News



Metals weigh on TSX

The Toronto Stock Exchange’s resources sector helped the broader market to a 237.92-point loss to 9,323.28 during the May 10-16 report period. The gold index plummeted 16.15 points, or nearly 9%, to a…


Goldcorp bid eats into Glamis’s profit

Vancouver — Although the new El Sauzal mine in Mexico enabled Glamis Gold (GLG-T) to produce a record amount of gold in the first quarter, the company’s failed bid for Gol…




Junior board drifts yet lower

Gold’s slide to a 3-month low precipitated a further drop in the heavily-junior-mining-weighted S&P-TSX Venture Composite Index. The index fell 99.66 points to close at nearly an 8-month low of 15…


Pacifica to shell out $10m for Howards Pass

Vancouver — Pacifica Resources (PAX-V) has signed a letter of intent to earn a 100% interest in the Howards Pass zinc-lead project in the eastern Yukon. The property is currently h…


Diamond Fields sheds royalty burden

Vancouver — Agreements are in place for Diamond Fields International (DFI-T) to cancel all its royalty obligations with Jean-Raymond Boulle….


Shares fall on lacklustre results

U.S. stock markets ended lower over the May 10-16 period. The S&P 500 index fell 43.15 points to close at 1,165.69 points, while the Dow Jones industrial average fell 132.05 points to 10,252.29….




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