VANCOUVER — Gold Fields (NYSE: GFI; JSE: GFI) is preparing for a future of US$1,300 per oz. gold by restructuring all of its operations — and potentially closing some — to bring its production costs back below the gold price,…
Earlier-than-expected commercial production at the Detour Lake mine has caught analysts by surprise. Detour Gold (TSX: DGC; US-OTC: DRGDF) reported the milestone at the open-pit gold mine in northern Ontario on Aug. 12, noting that the…
VANCOUVER — Halifax-based producer Brigus Gold (TSX: BRD; NYSE-MKT: BRD) is adjusting to challenging market conditions at its Black Fox gold mine in the town of Matheson, Ont. Despite volatile gold prices — which hit a…
Spot pricesCourtesy of ScotiabankTuesday, September 3, 2013 Precious MetalsPrice…
VANCOUVER — It’s been a strong four months for explorer Cayden Resources (TSXV: CYD) and its El Barqueno gold project, 110 km west of Guadalajara in Mexico’s Jalisco state.
Concern about a possible U.S. air strike against Syria and anxiety about the timing of the U.S. Federal Reserve’s end to quantitative easing sent U.S. markets down. The Dow Jones Industrial Average fell 1.33% to 14,810.31, the S&P 500…
VANCOUVER — Since hitting 333 metres of copper-gold porphyry in its first hole at the North ROK property in B.C. just four months ago, Colorado Resources (TSXV: CXO) has completed 6,000 metres of drilling and hit mineralization in 10 of…
The S&P/TSX Composite Index fell during the trading week amid concerns that Western countries would intervene militarily in Syria’s civil war. Toronto’s main index plunged 108 points to finish the week at 12,653.90.
VANCOUVER — After a bit of back and forth, fifty-fifty joint-venture partners Fission Uranium (TSXV: FCU; US-OTC: FCUUF) and Alpha Minerals (TSXV: AMW; US-OTC: ESOFF) have nailed down an agreement that will see Fission acquire full…
Shareholders of Esperanza Resources (TSXV: EPZ) voted 96.25% in favour of the company’s acquisition by Alamos Gold (TSX: AGI; NYSE: AGI), and the Supreme Court of British Columbia has given its seal of approval to the plan of arrangement.
Bill 43 is the third attempt to reform Quebec’s Mining Act in the last five years. The first two bills were tabled by the Liberal government, but were not passed. This latest bill (Bill 43), tabled by the minority Parti…
On July 22, 2013, the Ontario Superior Court of Justice ruled in Choc v. Hudbay Minerals Inc. that three separate lawsuits brought by indigenous Guatemalans against Canadian mining company Hudbay Minerals and other defendants, can go forward in…
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