Detour Gold Corporation

Detour Gold founder and former CEO Gerald Panneton. Credit: Sam Crittenden

Detour sinks on CEO’s exit

Detour Gold’s (TSX: DGC; US-OTC: DRGDF) CEO and founder Gerald Panneton has resigned without the company providing an explanation for his sudden departure, sending shares spiralling amid speculation that it may need more funds to ramp up…


Toronto Stock Exchange, Nov. 4-8

The S&P/TSX Composite Index was up 17 points to 13,378.33 for the period, as jobs data in Canada and the U.S. beat expectations and bolstered investor confidence. The loonie fell 0.27 of a cent to US95.32¢, after Statistics Canada…


Trucks at the Detour Lake gold mine in northeastern Ontario. Credit: Detour Gold

Detour Gold slumps on weak 2014 outlook

Detour Gold (TSX: DGC; US-OTC: DRGDF) took a beating after publishing its first commercial earnings at the Detour Lake gold mine in northeastern Ontario, with its shares plunging 20% to a yearly low of $6.16, before closing at $6.35. But that…


Exploration personnel at Detour Gold's Detour Lake gold project in Ontario. Source: Detour  Gold

Detour Lake drilling yields new gold structure

VANCOUVER — Ontario-focused miner Detour Gold (TSX: DGC; US-OTC: DRGDF) pleasantly surprised markets in August when it reached commercial production ahead of schedule at its wholly owned Detour Lake gold mine, which lies 185 km northeast…


Pouring gold at the  Detour Lake mine in northeastern Ontario. Source: Detour Gold

Detour Lake gets a jump on commercial production

Earlier-than-expected commercial production at the Detour Lake mine has caught analysts by surprise. Detour Gold (TSX: DGC; US-OTC: DRGDF) reported the milestone at the open-pit gold mine in northern Ontario on Aug. 12, noting that the…



An ore storage dome at the Detour Lake mine in Ontario. Source: Detour Gold

Detour turns to equity markets as share price falls 65%

VANCOUVER — The soup has gotten a lot thinner for many companies in recent months, with falling metal prices and skittish investors driving equity valuations down across the board. And that reality set in for newly minted Canadian…






Drilling at Martiniere boosts Balmoral

Shares of Balmoral Resources(BAR-V, BALMF-O) surged nearly 40% in the three trading days after the junior explorer reported results on Aug. 16 from its summer drill program at its flagship Martiniere property in Quebec’s Abitibi region,…


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