Minera's shareholders boot out chairman Hodges

Source: Daily News | 2015-08-28
In roughly two weeks, Minera IRL has lost community support of its Ollachea gold project in Peru, dismissed its interim CEO, and more recently has been forced to show its executive chairman Daryl Hodges the door.

Freeport rallies following defensive cost-cutting spree

Source: Daily News | 2015-08-27
VANCOUVER — Shares of U.S. copper giant Freeport-McMoRan (NYSE: FCX) were on the rise following the announcement of additional business-wide spending cuts it labeled an “aggressive response” to uncertain market conditions.

El Morro gets some loving

Source: Daily News | 2015-08-27
El Morro, the large undeveloped gold-copper project in Chile, will become the focus of a new joint venture (JV) with Goldcorp (TSX: G; NYSE:GG) and Teck Resources (TSX: TCK.B, NYSE: TCK), giving it a better chance of...

Eldorado invests $15M in Integra

Source: Daily News | 2015-08-27
VANCOUVER — Integra Gold’s (TSX-V: ICG; US-OTC: ICGQF) performance at its Lamaque gold project in the prolific Abitibi greenstone belt, 3 km from the city of Val-d’Or, Quebec, has attracted international miner Eldorado Gold...

Newmont sells stake in Swiss gold refinery for US$119 million

Source: Daily News | 2015-08-27
Newmont Mining (NYSE: NEM) has sold its 60.6% stake in the Valcambi gold refinery in southeast Switzerland to a subsidiary of Rajesh Exports. The sale netted the miner US$119 million in cash.

Anglo Pacific CEO says company has 'turned the corner'

Source: Daily News | 2015-08-26
Royalty income in the first half of 2015 surpassed all of the royalty income earned last year, Anglo Pacific Group (TSX: APY; LSE: APF) reported today, and while the company still posted an after-tax loss for the six months ended June...

US stocks fall, Aug.17-21 

Source: Print Archives | 2015-08-26
U.S. equities tumbled as investors took in new data signaling a slowdown in China and a report that showed an unexpected rise in U.S. crude stockpiles, fuelling concerns of a global oil surplus. The S&P 500 Index and the Dow Jones...

TSX drops sharply, Aug 17-21 

Source: Print Archives | 2015-08-26
The S&P/TSX Composite Index contracted five days in a row and finished at its lowest level in 18 months, down 5.6% to 13,473.67. The sell-off — mirrored in markets around the globe — was triggered by fears of a hard economic...

Odds 'n' Sods: Gold in Union County, South Carolina 

Source: Print Archives | 2015-08-26
Early in 1979 I had been transferred by Newmont Mining from Western Australia where I had been working as the exploration manager, to take up a newly created role as exploration manager for the eastern United States.

Endeavour hits pay dirt at Agbaou 

Source: Print Archives | 2015-08-26
VANCOUVER — West Africa-focused Endeavour Mining (TSX: EDV; US-OTC: EDVMF) has been on the hunt for valuable oxide resources at its flagship Agbaou gold mine, 80 km south of Yamoussoukro, Côte d’Ivoire, and exploration results...