US markets falter, Oct. 16-20
Gold closed at US$1,280 per oz., down US$23.30 per ounce. The Philadelphia Gold and Silver Index dropped 2.61% to 85.01, while the Dow Jones Industrial Average stayed strong, rising 2%…
United States
BMO: Gold miners may revisit dormant megaprojects
VANCOUVER — The last five years have seen large-cap gold miners shelve and write down many ambitious, greenfield development projects that carry significant price tags and heightened risk. Miners instead refocused…
eCobalt redevelops mothballed Idaho mine
VANCOUVER — Vancouver-based eCobalt Solutions (TSX: ECS; US-OTC: ECSIF) hopes to restart construction at its Idaho Cobalt project (ICP) next year, which could set the stage for first production in early…
Bitterroot hunts Arizona silver
VANCOUVER — Bitterroot Resources (TSXV: BTT) has its eye on high-grade silver across 7 km of potential strike length at the historic Hackberry property, 48 km northeast of Kingman, Arizona. The company…
‘Integra 2.0’ to buy dormant DeLamar mine from Kinross
BEAVER CREEK, COLORADO — The executive team behind Integra Gold — a Quebec-focused explorer purchased by Eldorado Gold (TSX: ELD; NYSE: EGO) for $590 million in July — intends to…
Seven questions investors should ask about geophysical anomalies
VANCOUVER — Geophysical surveys are frequently used by the mining and exploration industry to detect potential mineral deposits hidden beneath the subsurface. However, the results of geophysical surveys can be…
US markets post marginal increase, Sept. 18-22
The Dow Jones Industrial Average inched up 0.37% to 22,349.59 and the S&P 500 Index rose 0.08% to 2,502.22. The Philadelphia Gold and Silver Index fell 2.63% to 86.06, as…
Kinross solidifies plans at Tasiast, Round Mountain
VANCOUVER — Canadian producer Kinross Gold (TSX: K; NYSE: KGC) has outlined a path forward for two gold operations that it hopes will grow the company over the next decade. On…
Editorial: Gold, copper reach new highs
The sustained strength in most precious and base metals this year reached breakout levels in September, as a weakening U.S. dollar and renewed optimism over Chinese metal demand pushed metal…
Hurricane Irma cools US markets, Sept. 5-8
The Dow Jones Industrial Average fell 0.9% to 21,797.8 points and the S&P 500 Index dropped 0.6% to 2,461.43 points, as investors braced for Hurricane Irma’s potential impact on U.S….
TSX breaks 15,000 level, Aug. 21-25
The S&P/TSX Composite Index broke the 15,000 level, finishing 0.69% higher at 15,055.99. Base metal prices — copper climbed above US$3 per lb. for the first time since 2011, while…
TSX Venture slips, Aug. 21-25
The S&P/TSX Venture Composite Index dipped 29 points to a 769.47-point close, as spot gold prices rose US$7.5 to US$1,291.35 per oz., and Comex copper prices gained US10¢ to US$3.06…