Endeavour works to win market favour
Endeavour Mining (EDV-T, EVR-A) has its own way of dealing with recent stingy market valuations for gold companies: put its head down and dig.
News
Editorial: The PDAC-saw
The first week of March was dominated by the Prospectors and Developers Association of Canada’s mega-convention in Toronto, with 30,147 investors, analysts, mining executives, geologists, government officials, students and international…
Delving deeper into Colombia’s mining issues
Colombia is currently one of the world’s more enigmatic mining jurisdictions. There is no denying that country’s lost ‘cocaine’ years have left it with swaths of unrivalled prospective ground ripe for modern exploration. Added to…
With no rival bids, First Quantum set to acquire Inmet
VANCOUVER – In the end, predictions of a bidding war for Inmet Mining (IMN-T) ended up being much ado about nothing. Instead, the lack of rival bids for a company with a massive, undeveloped copper project in Panama ended up an apt…
Labrador Iron to get $30M from Tata Steel
Labrador Iron Mines (LIM-T) is expecting to receive $30 million from India’s Tata Steel as part of an alliance it recently entered with the company’s subsidiary to create cost synergies in the Labrador Trough region,…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, March 12, 2013 Precious MetalsPrice…
Toronto Stock Exchange, March 4-8
The S&P/TSX Composite Index was up 70 points to 12,835.61 for the period — offering a muted version of events south of the border, where the Dow Jones Industrial Average reached record nominal highs.
TSX Venture Exchange, March 4-8
The S&P/TSX Venture Composite Index closed out another week with relatively little movement, falling just 0.2%, or 2.24 points, before settling at 1,117.85. Despite strong job reports from Canada and the U.S., the Venture is grappling with…
U.S. Markets, March 4-8
U.S. stocks ended in positive territory during the trading week, helped by strong jobs data.
Guyana offers golden upside for frontier explorers
VANCOUVER — Though the last commercial-scale, gold-mining operation in the small Caribbean nation of Guyana closed its doors in 2005, the country’s intriguing geology and artisanal mining history continue to beckon Toronto-listed…
Sacre-Coeur proving its mettle
VANCOUVER — It has been nearly a decade since Gregory Sparks put together a large property package in Guyana, with the hope of discovering a gold deposit that could become an attractive acquisition target for a major gold miner.
Survival tips for juniors
In a market where majors are struggling to perform, there seems little hope that all juniors will weather the storm, making strategies to survive a popular theme at this year’s Prospectors and Developers Association of Canada (PDAC)…