San Gold Corporation

TSX surges, Dec. 15-19

A rebound in oil prices and news the U.S. Federal Reserve would take a patient approach to hiking interest rates helped Canada’s benchmark index achieve its best weekly gain in three years. The S&P/TSX Composite Index soared 736.21…



Drillers underground at San Gold's Rice Lake gold mine in Manitoba. Credit: San Gold

San Gold drilling points to ‘Rice Lake repeat’

VANCOUVER — It’s been a rocky time for producer San Gold (TSX: SGR; US-OTC: SGRCF) as it strives to optimize operations at its Rice Lake gold complex near Bissett, Man., but recent drilling appears to offer upside. The company is…


Equipment at Kerr Mines' past-producing Copperstone gold mine in Arizona. Credit: Kerr Mines.

San Gold to merge with Kerr Mines

Winnipeg-based junior miner San Gold (TSX: SGR; US-OTC: SGRCF) is merging with Toronto-based explorer and developer Kerr Mines (TSX: KER; US-OTC: AISDC). San Gold intends to use the skills it honed turning around its Rice Lake gold mine complex…




San Gold exploration manager Bill Ferreira  at the Rice Lake gold mining complex in Bissett, Manitoba. Source: San Gold

San Gold aims to become cash positive in late 2013

San Gold (SGR-T) is striving to improve its performance while battling unfavourable market conditions and declining gold prices by re-focusing on profitability rather than on growth like many of its peers and seniors these days.


Market news: Toronto Stock Exchange

The S&P/TSX Composite Index was off 103 points to 12,686.63 for the period, as market activity unfolded in anticipation of a G20 meeting addressing the emerging theme of “currency wars” — where one country after another…


The Hinge mine portal at San Gold's Rice Lake mining complex in Manitoba. Source: San Gold

San Gold sinks on higher costs, lower guidance

San Gold (SGR-T) shares tumbled 42% over three trading days after the gold miner missed market expectations with its 2012 production results, three-year guidance and updated reserve-and-resource estimate, all published on Feb. 8.


TSX lower as write-downs hurt gold miners

The TSX Composite Index was off 103 points to 12,686.63 for the Feb. 11-15 period as market activity unfolded in anticipation of a G20 meeting set on addressing the emerging theme of currency wars — where one country lowers the value of…



San Gold rises sharply on drill review

A review of drilling results at San Gold’s (SGR-T) Rice Lake mining complex in Manitoba did the trick, as the release seemed to remind the market of the projects prospectivity.


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