VANCOUVER — The tough markets took on a whole new level of decline in the May 14 to 18 period. The S&P TSX Venture Composite Index dropped no less than 118.45 points or 8.8% to end at 1227.88 points, its lowest level since October…
VANCOUVER — The Toronto Stock Exchange continued to gather downward momentum during the May 14-18 trading period as growing uncertainty in the Euro zone and lagging commodity prices drove the index to seven month lows.
Canada is rapidly becoming recognized as one of the world’s energy superpowers. Canada is now the leading foreign supplier of oil to the U.S., delivering nearly twice as much each year as Saudi Arabia, and 90% of natural gas imports to…
Wall Street suffered its worst week this year with the Dow Jones Industrial index shedding 451.22 points or 3.52% to finish at 12,369.38 and the S&P 500 index shrinking 58.17 points or 4.30% to close at 1,295.22. The Nasdaq Composite…
SPOT PRICESCourtesy of ScotiaBankTuesday, May 15, 2012 Precious MetalsPrice…
Seafield Resources (SFF-V) gave the market something to chew on after releasing a preliminary economic assessment on its Miraflores project in Colombia.
Toronto-based Torex Gold (TXG-T) is navigating the often tricky waters that mark the transition between being an exploration outfit and a mine developer. With an updated resource estimate kicking off in May and a bankable feasibility study…
Opening a new mine is seldom a smooth process.
Vancouver-based junior Sunridge Gold (SGC-V) combined four polymetallic deposits at its Asmara North project in central Eritrea, Africa, into a centralized-mill mine model for a feasibility study it released in early May.
The game of gold investing never gets dull for investors who get to ponder the delicate interplay of geopolitics, macroeconomics, heavy industry, mineral exploration and fashion trends that give us our ever-changing prices for gold bullion and…
An editorial in The Northern Miner criticized Canada’s Extractive Sector Corporate Social Responsibility (CSR) counsellor, Marketa Evans, for “shooting another blank” in reference to the office’s second case, involving…
There has been a paradigm shift in public activism in Canada and growing hostility towards mining, and dogmatic opposition by environmentalists and social action groups towards virtually all mining and energy projects. This new dynamic is…
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