Institutional investors turn to gold
In the face of historically low interest rates and chronically depressed bond yields, institutional investors are turning to gold as a portfolio diversifier. Gold has been largely shunned by institutional…
Gold
Monarch Mining grows McKenzie Break gold resources
After completing a Plan of Arrangement with Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY) in January, Monarch Mining (TSX: GBAR) is now working to advance spin-out assets within the…
Great Bear zones in on more near-surface gold at Dixie
Great Bear Resources (TSXV: GBR; US-OTC: GTBAF) has released new assay data for three drillholes completed on section 19925 as the company moves towards a tighter drill spacing along the…
Precious Metals Snapshot: Eight companies to watch
Well-known as a store of value, precious metals are a particularly appealing investment during times of uncertainty. This appeal, combined with recent upward price moves, makes companies in this space…
Mongolia asks Rio Tinto to mutually cancel Oyu Tolgoi’s deal
Mongolia’s government is said to be actively seeking to cancel a deal with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) governing a US$6.75 billion expansion of the Oyu Tolgoi…
TSX Venture mixed, Feb. 1-5
The S&P/TSX Venture Composite Index soared 10.91% to finish the trading week at 1,022.64. Spot gold fell US$32.90 per oz., or 1.78%, to US$1,815.20 per ounce. Eskay Mining climbed 60¢ to…
US markets mixed, Feb. 1-5
The Dow Jones Industrial Average climbed 3.89% to finish the week at 31,148.24 and the S&P 500 advanced 0.02% to 3,841.47. Spot gold fell US$32.90 per oz., or 1.78%, to…
TSX up, Feb. 1-5
The S&P/TSX Composite Index jumped 4.61% to 18,135.90 during the Feb. 1-5 trading week. The S&P/TSX Global Mining Index rose 3.29% to 104.10, and the S&P/TSX Global Base Metals Index…
Eldorado Gold inks revised investment contract with Greece
Eldorado Gold (TSX: ELD; NYSE: EGO) has inked an amended investment agreement with the Greek government covering the miner’s operations in the north of the country. The new contract between Eldorado’s…
Gatling Exploration’s shift in focus starts to pay off at Larder
Initial assays from Gatling Exploration’s (TSXV: GTR; US-OTC: GATGF) 25,000-metre drill program at its Larder gold project in northern Ontario are validating the company’s decision to shift its exploration strategy to focus…
Radisson extends high-grade gold mineralisation below O’Brien
Drilling on Radisson Mining Resources’ (TSXV: RDS; US-OTC; RMRDF) 100%-owned flagship O’Brien gold project in Quebec continues to hit high-grade mineralisation below the current resource. Radisson said the drilling campaign has…
Northisle tables updated PEA on 22-year mine at North Island project in BC
Northisle Copper and Gold (TSX: NCX) has released an updated preliminary economic assessment on a 22-year, 75,000 tonne-per-day open pit development within its North Island project at the north end…