TSX rises then pulls back
The TSX Composite Index managed to finish the Oct. 29 to Nov. 2 period 98 points higher at 12,380 points, despite giving back some of its earlier period gains.
Centamin plc
Centamin battles legal challenge from Egyptian court
VANCOUVER — Toronto-listed gold miner Centamin (CEE-T, CEY-L) has run into legal issues at its flagship Sukari operation near the Red Sea in southeastern Egypt. On Oct. 30, Centamin acknowledged that the Egyptian administrative court had…
Centamin’s upgrades a ray of sunshine at Sukari
Shareholders of Egypt-focused gold miner Centamin (CEE-T) have gotten a welcome bit of good news with the the company releasing an upgraded open-pit plan for its flagship Sukari gold mine in southeastern Egypt, some 700 km south of Cairo near…
Centamin’s open-pit upgrades a ray of sunshine at Sukari
VANCOUVER — Shareholders of Egyptian gold-operator Centamin (CEE-T, CEY-L) received a welcome bit of good news when the company released an upgraded open-pit plan for its flagship Sukari gold mine 700-km from Cairo near the Red Sea.
La Mancha planning second life for Hassai
For the past six years, Martin Amyot has been making an annual trek to Vancouver to try to convince investors that not only has Sudan had a gold mine in continuous operation since 1991, but also that the mine will be in operation for years to…
Global market downturn hits Toronto hard
The holiday shortened Aug. 2 -5 period may have been brief but it didn’t lack drama. The TSX Composite Index suffered its greatest fall since the recession of 2008 as the Index lost 1,267 points to finish at 11,743.77 points. And the downward…
Mining risks and rewards in Africa
A record number of delegates descended on Cape Town in early February to hear about new African investment opportunities as countries continue to stabilize and open up, though risks remain.
Risks and rewards in an emerging Africa
Cape Town, South Africa – A record number of delegates descended on Cape Town in early February to hear about new African investment opportunities as countries continue to stablize and open up, though risks remain.
TSX approaches pre-recession levels
By looking only at the TSX Composite Index, the recession would appear to be miles away. The Index was up 2% or 288 points for the Feb. 14-18 and actually got within 6% shy of the 15,000 level that it peaked at before the recession hit.
TSX reverses trend on Middle East unrest for Jan. 24-28 week
Toronto’s resource laden composite index rose 179 points, or 1.4%, over the report period Jan. 24-28 as unrest in the Middle East sent gold and oil higher at the end of the week. The price of crude oil slipped to the mid-80s before recovering…
The newest play on the Egyptian gold scene
While Centamin Egypt (CEE-T, CEY-L) has become synonymous with modern gold mining in Egypt, another, much smaller player, is looking to steal a bit of its thunder in the land of the pharaohs.
A new player on the Egyptian gold scene
While Centamin Egypt (CEE-T) has become synonymous with gold mining in Egypt, another, much smaller player, …