Detour Gold Corporation

Detour Gold's Detour Lake gold mine, 185 km northeast of Cochrane, Ontario.  Credit: Detour Gold

Gold juniors that gained traction in 2014

It was another lacklustre year for gold and gold equities, with the spot price for gold dipping below 2013’s close and down 14% from the high reached in March 2014, to exit the year at US$1,182.90 per oz. Despite that dim backdrop, more…

Detour Gold general manager of operations Chuck Hennessey (left) with president and CEO Paul Martin in the processing plant at the Detour Lake gold mine in Ontario. Photo by Trish Saywell.

Steady hands whip Detour Lake into shape

COCHRANE, ONTARIO — When you look at the careers of Detour Gold’s (TSX: DGC) chief operating officer Pierre Beaudoin and president and CEO Paul Martin, it’s almost as if both men had been groomed for their task of bringing the…

Novo Resources' Beatons Creek gold project in western Australia.  Credit: Novo Resources

Are the clouds parting for juniors?

Junior gold explorer Novo Resources (CNSX: NVO) checks all the boxes: it’s led by a well-known, connected and respected geologist; it has several prospective gold projects (one of which has an inferred resource) in the low-risk…

A helicopter at Balmoral Resources' Martiniere gold property in Quebec's Abitibi region. Credit: Balmoral Resources

Balmoral shares surge on Bug Lake results

Shares of Balmoral Resources (TSX: BAR; US-OTC: BALMF) surged 21% to $1.04, with 4.6 million shares trading hands after the junior reported an intercept of 1,138 grams gold per tonne over 4.9 metres, including 9,710 grams gold over 0.57 metre…

TSX moves up, April 28-May 2

The Toronto stock market had a strong trading week, helped by decent corporate earnings and better-than-expected jobs data from the U.S., with the S&P/TSX Composite Index gaining 232 points to 14,765.15. 

TSX stays up, Feb. 18-21

The S&P/TSX Composite rose 150.96 points during the week to end at 14,205.72. The spot price for gold rose US$7 per oz. to $1,326.10, pushing up the gold miners. The S&P/TSX Global Gold Index added 4.03 points to 204.82, while the…

A dump truck dwarfs a worker at Detour Gold's Detour Lake gold mine in northeast Ontario.  Credit: Detour Gold

Detour expects lower 2014 cash costs

Detour Gold (TSX: DGC; US-OTC: DRGDF) estimates production this year to double and cash costs to improve at its Detour Lake gold mine in northeastern Ontario.

A truck at the Detour Lake gold mine. Credit: Detour Gold

Detour’s hard work pays off

The repair crew for Detour Gold (TSX: DGC; US-OTC: DRGDF) didn’t let the holidays get in the way of getting the job done.

Toronto Stock Exchange, Dec. 27-Jan. 3

An extreme cold weather front that kept most Canadians indoors over the holiday period also sent a chill through equity markets. The S&P/TSX Composite Index fell 0.2% on the first day of trading in 2014, finishing the week down a total of…

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