PMI Gold’s (PMV-T, PVM-A) flagship Obotan gold project — which already includes four known deposits in Ghana’s Asankrangwan gold belt (Nkran, Adubiaso, Abore and Asudai) and could produce gold as early as the second half of…
This has been a difficult year for many mining companies. Softening commodity prices, falling share prices and significantly reduced financing opportunities have combined to create a crisis where survival is the key goal for many in the…
Explanations for the most recent drop in gold prices generally begin and end with Ben Bernanke’s recent comments regarding the possible end to quantitative easing.
If you ask Dustin Angelo about Anaconda Mining (ANX-T) and its operating Pine Cove gold mine just east of Baie Verte on Newfoundland’s northeast coast, the first thing he’ll tell you is that it was a turnaround project that has…
Esperanza Resources’ (EPZ-V) shares are under pressure after the Mexican federal permitting authority or Semarnat denied the environmental impact assessment for its flagship Esperanza gold-silver project in Mexico’s Morelos…
Endeavour Silver (EDR-T, EXK-N) is continuing its mission of Mexican rejuvenation.
The S&P/TSX Venture Composite Index continued a three-week slide, dropping 4%, or 37.78 points, before closing out the week at 895.79.
Canada’s extractive industries got some high-profile international attention in mid-June. Prime Minister Stephen Harper used the lead-up to the G8 summit in London to announce that the federal government intends to establish new mandatory…
Spot pricesCourtesy of ScotiabankTuesday, June 25, 2013 Precious MetalsPrice…
VANCOUVER — A lot has changed over the past 18 months for junior explorer Mega Precious Metals (MGP-V) and its Monument Bay gold-tungsten project located 570 km northeast of Winnipeg, Man. Though gold markets have taken a beating, Mega…
VANCOUVER – With the price of gold down more than 20% this year, its share price down more than 50% in eight months, and setbacks piling ups at its operating and developing mines, Barrick Gold (ABX-T, ABX-N) is laying off 30% of its…
Lake Shore Gold (LSG-T, LSG-X), one of the weakest performers on the Toronto stock exchange last week losing over 45%, soared 56% when the company said it expects strong production and lower costs in the second quarter.
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