Editorial: In M&A, Canada goes for the gold
A healthy pace of mergers and acquisitions is usually a positive sign in any industry, and so the rebounding M&A scene in Canadian mining over the past few months is encouraging.
Gold
US stocks march higher, Sept. 2-5
U.S. equities ended the week on a positive note, despite a weak jobs report. The Dow Jones Industrial Average rose 39 points to 17,137.36, while the S&P 500 Index added 4 points to 2,007.71. The tech-heavy Nasdaq Composite…
Torex Gold plans large, low-cost mine in Mexico
When Torex Gold Resources’ (TSX: TXG) El Limon–Guajes open-pit gold mine in Mexico’s Guerrero gold belt ramps up to full production in 2017, the company expects it will be among the largest and lowest-cost gold mines in the…
Trevali finds more copper and gold at Stratmat in New Brunswick
Trevali Mining (TSX: TV; US-OTC: TREVF) is hitting the right notes with its drill programs in Peru and New Brunswick, discovering three zones over the last three months.
Kaminak discovers gold zone at Coffee
It’s been a brutal year for many companies in the mining sector, but 2014 is turning out to be pretty good for debt-free junior explorer Kaminak Gold (TSXV: KAM; US-OTC: KMKGF).
Levon touts ‘large-scale’ discovery in Mexico
VANCOUVER — The silver market has declined since cash-rich explorer Levon Resources (TSX: LVN; US-OTC LVNVF) last released a resource estimate at at its wholly owned Cordero silver–zinc–lead project in…
Corvus uncovers high-grade zone at North Bullfrog
VANCOUVER — It’s been a bountiful year for explorer Corvus Gold (TSX: KOR) at its North Bullfrog project, 15 km north of Beatty, Nev. The company is in the midst of a 20,000-metre drill program at the site, and has kept a strong…
Agnico expands Mexican footprint via $205M Cayden bid
VANCOUVER — Agnico Eagle Mines (TSX: AEM; NYSE: AEM) had been eyeing Cayden Resources’ (TSXV: CYD; US-OTC: CDKNF) exploration efforts since early 2012, but on Sept. 8 finally made its move with a $205-million offer…
LBMA Gold Price nearer to reality as new benchmark
It worked so well for silver — next up is gold.
Almaden a model of father-son success
Almaden Minerals (TSX: AMM; NYSE-MKT: AAU) has found volcanic-hosted mineralization beside its Ixtaca gold–silver deposit on its 100%-owned Tuligtic project in Puebla state, adding to the prospecting success it has had over the years in…
TSX soars, Aug. 25-29
Canada’s main stock index kicked off the Labour Day weekend with a 90.18-point gain to 15,625.73. The S&P/TSX Global Gold Index edged up nearly 4 points to 202.10, helped by a US$6.40 per oz. jump in the gold spot price, which closed…
Imperial agrees to First Nations review of Red Chris
Imperial Metals (TSX: III; US-OTC: IPMLF), the beleaguered miner behind the large Mount Polley tailings spill in B.C., has agreed that the Tahltan Central Council could review the tailings facility at its Red Chris copper–gold mine now…