Typhoon Haiyan: The relief after the storm
Typhoon Haiyan swept across the Philippines on Nov. 8, killing nearly 4,000 people, with thousands more missing and feared dead.
News
Hound looks like a winner for Endeavour
VANCOUVER — The Houndé project in Burkina Faso could be developed into a mine churning out almost 180,000 oz. gold annually for an investment of just US$315 million, according to a new feasibility study from Endeavour Mining (TSX:…
Dynacor’s strategy sets it apart
TUMIPAMPA, PERU — Junior exploration budgets have shrivelled by as much as 39% this year according to a study released in October by SNL Metals Economics Group, but a visit to Dynacor Gold Mines’ (TSX: DNG; US-OTC: DNGDF) operations…
TSX Venture Exchange, Nov. 11-15
The S&P/TSX Venture Composite Index finished in the red, dropping 3.34 points en route to a 934.07-point close. Markets were on pace to register an even larger loss before a late recovery aided by rising metals and energy prices, as well as…
Little-known Oceanus makes its mark in Mexico
Oceanus Resources (TSXV: OCN) is finding high-grade gold-silver mineralization on its wholly owned La Lajita property in Mexico’s Sierra Madre Occidental region, and says the project has rocks and structures similar to Agnico Eagle…
Solid Resources teams with Glencore in Spain
VANCOUVER — Good relationships in Spain have paid off for B.C.-based explorer Solid Resources (TSXV: SRW; US-OTC: SLDRF).
Imperial Metals rises on solid Q3
VANCOUVER — Three months of business as usual meant $14.7 million in net income for Imperial Metals (TSX: III; US-OTC: IMPLF). And investors showed their appreciation, boosting the company’s share price by more than 6%.
Marathon expands gold potential in Newfoundland’s Central Mineral Belt
In the final days of October, Marathon Gold (TSX: MOZ; US-OTC: MGDPF) reported grab samples of up to 58.13 grams gold per tonne in a new area of quartz-tourmaline-pyrite (QTP) veining it has found in the Sprite zone, 1.5 km along strike from…
Editorial: Silver goes its own way
The latest silver-market review by Thomson Reuters GFMS shows that silver has been charting its own path this year amongst the precious metals.
U.S. markets, Nov. 11-15
The Dow Jones Industrial Average and the S&P 500 Index had another week of record highs. The Dow edged 1.27% higher to close the week at 15,961.70, while the S&P 500 advanced 1.56% to 1,798.18. The Philadelphia Gold & Silver Index…
Hecla sees potential in junior explorers
VANCOUVER — The market landscape has shifted for juniors with exploration-stage assets. And though equity markets remain tough, there are opportunities for producers like U.S.-based Hecla Mining (NYSE: HL) that are looking to get…
Toronto Stock Exchange, Nov. 11-15
The S&P/TSX Composite Index was up 88 points to 13,482.57 points for the period, with signs that economic stimulus from central banks could continue.