Red Cloud on the horizon for mining execs
While Chad Williams was chief executive of Victoria Gold Corp. (VIT-V) the company was looking to acquire an advanced project. The board, however, was split on what to do.
News
Paladin Energy posts quarterly results
Pure-play uranium producer Paladin Energy (PDN-T) with two uranium mines in Africa produced 1.93 million pounds of uranium in the three months ended Sept. 30, down 5.8% from the June quarter due to a planned 16-day maintenance shutdown at its…
Amara targets higher grades with Sega PEA
VANCOUVER — West African gold producer Amara Mining (AMZ-T, AMA-L) — formerly Cluffs Gold — is hoping to breathe new life into its 78%-owned Kalsaka gold operation 150km northwest of Burkina Faso’s capital, Ouagadougou.
Argonaut Gold moves on Prodigy
Argonaut Gold has decided that now is the time to start bolstering its pipeline through acquisitions.
Keegan gets major endorsement, new management
A group of the original founders and former executives of LionOre Mining are throwing their weight behind Keegan Resources (KGN-T) with a strategic alliance and private placement that further de-risks the junior’s Esaase gold project in…
TSX Venture loses ground, Oct. 9-12
VANCOUVER — The S&P TSX Venture Composite fell 52.2 points or 3.9% during the shortened Oct. 9-12 trading period, eventually closing at 1,292.81 points. The week started out on a sombre note, with the International Monetary Fund (IMF)…
TSX down as dark clouds form
Investors took a dismal view of the global economy and their mood took a toll on Canadian markets as the TSX Composite index fell 169 points to finish the holiday shortened Oct. 9-12 period at 12,202 points.
U.S. markets retreat, Oct. 8-12
U.S. markets retreated in the Oct. 8-12 trading week despite data demonstrating that Americans are the most upbeat they have been in five years. The approaching U.S. election and worries about Europe, slowing Chinese growth and corporate…
Newstrike’s Whittall on Guerrero gold
Richard Whittall has been near the forefront of discovery on Mexico’s prolific Guerrero gold belt for nearly two decades. The president and CEO of Vancouver-based
Tahoe, Radius play snakes and ladders in Guatemala
When making a list of stable mining jurisdictions, you’d have to pause a while before adding Guatemala. The small Central American country emerged from civil war in 1996, but remains in its infancy as far as mining development and…
Market news
Toroenro Stock Exchange
Curis goes with the flow at Florence
It was a long summer for Vancouver-based developer Curis Resources (CUV-T) and its Florence in-situ copper project, 105 km southeast of Phoenix, Ariz. The company hit a 52-week low at 36¢ per share on Aug. 21, as lack of news and a public…