2013



U.S. markets, Dec. 9-13

U.S. markets took a hit during the week, with the Dow Jones Industrial Average falling 264.84 points, or 1.6% to 15,755.36. The broader S&P 500 Index tumbled nearly 30 points to 1,775.32. The Nasdaq Composite Index slipped 61.54 points to…


Toronto Stock Exchange, Dec. 9-13

The S&P/TSX Composite Index fell 155.02 points, or 1.17% to 13,125.70, while the S&P/TSX Capped Diversified Metals & Mining Index shed 13.54 points, or 1.86%, to 715.01 points during the trading week. Gold moved in the opposite…


Yellowhead lines up $8M for Harper Creek

Yellowhead Mining (TSX: YMI; TSXV: YMI) has announced an $8-million convertible debt financing with Calgary-based private firm Matco Investments to continue working on its flagship Harper Creek copper–gold–silver project in southern…


Mining operations at Brigus Gold's Black Fox project in Ontario. Credit: Brigus Gold

Primero bids for Brigus Gold

VANCOUVER — It’s been just over two years since gold producer Primero Mining (TSX: P; NYSE: PPP) was outbid for the Young–Davidson gold mine in Ontario by AuRico Gold (TSX: AUG, NYSE: AUQ), but the company…


Detour Gold founder and former CEO Gerald Panneton. Credit: Sam Crittenden

Detour sinks on CEO’s exit

Detour Gold’s (TSX: DGC; US-OTC: DRGDF) CEO and founder Gerald Panneton has resigned without the company providing an explanation for his sudden departure, sending shares spiralling amid speculation that it may need more funds to ramp up…



Coeur commits to royalty business

In an attempt to generate a higher margin, less volatile free cash flow and diversify its metal exposure and future avenues for growth, Coeur Mining (TSX: CDM; NYSE: CDE) is acquiring privately held Global Royalty Corp., which has interests in…




Drill Hole 4F5 from Zenyatta Ventures' Albany graphite project in northern Ontario. Credit: Zenyatta Ventures

Zenyatta sinks on Albany’s resource estimate

Zenyatta Ventures (TSXV: ZEN) has published its first resource estimate on its 100% Albany vein-type graphite deposit in the Arc of Fire region within northern Ontario’s Porcupine Mining district, sending its shares sliding.


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