Dividends and explanations get Kinross rolling
All is it took was a bigger dividend and a bit of explaining for Kinross Gold (K-T, KGC-N) to gather some positive winds behind its back again.
Gold
Lake Shore Gold updates resource at Timmins West mine
Greater knowledge from mining and development work over the last year and a half, results from additional infill drilling and a reinterpretation of drill results have culminated in an updated resource estimate for Lake Shore Gold’s…
Kinross reports US$2.78B Q4 loss
Vancouver – Kinross Gold (K-T, KGC-N) has announced a US$2.78-billion net loss, or $2.45 per share, for the fourth quarter of 2011 following the write-down of its assets acquired though the takeover of Red Back Mining in 2010.
GTA shares come back down to earth…somewhat
The market exuberance for GTA Resource and Mining (GTA-V) cooled off a day after the company announced drill results from its first phase of drilling at its Northshore property.
New discovery gets Volta moving upwards
A new discovery at its Kiaka Project had Volta Resources (VTR-T) riding high on the Toronto big board.
Northshore results boost GTA, Balmoral
Shares of GTA Resources and Mining (GTA-V) surged $1.29 or 528.6% to end the day at $1.54 on 7.8 million shares traded after releasing drill results from the Northshore property in the Hemlo-Schrieber greenstone belt of Ontario….
Corvus shares surge 50% on Nevada gold
Vancouver — Corvus Gold (KOR-T) has started the year with a bang. Positive assay results from its North Bullfrog gold-silver project outside of Beatty, Nev., combined with a generally sunny outlook for gold juniors helped push the…
MAX hopes to find ‘silver lining’ in Majuba Hill
Vancouver — MAX Resource (MXR-V) continues to search for a copper-silver porphyry system at its Majuba Hill property in Pershing County, Nevada. Assays were released in early February from a second quarter 2011 drill campaign.
Eagles, Buffalos and America the Beautiful: Investing in US Coins
From gold- or silver-backed exchange-traded funds (ETFs) to high-risk junior exploration plays, options, futures, coins, bars or shares in senior mining companies, the modern investor has no shortage of ways to invest in precious metals.
Salazar shares gain on Lundin’s investment
Salazar Resources (SRL-V) climbed 18% on news that diversified miner Lundin Mining (LUN-T) is acquiring a 15.4% stake in the company by buying over 80% of Salazar’s $3-million private placement, consisting of 6 million units…
Elgin’s bid for Gold-Ore to create new Arctic gold producer
With gold equities having largely underperformed for more than a year despite gold prices hitting a series of new all-time highs, many predict a fresh wave of M&A activity for the gold sector in 2012, arguing it now represents one of the…
Latin American Minerals clarifies and bounces back
Instead of the pomp normally associated with a new mine opening, Latin American Minerals (LAT-V) dashed investors’ hopes of any ceremonies on Feb. 1 by announcing that it was suspending operations at what was set to become Paraguay’s…