US markets rise, Jan. 6-10: Nutrien, Consol Energy, Endeavour Silver
The Dow Jones Industrial Average rose 0.66% to 28,823.77 and the S&P 500 Index gained 0.94% to 3,265.35. Spot gold climbed US$9.80 per oz. to…
Gold
TSX Venture dips, Jan. 6-10: K92, ScoZinc, Eloro
The S&P/TSX Venture Composite Index fell 0.87% to 582.35. Spot gold moved higher to US$1,562.10 per oz., up US$9.80 per ounce. Shares of K92 Mining…
TSX moves higher, Jan. 6-10: Kirkland Lake, Detour, Equinox, Teck
The S&P/TSX Composite Index rose 0.99% to 17,234.49 during the first full trading week of January. The S&P/TSX Global Mining Index fell 1.15% to 80.85,…
Consolidation will continue in the gold sector, B of A says
A new report from Bank of America Securities puts the total deal value of global gold mergers and acquisitions last year at US$20.19 billion —…
Harte Gold delivers strong Q4 production, exceeds guidance
Production of 8,017 oz. gold in the fourth quarter from its Sugar zone mine has allowed Harte Gold (TSX: HRT; US-OTC: HRTFF) to exceed its…
Orezone Gold launches $20M bought deal
Burkina Faso-focused developer Orezone Gold (TSXV: ORE) has announced a $20 million bought deal co-led by Canaccord Genuity and PI Financial. The underwriters will purchase…
Chile’s top court backs Barrick in Pascua Lama water case
Chile’s Supreme Court handed another small victory to Barrick Gold (TSX: ABX; NYSE: GOLD) after rejecting an appeal by a local indigenous community asking for…
Sokoman advances Moosehead gold project in Newfoundland
In November 2019, the Canadian Institute of Mining, Metallurgy and Petroleum’s Newfoundland and Labrador branch named Sokoman Minerals (TSXV: SIC) the prospector and explorer of…
Maverix proves skeptics wrong
In the three and a half years since Geoff Burns cofounded Maverix Metals (TSX: MMX; NYSE-AM: MMX) with CEO Daniel O’Flaherty in July 2016, the…
Gold price scales US$1,600 after Iran attacks US military base
Gold futures jumped after reports of rocket attacks on a U.S. military base in Iraq, hitting fresh six year highs. Gold for delivery in February…
Rubicon grows Phoenix resource; feasibility underway
Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has released updated resources for its Phoenix gold project in the Red Lake gold district of northwestern Ontario, with…
Newmont ‘refreshes brand’, raises dividend 79%
Newmont (TSX: NGT; NYSE: NEM) kicked off the second week of January with an announcement that it is dropping Goldcorp from its name and is…