During the report period April 29-May 5, the Toronto Stock Exchange 300 composite index recovered from the previous period’s scare over interest-rate hikes. The index closed the period at 7,720.12, up…
An underwriting syndicate, led by RBC Dominion Securities, has agreed to buy 8 million shares of Bema Gold (BGO-T) at $3.75 each. The deal is expected to raise proceeds of $30 million.The underwriters…
Abacus MineralsAlta GoldAmax GoldAnglo AmericanArian ResourcesAtapa MineralsAurado ExplorationBattle Mountain GoldBema GoldBice VenturesBlue Ribbon ResBreakwater ResBroken Hill ProprietaryCamecoCampho…
The Dow Jones Industrial average closed the April 15-21 report period at a record high of 9,184.94. The average was up 74.74 points, or 0.8%, for the week.A surge in the price of gold late in the repo…
Stock exchanges and securities regulators ask exploration companies to submit independent geological reports at certain junctures, which begs the question: should an independent legal opinion be requi…
A new geological model has enabled Yamana Resources (YRI-T) to increase the gold resource at the Gameta prospect on Fergusson Island in Papua New Guinea (PNG).Yamana Executive Vice-President Dick Walt…
When doubts surfaced a year ago that Bre-X Minerals had only fool’s gold at Busang, the company blamed short sellers and a “well-oiled misinformation campaign.” Management of Crystallex International …
A year ago, delegates attending the Investing in the Americas conference in this popular tourist destination were reeling from reports that Bre-X Minerals had little, if any, gold at its Busang projec…
Although Brazil is touted as the most geologically diverse and prospective mineral region in Latin America, it has only recently begun to attract the foreign investment necessary to elevate it what go…
The Musselwhite mine of Placer Dome and TVX Gold is situated on traditional lands of North Caribou Lake First Nations in a remote area of northern Ontario. Negotiation of the Musselwhite agreement beg…
The Toronto Stock Exchange 300 composite index hit record numbers once again, ending the report period of March 25-31 at 7,551.23, for a gain of 7.27 points from the previous week.The week was stimula…
Following its first gold pour in early December, Lyon Lake Mines (LLL-M) has entered full commercial production at its Beta Vargas open-pit gold mine in Costa Rica.The successful launch of the heap-le…
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