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Detour Gold Up on 2014 Operating Results, 2015 Guidance

Detour Gold Corporation (TSX:DGC) was up as much as eight percent on Thursday when it announced its fourth quarter and full year operating results as well as its production guidance for 2015. The company is anticipating 475,000 to 525,000 ounces of gold production next year.

Top 10 TSX Stocks of 2014

The top gainer on the TSX in 2014 was Richmont Mines, whose share price increased by 244.86 percent. Read on to find out which other companies recorded big gains.

Gold Breaks $1,200 per Ounce Following Weekend Losses

Gold was certainly hit hard over the weekend, but the metal was back with a vengeance on Monday morning. Prices rebounded by more than $35 to break the psychologically important level of $1,200 per ounce. As of 4:09 p.m. EST, gold was trading at $1,212.10 per ounce, up $36.90.

Lundin Refreshes Buy for Balmoral Resources

In the November 2014 edition of the Gold Newsletter (subscription), Brien Lundin refreshes his buy of Balmoral Resources (TSX:BAR) according to Stockwatch. The newsletter editor saw “outsized potential” at Balmoral’s Bug Lake project given drill results released in October.

Balmoral Resources Closes $10 Million Private Placement

Balmoral Resources (TSX:BAR) has closed its previously announced private placement of flow-through common shares at a price of $1.70 per share for gross proceeds of $10,030,000. Proceeds will be used for further exploration of its Detour Gold Trend project and its other Quebec properties.

Balmoral Resources Announces $10.03 Million Private Placement

Balmoral Resources (TSX:BAR) has entered an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. for a bought deal, flow-through private placement for gross proceeds of $10,030,000. Proceeds will be used for further exploration of Balmoral’s Detour Gold Trend project and its other Quebec projects.

August 2014 News Catalysts

The following companies have identified future news items or “Catalysts” that address significant company milestones in the next 30 days: North Arrow Minerals (TSXV:NAR), Colombian Mines (TSXV:CMJ), Levon Resources Ltd. (TSXV:LVN), Super Nova Petroleum Corp. (CSE:SNP,OTC:SNOVF), Colt Resources Inc. (TSXV:GTP,OTCQX:COLTF), Copper Fox Metals Inc. (TSXV:CUU), Balmoral Resources Ltd. (TSX:BAR,OTCQX:BALMF),

There Is No Guide to Gold That is More Concise, Clear and Authoritative.

Download our FREE Special Report, Is Gold a Good Investment? Gold Price Today and Future Gold Price Predictions.
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