The U.S. equity market keeps defying experts’ warning of a correction, with the Dow Jones Industrial Average up 219 points to 16,321.71, the S&P 500 up 23 points to 1,859.45 and the Nasdaq up 35 points to 4,308.12 for the period.
The S&P/TSX Composite Index dipped nearly 4 points to 14,209.59 during the trading week. Both the gold and diversified miners edged down. The S&P/TSX Capped Diversified Metals & Mining Index dropped 2.28 points to 835.14, while the…
VANCOUVER — Recent headlines have focused on the impact of a lower gold-price environment on the in-situ reserves and spending habits of majors and producers, but there’s also been a shift amongst smaller-cap companies with…
VANCOUVER — It looks like financing will be the last hurdle for Coalspur Mines (TSX: CPT, US-OTC: CSPZF) at its Vista thermal coal project, 10 km east of the town of Hinton, Alta. On Feb. 27 the Alberta Energy Regulator (AER) approved…
Given some of the enormous gold sales on Comex last year, I was curious what it would take to mine that much ore.
VANCOUVER — It has been a good year so far for Corvus Gold (TSX: KOR). The company started out 2014 with almost $12 million in the bank, and has since released a raft of good drill results from its flagship North Bullfrog gold project in…
Spot pricesCourtesy of ScotiabankTuesday, February 25 2014Precious MetalsPrice…
VANCOUVER — Two companies with neighbouring uranium properties released stellar drill results on the same day, stoking further excitement that the long-overlooked southwest edge of the Athabasca basin hosts significant uranium at shallow…
Rudi Fronk and Jim Anthony were called “garbage collectors” when they started buying up uneconomic projects from the majors 15 years ago at US$260 per oz. gold. But their faith in higher gold prices kept them going and one of the…
The S&P/TSX Composite rose 150.96 points during the week to end at 14,205.72. The spot price for gold rose US$7 per oz. to $1,326.10, pushing up the gold miners. The S&P/TSX Global Gold Index added 4.03 points to 204.82, while the…
Economic indicators in the U.S. were mixed, with the dollar falling at the start of the week to its lowest level since January and data mid-week showing housing starts in January posted their largest drop in three years, while U.S. factory…
VANCOUVER — For founder Michael Scherb and his team at London-based Appian Capital, lagging capital markets and falling project valuations in the mining sector present a unique opportunity.
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