In 1911 the first bar of gold in Ontario’s Kirkland Lake gold camp was poured at the Tough-Oakes mine. One century and 42.5 million oz. gold later, a group of friends met for coffee and decided to make a bronze plaque to commemorate the…
As many in the mining sector are well aware, junior mining companies are having a harder time accessing capital markets for financing. Even when they are able to get their hands on some money, the financing comes with more onerous terms than…
Teranga Gold (TGZ-T), which has been producing gold from its Sabodala open-pit gold mine in the Senegal since March 2009, has agreed to amend its stability agreement with the government to increase the royalty rate on production to 5% from 3%,…
It was a bumpy ride for the resource-heavy TSX during the trading week as the gold price tumbled.
The S&P/TSX Venture Composite Index followed commodities downward during the trading period, dropping 1.8%, or 19.24 points, en route to a 1,022.61-point weekly close.
U.S. equity indexes rose four days in a row, with the Dow Jones Industrial Average and the S&P 500 posting new closing highs on April 11.
Spot pricesCourtesy of ScotiabankTuesday, April 6, 2013Precious MetalsPrice…
A preliminary economic assessment of Lumina Copper’s (LCC-V) enormous Taca Taca project, among the world’s top-tier undeveloped copper deposits, demonstrates a US$2.1-billion after-tax net present value and a 17.2% after-tax…
Gold bugs have been taking a beating of late, and it just seems to be going from bad to worse. The gold price entered official bear territory to close out the trading week, and then began the week by falling even further on panic selling.
Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as “low risk and very high return.”
VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous…
Tahoe Resources’ (THO-T, TAHO-N) investors have something to cheer about, as the company received the final mining licence for its high-grade Escobal silver deposit in southeast Guatemala — clearing a key hurdle in getting its…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.