Carpathian Gold Inc

TSX inches up, June 22-26

Canada’s benchmark index added 1% to finish at 14,808.09, despite concerns rising over the Greek debt crisis. The S&P/TSX Capped Diversified Metals & Mining Index, however, slipped 0.8% to 695.56. The S&P/TSX Global Gold Index…


TSX slumps, June 8-12

Renewed concerns over a potential Greek debt default and its effect on the euro pushed down Canada’s benchmark index. The S&P/TSX Composite Index fell 1.4% to 14,741.15. The S&P/TSX Global Gold Index dropped 3.2% to end at 154.27…


TSX closes in the red, May 25-29

Concerns of a shrinking economy drove Canada’s main stock index down 1.2% to close at 15,014.09. The S&P/TSX Capped Diversified Metals & Mining Index decreased 2.7% to 727.52, and the S&P/TSX Global Mining Index retreated 1.7%…


TSX takes a break, June 30-July 4

Trading on the Toronto Stock Exchange was on the downbeat during the Canada Day shortened week, with the S&P/TSX Composite Index losing nearly 69 points to finish at 15,214.96.  The spot price for gold retreated US$7.91 per oz. to…



Carpathian’s RDM mine remains closed, CEO resigns

Shares of Carpathian Gold (TSX: CPN; US-OTC: CPNFF) sank 22%  to 7¢ apiece after the Toronto-based miner shuffled its management, including axing its CEO, weeks after it was forced to shutter its newly producing Riacho dos Machados…


Processing facilities at Carpathian Gold's Riacho dos Machados   gold mine in Brazil. Credit: Carpathian Gold

Carpathian suspends new RDM gold mine

Carpathian Gold (TSX: CPN; US-OTC: CPNFF) has temporarily halted production at its new Riacho dos Machados (RDM) gold mine in Brazil, a day after pouring its first doré gold bar.


Carpathian sinks on financing

Carpathian Gold’s shares (TSX: CPN; US-OTC: CPNFF) fell 26% after the company announced a bought-deal financing to finish developing its Riacho dos Machados (RDM) gold project in Minas Gerais, Brazil.


Driling at Carpathian Gold's Riacho dos Machados project in Brazil in 2010. Source: Carpathian Gold

Brazil production in sight, Carpathian says

Gold production at Carpathian Gold’s (CPN-T) Riacho dos Machados project in Brazil will start at the end of the third quarter of this year, making the Toronto-based junior the South American nation’s newest producer of the metal.



Carpathian hit with construction stoppage in Brazil

Vancouver – Carpathian Gold (CPN-T) has been forced to abruptly halt construction at its Riacho dos Machados gold project on environmental grounds barely a month after the Brazilian government approved the project.


TSX rises in spite of weaker gold prices

The TSX Composite Index managed to scratch out a small gain for the Sept 12-16 as it rose 50 points to reach 12,263.71. The upward move came as fears of a double-dip recession subsided with stronger than expected results out of the Canadian…


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