Development potential in NWT
Canada’s Northwest Territories is relatively remote, but endowed with mineral potential. Despite the region’s harsh winters and infrastructure deficit, the Northwest Territories hosts Canada’s largest…
Articles by Salma Tarikh
Best gold stocks on TSX in 2016
While the gold price erased most of the headway it made in early 2016, it still exited the year up 8.5% at US$1,150.90 per oz.,…
TSX slips, Dec. 27–30
The S&P/TSX Composite Index slipped 0.3% to 15,287.59 during the last week of 2016. While Canada’s benchmark index exited the year on a soft note,…
Guyana Goldfields restructures debt to boost financial flexibility
Guyana Goldfields (TSX: GUY) lightened its debt load just before the new year. Guyana Goldfields, which operates the Aurora gold mine in Guyana, has refinanced its…
Perseus shares hit by double whammy
A lowered guidance for gold production and a shrinking resource estimate sent Perseus Mining (TSX: PRU; ASX: PRU) shares reeling in mid-December. After markets closed…
TSX retreats, Dec. 12–16
Canada’s largest stock market weakened, after the U.S. Federal Reserve raised its short-term interest rate by a quarter of a percentage point to between 0.5%…
Arizona shares tumble on speculation
Arizona Mining (TSX: AZ) shares slightly recovered on promising assays from the Taylor zinc-lead sulphide deposit at its Hermosa property, following a sharp decline after…
Matamec splits gold and energy projects into two companies
Montreal-based Matamec Explorations (TSXV: MAT) is dividing its gold and energy-related projects into two entities in hopes of gaining more traction among investors. “Our strategy…
Wall Street rises, Dec. 5–9
U.S. indexes finished strong, despite lower gold and oil prices. The Dow Jones Industrial Average gained 3% to close at 19,756.85. The S&P 500 Index…
Site visit: IG Copper, Freeport probe Russia’s Far East
KHABAROVSK, FAR EAST RUSSIA — IG Copper (IGC), a privately held U.S. company, is making headway at its 51% held Malmyzh copper-gold porphyry project in…
Continental Gold finishes permitting Buritica
Continental Gold (TSX: CNL; US-OTC: CGOOF) shares have seen a boost since the company announced it has received the last two approvals needed to wrap up…
Excelsior steps closer to production at Gunnison
Excelsior Mining (TSXV: MIN) shares have jumped 17% since the company tabled a positive feasibility study on the North Star deposit of its Gunnison copper project…