TSX Venture rises, July 25-29
The S&P/TSX Venture Composite Index jumped 26.2 points, or 3.4%, to a 796.17-point close, while spot gold prices gained US$28.55, or 2.2%, to US$1,351.28 per oz. gold. Comex copper edged…
News
TSX stays flat, July 25–29
The S&P/TSX Composite Index stayed relatively flat at 14,582.74. The benchmark index increased 3.7% in July, marking its best month since March. The S&P/TSX Capped Diversified Metals & Mining Index…
US equities end lower, July 25-29
U.S. markets ended lower during the last week of July. The Dow Jones Industrial Average shed 0.8% to finish at 18,432.24 and the S&P 500 Index slipped 0.07% to 2,173.60….
Downie’s Premier Gold to buy Mercedes in Mexico for US$140M
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has offered to buy Yamana Gold’s (TSX: YRI; NYSE: AUY) Mercedes mine in Mexico’s Sonora state for US$140 million, in a move that…
Facts ‘n’ Figures: Gold is ‘back in style’ amid economic, political uncertainty, GFMS says
The following is an edited commentary by Thomson Reuters as it publishes its “GFMS Gold Survey: Q2 2016 Review and Outlook”, which is available for download at https://forms.thomsonreuters.com/gfms/. The first…
Odds ‘n’ Sods : Cobalt’s silver boom and the rise of mining media in Canada
The early history of hard rock mining in Ontario is essentially the story of the discovery of silver in Cobalt in 1903. It wasn’t long before the Cobalt mines became…
Gold majors deliver Q2 results
Many companies published their second-quarter earnings on July 27, including gold miners Barrick Gold (TSX: ABX; NYSE: ABX), Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Goldcorp (TSX: G; NYSE: GG)…
Yukon Premier supports mines
DAWSON CITY, YUKON — Lining the quartz-gravel roads of Yukon’s Dawson City, the commercial hub of the legendary Klondike placer goldfields, are a number of derelict buildings that once gave…
Maritime offers streaming royalty to investors
Maritime Resources (TSXV: MAE) has gotten inventive with its financings to help advance its 100%-held Green Bay gold property in Newfoundland and Labrador. The junior has offered a streaming royalty as…
Treasury Metals to acquire Goldeye
Treasury Metals (TSX: TML) and Goldeye Explorations (TSXV: GGY) are planning to combine forces in an all-share deal that would give Treasury another significant gold project in northern Ontario. Treasury…
Commentary: New SEC reporting rules to ‘level playing field’
Currently, U.S. mining companies must report to investors and the public on their mineral properties in compliance with an overlapping and archaic mineral disclosure regime set out in Industry Guide…
Editorial: Komatsu scooping up Joy Global for US$2.9B
Just in time to create even more excitement at the massive, once-every-four-years MINExpo International convention in Las Vegas in September, Tokyo-based manufacturing giant Komatsu has struck a friendly, blockbuster deal…