Gold

Coeur forks over US$161 million for Paramount's San Miguel

Source: Daily News | 2014-12-18
VANCOUVER — According to Coeur Mining (NYSE: CDE) president and CEO Mitchell Krebs the company's friendly take-over of junior Paramount Gold and Silver (TSX: PZG; NYSE-MKT: PZG) is one of the most "logical and strategic acquisitions"...

Barrick to close Lumwana mine after Zambia raises royalty

Source: Daily News | 2014-12-18
Barrick Gold (TSX:ABX; NYSE:ABX) is suspending its Lumwana copper mine in Zambia in response to the country’s move to more than triple the royalty rate on open pit mines, starting in 2015.

Timmins Gold picks up Goldgroup Mining's Caballo Blanco project

Source: Daily News | 2014-12-18
Timmins Gold (TSX: TMM; NYSE: TGD) has been looking at Goldgroup Mining’s (TSX: GGA) Caballo Blanco project in Mexico for a couple of years now, and has finally inked a deal to acquire 100% of the asset.

AuRico eyes a revival at B.C.'s Kemess gold-copper mine

Source: Daily News | 2014-12-17
VANCOUVER — Toronto-based miner AuRico Gold (TSX: AUQ; NYSE: AUQ) is hoping it can give the past-producing Kemess gold-copper project a new lease on life.

California Gold to unlock Fremont's potential

Source: Daily News | 2014-12-17
California Gold Mining (TSXV: CGM; OTCQX: CFGMF) is in the midst of raising more funds to continue to explore its flagship Fremont gold project in Mariposa County, California.

Yamana recruits former Augusta execs to head Brio Gold 

Source: Print Archives | 2014-12-17
Looking to wring more value out of its non-core assets in Brazil, Yamana Gold (TSX: YRI; NYSE: AUY) is creating a 100%-owned subsidiary named Brio Gold.

Letter to the Editor: Tough to turn a profit at San Antonio 

Source: Print Archives | 2014-12-17
From April 1941 to June 1968, my late father Cliff Gibson was chief geologist at the San Antonio gold mine in Bissett, Man. Every year it made money and paid a dividend. 

Dundee: Gold miners continue to wrestle with costs 

Source: Print Archives | 2014-12-17
VANCOUVER — Cost optimization has been an underlying theme for gold miners over the past few years. Falling metal prices and frugal capital markets have made it hard to balance sustainable production growth and strong profit margins. In...

TSX continues decline, Dec. 8-12  

Source: Print Archives | 2014-12-17
Canada’s benchmark index fell during the trading week as investors fretted over plunging oil prices and weaker-than-expected economic data from China. The S&P/TSX Composite Index lost 742.65 points, or 5%, to end at 13,731.05. The...

Probe closes key $41.6M land deal at Borden

Source: Daily News | 2014-12-12
December has been a great month for Probe Mines (TSXV: PRB) president and CEO David Palmer.

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