Wall Street rises, Nov. 21–25
U.S. equities ended holiday-shortened trading in positive territory. The S&P 500 Index rose 1.4% to 2,213.35, while the Dow Jones Industrial Average advanced 1.5% to 19,152.14. The Nasdaq Composite Index…
South America
Advantage Lithium to acquire up to 75% of Orocobre’s Cauchari
Lithium producer Orocobre (TSX: ORL) plans to partner with junior Advantage Lithium (TSXV: AAL) on its Cauchari lithium project in northwestern Argentina’s Jujuy province. Cauchari is 15 km south of…
Aura Minerals sketches positive economics at EPP
Aura Minerals (TSX: ORA) has tabled a positive feasibility study on its recently acquired Ernesto/Pau-a-Pique (EPP) gold project in Brazil’s western Mato Grosso state, not too far from its producing…
Pressure grows on Samarco, one year after tailings disaster
Legal and financial pressures are mounting on Samarco, one year after a tailings dam failure sent 60 million cubic metres of mine waste and sludge into Brazil’s Rio Doce river…
Hudbay reopens Constancia after brief suspension
Hudbay Minerals (TSX: HBM; NYSE: HBM) announced on Nov. 8 that it had suspended operations at its Constancia copper mine in Peru for safety reasons after trespassers entered the open-pit…
TSX falls, Oct. 31-Nov. 4
News that Canada’s gross domestic product expanded 0.2% in August after a 0.4% increase in July, and unease about the outcome of the U.S. presidential race, sent the S&P/TSX Composite…
Sandspring drills Sona Hill anomaly near Toroparu
A year ago, Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) “couldn’t beg, buy or steal money,” CEO Richard Munson says, “and there was a period of time when I was lending…
Eldorado re-emphasizes internal growth, exploration
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) will likely have $1 billion in total liquidity on its balance sheet at year-end thanks to the proposed sale its Chinese gold mines,…
Raymond James’ top nine gold stocks
Raymond James analysts Phil Russo and Chris Thompson are sharing their top nine gold stocks, expected third-quarter earnings per share and their thoughts on the gold price in an Oct….
Brazil-focused Crusader Resources features high-profile board
Investors in North America may not be familiar with Aussie gold junior Crusader Resources, but investors in Australia would have heard of the company’s largest shareholder and non-executive chairman, Stephen…
Yamana revisits plans to divest Brio Gold portfolio
VANCOUVER — Last year Yamana Gold (TSX: YRI; NYSE: AUY) floated the idea that it could divest a number of “non-core” South American assets to optimize its operating portfolio, lower…
Mariana Resources acquires first African project
Mariana Resources (TSX: MRY) is on the verge of releasing a preliminary economic assessment of its Hot Maden joint-venture gold-copper project in Turkey and gearing up for a mid-year field…