Canada’s benchmark S&P/TSX Composite Index index fell during the trading week, losing 1.5% to close at 14,731.50 points. The S&P/TSX Global Gold Index dropped 1.8% to 157.90, as the spot price for gold gave back US$10 to end at…
The S&P/TSX Venture Composite Index finished in the red for a second week, as it fell 3.5%, or 24.19, before closing at a 664.60 points. The International Energy Agency speculated that oil prices had not yet hit the bottom, while Statistics…
VANCOUVER — It’s been a rapid race to production for junior Red Eagle Mining (TSXV: RD; US-OTC: RDEMF) at its Santa Rosa gold project, 70 km north of Medellin, Colombia. On March 10 the company received an environmental licence for…
VANCOUVER — The past two years have been a story of redemption for producer Kirkland Lake Gold (TSX: KGI; US-OTC: KGILF) at its Macassa mine and South Mine Complex in the prolific the Southern Abitibi gold belt, 46 km southeast of…
Commodity prices this year have fallen below the previous recessionary lows of early 2009, and are now at levels not seen since January 2007, Patricia Mohr, vice-president of economics at Scotiabank, said during a presentation at the…
Newsletter writer Greg McCoach of the Mining Speculator is sharing a number of quality names that he believes are worth looking at, despite the current downturn in the resource market, in part due to the strong U.S. dollar.
VANCOUVER — It’s been a bleak few years for Allied Nevada Gold (TSX: ANV; US-OTC: ANVGQ) and its employees and shareholders, as falling gold prices and operational difficulties combined to put the company in dire financial straits….
VANCOUVER — It’s all about profitable ounces for junior Goldsource Mines (TSXV: GXS; US-OTC: GXSFF) at its fledgling Eagle Mountain project, 230 km southwest of Georgetown, Guyana.
U.S. stocks tumbled during the first week of March as investors worried the strong monthly jobs report might trigger the Federal Reserve to hike interest rates sooner than expected. The Dow Jones Industrial Average lost 276 points, or 1.5%,…
The 2015 Prospectors & Developers Association of Canada (PDAC) conference kicked off with announcement that the Ontario and federal governments will be investing funds to support development in northwestern Ontario.
VANCOUVER — It’s easy pickings for Novo Resources (US-OTC: NSRPF) at its Beatons Creek paleoplacer gold deposit near the historic gold mining town of Nullagine in the eastern Pilbara region of Western Australia.
VANCOUVER — Silver prices are sitting around a five-year low after a precipitous fall. And that has changed the business environment for Endeavour Silver (TSX: EDR; NYSE: EXK) and other like-minded, mid-tier miners.
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