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.
Removing atmospheric carbon dioxide produced by burning fossil fuels is becoming a popular issue among environmentalists and government environmental agencies. But the issue needs more study of possible side effects.
VANCOUVER — High capital costs have forced Selwyn Resources (SWN-V) to drastically cut planned mine throughput for its Yukon lead-zinc underground mine as its tries to make the project affordable.
VANCOUVER — Canada’s third-largest gold producer Kinross Gold (K-T, KGC-N) has divested its 50% stake in the Crixas gold operation in central Brazil to South African partner AngloGold Ashanti (AU-N, AGG-A) in a cash deal worth…
VANCOUVER — Raging forest fires attributed to irresponsible campers near the towns of Kirkland Lake and Timmins in northeastern Ontario forced residents from their homes, and impacted four regional gold operations, as fire crews and the…
VANCOUVER — Things keep rolling along for Vancouver-based exploration outfit Prophecy Platinum (NKL-V) at its flagship Wellgreen platinum group metals (PGM) and nickel project in the Yukon Territories. The company released a flurry of…
VANCOUVER — During the May 22-25 period the S&P TSX Venture Composite Index managed to claw back much of the steep losses it had suffered the week prior, gaining 81.39 points to end the period at 1,309.27 points after four days of…
Amidst the continuing euro zone jitters, the Toronto Stock Exchange managed to finish in the positive territory during the holiday-shortened trading week.
VANCOUVER — Volatility remains the buzzword following a mixed week on Wall Street that saw indexes plunge to multi-month lows before rebounding to post modest weekly gains. The Dow Jones Industrial fell to lows of 12,315.95 on…
SPOT PRICESCourtesy of ScotiaBankTuesday, May 15, 2012 Precious MetalsPrice…
EXCHANGE RATES CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate) Date May 21 May 18 May 17 May 16 May 15 US$ in C N/A 1.0210 1.0164 1.0102 1.0029 …
Alamos Gold (AGI-T) is off to a good start for the year, with record earnings and cash flows for the three months ended March 31, 2012. Earnings grew by 65% to US$29.5 million, or US25¢ per share compared to the year-ago period, partially…
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