Daily News

TSX edges up, July 13-17

Canada’s benchmark index added 109.62 points, or 0.8%, to close the turbulent week at 14,642.84. The S&P/TSX Capped Diversified Metals & Mining Index plunged 6.8% to 614.32, while the S&P/TSX Global Gold Index fell 6.7% to...
Jul 22, 2015 12:00AM

TSX Venture struggles as gold plummets, July 13-17

The S&P/TSX Venture Composite Index declined for a fourth week, as it closed down 1.9%, or 12.17 points, at 628.81 points. Markets were hit by falling commodity prices, while Statistics Canada reported that foreign investors reduced their...
Jul 22, 2015 12:00AM

Sugar Zone could be even sweeter, Harte Gold's Roman says

Development is picking up speed at Harte Gold’s (TSX: HRT; US-OTC: HRTFF) Sugar Zone deposit, 60 km east of the Hemlo gold camp near Wawa, Ont., with a major financing, recent bulk sampling and toll-milling deals.
Jul 22, 2015 12:00AM

Callinex Mines attracts Resource Capital Funds

Max Porterfield, president and CEO of Callinex Mines (TSXV: CNX; US-OTC: CLLXF) thinks he’s got the projects, the people and soon, some of the money, to have a decent shot at making the next meaningful discovery in...
Jul 22, 2015 12:00AM

Lake Shore steps into M&A fray with Temex bid

VANCOUVER — Ontario-focused Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) has been one of the better turnaround stories over the past year, and now the company is looking to grow further. Lake Shore is spending $25 million on...
Jul 22, 2015 12:00AM

Gold stocks that soared in 2015's H1

Several gold producers have registered strong share price gains during the first half of 2015, despite price pressure on the yellow metal. The spot gold price dipped 0.7% from last year’s close to end June 30 at US$1,174 per oz. It has...
Jul 22, 2015 12:00AM

Defiance Silver hits high grades at San Acacio

Defiance Silver (TSXV: DEF; US-OTC: DNCVF) is having drilling success at its past-producing San Acacio silver mine in Zacatecas, Mexico.
Jul 22, 2015 12:00AM

NioCorp CEO provides cash to company

For the second time in less than two months, Mark Smith of NioCorp Developments (TSX: NB; US-OTC: NIOBF) has dug into his own pockets for loans to the company he leads.
Jul 22, 2015 12:00AM

Canada's Energy and Mines Ministers meet amid downturn

VANCOUVER — On July 20 Canadian federal, provincial and territorial energy and mines ministers gathered in Halifax, N.S., for the 72nd annual Energy and Mines Ministers' Conference (EMMC). The event comes at a time when the mining...
Jul 21, 2015 11:19PM

New Gold inks Rainy River deal with Royal Gold

VANCOUVER — Canadian producer New Gold (TSX: NGD; NYSE-MKT: NGD) appears to have closed off a prospective funding gap at its Rainy River development project — located 65 km northwest of Fort Frances, Ont. — following a...
Jul 21, 2015 11:11PM

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