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.
Volume 99 Number 38 Nov 4 - 10, 2013
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 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…
Asanko gets the cash for Esaase
Asanko Gold (TSX: AKG) has taken a major step towards turning its Esaase gold project in Ghana into a mine.
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…
Red Eagle closes in on production at San Ramon
VANCOUVER — Things are coming together for Vancouver-based junior Red Eagle Mining (TSXV: RD) at its wholly owned San Ramon gold deposit in Antioquia, Colombia.
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$1,352.50 per oz.
TSX Venture Exchange, Oct. 21-25
The S&P/TSX Venture Composite Index jumped 2.4%, or 22.61 points, before closing out the period at 973.58. Precious-metal futures rose, while energy and base-metal prices remained relatively static. Markets were bolstered by strong earnings…
Northern Vertex mines Moss
BULLHEAD CITY, ARIZONA — Sometimes an old project just needs a new perspective. For the Moss gold-silver mine project in northwestern Arizona, that new perspective arrived two and a half years ago when Northern Vertex Mining (TSXV: NEE)…
Metals, mining and money markets
Spot prices Courtesy of Scotiabank Tuesday, October 29, 2013 Precious Metals Price (US$/oz.) Change Gold $1,346.75 35 Silver $22.31 0.25 Platinum $1,443.00 18 Palladium $741.00 -4 Base…
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…