Promising assays from Lake Shore Gold’s (LSG-T) Thorne gold property in Timmins, Ont., did little to lift the company’s shares. The junior has been trading near its 52-week low of $1.91 (Aug. 15, 2011) since releasing dismal second-quarter…
Hollywood actors, climate experts and other opponents of the proposed Keystone XL pipeline will have ninety days to prevent the final approval of the project after the U.S. State Department ruled on Friday that the pipeline would have “no…
An Ontario Superior Court, in Keewatin v. Ontario, has cast doubt on the validity of provincial forestry licenses in the Treaty 3 area of northwestern Ontario, which includes the Red Lake gold camp. Mining could also be at risk of litigation in…
AuRico Gold (AUQ-T, AUQ-N) wants to be the world’s next significant intermediate gold producer, and it has tabled a rich, all share offer for Northgate Minerals (NGX-T, NXG-X) to help it get there.
Junior Goldgroup Mining (GGA-T, GGAZF-O) believes it can produce more than 200,000 ounces of gold a year within three years through organic growth from a combination of its Mexican assets and Canaccord Genuity mining analyst Nicholas Campbell…
After the storms came the sun as markets recovered, if only slightly, for the Aug. 22-26 period with the TSX Composite Index rising 92 points to finish at 12,327.51 points. With the improvement talk shifted to aspects of the economy that…
Paladin Energy (PDN-T) “remains the only significant public uranium producer without a strategic investor/alliance,” making the company “a very attractive takeover target,” Canaccord Wealth Management remarked in a note to clients this morning.
Vancouver – The S&P TSX Venture composite index was fairly calm in the August 22 to 26 period, with the fluctuating gold price not translating directly to stock movements. Still, three days of losses outweighed two days of gains, leaving…
U.S. stocks posted their first positive trading week in more than a month with the Dow Jones Industrial Average gaining 4.32% or 466.89 points to close at 11,284.54 and the S&P 500 index adding 53.27 points or 4.74% to finish at 1,174.80….
Alexis Minerals (AMC-T) is looking to make a comeback.
Canada’s Endeavour Mining (EDV-T) and Australia’s Adamus Resources (ADU-V, ADU-A) are planning to merge and create a “growth-focused West African gold producer” with pro forma production this year of about 170,000 oz. gold from two mines,…
Exploration at Rio Novo Gold’s (RN-T) Vira-Saia target on its Almas gold project in Brazil is yielding shallow, low-grade mineralization likely amenable to bulk mining methods, analysts say.
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