Integra Gold issues million-dollar challenge
VANCOUVER — Integra Gold’s (TSXV: ICG; US-OTC: ICGQF) historical dataset for the former Sigma-Lamaque gold mines — in the town of Val-d’Or, Que. — has been cast open to the masses, and the rush is on for…
Gold
Balmoral offers a new way to play the Detour trend
VANCOUVER — Any investor on the lookout for a junior explorer offering base and precious metal exposure via emerging in-situ metal resources and strategic land positions, might take a second glance at Balmoral Resources (TSX: BAR;…
Timmins Gold: Ana Paula is ‘great downside insurance’
Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is one step closer to production its high-grade Ana Paula gold project in Guerrero, Mexico, after a deal with major Goldcorp (TSX: G; NYSE: GG) for a mill and processing facility that could cut development…
US stocks end lower, Sept. 21-25
U.S. Federal Reserve Chair Janet Yellen reiterated increasing interest rates later this year, if the labour market improves and inflation returns to 2%. The U.S. Commerce Department reported that the country’s gross domestic product (GDP)…
TSX falls, Sept. 21-25
Anxiety about global growth soured investor appetite for risk, with data showing Chinese factory activity shrank to a six-and-a-half-year low in September, while U.S. manufacturing growth in the same month stayed at a two-year low.
Editorial: World’s biggest gold miners reap benefits of renewed discipline
Listening to the CEOs of the world’s largest gold miners at this year’s annual Denver Gold Forum in September, you couldn’t help but notice they all sang off the same songsheet, despite the challenges of their individual…
Randgold, AngloGold to revive Obuasi
In what would become their third partnership in a decade, Randgold Resources (LSE: RRS; NASDAQ: GOLD) and AngloGold Ashanti (NYSE: AU) have signed an investment agreement to consider setting up a joint venture that would redevelop and operate…
Pretium lands US$540M to build Brucejack
VANCOUVER — Pretium Resources (TSX: PVG; NYSE: PVG) is proving that struggling equity markets and global economic woes can’t keep a good project down. On Sept. 15 the company announced terms for a US$540-million…
TSX moves up, Sept.14-18
Canada’s benchmark index gained ground during the week, adding 185.33 points, or 1.4%, to close at 13,646.80 points, as investors took in the U.S. Federal Reserve’s decision to keep interest rates near zero.
Agnico Eagle has 10 rigs turning at El Barqueo
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) says the El Barqueno gold project in Mexico could become a heap-leach operation similar to its La India gold mine and the stand-alone Creston Mascota pit, near its Pinos Altos gold mine.
Sawiris-backed La Mancha to acquire 30% of Endeavour Mining
La Mancha, a privately held investment company controlled by the family of Egyptian billionaire Naguib Sawiris — who earlier this month tweeted that he wants to buy an island in Europe to provide a home for refugees fleeing war-torn Syria…
Editorial: Burkina Faso rattled by coup
For global gold miners, the emerging gold mining industry in Burkina Faso has been a wonderful success story of discovery and mine development in a land that until recently had little modern industry of any kind, or infrastructure.