Lake Shore Gold Corp

US stocks drop, July 7-11

The S&P 500 Index dropped 18 points to 1,967.57, marking its worst week since April, as European economic uncertainty continued. The Dow Jones Industrial Average fell 124 points to 16,943.81, while the Nasdaq Composite Index gave back 70…

Lake Shore aims to beat 2014 production forecast

Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) is moving in the right direction. The Toronto-based gold miner posted record quarterly and six-month production in the second quarter and first half of 2014, and expects to reach the top end of its…

Gold dor produced at Lake Shore Gold's Timmins West gold-mining complex in Ontario.  Credit: Lake Shore Gold

Lake Shore prepays $10M in debt

Toronto-based Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) says its strong operating results and growing cash position has helped it make a $10-million prepayment on a standby line of credit with Sprott Resource Lending Partnership, reducing the…

The crusher building at Lake Shore Gold's Bell Creek gold mill, 20 km northeast of Timmins, Ontario. Credit: Lakeshore Gold

Lake Shore rises on strong Q1 production

Shares in Lake Shore Gold (TSX: LSG; NYSE-MKT: LSG) rose after the Timmins, Ont.-focused gold firm posted another strong quarter after its Bell Creek mill expansion late last year.  

Drill rigs earlier this year at NioGold Mining's Marban gold project in Quebec.  Source: NioGold Mining

The Abitibi belt keeps giving

VANCOUVER — Only a true world-class gold camp reveals new ounces when a sector-wide downturn has quieted so many drills. As such, two estimates offering resource ounces is a good reminder that the Abitibi greenstone belt is one such camp.

U.S. markets, Aug. 12-16

Rising borrowing rates dampened consumer sentiment and the major U.S. stock indexes fell for the second week. The Dow Jones Industrial Average sank 2.23% — or 344.04 points to 15,081.47, its sharpest decline in a year — and the…

Trucks at Yamana Gold's Gualcamayo mine in Argentina's San Juan province. Source: Yamana Gold

Sandstorm to acquire Premier Royalty

Nolan Watson — the dynamo who co-founded Sandstorm Gold (TSX: SSL; NYSE: SAND) in the depths of the financial crisis in 2008 after serving as one of the first two employees at Silver Wheaton (TSX: SLW; NYSE-MKT: SAND) and as its chief…

Probe Mines CEO David Palmer (far right) leads a tour of the Borden gold project in northern Ontario. Source: Probe Mines

Probing Chapleau for more than just timber

CHAPLEAU, ONT. — Play the game of word association with anyone who has heard of the small town of Chapleau, located west of Timmins in northern Ontario, and lumber, wildlife and railcars are bound to come up.

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