US markets slip, March 15-19
The Dow Jones Industrial Average dropped 0.46% to finish the week at 32,627.97 and the S&P 500 fell 0.77% to 3,913.10. Spot gold fell by US$17 per oz., or 0.98%, to…
Eldorado Gold
Newmont to buy GT Gold
Newmont (TSX: NGT; NYSE: NEM), the world’s No. 1 gold miner, is acquiring all the shares it doesn’t already own in Canadian explorer GT Gold (TSXV: GTT) in a cash deal…
TSX posts gain, Mar. 1-5
The S&P/TSX Composite Index advanced 1.80% to 18,381.00. The S&P/TSX Global Base Metals Index climbed 1.21% to 165.45, and the S&P/TSX Global Mining Index rose 1.16% to 106.23. Spot gold…
Eldorado posts initial resource for high-grade Ormaque deposit at Lamaque
Eldorado Gold (TSX: ELD; NYSE: EGO) has released an initial resource estimate for the Ormaque deposit within its Lamaque operation in Quebec. The deposit, halfway between the operating Lamaque-Triangle mine…
Eldorado to buy QMX Gold for US$105 million
Eldorado Gold (TSX: ELD; NYSE:EGO) is buying QMX Gold Corp. (TSXV: QMX) by acquiring all the shares it doesn’t already own in the Quebec-focused explorer, in a deal worth $132 million…
TSX up, Jan. 4-8
The S&P/TSX Composite Index rose 3.37% to 18,042.07 during the Jan. 4-8 trading week. The S&P/TSX Global Mining Index climbed 7.22% to 109.70, and the S&P/TSX Global Base Metals Index…
Editorial: The good, the bad and the absurd
First the good news: Quebec’s decision last week to add mining to the list of priority activities and services permitted during the pandemic elicited quiet cheers from investors and lifted…
Exploration Snapshot: Gold and silver projects of note
With the rise in the gold price over the past year, precious metals exploration has picked up steam worldwide. Below we feature eight companies across the exploration, development and production…
Eldorado resource on Bolcana estimates 6.5M ounces of gold
A maiden resource estimate on Eldorado Gold’s (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six kilometres from the company’s Certej project, has delivered 6.5 million inferred ounces…
Quebec Snapshot: Eight companies pushing projects towards production
There’s been a buzz of activity in La Belle Province throughout 2018, with junior and mid-level gold explorers and developers taking the lead. Here is a look at eight companies…
Dow Jones down, S&P 500 up, July 9-13
Rising discord between the U.S. and its major trading partners Canada, Europe and China put pressure on some stocks, while the rising U.S. dollar put pressure on gold. The Dow…
US markets end lower, April 2-6
Concerns over a U.S.-China trade war mounted after U.S. President Donald Trump suggested imposing another $100 billion in tariffs on Chinese imports. The Dow Jones Industrial Average fell 0.71% to…