The report period Aug. 25-31 saw the price of gold remain relatively stable. It ended US$1.05 higher at US$407.25 per oz. in the afternoon in London. The gold index gained 9.3 points, or 4.8%, to close at 202.93, while the diversified metals and m…
Shares in Gabriel Resources (GBU-T) shot up as much as 54% to $2 in mid-afternoon trading in Toronto on Aug. 30, af…
The week of May 12-May 18 saw a lot of ups and downs on the Toronto Stock Exchange. The spot price for gold in London on the afternoon of May 18 closed at US$377.70 per oz., up US$2.45 from the previous week. The S&P-TSX composite index closed on…
A new management team at
An updated resource estimate has added 1.5 million oz. gold and 6.4 million oz. silver to the advanced Rosia Montana gold project in Romania.Recently, 80%-owner Gabriel Resources (GBU-T) tested previo…
Drilling at European Goldfields’ (EGU-V) Certej and Sacaramb projects in western Romania has resulted in several long, gold-rich intersections.Highlights from the first four reverse-circulation holes …
The precious metals enjoyed across-the-board gains during the Sept. 3-9 report period. Gold jumped US$12.25 to end at US$382.25 per oz. sending the Toronto Stock Exchange’s gold subindex soaring 8.1 p…
Having already scrapped a $28-million bought-deal financing, Gabriel Resources (GBU-T) has nixed its backup plan to sell the 10 million shares at $2.80 apiece on a best-efforts basis.Proceeds from the…
Gabriel Resources (GBU-T) has scrapped plans for a bought-deal offering of 10 million shares priced at $2.80 apiece.The move follows reports that Romania’s prime minister dismissed a positive governme…
Recent insider trading transactions reported by the Ontario Securities Commission include the following:– Agnico-Eagle Mines (AGE-T) — Leanne Baker, director, bought 2,500 shares at US$10.45 to hold…
Barrick — Alex Davidson appointed executive VP of exploration.Canadian Oil Sands Trust — Allen Hagerman appointed CFO of wholly owned subsidiary Canadian Oil Sands Ltd. which manages the trust.Cu…
The Toronto Stock Exchange composite index began the holiday-shortened May 26-June 1 report period on an uptick, then moved sideways. By the period’s end, it had risen 29.2 points to settle at 6,732.1…
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