The S&P/TSX Venture Composite Index jumped 2.4%, or 22.61 points, before closing out the period at 973.58. Precious-metal futures rose, while energy and base-metal prices remained relatively static. Markets were bolstered by strong earnings…
The period was a good one for gold, and as the yellow metal went up, so too did the broader index, with the S&P/TSX Composite Index up 250 points to 13,399.42 points, and gold up US$36 to US$1,352.50 per oz.
The Dow Jones Industrial Average climbed 170.63 points to 15,570.28, or 1.11%, and the S&P 500 rose 15.27 points to 1,759.77, or 0.88%. The Philadelphia Gold & Silver Index advanced 7.55 points to 99.72, or 8.19%.
The mining sector makes up 20% of Mongolia’s gross domestic product (GDP), 40% of its budget income, 85% of its investment and 90% of its exports, but the uncertainty that permeates everything from the security of mineral tenure and…
Publicly stated arguments are often what’s only on the surface of conflicts over natural-resource developments — underlying geopolitical issues and hidden agendas can also be at play. I have come across this on a number of projects…
Asanko Gold (TSX: AKG) has taken a major step towards turning its Esaase gold project in Ghana into a mine.
Earlier this year the federal government made changes to Canada’s temporary foreign worker program with the stated purpose of ensuring that Canadians are given the first opportunity to apply for available jobs. Most temporary foreign…
PRINCE GEORGE, B.C. — Thirty years after prospector Richard Hanslinger discovered copper-gold mineralization in the hills north of Fort St. James in central B.C. and three years after Thompson Creek Metals (TSX: TCM; NYSE: TC) struck a…
Orebodies in the Timmins camp of Ontario often surpass depths of 1,000 metres, so investors in Brigus Gold (TSX: BRD; NYSE-MKT: BRD) cheered when they heard that a downdip test hole drilled from the underground at the company’s Black Fox…
VANCOUVER — Things are coming together for Vancouver-based junior Red Eagle Mining (TSXV: RD) at its wholly owned San Ramon gold deposit in Antioquia, Colombia.
Crocodile Gold (TSX: CRK; US-OTC: CROCF) investors are soaking up the good news. The Toronto-based miner boosted its 2013 production guidance on the back of higher-than-expected gold production in the third quarter. Given consistent output…
Those who questioned the wisdom of building the Kibali gold mine in the Democratic Republic of the Congo (DRC) were mistaken, Randgold Resources’ (LSE: RRS; US-OTC: GOLD) CEO Mark Bristow declared at a media briefing in Kinshasa in…
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