Shares of Fortuna Silver Mines (FVI-T) jumped 55¢ or 11.11% to $5.50 per share on news that the mill at its 100%-owned San Jose silver-gold mine in southern Mexico had started producing silver-gold concentrate.
As fresh sovereign debt crises unfold and fears mount over a possible second recession, investors continue to look to gold as a leading safe-haven investment.
New Gold (NGT-T, NGD-X) touched a new 52-week high, a day after posting strong drill results from its Blackwater gold project in central British Columbia.
It was a busy quarter for Quadra FNX Mining (QUX-T), but one that paid large profits to the recently merged company despite lower production totals. Quadra, which teamed with FNX in May of last year, reported a 75% increase in earnings, as…
When the shares of most companies were tanking yesterday in what turned out to be the worst day on the markets since December 2008, shares of Orezone Gold (ORE-T) edged 4.32% higher or 13¢ to close at $3.14 on news it had received…
Glencore International (GLEN-L) is betting that PolyMet Mining’s (POM-T, PLM-X) NorthMet polymetallic project in Minnesota has the stuff that profitable mines are made of.
Agnico-Eagle Mines (AEM-T, AEM-N) is making a $70-million strategic investment in Rubicon Minerals (RMX-T, RBY-X) to secure 9.2% of the company’s outstanding shares.
Brigus Gold (BRD-T) says gold production will increase, as it ramps up the Black Fox mine and its exploration efforts in Timmins, Ont.
Augen Gold’s (GLD-V) board has unanimously recommended shareholders reject an all-share offer from neighbour Trelawney Mining and Exploration (TRR-V) valuing the company at $55 million.
Turning around a penniless junior mineral explorer looking to develop a gold project in the Central African Republic is not a job most people would relish. Taking the job without a salary to save the company money – well, that seems less…
Gran Colombia Gold (GCM-T) is looking to issue US$75 million of what executive co-chairman Serafino Iacono calls “a creative and innovative financial instrument.”
While other companies explore emerging Yukon gold belts – such as the White Gold district and the Selwyn Basin – in their hunt for the next big Arctic gold deposit, Cedar Mountain Exploration (CED-V) has its sights set on an even loftier…
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