Editorial: Lack of QE tapering backstops gold price
Mid-September has been a busy time for the gold market.
2013
Commentary: Ned Goodman and the ‘Botox Economy,’ pt. 2
Ned Goodman, president and CEO of Dundee Corp., spoke about the perils of quantitative easing at the Toronto Resource Investment Conference on Sept. 12. He made the following remarks, as recorded by The Northern Miner, with part one having…
Donner on life-support after losing Bracemac-McLeod
Despite a valiant attempt to raise capital, Donner Metals (TSXV: DON; US-OTC: DONFF) defaulted on a payment owed to Glencore Xstrata (LSE: GLEN) and as a result handed over its 35% interest in the Bracemac-McLeod mine…
Torex tallies Media Luna resource in Guerrero
It’s been a busy few months in Mexico for Torex Gold Resources (TSX: TXG), which is advancing two projects on its Morelos property, a 290 sq. km landholding in Guerrero state.
Western phosphate producers look east for growth
AGADIR, MOROCCO — Mosaic (NYSE: MOS) may be the largest producer of finished phosphate products in the world, with four phosphate-rock mines, three processing plants in Florida and a second plant in Louisiana, but permitting new mines or…
Goldstrike hits gold in three zones at Plateau South
VANCOUVER — After just 10 weeks of exploration at the Plateau South project, it is starting to look like Goldstrike Resources (TSXV: GSR; US-OTC: APRAF) made a good choice when it dropped 23 other Yukon gold properties to focus on its…
Metals, mining and money markets
Spot pricesCourtesy of ScotiabankTuesday, September 24, 2013Precious MetalsPrice…
TSX Venture Exchange, Sept. 16-20
The S&P/TSX Venture Composite Index saw little movement during the trading sessions, dropping 4.6 points before closing out the week at 946.10. The Venture was affected after gold and crude oil futures struggled in early trading before…
Exeter downsizes Caspiche to cut costs
Exeter Resource (TSX: XRC) is considering building a smaller-scale operation at its Caspiche gold-copper project in Chile’s famed Maricunga gold belt to lower start-up costs compared to developing a super pit that was proposed in its…
Monument forges ahead in Malaysia
VANCOUVER — It has been three years since Vancouver-based junior Monument Mining (TSXV: MMY) started production at its Selinsing gold mine at Bukit Selinsing Koyan, 65 km north of Raub, Malaysia. And the company is showing no signs of…
B2Gold brings its operational prowess to Masbate
VANCOUVER — The Philippines may not top any list of mining-friendly jurisdictions, but that hasn’t deterred geographically diversified Canadian miner B2Gold (TSX: BTO; NYSE-MKT: BTG) at its recently acquired Masbate gold mine,…
JV’s phantom board haunts St. Augustine in the Philippines
Sometimes working with minority shareholders in joint-venture partnerships in Southeast Asia can present unusual challenges — a lesson St. Augustine Gold & Copper (TSX: SAU; US-OTC: RTLGF) is learning all too well at…