VANCOUVER — It’s the rainy season in Mexico, and that’s not great news for producer Alamos Gold (TSX: AGI; NYSE: AGI) at its wholly owned Mulatos heap-leach mine, 220 km east of Hermosillo in Sonora state. On Oct. 23 the…
VANCOUVER — It’s been a rocky permitting road for producer Alamos Gold (TSX: AGI; NYSE: AGI) in Turkey given the legal troubles surrounding its Kirazli epithermal gold project. But the company looks to have made some…
The S&P/TSX Composite Index rose 1.51% to 15,535.55 while the S&P/TSX Capped Metals & Mining Index advanced 0.63% to 890.66. The S&P/TSX Global Gold Index fell 2.76% to 198.41 and the gold spot price fell 1.8% or US$23.70 per…
VANCOUVER — It was a quiet couple of years for Eric Roth after Yamana Gold (TSX: YRI; NYSE: AUY) snapped up his Extorre Gold Mines and its Cerro Moro project in Argentina for US$400 million in mid-2012. But now as president…
The Toronto stock market had a strong run during the trading week, with the S&P/TSX Composite Index gaining 234.74 points to 14,838.90, as investors digested the positive U.S. employment data while shrugging off the lacklustre Canadian jobs…
Alamos Gold (TSX: AGI; NYSE: AGI) has scored a major victory at its Mulatos gold mine operation in Mexico with the acquisition of surface rights for two satellite gold deposits that could add low-cost production growth as early as 2016.
When the market was hot from 2010 through 2012, mid-tier Alamos Gold (TSX: AGI; NYSE: AGI) stayed on the sidelines of an otherwise active M&A scene because valuations for companies were “through the roof,” says 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.
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,…
Alamos Gold (TSX: AGI; NYSE: AGI) had a relatively good run in the third-quarter, with adjusted earnings of US$9.2 million, or US7¢ per share — in line with analysts’ expectations.
SONORA, MEXICO — Agnico Eagle Mines (TSX: AEM; NYSE: AEM) gets things done quickly: it’s on the cusp of producing gold from its La India mine in northern Mexico, less than two years after acquiring it from Grayd Resource.
Concern about a possible U.S. air strike against Syria and anxiety about the timing of the U.S. Federal Reserve’s end to quantitative easing sent U.S. markets down. The Dow Jones Industrial Average fell 1.33% to 14,810.31, the S&P 500…
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