GFMS Survey: Investors hold the key to gold price
The publication of the Thomson Reuters GFMS Gold survey is a much anticipated event amongst gold investors.
2012
Gold Fields eyes Ontario junior for growth
Gold Fields (GFI-N) has signaled interest to acquire a majority stake in Bear Lake Gold’s (BLG-V) early-stage exploration assets, driving the Ontario-focused junior’s shares up 50% on April 10.
Confusion lingers over Indonesian export taxes
Earlier this month Reuters reported that Indonesia is mulling plans to slap export taxes of 25% on coal and base metals this year and as much as 50% in 2013. The measures are being contemplated as part of an effort to prevent miners from trying…
Colossus closes in on 2013 gold-production target at Serra Pelada
VANCOUVER — Toronto-based Colossus Minerals (CSI-T) is within sight of a finish line following a year-and-a-half of extensive development at its Serra Pelada high-grade polymetallic project outside the town of Curionopolis in…
Augusta inches Rosemont forward
Augusta Resource (AZC-T, AZC-X) is slowly but surely pushing its Rosemont project in Arizona towards production, by securing the sixth major permit needed to start building the massive copper project, located 50 km southeast of Tucson.
Victoria sells assets to focus on Eagle
Victoria Gold (VIT-V) is trading in Nevada for the Yukon.
Bannerman makes headway at Etango
With a recently completed definitive feasibility study now under its belt, Bannerman Resources (BAN-T) says it can step up discussions with potential development partners and other financiers for its flagship Etango project in Namibia—one…
TSX down as commodities continue to slide
The TSX Composite Index was off 278 points to 12,103.11 for the holiday shortened April 2 -5 period despite a solid job creation report from Statistics Canada. The report showed far more jobs were created in March than economists had predicted.
B2Gold ups its presence in Nicaragua
B2Gold (BTO-T) is increasing its foothold in Nicaragua by agreeing to take full ownership of two of its joint-venture gold properties, and earning into two more projects in the country.
Venture drops in April 2-5 period
VANCOUVER — The shortened April 2 to 5 trading period was not kind to the S&P TSX Venture Composite Index, which dropped 85.35 points to end at 1,481.04 points. The drop effectively put the index back where it was at the beginning of…
Drilling lifts Belo Sun Mining
Assay results released Apr. 5 from Volta Grande, an advanced stage exploration project in Brazil about 60 km southwest of the town of Altamira in the country’s northern state of Para, sent the shares of Belo Sun Mining (BSX-T) up 3.6% to…
U.S. equities slide, Apr. 2-5
U.S. equities lost ground after minutes from the Federal Reserve’s latest meeting published on Apr. 3 suggested that the central bank will not introduce more monetary stimulus. Markets were also dragged lower on renewed concerns about…