Junior Miners have been hit hard in 2012 as gold prices have struggled to gain any upwards momentum in 2012. The Market Vectors Junior Gold Miners ETF (GDXJ) has fallen over 25 percent year-to-date. The industry has been a hotbed of acquisition speculation in recent weeks after Yamana Gold announced it had acquired Extorre Gold Mines Ltd. for $414 [...]
Golden Star today announced preliminary second quarter 2012 production results for its Bogoso/Prestea and Wassa/HBB operations. The Company produced a total of 85,183 ounces of gold in the second quarter ended June 30, 2012, well within its guidance range and nearly 10% higher than first quarter 2012 gold production of 77,725 ounces. During the [...]
Gold stocks rallied sharply Tuesday as gold prices rose to two-week highs on hopes that global central banks would take action to help spur economic growth. On Tuesday both the Market Vectors Junior Gold Miners ETF (GDXJ) and the Market Vectors Gold Miners ETF (GDX) increased 5.07 percent and 3.78 percent, respectively. Five Star Equities examines [...]
DENVER, CO -- (Marketwire) -- 06/13/12 -- Golden Star Resources Ltd. (NYSE Amex: GSS) (NYSE MKT: GSS) (TSX: GSC) (GHANA: GSR) ("Golden Star" or the "Company") today announced that Tony A. Jensen, President and Chief Executive Officer of Royal Gold Inc., has joined the Company's board of directors. The addition of Mr. Jensen, 50, raises the number [...]
2nd Quarter, 2012, Revisions of S&P/TSX IndicesTORONTO, June 8, 2012 /CNW/ - S&P Canadian Index Services will make the following index changes as a result of the Quarterly S&P/TSX Composite Index review. These changes will be effective at the open on Monday, June 18, 2012:S&P/TSX COMPOSITE INDEXADDITIONSIssue NameSymbol60/CompletionLive Composite [...]
2nd Quarter, 2012, Revisions of S&P/TSX IndicesTORONTO, June 8, 2012 /CNW/ - S&P Canadian Index Services will make the following index changes as a result of the Quarterly S&P/TSX Composite Index review. These changes will be effective at the open on Monday, June 18, 2012:S&P/TSX COMPOSITE INDEXADDITIONSIssue NameSymbol60/CompletionLive Composite [...]
DENVER, CO -- (Marketwire) -- 05/31/12 -- Golden Star Resources Ltd. (NYSE Amex: GSS) (NYSE MKT: GSS) (TSX: GSC) (GHANA: GSR) ("Golden Star" or the "Company") today announced that, further to its May 17, 2012, news release, it has completed the sale of $77,490,000 in principal amount of 5.00% Convertible Senior Unsecured Debentures due June 1 [...]
DENVER, CO -- (Marketwire) -- 05/22/12 -- Golden Star Resources Ltd. (NYSE MKT: GSS) (NYSE Amex: GSS) (TSX: GSC) (GHANA: GSR) ("Golden Star" or the "Company") comments on recent market activity concerning the company's common share trading volumes and price. All references to "$" in this press release are to United States dollars.
DENVER, CO -- (Marketwire) -- 05/17/12 -- Golden Star Resources Ltd. (NYSE MKT: GSS) (NYSE Amex: GSS) (TSX: GSC) (GHANA: GSR) ("Golden Star" or the "Company") today announced that it has entered into certain definitive agreements to purchase an aggregate of $74.5 million of the principal outstanding under its 4.00% Convertible Senior Unsecured [...]
DENVER, CO -- (Marketwire) -- 05/17/12 -- Golden Star Resources Ltd. (NYSE MKT: GSS) (NYSE Amex: GSS) (TSX: GSC) (GHANA: GSR) ("Golden Star" or the "Company") today announced its intention to exchange certain of its 4.00% Convertible Senior Unsecured Debentures due November 30, 2012 (the "Original Debentures") for new Convertible Senior Unsecured [...]
DENVER, CO -- (Marketwire) -- 05/09/12 -- Golden Star Resources Ltd. (NYSE Amex: GSS) (TSX: GSC) (GSE: GSR) Sequential Quarter Gold Sales Up 10% to 77,725 Ounces in Q1 2012 from 70,811 Ounces in Q4 2011Company Generates $17.9 Million in Cash from Operations in Q1 2012, versus $19.5 Million in Q4 2011 and $5.9 Million in Cash Used in Operations in [...]