Surging oil prices and anemic job growth south of the border sent gold US$7.05 higher to US$399 per oz. during the Aug. 4-9 report period. Still, the Toronto Stock Exchange’s gold index only managed to edge 0.58 of a point higher to 185.28. The di…
Toronto Venture Exchange-listed companies failed to gain ground in spite of gold prices being up for the second consecutive week, ahead of a key decision on an interest rate hike in the U.S. The S&P-TSX Venture Exchange index closed lower by nearl…
Dubreuilville, Ont. — High grades at Patricia Mining‘s (PAT-V) Island Gold property, northeast of Wawa, Ont., are raising hopes that the area could see production again.
Higher mining and processing costs associated with transitional ore at the Bogoso-Prestea mine in Ghana cut into Golden Star Resources‘ (GSC-T) earnings in the second quarter.
AfriOre (AFO-T) plans to sell its stake in one South African coal asset plus half of its interest in another to help develop existing gold projects and expand its precious metals portfolio.
We’ve been given a box and told to pack up our belongings. This isn’t because of a restructuring, or layoffs. No one is losing his job. The office is changing locations, pure and simple.
Rex Diamond Mining (RXD-T) has agreed to sell its South African diamond mines to Johannesburg-listed African Gem Resources (AFGEM), which recently spun off its tanzanite business to subsidiary TanzaniteOne.
Vancouver — Despite lower earnings in the second quarter, Glamis Gold (GLG-T) is expecting a turnaround in the second half of 2004 following startup of the El Sauzal mine in Mexico and expansion of the Marigold operation in Nev…
The government of the Republic of Congo says it will stop exporting diamonds until it improves its diamond trade following a July inspection by a U.N.-backed policing unit. The inspection resulted in the suspension of the central African nation fr…
The government of British Columbia has published geological maps of mineralized areas in four regions of the province in an effort to attract mineral exploration.
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