US markets up, Jan. 18-22
The Dow Jones Industrial Average rose 0.6% to finish the week at 30,996.98 and the S&P 500 climbed 0.02% to 3,841.47. Spot gold jumped US$26.90 per oz., or 1.47%, to…
Iamgold
US markets mixed, Jan. 4-8
The Dow Jones Industrial Average rose 1.61% to finish the week at 31,097.97 and the S&P 500 declined by 1.83% to 3,824.68. Spot gold dropped US$48 per oz., or 2.53%,…
Roscan Gold advances Kandiole project in Mali
Since acquiring the Kandiole project in Mali three years ago, Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has served up some of the best drill intercepts in West Africa and made…
Iamgold cuts guidance after Westwood mine halt
Iamgold (TSX IMG; NYSE: IAG) has again lowered its production targets for the year, after suspending operations at its Westwood underground mine in southwestern Quebec following an earthquake. The Toronto-based…
Quebec snapshot: Eight companies to watch
With a large landmass, favourable mining policies and a strong history of mine development and operations, Quebec is one of the world’s top destinations for mineral explorers and developers. Below,…
Caldas Gold adds to Juby resource in Ontario
An updated resource estimate for Caldas Gold’s (TSXV: CGC) Juby gold project in Ontario, 15 km from Gowganda, features two open-pit deposits, with a total of 21.3 million indicated tonnes…
BHP to fund Midland nickel exploration in Quebec
Midland Exploration (TSXV: MD) says it has struck a new funding deal with a subsidiary of BHP (NYSE: BHP; LSE: BHP) for nickel exploration activities in northern Quebec. BHP’s unit,…
Roscan buys Komet’s Dabia Sud gold property in Mali
Roscan Gold (TSXV: ROS; US-OTC: RCGCF) has signed a definitive agreement with Komet Resources (TSXV: KMT) to purchase the 35-sq.-km Dabia Sud gold property, which lies directly north of the…
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…
Iamgold study expands Essakane mine in Burkina Faso
A feasibility study has found that increasing the carbon-in-leach (CIL) plant capacity and postponing the heap leach operation to the end of the mine life is more economical than operating…
US markets trend downward, Dec. 10-14
The gold price fell 0.7% to close the trading week at US$1,238.10. The Philadelphia Gold and Silver Index fell 0.5% to 67.59 and the Dow Jones Industrial Average fell 1.18%…
New Gold sells Mesquite to Equinox
Renaud Adams hasn’t wasted any time settling into his new job at New Gold (TSX: NGD; NYSE-AM: NGD). A week after taking the helm as president and CEO of the…