US markets post marginal increase, Sept. 18-22
The Dow Jones Industrial Average inched up 0.37% to 22,349.59 and the S&P 500 Index rose 0.08% to 2,502.22. The Philadelphia Gold and Silver Index fell 2.63% to 86.06, as…
Pretium Resources
TSX slips, Sept. 5-8
The S&P/TSX Composite Index fell 206.28 points to 14,985.32, as the Canadian dollar surged from US71¢ to US81.54¢ on news of an interest rate hike from the Bank of Canada….
Goldcorp to pay $7.3M for stake in Colorado Resources
VANCOUVER — Goldcorp (TSX: G; NYSE: GG) is finding a foothold in northwestern B.C.’s historic Golden Triangle region with a plan to inject $7.3 million into Colorado Resources (TSXV: CXO)…
Pretium achieves commercial production at Brucejack
Northwestern B.C.’s Golden Triangle just got a little more golden. On July 3, Vancouver-based Pretium Resources (TSX: PVG; NYSE: PVG) achieved first production at its 9.1 million oz. Brucejack gold…
Pretium raises Brucejack’s capital costs, accelerates commissioning
Pretium Resources (TSX: PVG; NYSE: PVG) has upped the estimate of the amount of money it will need to finish building its Brucejack mine in northwestern British Columbia. Capital costs…
When the east pushed back: The geology and metal districts of BC and Yukon
VANCOUVER — In 1971, two geologists from the Geological Survey of Canada, Jim Monger and Charlie Rouse, proposed an idea that helped radically shape how we view the geological history…
Entrepreneurial spirit of the Tahltan booms in BC
VANCOUVER — When British fur traders first came across the Tahltan First Nation in northwest B.C. almost two centuries ago, the aboriginal group already had its own trading economy, being…
Tom Kaplan and Ross Beaty on luck and conservation
At the recent Precious Metals Summit in Beaver Creek, Colorado, Robert (Bob) Quartermain, the chairman and CEO of Pretium Resources, moderated a discussion with his long-time friends Tom Kaplan, chairman…
US markets recoup post-Brexit losses, June 27-30
U.S. equities largely recovered from the turmoil after the Brexit vote, as diminished prospects of interest rate hikes in the U.S. drove gold and silver prices higher. For the trading…
U.S. equities hold steady, May 30-June 3
Economic data was mixed with reports that U.S. consumer spending in April posted its sharpest increase in more than six years, while jobs data showed that non-farm payrolls in May…
US stocks slip, April 4-8
The Dow Jones Industrial Average fell 1.2% to 17,576.96 and the S&P 500 Index dropped 1.2% to 2,047.60. Gold moved in the opposite direction. The New York spot price rose…