Columbus rises as Nordgold advances Montagne d’Or
VANCOUVER — What a difference a deal can make.
News
PDAC: Ned Goodman on China, gold and Warren Buffett
“If you think it’s all about money, if you think it’s all about gold, you’re right,” Ned Goodman, president and CEO at Dundee Corp. (TSX: DC.A), declared at a luncheon during the Prospectors & Developers…
Are brighter skies ahead for nickel prices?
Chairman and CEO Patrick Buffet of French nickel and manganese producer Eramet is calling Indonesia’s recent ban on the export of unprocessed nickel ores “a positive step towards restoring market balance,” after the…
Denison rises on Wheeler River results, Japan nuclear news
VANCOUVER — Denison Mines (TSX: DML; NYSE-MKT: DNN) plans to complete 60,000 metres of drilling on 13 properties in 2014, and the first set of results suggest the company’s big plans could pay off.
Taseko denied New Prosperity
VANCOUVER — Despite a $300-million adaptation to save Fish Lake, the Canadian government will not allow Taseko Mines (TSX: TKO; NYSE-MKT: TGB) to build a $1.5-billion open-pit copper–gold mine at its New Prosperity project in…
Imperial taps debt markets for final Red Chris funds
VANCOUVER — With three new funding sources arranged, Imperial Metals (TSX: III; US-OTC: IPMLF) can see the finish line at Red Chris, the under-construction copper–gold project in northwest B.C. that will be Imperial’s fourth…
Editorial: Curtain closes on New Prosperity
The firm denial by the federal government on environmental grounds of Taseko Mines’ proposed New Prosperity open-pit gold–copper mine near Williams Lake, B.C., wasn’t a surprise to many in the market, as evidenced by most…
US markets continue to roll, Feb. 24-28
The U.S. equity market keeps defying experts’ warning of a correction, with the Dow Jones Industrial Average up 219 points to 16,321.71, the S&P 500 up 23 points to 1,859.45 and the Nasdaq up 35 points to 4,308.12 for the period.
TSX slips, Feb. 24-28
The S&P/TSX Composite Index dipped nearly 4 points to 14,209.59 during the trading week. Both the gold and diversified miners edged down. The S&P/TSX Capped Diversified Metals & Mining Index dropped 2.28 points to 835.14, while the…
Gold developers rethink mine strategies in new market reality
VANCOUVER — Recent headlines have focused on the impact of a lower gold-price environment on the in-situ reserves and spending habits of majors and producers, but there’s also been a shift amongst smaller-cap companies with…
Regulator approves Coalspur’s Vista
VANCOUVER — It looks like financing will be the last hurdle for Coalspur Mines (TSX: CPT, US-OTC: CSPZF) at its Vista thermal coal project, 10 km east of the town of Hinton, Alta. On Feb. 27 the Alberta Energy Regulator (AER) approved…
Commentary: It’s time gold miners act on unfair competition
Given some of the enormous gold sales on Comex last year, I was curious what it would take to mine that much ore.