Energy and banking stocks helped drive the S&P/TSX Composite Index higher, while Canada’s main stock index also got a lift from reassuring comments mid-week in the U.S. from the Federal Reserve that it remains committed to withdrawing…
Gold producer Rio Alto Mining (TSX: RIO; NYSE: RIOM) is acquiring developer Sulliden Gold (TSX: SUE, US-OTC: SDDDF) in a friendly $300-million, all-share deal to create a new mid-tier gold firm with low-cost operations in Peru.
VANCOUVER — Recent headlines have focused on the impact of a lower gold-price environment on the in-situ reserves and spending habits of majors and producers, but there’s also been a shift amongst smaller-cap companies with…
Rio Alto Mining (TSX: RIO; TSXV: RIO; NYSE: RIOM) is inching closer to producing copper from its La Arena project in northern Peru, with a recent environmental approval for an 18,000-tonne-per-day, open-pit sulphide operation.
Nearly nine months after Sulliden Gold (TSX: SUE; US-OTC: SDDDF) submitted an environmental impact assessment of its Shahuindo gold project in Peru, the country’s Ministry of Energy and Mines has given the green light to the proposed…
VANCOUVER — For mining companies pursuing growth, it is a good time to buy. Several years of depressed base metal prices combined with a recent downturn in the gold price means junior miners and explorers are generally cheap, which is the…
The downturn in the gold market may be making investors anxious, but the head of one of Canada’s most prominent gold miners, Agnico-Eagle Mines (AEM-T, AEM-N), is staying as cool as a spring breeze in Nunavut.
The downturn in the gold market may be making investors anxious, but the head of one of Canada’s most prominent gold miners, Agnico-Eagle Mines (AEM-T, AEM-N), is staying as cool as a spring breeze in Nunavut.
After what Sulliden Gold (SUE-T, SDDF-O) describes as a “thorough technical review,” Agnico-Eagle Mines (AEM-T, AEM-N) has made a $24 million strategic investment in the junior and its Shahuindo project in northern Peru.
While a feasibility study for Sulliden Gold’s (SUE-T) Shahuindo project in northern Peru envisions a somewhat smaller and slightly more expensive gold operation than previously thought, the project’s economics are…
Growing concern over the possibility of another recession on the horizon had the TSX Composite Index following global markets as it fell 235 points to 12,317.46 points for the Sept.24-28 period.
While a feasibility study for Sulliden Gold’s (SUE-T) Shahuindo project in northern Peru envisions a somewhat smaller and slightly more expensive gold operation than previously thought, the project’s economics are still…
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