Upbeat trade numbers from China showing that import growth reached a six-month high in January helped ease worries about emerging markets and pushed up oil prices. Investors were also relieved when the U.S. Congress approved an increase in the…
VANCOUVER — With a 4,900-metre, four-month drill program, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has transformed the potential at its TV Tower project in Turkey from an interesting oxide gold target to a possible porphyry district.
NovaCopper (TSX: NCQ; NYSE-MKT: NCQ) will be coming out with an updated resource estimate for its Bornite carbonate-hosted copper deposit in northwestern Alaska before the end of March, and expects to kick off a prefeasibility study of Arctic,…
ISTANBUL, TURKEY — Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX) started exploring Turkey’s Western Anatolia and Eastern Pontides mineral belts for gold and silver, as well as porphyry copper targets, more than a decade ago,…
The Dow Jones Industrial Average and the S&P 500 Index had another week of record highs. The Dow edged 1.27% higher to close the week at 15,961.70, while the S&P 500 advanced 1.56% to 1,798.18. The Philadelphia Gold & Silver Index…
Suncor Energy (TSX: SU; NYSE: SU) and its partners Total E&P Canada Ltd. (a subsidiary of Paris-based Total (NYSE: TOT) and Teck Resources (TSX: TCK.B; NYSE: TCK) are proceeding with the Fort Hills oilsands mine project in Alberta’s…
The period was a good one for gold, and as the yellow metal went up, so too did the broader index, with the S&P/TSX Composite Index up 250 points to 13,399.42 points, and gold up US$36 to US$1,352.50 per oz.
WHISTLER, B.C. — More than ever it seems the mining industry is trying to achieve efficient exploration and development: making lower-cost, geologically economic discoveries, and advancing these deposits towards production.
Stock markets are starting to recognize that they have been under-pricing base metal equities, Salman Partners senior mining analyst Raymond Goldie reasons and investors should “wait two months, then start taking advantage of this trend.”
VANCOUVER — With promising drill results and money in the bank, True Gold Mining (TSXV: TGM; US-OTC: RVREF) keeps adding to the drill program at its Karma project in Burkina Faso.
Cayden Resources’ (TSXV: CYD) El Barqueno gold project in Mexico’s Jalisco state hasn’t been in its portfolio for very long, but the potentially high-grade, near-surface project has grabbed centre stage.
The holiday-shortened trading period wasn’t a typical one for the S&P/TSX Composite Index. While often the index will trend in line with the resource sector that makes up a large part of it, for this period the two moved in opposite…
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