2012




Gold bounces back on demand fundamentals

VANCOUVER — The World Gold Council (WGC) released its first quarter 2012 Gold Demand Trends Report heading into the May long weekend, citing increased investment and jewellery demand in China, the rise of exchange-traded funds (ETFs), and…


ATAC launches Yukon drill program

ATAC Resources (ATC-V) has kicked off the first phase of its two-phase drill campaign this year at its 100%-owned Rackla gold project 55 km northeast of Keno City in Central Yukon.


A weak quarter, but strong year for Silvercorp

Silvercorp Metals (SVM-T, SVM-N) reported a weak fourth-quarter profit, mainly due to resources spent fighting fraud allegations launched by a group of short sellers, but overall reported a strong fiscal 2012 and expects higher production from…


Change the only constant for Ivanhoe

VANCOUVER — Change and progress are the name of the game for Vancouver-based Ivanhoe Mines (IVN-T, IVN-N) as the company adjusts to a takeover by Rio Tinto (RIO-N, RIO-L, RIO-A) and approaches first production at its world-class Oyu…


[Update] Brigus turns a corner

Brigus Gold (BRD-T, BRD-X) says it is “just going to keep on improving” to reach a steady annual production rate of 100,000 oz. gold by year end at the Black Fox gold mine in Timmins, Ont.  


Nothing to fear for copper projects in Argentina

When Lumina Copper (LUM-V) announced earlier this month that it had significantly increased the size of its Taca Taca project in Argentina, mining analyst Adam Low of Raymond James raised his six-to-twelve month target price on the stock by…


Time is not on Baja Mining’s side

There is “substantial doubt” that Baja Mining (BAJ-T, BAJFF-O) will be able to continue as a going concern, the company declared on May 16 in its first-quarter earnings analysis under a section entitled Risk Factors.


Inmet finances Cobre Panama under majority ownership

VANCOUVER — Toronto-based major Inmet Mining (IMN-T) has opted to retain its majority interest in the world-class Cobre Panama copper-gold project through development financing, as the company announced a hybrid plan that would see it…


Editorial: Are gold stocks the new value play?

The game of gold investing never gets dull for investors who get to ponder the delicate interplay of geopolitics, macroeconomics, heavy industry, mineral exploration and fashion trends that gives us our ever-changing prices for gold bullion and…


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