U.S. equities were hammered following comments mid-week from U.S. Federal Reserve Chairman Ben Bernanke that the central bank would scale back its quantitative easing program later this year. At a press conference Bernanke said he expects asset…
The strong run that equity markets had been enjoying for much of the year came to an end during the period, and the S&P/TSX Composite Index did not escape the global market trend. The index was off 255 points to 11,955.66 points for the…
North American Palladium (PDL-T, PAL-N), or NAP, secured some much-needed cash to keep expanding its Lac des Iles (LDI) primary palladium mine near Thunder Bay, Ont.
An optimized preliminary economic assessment (PEA) for Corvus Gold’s (KOR-T) North Bullfrog open-pit gold-silver project in southern Nevada has outlined a slightly larger project with substantially better returns.
VANCOUVER — Shareholders and a Supreme Court judge stymied an attempt by 17% shareholder Dundee (DC-T) to install new management and block an asset sale at Formation Metals (FCO-T), after a disagreement over how the cobalt-focused company…
PMI Gold’s (PMV-T, PVM-A) flagship Obotan gold project — which already includes four known deposits in Ghana’s Asankrangwan gold belt (Nkran, Adubiaso, Abore and Asudai) and could produce gold as early as the second half of…
This has been a difficult year for many mining companies. Softening commodity prices, falling share prices and significantly reduced financing opportunities have combined to create a crisis where survival is the key goal for many in the…
Explanations for the most recent drop in gold prices generally begin and end with Ben Bernanke’s recent comments regarding the possible end to quantitative easing.
If you ask Dustin Angelo about Anaconda Mining (ANX-T) and its operating Pine Cove gold mine just east of Baie Verte on Newfoundland’s northeast coast, the first thing he’ll tell you is that it was a turnaround project that has…
Esperanza Resources’ (EPZ-V) shares are under pressure after the Mexican federal permitting authority or Semarnat denied the environmental impact assessment for its flagship Esperanza gold-silver project in Mexico’s Morelos…
Endeavour Silver (EDR-T, EXK-N) is continuing its mission of Mexican rejuvenation.
The S&P/TSX Venture Composite Index continued a three-week slide, dropping 4%, or 37.78 points, before closing out the week at 895.79.
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