US stocks fall, Aug. 22–26
U.S. equities tumbled during the last trading week of August, amidst speculation that the central bank could hike interest rates as early as mid-September. The Dow Jones Industrial Average fell…
United States
Coeur builds on 2016 success with exploration investment
Coeur Mining (NYSE: CDE) is reaping the fruits of its laborious corporate transformation, helped along by higher precious metal prices, as it produced earlier-than-expected positive free cash flow of US$12.2…
NewCastle explores for more at Castle Mountain
VANCOUVER — Just three months after merging with Catalyst Copper, aspiring gold miner NewCastle Gold (TSXV: NCA; US-OTC: CTMQF) is already churning out drill results at its flagship past-producing Castle…
TSX slips, Aug. 15–19
Canada’s benchmark index retreated into negative territory, down 0.4% to 14,687.46. The S&P/TSX Global Mining Index fell 1.4% to 66.62. The S&P/TSX Global Gold Index lost 4% to close at…
Gold Standard strikes again at North Dark Star in Nevada
VANCOUVER — Shares of explorer Gold Standard Ventures (TSXV: GSV; NSYE-MKT: GSV) surged after results from a drill program at its emerging North Dark Star oxide gold discovery along Nevada’s prolific…
US stocks rise on strong jobs data, Aug. 1–5
U.S. equities gained during the first week of August, helped by a positive jobs report, as companies reported earnings with mixed results. The Dow Jones Industrial Average rose 0.6% to…
TSX Venture rises, July 25-29
The S&P/TSX Venture Composite Index jumped 26.2 points, or 3.4%, to a 796.17-point close, while spot gold prices gained US$28.55, or 2.2%, to US$1,351.28 per oz. gold. Comex copper edged…
Downie’s Premier Gold to buy Mercedes in Mexico for US$140M
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has offered to buy Yamana Gold’s (TSX: YRI; NYSE: AUY) Mercedes mine in Mexico’s Sonora state for US$140 million, in a move that…
Editorial: Komatsu scooping up Joy Global for US$2.9B
Just in time to create even more excitement at the massive, once-every-four-years MINExpo International convention in Las Vegas in September, Tokyo-based manufacturing giant Komatsu has struck a friendly, blockbuster deal…
Colombian Mines’ Nevada acquisition sends shares soaring
Robert Carrington has spent a good part of his career in Nevada and has helped find a number of deposits that became producing mines, including Twin Creek, now owned by…
TSX rises, July 11-15
The S&P/TSX Composite Index rose 1.6% to 14,482.42, despite lower gold and oil prices. The S&P/TSX Global Gold Index fell 3.2% to 266.68, as the gold price retreated 2% to…
Odds ‘n’ Sods: Strange discovery under a freakish quartzite mound in Arizona
Let’s start this story close to its end with an April 27, 1967, front-page headline from Tucson’s Arizona Daily Star: “Papagos lease site for copper mine,” followed by a sub-headline:…