OceanaGold to buy Pacific Rim
OceanaGold (TSX: OGC; US-OTC: OGDCF) is banking on bringing its recent success in the Philippines to El Salvador.
News
Toronto Stock Exchange, Sept. 30-Oct. 4
The S&P/TSX Composite Index ended the week in negative territory as the dispute over the U.S. federal budget and debt ceiling rattled investors. The index plunged 85.4 points to 12,758.65. The S&P/TSX Global Gold Index dropped 6.8…
Nautilus soars on arbitration award
The verdict has arrived much to the joy of investors.
Short Position Report
Short positions outstanding at Sept. 30/13 (with changes from Sept. 15/13).
AngloGold, Independence start up Tropicana in WA
AngloGold Ashanti (NYSE: AU) has brought its 70%-held Tropicana gold mine in Western Australia online — ahead of schedule and within budget.
Inova’s board supports Chinese takeover bid
VANCOUVER — Inova Resources (TSX: IVA; ASX: IVA) — the Australian junior formerly named Ivanhoe Australia that is still majority owned by Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) — looks set to be acquired by…
Commentary: Quebec’s evolving mining regime
Quebec has been making further strides in updating its mining regime to reflect the province’s needs, realities and political priorities.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, October 1, 2013Precious MetalsPrice…
Alacer says ‘hooroo’ to Australia
It is no secret that lower gold prices are making management teams leaner. But a lesser-discussed result of all the cost-cutting is that geographical diversification can also be lost.
Mirabela and Votorantim face off
Mirabela Nickel (TSX: MNB; ASX: MBN) has run into trouble with one of its two customers, sending its shares plunging.
Gold Fields buys three Barrick mines in the Yilgarn
VANCOUVER — Australia has become Gold Fields’ (NYSE: GFI; JSE: GFI) most important region, expected to produce 42% of its gold now that the company has closed a deal to buy three mines from Barrick Gold (TSX: ABX; NYSE: ABX).
Semafo impresses with high-grade reserves
VANCOUVER — The future is looking brighter for Montreal-based gold producer Semafo (TSE: SMF; NYSE: SEMFF) at its Mana mine in Burkina Faso, after a reserve update showed higher-grade ounces at the company’s satellite Siou deposit.