TSX rises, Aug. 5-9: Wheaton; First Majestic; Pan American; Asanko Gold
The S&P/TSX Composite Index posted a 0.43% gain to 16,341.30. Spot gold finished the trading week at US$1496.20 per oz., up US$56.20 per oz., or 3.9%. The S&P/TSX Global Gold…
Asanko Gold Inc
Snapshot: Eight explorers and miners with ties to Africa
Africa has been long renowned in the mining industry as the continent with many of the largest and richest mineral deposits on Earth. Despite listing commodity prices and some political…
Auryn finds copper zone at Sombrero in Peru
Auryn Resources (TSX: AUG; NYSE-AM: AUG) has found a zone of oxide copper mineralization at the Milpoc prospect, 12 km south of the Sombrero Main target on its Sombrero North…
Asanko turns to profit in Q1, eyes production growth
Ghana-focused miner Asanko Gold (TSX: AKG; NYSE-MKT: AKG) has swung back into the black with 2017 first-quarter earnings of US$7.8 million, or US4¢ per share, beating average analysts’ expectations of…
Goldcorp drops $35M into Auryn
Goldcorp (TSX: G; NYSE: GG) is taking a 12.5% stake in Auryn Resources (TSX: AUG; US-OTC: GGTCF) for $35 million — a sum that will be used to fund a…
Raymond James’ top nine gold stocks
Raymond James analysts Phil Russo and Chris Thompson are sharing their top nine gold stocks, expected third-quarter earnings per share and their thoughts on the gold price in an Oct….
Asanko fires back after allegations from K2 Investment
VANCOUVER — Asanko Gold (TSX: AKG; NYSE-MKT: AKG) has reported its inaugural production quarter at its Asanko gold mine in Ghana, but it is also busy countering criticism about its technical reporting…
Asanko hits commercial production
This year so far has been a great one for Asanko Gold (TSX: AKG; NYSE-MKT: AKG). In January, the company kicked off first production at its namesake gold mine in…
Asanko pours first gold in Ghana
Asanko Gold (TSX: AKG; NYSE-MKT: AKG) has started gold production at its namesake mine in Ghana, becoming the newest mine in the West African country.
A sobering look at gold M&A since 2010
Raymond James analyst Phil Russo has reviewed 67 mergers and acquisitions (M&A) in the gold space since 2010 to determine how many are viable producing, developing and streaming deals. He has found that 40% of transactions would not recoup…
Gold stocks that soared in 2015’s H1
Several gold producers have registered strong share price gains during the first half of 2015, despite price pressure on the yellow metal. The spot gold price dipped 0.7% from last year’s close to end June 30 at US$1,174 per oz. It has…
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…