It was another lacklustre year for gold and gold equities, with the spot price for gold dipping below 2013’s close and down 14% from the high reached in March 2014, to exit the year at US$1,182.90 per oz. Despite that dim backdrop, more…
VANCOUVER — Miner Detour Gold (TSX: DGC; US-OTC: DRGDF) had a mixed second quarter, as it reported higher-than-anticipated head grades at its wholly owned Detour Lake operation in northeastern Ontario, but ongoing ramp-up…
Balmoral Resources’ (TSX: BAR) latest drill results provide further confirmation of new high-grade discovery at its Grasset nickel-copper-PGM project in Quebec, 600 km northwest of Montreal.
COCHRANE, ONTARIO — When you look at the careers of Detour Gold’s (TSX: DGC) chief operating officer Pierre Beaudoin and president and CEO Paul Martin, it’s almost as if both men had been groomed for their task of bringing the…
Junior gold explorer Novo Resources (CNSX: NVO) checks all the boxes: it’s led by a well-known, connected and respected geologist; it has several prospective gold projects (one of which has an inferred resource) in the low-risk…
Shares of Balmoral Resources (TSX: BAR; US-OTC: BALMF) surged 21% to $1.04, with 4.6 million shares trading hands after the junior reported an intercept of 1,138 grams gold per tonne over 4.9 metres, including 9,710 grams gold over 0.57 metre…
The Toronto stock market had a strong trading week, helped by decent corporate earnings and better-than-expected jobs data from the U.S., with the S&P/TSX Composite Index gaining 232 points to 14,765.15.
VANCOUVER — For three years the sector struggled through a dearth of financing and mergers and acquisitions (M&A) activity. Two months into 2014, it seems this year will be better: equity valuations are improving, M&A offers are…
The S&P/TSX Composite rose 150.96 points during the week to end at 14,205.72. The spot price for gold rose US$7 per oz. to $1,326.10, pushing up the gold miners. The S&P/TSX Global Gold Index added 4.03 points to 204.82, while the…
Detour Gold (TSX: DGC; US-OTC: DRGDF) estimates production this year to double and cash costs to improve at its Detour Lake gold mine in northeastern Ontario.
The repair crew for Detour Gold (TSX: DGC; US-OTC: DRGDF) didn’t let the holidays get in the way of getting the job done.
An extreme cold weather front that kept most Canadians indoors over the holiday period also sent a chill through equity markets. The S&P/TSX Composite Index fell 0.2% on the first day of trading in 2014, finishing the week down a total of…
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