Given the plunge in silver and gold prices, Raymond James analysts are urging investors to stick with quality names, in terms of assets, balance sheets and management.
Osisko Gold Royalties comes out strong
VANCOUVER — Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF) is one to watch in the realm of corporate finance. The company is a spin-out from Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Yamana Gold’s (TSX: YRI; NYSE: AUY)…
Primero misses Q3 expectations on impairment charge
Primero Mining’s (TSX: P; NYSE: PPP) quarterly earnings took a hit after it wrote down the goodwill value of the acquisition of Brigus Gold.
TSX continues winning streak, Nov. 3-7
The S&P/TSX Composite Index gained for the fourth straight week, up 77.51 points to close at 14,690.83. Gold and diversified miners both added 10 points, with the S&P/TSX Global Gold Index ending at 144.86 and the S&P/TSX Capped…
New Gold sets stage for Rainy River mine with Bayfield deal
VANCOUVER — New Gold (TSX: NGD; NYSE-MKT: NGD) executive chairman Randall Oliphant recently reiterated the fact that its Rainy River gold asset — located 65 km northwest of Fort Frances, Ont. — is a “priority development…
US stocks soar, Oct. 27-31
U.S. equities gained as the American economy showed signs of improvement.