Royalty sale a windfall for Premier Gold
It’s not every day that an exploration and development company can turn a profit of US$35 million in just fourteen months with what appears to be very little effort.
News
Commentary: Canada’s anti-bribery laws: It may not be enough to say you didn’t know…
Over the past few years, mining companies have become increasingly aware of the potential civil and criminal liability arising from the payment of bribes to foreign government officials.
Roundup 2013: Alaska’s year in mining and exploration
VANCOUVER – Alaska did not see any new mines commissioned or constructed in 2012, but an overview of the state’s year in mining and exploration from Avalon Development president Curt Freeman at Roundup in Vancouver showed that…
Market news: Toronto Stock Exchange
The TSX Composite Index continued its recent climb gaining 68 points for the period. The positive run is tied to strong corporate earnings south of the border, recovering economic growth figures from China and a further kicking down the road of…
Market news: TSX Venture Exchange
The Jan. 21-25 trading week was a quiet one for the S&P TSX Venture Composite Index. A few days of small gains were negated by two days of losses, leaving the index down 8.08 points to end the week at 1,227.24. Trading volumes were slightly…
Market news: U.S. Markets
The S&P 500 finished the week at 1,502.96 — the first time since Dec. 10, 2007 that the benchmark index closed above 1,500 points. For the week, the S&P climbed 1.1%, while the Dow Jones Industrial Average advanced 1.8% to finish…
Golden Predator rebrands, shifts focus to royalties
Golden Predator’s (GPD-T) decision in late January to transition to a royalty-only mining company and build on its existing base of 34 projects pushed the junior’s shares up 16.7% to 38.5¢ on 2.7 million shares traded.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 29, 2013Precious MetalsPrice…
GFMS sees higher gold prices in 2013
Gold market consulting firm Thomson Reuters GFMS is calling for renewed strength in the bull market for gold in the year ahead. The prediction came as GFMS unveiled the second update to its Gold Survey 2012 at a presentation in mid-January in…
Copper Mountain: reasons for optimism
Copper Mountain Mining (CUM –T) missed its production guidance, but the market looks to have been unfazed by the news.
Eritrean trials and tribulations for Nevsun
Doing business in East Africa may come with its challenges, but Nevsun Resources (NSU-T) has a robust outlook for its Bisha mine in Eritrea despite dealing with matters that miners closer to home would never encounter.
Roundup 2013: HDI’s Thiessen sees ‘mining renaissance’
The Association for Mineral Exploration British Columbia (AME BC) kicked off its Mineral Exploration Roundup 2013 on Jan. 27 with a flurry of activity here in Vancouver. Billed as the world’s premier technical mineral exploration…