Torex delivers the goods at Morelos
Torex Gold Resources (TSX: TXG) is proving that its Morelos gold-silver project in Mexico isn’t just about near-term production, but also exploration upside.
2013
How to fish for profits in takeover targets
Two years of being ravaged by a vicious bear market for junior mining stocks has left many of these companies with decimated share prices and empty treasuries. It may be time for long-suffering investors to make changes to their portfolios to…
Commentary: A gold dealer and investor meet the bankruptcy judge
A quick review of the reported bankruptcy cases reveals a pleasant surprise: There are few reported bankruptcy cases involving insolvent gold dealers. Nevertheless, every dog has its day, and considering the volatility of the gold market of…
Eurasian rethinks Arizona’s copper riches
PHOENIX, ARIZONA — “Here we are, in the middle of one of the most productive copper districts in the world — Arizona — and we were able to just stake this ground,” says David Cole, president and CEO of Eurasian…
Procon invests $12M in Fortune Minerals
Procon Resources, a Vancouver-based mining contractor that is majority owned by China CAMC Engineering, is making an $11.7-million strategic investment in Fortune Minerals (TSX: FT) at a price of 40¢ per share — a 14% premium over…
Mongolian voters re-elect president Elbegdorj
The re-election in Mongolia in late June of incumbent President Tsakhia Elbegdorj of the Democratic Party has elicited a lot of commentary on just what the result may mean for foreign mining companies in this enormous country of mountains,…
Continental pushes ahead at Buritica despite share price slide
VANCOUVER — The nine drills turning at Continental Gold’s (TSX: CNL) Buritica project in Colombia are returning high-grade gold-silver intercepts from within and outside the defined resource, positioning the project for a resource…
Fostering ‘Mining Minds’
Mining Minds is a new initiative aimed at educating young people about Canada’s geology and mineral resources while promoting the mining industry and related career opportunities.
TSX Venture Exchange, July 2-5
The S&P/TSX Venture Composite Index finished in the green for the first time in four weeks during the shortened trading period, with a 2.87-point gain to close at 884.27. An early jump in commodity prices fuelled positive investor sentiment…
Editorial: A pit stop at the halfway point
The Canadian mining industry staggered and gasped to complete the first half of 2013, a little dehydrated and cramped, and trying to summon the strength to get through the rest of the year in competitive shape.
U.S. markets, July 1-5
U.S. markets were closed for the Independence Day holiday on July 4, but when they reopened on Friday, strong jobs data helped push the S&P 500 Index above its 50-day moving average for the first time since June 19. The employment numbers…
Toronto Stock Exchange, July 2-5
The holiday shortened period was defined by political tension and market volatility, and the S&P/TSX Composite Index followed the global trend, as it wound up 44 points lower at 12,134.91 points.