VANCOUVER — Gold’s sliding price has forced mining majors to cancel new mines, shutter or sell high-cost operations, shelve expansion plans and dramatically write down asset valuations. Now gold’s price decline is cutting into…
The S&P/TSX Venture Composite Index rallied during the trading sessions after two consecutive weeks in the red, as it jumped 1.1%, or 10.78 points, en route to a 962.10-point close. Markets were bolstered by rising metal and energy futures,…
VANCOUVER — With a $275-million deal to buy the Marigold gold mine in Nevada, Silver Standard Resources (TSX: SSO; NASDAQ: SSRI) will be doubling its production profile, boosting its reserves by 50% and lowering its geopolitical risk.
VANCOUVER — How quickly relationships between potential partners can sour.
The Canadian market fell slightly during the week after the latest move by the U.S. Federal Reserve to cut its stimulus program by another US$10 billion per month, given signs of improvement in the U.S. economy.
Higher gold prices — up US$5.50 during the week to US$1,254.10 per oz. — helped lift the S&P/TSX Composite Index 1.02%, or 140.68 points, to 13,888.21. The S&P/TSX Global Gold Index climbed 6.67%, or 11.12 points, to 177.81;…
Osisko Mining’s (TSX: OSK; US-OTC: OSKFF) board has provided a long list of reasons why it believes its shareholders should reject the hostile $2.6-billion takeover bid tabled by Goldcorp (TSX: G; NYSE: GG) on Jan. 14.
VANCOUVER — Prominent Canadian gold miner Goldcorp (TSX: G; NYSE: GG) has proven to be more resilient in the face of falling precious metal prices than many of its peers. And if the company’s production guidance for 2014 is any…
Goldcorp (TSX: G; NYSE: GG) is launching a hostile $2.6-billion takeover bid for Osisko Mining (TSX: OSK; US-OTC: OSKFF) to acquire the smaller rival’s Canadian Malartic gold mine in Quebec, with many analysts arguing the…
Cash-rich miner Primero Mining (TSX: P; NYSE: PPP) is steaming ahead on the back off a strong third-quarter and a healthy cash position to support its near-term growth plans in Mexico.
The Dow Jones Industrial Average climbed 170.63 points to 15,570.28, or 1.11%, and the S&P 500 rose 15.27 points to 1,759.77, or 0.88%. The Philadelphia Gold & Silver Index advanced 7.55 points to 99.72, or 8.19%.
ZACATECAS, MEXICO — Defiance Silver (TSXV: DEF; US-OTC: DNCVF) is determined to beat the odds and secure the funds it needs to bring the San Acacio project — containing the past-producing San Acacio silver mine and the Santa…
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