Kirkland Lake Gold raises stake in Osisko Mining
Kirkland Lake Gold (TSX: KL; NYSE: KL) has boosted its ownership in Osisko Mining (TSX: OSK) from 8.58% to about 13.61%. The mid-tier gold producer reported it has invested about…
Kirkland Lake Gold
McEwen extends El Gallo 12 years with new PEA
McEwen Mining (TSX: MUX; NYSE: MUX) has tabled a new preliminary economic assessment (PEA) that extends the life of its El Gallo gold-silver complex in Mexico by 12 years with…
Canadian Gold Snapshot: Quebec, Ontario and BC remain prime destinations
“Busy” would be a good word to describe gold explorers and developers in Canada in mid-2018. With gold prices holding steady above US$1,200 for a sustained period and the Canadian…
US equities dip slightly, April 30-May 4
Uncertainty about the future of the central bank’s monetary policy and concern about a U.S.-China trade war kept a lid on U.S. equities. The Dow Jones Industrial Average fell 48.68…
Rubicon adds to resource at Phoenix in Red Lake
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has boosted the measured and indicated resource by 113% and the inferred resource by 80% at its Phoenix gold project in Red Lake, Ont.,…
TSX falls while gold rises, March 19-23
Canada’s benchmark index moved lower and gold moved higher after the U.S. said it would impose US$50-billion worth of tariffs on Chinese exports, and China retaliated with import taxes on…
Canada’s benchmark index posts slight increase, Feb. 19-23
The S&P/TSX Composite Index rose 1.20% to 15,638.45. The S&P/TSX Global Mining Index fell 0.56% to 72.96. A rising U.S. dollar put pressure on the gold price, which dropped US$18.30…
TSX dips slightly, Dec. 11-15
The U.S. Federal Reserve raised interest rates 0.25% — its third rate increase this year. The central bank said it expects three more interest rate increases in 2018. Spot gold…
US markets move higher, Nov. 27 to Dec. 1
The Dow Jones Industrial Average posted its largest weekly gain since December 2016, buoyed by optimistic expectations that U.S. lawmakers were making progress on tax-cut legislation. The Dow climbed 2.9%…