Volume 99 Number 38 Nov 4 - 10, 2013

Construction of the Merrill-Crowe plant near Allied Nevada's Hycroft gold-silver mine. Source: Allied Nevada

Allied Nevada gets back on track

After a rough second quarter slashed its stock price, Allied Nevada Gold (TSX: ANV; NYSE-MKT: ANV) could make the year’s biggest comeback.

Underground mining equipment at the Black Fox gold mine in Ontario. Source: Brigus Gold

Brigus Gold could extend mine life at Black Fox

Orebodies in the Timmins camp of Ontario often surpass depths of 1,000 metres, so investors in Brigus Gold (TSX: BRD; NYSE-MKT: BRD) cheered when they heard that a downdip test hole drilled from the underground at the company’s Black Fox…

U.S. markets, Oct. 21-25

The Dow Jones Industrial Average climbed 170.63 points to 15,570.28, or 1.11%, and the S&P 500 rose 15.27 points to 1,759.77, or 0.88%. The Philadelphia Gold & Silver Index advanced 7.55 points to 99.72, or 8.19%.

Randgold's Kibali open pit gold mine in the Democratic Republic of Congo. Source: Randgold Resources

Randgold’s Bristow defies Kibali ‘skeptics’

Those who questioned the wisdom of building the Kibali gold mine in the Democratic Republic of the Congo (DRC) were mistaken, Randgold Resources’ (LSE: RRS; US-OTC: GOLD) CEO Mark Bristow declared at a media briefing in Kinshasa in…

Workers tend to equipment at the Fosterville gold mine in Australia. Source: Crocodile Gold

Real tears of joy for Crocodile

Crocodile Gold (TSX: CRK; US-OTC: CROCF) investors are soaking up the good news. The Toronto-based miner boosted its 2013 production guidance on the back of higher-than-expected gold production in the third quarter. Given consistent output…

Toronto Stock Exchange, Oct. 21-25

The period was a good one for gold, and as the yellow metal went up, so too did the broader index, with the S&P/TSX Composite Index up 250 points to 13,399.42 points, and gold up US$36 to US$1,352.50 per oz.

TSX Venture Exchange, Oct. 21-25

The S&P/TSX Venture Composite Index jumped 2.4%, or 22.61 points, before closing out the period at 973.58. Precious-metal futures rose, while energy and base-metal prices remained relatively static. Markets were bolstered by strong earnings…

Northern Vertex Mining CEO Dick Whittington at the Moss gold-silver mine in northwestern Arizona. Credit: Northern Vertex Mining

Northern Vertex mines Moss

BULLHEAD CITY, ARIZONA — Sometimes an old project just needs a new perspective. For the Moss gold-silver mine project in northwestern Arizona, that new perspective arrived two and a half years ago when Northern Vertex Mining (TSXV: NEE)…

Metals, mining and money markets

Spot prices Courtesy of Scotiabank Tuesday, October 29, 2013 Precious Metals Price (US$/oz.) Change Gold $1,346.75 35 Silver $22.31 0.25 Platinum $1,443.00 18 Palladium $741.00 -4       Base…

The Mt. Milligan mill building. Photo by Gwen Preston.

Thompson Creek all smiles at Mount Milligan

PRINCE GEORGE, B.C. — Thirty years after prospector Richard Hanslinger discovered copper-gold mineralization in the hills north of Fort St. James in central B.C. and three years after Thompson Creek Metals (TSX: TCM; NYSE: TC) struck a…

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.