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2013
Silvercrest continues to beef up Santa Elena
Three important bits of information came out of Silvercrest Mines (SVL-T, SVLC-X) latest drill results from its Santa Elena project in Mexico.
Columbus bulks up gold resources at Paul Isnard
Columbus Gold (CGT-V) recently updated the inferred resource estimate for its wholly owned Paul Isnard gold project in northwestern French Guiana, with ounces growing 184% from before.
Guyana Goldfields’ Aurora project turns heads
Guyana Goldfields (GUY-T) has been on something of a tear since January after it revised, and vastly improved, a prefeasibility study of its Aurora project.
Esperanza inks major deal with Pan American Silver
VANCOUVER – In one fell swoop, Esperanza Resources (EPZ-V) has gained three advanced-stage gold projects, $35 million in funding, and a new major shareholder in a deal with Pan American Silver (PAA-T) that vaults the junior ahead in its…
Commentary: Watch out for the activist shareholder!
Last year was a busy one in Canada with respect to shareholder activism. There were high-profile proxy battles, such as those at TELUS and Canadian Pacific Railway, as well as several lower profile ones in the junior mining sector. These…
Toronto Stock Exchange, Feb. 18-22
The S&P/TSX Composite Index advanced during the trading week, adding 15 points to end at 12,701.63, while the other indexes didn’t fare as well.
TSX Venture Exchange, Feb. 18-22
The S&P/TSX Venture Composite Index dropped 3.5%, or 40.97 points, during the trading period before closing out the week at 1,144.68, while declining commodity prices put downward pressure on Canadian markets.
U.S. Markets, Feb. 18-22
The S&P 500’s seven-week winning streak ground to a halt, with the benchmark index falling 0.1% to 1,515.60. The Dow Jones Industrial Average edged 0.1% higher to finish at 14,000.57, and the Philadelphia Gold and Silver Index lost…
Osisko marches ahead at Canadian Malartic
Osisko Mining (OSK-T) foresees better days ahead at its flagship 100%-owned Canadian Malartic gold mine in the town of Malartic, west of Val-d’Or, Que.
Commentary: Gold mines and gravestones in the Sahara
When an African gold-mining operation ran up against unusual rock formations that according to local rumours might be human graves, a religious ruling forced mine expansion plans to be put on hold.
Commentary: Prepping for PST in BC
April 1 is fast approaching, and B.C. mining companies are bracing for the change back to a 5% federal goods and services tax (GST), and a 7% provincial sales tax (PST).