Stock and commodity markets came under pressure after comments by European Central Bank President Mario Draghi and Eric Rosengren, the president of the Boston Federal Reserve. Draghi disappointed markets by…
Disappointing employment numbers and a widening trade gap kept Canada’s benchmark index relatively flat at 14,648.77, up just 0.5% from the previous trading week. Statistics Canada reported that the country’s…
Worries that Britain might vote to leave the European Union in a referendum on June 23 sent Canada’s main stock index down 0.97% to 13,901.77. A vote to leave the…
The Toronto stock market declined during the first week of May on the back of lower commodity prices and weak economic data. Statistics Canada reported the economy lost 2,100 jobs…
Endeavour Mining (TSX: EDV) eked out a small profit in the first quarter as it increased gold production and lowered all-in sustaining costs, but missed analysts’ expectations. Net earnings for the…
The Bank of Canada announced mid-week that it would keep its overnight interest rate at half a percent, and projected real gross domestic product growth this year would be 1.7%,…
VANCOUVER — Endeavour Mining (TSX: EDV; US-OTC: EDVMF) CEO Neil Woodyer describes his growth strategy as “buy and build,” and his company is doing a bit of both this year. On…
Endeavour Mining (TSX: EDV; US-OTC: EDVMF) and Detour Gold (TSX: DGC; US-OTC: DRGDF) — two of the gold sector’s top share-price performers last year — reported strong fourth-quarter and full-year production results in 2015…
Since the commodities downturn started four years ago, gold companies have sought ways to reduce costs and push ahead. The spot gold price ended 2015 at US$1,061 per oz., down 10% for the year and 36% since closing 2012 at US$1,664 per oz….
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…
La Mancha, a privately held investment company controlled by the family of Egyptian billionaire Naguib Sawiris — who earlier this month tweeted that he wants to buy an island in Europe to provide a home for refugees fleeing war-torn Syria…
VANCOUVER — West Africa-focused Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has been on the hunt for valuable oxide resources at its flagship Agbaou gold mine, 80 km south of Yamoussoukro, Côte d’Ivoire, and exploration results…
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