Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 28, 2014Precious MetalsPrice…
News
Orezone streamlines heap-leach economics at Bombor
VANCOUVER — Around seven months ago junior Orezone Gold (TSX: ORE; US-OTC: ORZCF) announced a notable shift in strategy at its Bomboré project 85 km east of Ouagadougou, Burkina Faso. The company had initially hoped to take…
Troy models low-cost gold mine at West Omai in Guyana
VANCOUVER — With lower overall gold prices taking hold, it’s become important for developers to find affordable projects — and Latin America-focused Troy Resources’ (TSX: TRY; US-OTC: TRYRF) wholly owned West Omai gold…
Murenbeeld explains gold’s decline and argues for coming climb
VANCOUVER – Gold’s fall last year and its outlook in 2014 are both complicated and straightforward, according to Martin Murenbeeld, the chief economist with Dundee Capital Market, and his weighing of all factors results in a gently…
TNM staff writer discusses BC mining on CBC Radio
The Northern Miner’s staff writer Matthew Keevil joined host Mark Forsythe on CBC Radio’s B.C. Almanac show in Vancouver this afternoon to discuss the B.C. government’s jobs plan and the state of the province’s mining…
Petra Diamonds’ H1 output up 31% in fiscal 2014
Petra Diamonds (LSE: PDL) is in good shape to meets its fiscal 2014 guidance of 3 million carats.
OceanaGold posts strong finish in 2013
OceanaGold (TSX: OGC; US-OTC: OGDCF; ASX: OGC) exceeded its gold and copper production guidance for 2013 at lower than planned costs, while slashing debt by US$45 million in the fourth quarter, the company reports.
Adanac Moly renews pleas for takeover
For the last two years, Adanac Molybdenum (TSXV: AUA; US-OTC: AUAYF) has tried to find a buyer for all or part of the companyl, and its Ruby Creek molybdenum project in B.C.
Toronto Stock Exchange, Jan. 13-17
Higher gold prices — up US$5.50 during the week to US$1,254.10 per oz. — helped lift the S&P/TSX Composite Index 1.02%, or 140.68 points, to 13,888.21. The S&P/TSX Global Gold Index climbed 6.67%, or 11.12 points, to 177.81;…
Gold Reach keeps pulling mineralization out of Ootsa
VANCOUVER — With 53 drill holes completed in 2013, Gold Reach Resources (TSXV: GRV; US-OTC: GRJVF) is showing that the hills around Houston reliably host copper, gold, silver and molybdenum.
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, January 21 2014Precious MetalsPrice…
Xmet grabs land around Zenyatta’s Albany graphite play
VANCOUVER — Several months ago, explorer Xmet (TSXV: XME; US-OTC: XMTTF) hit the brakes on its acquisition of the resource-stage Duquesne–Ottoman gold project from Clifton Star Resources (TSXV: CFO) due to tough market…