Site visit: McEwen sees production at Gold Bar in 2018
ELKO, NEVADA — The only thing that McEwen Mining’s (TSX: MUX; NYSE: MUX) Simon Quick, vice-president of projects, thinks could delay construction at the company’s Gold Bar project, 53 km…
Midway Gold Corp
Kinross, Waterton scoop up Nevada properties from Barrick
Kinross Gold (TSX: K; NYSE: KGC) and private-equity firm Waterton Global Resource Management are the latest bargain hunters to find something they like at Barrick Gold’s (TSX: ABX; NYSE: ABX) year-long sale emporium. On Nov. 12 Barrick…
US equities rise, June 15-19
U.S. stocks eked out gains, despite concerns about whether Greece would reach a deal with its lenders to avoid a default. The Dow Jones Industrial Average climbed 0.6% to 18,014.28, while the S&P 500 Index added 0.7% to 2,109.99. The Nasdaq…
U.S. stocks end mixed, May 18-22
Wall Street closed mixed ahead of the Memorial Day holiday, as the Federal Reserve said it would likely raise interest rates this year, if the economy continued to improve. The Dow Jones Industrial Average dipped 0.2% to 18,232.02, while the…
Midway runs into trouble at Pan mine
Midway Gold (TSX: MDW; NYSE-MKT: MDW) has hit a rough patch, less than two months after it initiated production at its Pan gold heap-leach mine in Nevada.
TSX ends in the red, May 11-15
Canada’s main stock index retreated during the trading week. The S&P/TSX Composite Index fell 0.4% to 15,108.12. The S&P/TSX Capped Diversified Metals & Mining Index dropped 1.4% to 794.05, and the S&P/TSX Global Gold…
Wall Street edges up, March 30-April 2
U.S. equities gained momentum on positive jobless data. The Dow Jones Industrial Average climbed 50.64 points to 17,763.24, and the S&P 500 Index added 5.94 points to finish at 2,066.96. Spot gold edged up US$3.60 per oz. to end at US$1,202…
Wall Street ends in the red, March 2-6
U.S. stocks tumbled during the first week of March as investors worried the strong monthly jobs report might trigger the Federal Reserve to hike interest rates sooner than expected. The Dow Jones Industrial Average lost 276 points, or 1.5%,…
US stocks rise, Sept.15-19
U.S. equities ended the trading week in positive territory. The Dow Jones Industrial Average added 292 points to end at 17,279.74, while the S&P 500 Index rose 25 points to 2,010.40. The tech-heavy Nasdaq Composite Index jumped 12 points to…
Midway, Barrick boost Spring Valley resource to 5.5M oz. gold
VANCOUVER — Midway Gold (TSX: MDW; NYSE-MKT: MDW) is best known for its pair of development-stage assets in Nevada — namely its Pan and Gold Rock projects in White Pine County — but the company also has a joint…
Midway expands Gold Rock resource
Midway Gold (TSX: MDW; NYSE: MDW) may be in the thick of building its first gold mine at the Pan project in Nevada — with the first gold pour expected in the fourth quarter — but that hasn’t stopped the junior developer from…
TSX accelerates, May 19-23
Energy and banking stocks helped drive the S&P/TSX Composite Index higher, while Canada’s main stock index also got a lift from reassuring comments mid-week in the U.S. from the Federal Reserve that it remains committed to withdrawing…