TSX Venture falls, Oct. 12-16
The S&P/TSX Venture Composite Index fell 0.95%, or 6.94 points, to finish the Oct. 12-16 trading week at 725.31. Spot gold dropped US$30.90 per oz., or 1.60%, to US$1,899.70 per…
Gold
US markets climb, Oct. 12-16
The Dow Jones Industrial Average rose 0.07% to finish the week at 28,606.31, and the S&P 500 climbed 0.19% to 3,483.81. Spot gold dropped US$30.90 per oz., or 1.60%, to…
TSX down, Oct. 12-16
The S&P/TSX Composite Index fell 0.75% to 16,438.75 during the Oct. 12-16 trading week. The S&P/TSX Global Mining Index declined by 1.61% to 96.52, and the S&P/TSX Global Base Metals…
Gold price range-bound near US$1900 per oz.
Gold prices steadied in a tight range around the US$1,900 level on Friday, but fading chances of a stimulus agreement before the U.S. presidential election kept bullion on track for…
Northern Vertex extends gold-silver mineralization at Moss in Arizona
Northern Vertex Mining (TSXV: NEE; US-OTC: NHVCF) has reported high-grade gold and silver drill results from a resource expansion drill program on the Ruth vein at its wholly owned Moss gold-silver…
HighGold drills Johnson Tract polymetallic project in Alaska
HighGold Mining (TSXV: HIGH; US-OTC: HGGOF) has reported additional drill results from its 15,000-metre drill program on its flagship Johnson Tract polymetallic project in southcentral Alaska, 15km west of Tuxedni Bay…
Canadian gov’t orders national security review of Shandong-TMAC deal
Months after shareholders of TMAC Resources (TSX: TMR) approved a takeover of the company by China’s Shandong Gold Mining, the federal government has ordered a national security review of the…
Endeavour Mining restarts security-challenged Boungou mine in Burkina Faso
Endeavour Mining (TSX: EDV), West Africa’s top gold producer, has resumed operations at its Boungou mine in Burkina Faso, a year after previous owner Semafo decided to shut it down…
Argonaut greenlights Magino gold project in Ontario
The board of directors of Argonaut Gold (TSX: AR) has approved construction of the company’s wholly owned Magino gold project in Ontario, 40 km northeast of Wawa. With a two-year…
Radisson drills high-grade gold below O’Brien resource
Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has released assay results for hole OB-20-156, drilled within its wholly owned, past-producing O’Brien project in Quebec, which hit high-grade gold, 250 metres…
Kirkland Lake raises dividend on strong earnings
Kirkland Lake Gold (TSX:KL; NYSE: KL) reported third-quarter gold production of 339,584 oz., a 3% increase over the 329,770 oz. generated in the prior quarter. The Detour Lake and Fosterville…
Gold and silver maintain long-term uptrend: Haywood
Despite a more tempered performance from precious metals during the third quarter of 2020, gold and silver prices still demonstrated gains and outperformed the initial expectations of analysts at Haywood…