Gold – The price of gold has forged ahead to a seven-week high on safe-haven demand and a growing eastern appetite for the precious metal.
Articles Tagged "Detour Gold"
Gold – The gold price may have taken a tumble, but Ian Gordon, chairman and founder of the Longwave Group in British Columbia, is watching for a recovery. As bullishness in gold reaches some of its lowest levels, Gordon, in this interview with The Gold Report says he believes that is indicative of a turn and he discusses where he has invested his money to ride the upswing.
Killian Charles, an analyst with Industrial Alliance in Montreal, isn't too concerned if the gold price hits $1,300 an ounce or even $1,000. He's more concerned with the gold breaking point. How low can the gold price go without breaking a project?
Gold – Detour Gold, a mid-tier company sitting on what could be the largest gold mine in Canada, received an injection of cash this week.
Gold – Forbes reported that Detour Gold Corp. has moved its Detour Lake Mine to a production property.
Gold – The fiscal cliff may have been averted, causing gold to spike, but it's not all good news for the precious metal, which lost ground on Thursday.
Gold – The Finanical Post reported that Detour Gold Corp will receive the proceeds of its latest bought-deal financing, the sale of four million shares at $26.50 each, before its new mine in Northeastern Ontario starts operations early next year. This mine is being promoted as the largest in the country.
Gold – Reuters Africa reported that Detour Gold (TSX:DGC) has increased reserve estimates at the Detour Lake gold property.
Gold – Rising gold prices are helping to bring mines on-stream in Northern Ontario.
Gold – The fund’s portfolio manager Caesar Bryan looks "at a number of company specifics in order to determine which gold stocks are relatively undervalued. Our focus is on capitalization per ounce of production and, more importantly, on capitalization per ounce of recoverable reserves."