Gold Gains Drive TSX to 19-month High
Reuters reported that gains made by gold shares have pushed the TSX exchange to a 19-month high.
Reuters reported that gains made by gold shares have pushed the TSX exchange to a 19-month high.
Luna Gold Corp. (TSXV:LGC,OTCQX:LGCUF) announced that it will begin trading on the Toronto Stock Exchange under the symbols "LGC" and "LGC.WT" as of October 1, 2012. It will delist from the TSX Venture Exchange at that time.
Luna Gold Corp. (TSXV:LGC) announced that it has been granted conditional approval to trade common shares on the Toronto Stock Exchange on October 2nd 2012, under limitation which must be approved by the TSX.
Goldgroup Mining Inc. (TSX: GGA) announced that assay results from the channel sampling in the main tunnel returned 49.40 metres of 1.13 g/t gold and 28.25 metres of 1.26 g/t gold from channel sampling in the crosscut tunnel. These results provide indirect confirmation for a robust resource model, serving to de-risk the Caballo Blanco project.
An updated National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate (the "Technical Report") for the Goldgroup Mining Inc. (TSX: GGA) flagship 100%-owned Caballo Blanco gold project in Veracruz, Mexico was announced.
Additional diamond drill holes at the Goldgroup Mining Inc. (TSX: GGA) 100% wholly-owned Caballo Blanco gold project in Veracruz, Mexico have yielded significant gold intercepts.
Reuters Canada reported that the TSX recovered much of a recent loss due to higher gold prices.
David Baines discusses the implications of the proposed merger between London and Toronto Stock Exchanges.
Mineweb reports that on concerns the proposed LSE/TSX merger may result in loss of Canadian oversight of the markets.
The Ottawa Citizen reports that Industry Minister Tony Clement said he will determine if a review is necessary for the proposed merger between the Toronto and London stock exchanges.
Get our independent commentary on gold trends and companies delivered to your inbox.