The new trading week began on Monday, February 22nd with investors overall encouraged by the previous week’s market gains and ‘gold bugs’ ecstatic that their prised yellow metal had finally reached a one-year high. …
Monthly Archives: February 2016
First Dore Bar Produced at Starcore’s Altiplano Plant
Starcore International Mines Ltd. (TSX:SAM) announces that its Altiplano Plant located in Matehuala, Mexico, commenced commercial production as of February 15, 2016, pouring its first doré bar, weighing in at 21.131 kg. “The Plant …
SEMAFO Announces Positive Feasibility Study and Funding for Natougou
SEMAFO Inc. (TSX:SMF) (OMX:SMF) announces the results of a positive feasibility study for its Natougou gold project, located 320 kilometers east of Ouagadougou in Burkina Faso. The Corporation also announces it has entered into a commitment …
Probe Metals Acquires West Timmins Area Property, Ontario
Probe Metals Inc. (TSX-V:PRB) is pleased to announce that the Company has acquired 100% of the West Porcupine property held by White Metal Resources Corp. The Property represents a land package of approximately 30 square …
The January/February 2016 Prospector News is avaialable for Download
Download a copy here Prospector_JAN2016_web CONTENTS 04 – 2016: “PEAK DEVASTATION” FOR ENERGY It wasn’t that many years ago that the world was wrestling with legitimate worries over so-called “peak oil.” …
The Week of February 16th to February 21st, 2016 “A Brief Look Back Into Tomorrow”
The Shortened trading week began on Tuesday, February 16th with investors anxiously waiting to see if the previous end of week rally would carry over and mark the end of the current correction, or prove …
Atlantic Gold Secures $115 Million Project Debt Financing for the Development of the MRC Project
Atlantic Gold Corporation (TSX-V:AGB) is pleased to announce that following a competitive selection process, it has received and executed a credit approved commitment letter for a $115 million Project Loan Facility to be arranged and …
WCB Resources and Kula Gold Sign a Memorandum of Understanding to Explore Joint Development Opportunities
WCB Resources Ltd (TSX-V:WCB) is pleased to announce that they and Kula Gold Limited (ASX:KGD) have signed a non-binding Memorandum of Understanding in order to explore the possibility of a joint venture between the two …
Commodity Prices Lose Ground Again in January: Scotiabank
Scotiabank’s Commodity Price Index lost ground again in January, declining 5.1% month-over-month (m/m), pushed down by financial market volatility and heightened concern over the outlook for China and global growth. The All Items Index has …
Brazil Resources Increases Private Placement to $2,500,000
Brazil Resources Inc. (TSX-V:BRI) (OTCQX:BRIZF) is pleased to announce that, further to it news release dated February 11, 2016, it has increased the size of its previously announced non-brokered private placement of common shares of …