TSX moves up during Feb.18-22
The S&P/TSX Composite Index advanced during the Feb.18-22 trading week, adding 15 points to end at 12,701.63, while the other indices didn’t fare too well.
News
Semafo’s Siou does not disappoint
Semafo (SMF-T) discovered the Siou mineralized sector in the southern sector of its Mana property in Burkina Faso during the third quarter of 2012 and has lost little time carving out an initial inferred resource. If advanced to production, the…
U.S. equities are fragile, Feb. 18-22
The S&P 500’s seven-week winning streak ground to a halt with the benchmark index falling 0.1% to 1,515.60. The Dow Jones Industrial Average edged 0.1% higher to finish at 14,000.57 and The Philadelphia Gold and Silver index…
Centerra continues to face challenges at Kumtor
VANCOUVER — The past year has been marked by significant operational and jurisdictional challenges for Toronto-based producer Centerra Gold (CG-T) at its flagship Kumtor gold mine 350 km southeast of Bishkek in the Kyrgyz Republic.
GoGold pushes Parral towards production with prefeasibilty study
VANCOUVER – Last year, GoGold Resources (GGD-T) issued millions of shares and worked for months to acquire Absolute Gold Holdings for its Parral project in Mexico, home to a huge heap of tailings left behind after 300 years of operations at the…
Short Position Report
Short positions outstanding at Feb. 15/13 (with changes from Jan. 31/13)
Funeral details for Brian Warriner
With the passing of our retired senior salesman Brian Warriner on Feb. 18 at age 76, the family will receive friends at the McEachnie Funeral Home at 28 Old Kingston Road in Ajax, Ont. (tel. 1-905-428-8488) on Sunday, Feb. 24, from 2 to 4 and…
Inca One helps artisanal miners – and itself – amidst Peru’s push to formalize its small-scale gold sector
VANCOUVER – Artisanal mining has long been part of Peru, but in the past thirty years increasing numbers have turned to the rocks of their native land for income. Hundreds of thousands of rural Peruvians now scratch out a living through…
El Teniente’s tailings offer dividends for Amerigo
Over the last forty years Klaus Zeitler has financed, built and managed base metal and gold mines in Europe, Africa, North and South America, and the Pacific.
Colt gets mining licences for its tungsten, gold projects
Montreal-based explorer Colt Resources (GTP-V) tumbled to a new 52-week low after announcing it received two experimental mining licenses allowing it to advance its tungsten and gold exploration projects in Portugal, likely not the…
Northern Gold takes it small to go big
TIMMINS, ONT. — Greg Gibson is all about the big score, even if he has to take small steps to get there.
Northern Freegold advances flagship project with initial economic assessment
VANCOUVER – Less than four years after establishing an initial resource at its Freegold Mountain project in the Yukon, Northern Freegold Resources (NFR-V) has a positive preliminary economic analysis (PEA) for the project.