Volume 99 Number 50 Jan 27 - Feb 2, 2014

Toronto Stock Exchange, Jan. 13-17

Higher gold prices — up US$5.50 during the week to US$1,254.10 per oz. — helped lift the S&P/TSX Composite Index 1.02%, or 140.68 points, to 13,888.21. The S&P/TSX Global Gold Index climbed 6.67%, or 11.12 points, to 177.81;…

U.S. markets, Jan. 13-17

The story south of the border was a bit of a mixed bag as investors bought on positive earnings reports and rising industrial production, but sold on a decline in housing starts.

Osisko president and CEO Sean Roosen.

Osisko board slams Goldcorp offer

Osisko Mining’s (TSX: OSK; US-OTC: OSKFF) board has provided a long list of reasons why it believes its shareholders should reject the hostile $2.6-billion takeover bid tabled by Goldcorp (TSX: G; NYSE: GG) on Jan. 14. 

Drillers working at Bullman Minerals' Siguiri gold project in northeast Guinea. Credit:  Bullman Minerals

Bullman hits gold in first holes at Siguiri

VANCOUVER — Five months after acquiring the Siguiri project in its qualifying transaction, Bullman Minerals’ (TSXV: BUL) first holes into the West African project have returned good gold grades.

TSX Venture Exchange, Jan. 13-17

The S&P/TSX Venture Composite Index extended its rally during the trading sessions, with a 9.79-point gain leading to a 976.34-point weekly close, which marks the Venture’s highest close since April 2011. Market enthusiasm was fuelled…

Adanac Moly renews pleas for takeover

For the last two years, Adanac Molybdenum (TSXV: AUA; US-OTC: AUAYF) has tried to find a buyer for all or part of the companyl, and its Ruby Creek molybdenum project in B.C.

From left, geologists Julia Lane and Richard Phillips with ATAC Resources president Rob Carne, in the core storage area of the Rackla gold project in the eastern Yukon. Photo by Gwen Preston.

Carlin-style gold aplenty for ATAC in the Yukon

KENO CITY, YUKON — ATAC Resources (TSXV: ATC) has discovered nine gold zones in four years, many of which offer high grades. That alone is impressive, but the kind of gold ATAC is uncovering in the eastern Yukon is equally…