2013


Venture slips slightly over Jan 21-25

VANCOUVER – The Jan. 21-25 trading week was a quiet one for the S&P TSX Venture Composite Index. A few days of small gains were negated by two days of losses, leaving the index down 8.08 points to end the week at at 1,227.24. Trading…




TSX continues to roll

The TSX Composite Index continued on its recent upward trajectory as it gained 68 points for the Jan. 21-25 period. The positive run has been tied to strong corporate earnings south of the border, recovering economic growth figures from China…


A drill rig at Asante's Fahiakoba Concession in Ghana. Source: Asante Gold

Asante Gold has a history of success in Ghana

VANCOUVER — At first glance Vancouver-based Asante Gold (ASE-V) appears similar to a number of junior explorers hoping to make the next discovery in the West African nation of Ghana. Take a closer look, however, and a key difference…


Equipment at Semafo's flagship Mana mine in Burkina Faso. Source: Semafo Inc.

Semafo sees lower grades at the Mana mine

West African gold miner Semafo (SMF-T) has unveiled a more modest guidance for 2013, primarily reflecting the lower anticipated grades at its flagship Mana mine in Burkina Faso as it wrestles higher costs.



Workers at Nevsun's Bisha mine in Eritrea. Source: Nevsun Resources

Eritrean trials and tribulations for Nevsun

Doing business in East Africa comes with its challenges, but Nevsun Resources (NSU-T) has a robust outlook for its Bisha mine in Eritrea despite dealing with matters that miners closer to home would never encounter.


Cliffs to take major hit in Q4

Two years ago when Cliffs Natural Resources (CLF-N) acquired Consolidated Thompson Iron Mines for US$4.97 billion, many critics argued the Cleveland-based company had overpaid.




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