Gold juniors that gained traction in 2014

It has been another lacklustre year for gold and gold equities, with the spot price dipping below last year’s close and down 14% from the high reached in March, to exit 2014 at US$1,182.90 per oz. Despite the dim backdrop, some emerging...

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It has been another lacklustre year for gold and gold equities, with the spot price dipping below last year’s close and down 14% from the high reached in March, to exit 2014 at US$1,182.90 per oz. Despite the dim backdrop, some emerging gold producers have performed considerably well, posting notable year-over-year share price gains. Here are some of those percentage winners: 

Detour Gold (TSX: DGC; US-OTC: DRGDF) ended the year at $9.49, up 131% from its 2013 close of $4.10. Detour intends to complete the ramp up of its wholly owned Detour Lake gold operation in northeastern Ontario by year end.

Paul Martin, the company’s president and CEO, describes 2014 as a “very satisfying year.” “During 2014, our first full year of operation, we validated the operation by confirming our block model and demonstrating that we designed and built the appropriate mill for this deposit,” he said in an email.

Read the complete article at NorthernMiner.com/news/gold-juniors

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