VANCOUVER — The future is looking brighter for Montreal-based gold producer Semafo (TSE: SMF; NYSE: SEMFF) at its Mana mine in Burkina Faso, after a reserve update showed higher-grade ounces at the company’s satellite Siou deposit.
The major U.S. indexes slipped, with the Dow Jones Industrial Average retreating 192.85 points to 15,258.24, putting an end to three weeks of gains. The S&P 500 Index fell 18.16 points to 1,691.75; the Philadelphia Gold and Silver Index…
Positive economic data out of China firmed up commodity prices and took the resource-heavy S&P/TSX Composite Index higher. The Index was up 33 points for the period, finishing at 12,844 points.
AngloGold Ashanti (NYSE: AU) has brought its 70%-held Tropicana gold mine in Western Australia online — ahead of schedule and within budget.
VANCOUVER — Inova Resources (TSX: IVA; ASX: IVA) — the Australian junior formerly named Ivanhoe Australia that is still majority owned by Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) — looks set to be acquired by…
VANCOUVER — Australia has become Gold Fields’ (NYSE: GFI; JSE: GFI) most important region, expected to produce 42% of its gold now that the company has closed a deal to buy three mines from Barrick Gold (TSX: ABX; NYSE: ABX).
It is no secret that lower gold prices are making management teams leaner. But a lesser-discussed result of all the cost-cutting is that geographical diversification can also be lost.
WHISTLER, B.C. — When it comes to project generators, there aren’t many companies with a global reach quite like Vancouver-based Eurasian Minerals (TSXV: EMX; NYSE-MKT: EMXX). The company is active across Europe, the Middle East and…
The story “Detour Lake drilling yields new gold structure” (T.N.M., Sept. 23–29/13) incorrectly identified BMO Capital Markets analyst Brian Quast as the author of a research note which was, in fact, authored by BMO Capital…
VANCOUVER – Two revamped option agreements have enabled Ascot Resources (TSXV: AOT) to go from being a cash-strapped company unable to explore of its projects to a well-funded junior with three drills pulling promising intercepts from its…
VANCOUVER — After just 10 weeks of exploration at the Plateau South project, it is starting to look like Goldstrike Resources (TSXV: GSR; US-OTC: APRAF) made a good choice when it dropped 23 other Yukon gold properties to focus on its…
It’s been a busy few months in Mexico for Torex Gold Resources (TSX: TXG), which is advancing two projects on its Morelos property, a 290 sq. km landholding in Guerrero state.
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