TSX posts strong gains, Jan. 19-23
The Bank of Canada’s surprise cut of the overnight interest rate to 0.8% from 1% — the first move on rates since September 2010 — combined with the European Central Bank’s decision the next day to buy €60-billion…
B2Gold Corp
TSX continues decline, Dec. 8-12
Canada’s benchmark index fell during the trading week as investors fretted over plunging oil prices and weaker-than-expected economic data from China. The S&P/TSX Composite Index lost 742.65 points, or 5%, to end at 13,731.05. The…
TSX posts gains, Nov. 10-14
The S&P/TSX Composite Index posted its fifth straight week of gains, buoyed in part by strong economic data showing manufacturing sales in Canada climbed 2.1% to $53 billion in September, compared with a 3.5% drop in August. The S&P/TSX…
AngloGold considers asset sales to pay down debt
VANCOUVER — Volatile gold markets have shifted the goal posts for miners, and South Africa’s AngloGold Ashanti (NYSE: AU) has responded by streamlining operations and getting a better grasp on its balance sheet. The company has…
B2Gold wrestles with operational issues at Masbate, Limon
VANCOUVER — Producer B2Gold (TSX: BTO; NYSE-MKT: BTG) has made a name for itself through its operational acumen in tough jurisdictions, but ongoing ramp-up issues caught up to the company during the third quarter.
TSX down again, Sept. 29 – Oct. 3
Canada’s main stock index posted its fifth straight weekly decline despite a positive jobs report in the U.S., weighed down by concerns including whether the central government in Beijing would move against pro-democracy protesters in…
TSX declines, Sept. 22-26
The S&P/TSX Composite Index lost 238.58 points during the trading week to end at 15,026.77. The S&P/TSX Global Gold Index stayed relatively flat at 170.72 points, while the spot price for gold added US$3.20 per oz. to US$1,219.40. The…
Calibre Mining wins over Pierre Lassonde
When executive chairman Doug Forster and director Blayne Johnson of Calibre Mining (TSXV: CXB; US-OTC: CXBMF) sat down at the Denver Gold Forum in mid-September and presented an update on the company’s Nicaraguan gold projects to Pierre…
TSX drops, Sept. 8-12
Canada’s main stock index fell during the trading week. The S&P/TSX Composite Index dropped 38 points to 15,531.58. The spot price for gold plunged US$40 to US$1,228.30, while the S&P/TSX Global Gold Index stayed relatively flat…
Juniors optimistic at the Precious Metals Summit
BEAVER CREEK, COLORADO — The fourth annual Precious Metals Summit, held at an exclusive ski resort in Beaver Creek, Colo., kicked off on Sept. 10, with more than 100 select juniors presenting over two days.
TSX up slightly, Aug. 11-15
The S&P/TSX Composite Index rose 0.71% to 15,304.24 while the S&P/TSX Capped Metals & Mining Index fell 2.06% to 885.07. The S&P/TSX Global Gold Index climbed 0.36% to 204.05 and the spot price for gold lost US$4.60 per oz., to…
Calibre Mining a golden bet in Nicaragua
VANCOUVER — Junior Calibre Mining (TSXV: CXB; US-OTC: CXBMF) appears well positioned to benefit from a trio of promising regional gold assets in Nicaragua.