Barrick Raising US $4B To Slash Hedge Book
As the price of gold surpassed the critical US$1,000 per oz. mark on Sept. 8, Barrick Gold (ABX-T, ABX-N) announced it would substantially trim its gold hedges — derivative instruments originally cre…
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Murenbeeld, Walker Diverge On Gold Predictions
DENVER, COLO. — The average price of gold could top US$1,100 per oz. in 2010 as central banks and investors buy up the metal amidst a new world economy, says Martin Murenbeeld, president of DundeeWea…
Grupo Mexico Should Get Asarco Back, Judge Recommends
VANCOUVER — It’s time for a bankrupt American runaway to go back home to its Mexican parent company.
Colombia Braces For Renaissance In Gold Mining
MEDELLIN, COLOMBIA — One of South America’s historically richest gold-producing nations appears poised to regain a crown that was stolen by years of endemic corruption, crime and warfare.
UPDATE: Copper Mountain disputes Taseko claim over merger response
Vancouver – Bad blood is fomenting between Taseko Mines (TKO-T, TGB-X) and Copper Mountain Mining (CUM-T, CP…
Heavyweight Chinese coal producer to list on NYSE
For those who want to invest in China’s long-term economic growth and in particular its infrastructure develop…
Cogitore looks deeper at Scott Lake
Chibougamau, Que. — Gerald Riverin can hardly contain himself as he stands next to the marker for drill hole …
Lundin to sell Ozernoe
Vancouver – Lundin Mining (LUN-T, LMC-N) is saying goodbye to Russia, having agreed to sell back its 49% stake…
Western Areas’ Spotted Quoll gets final consent
Western Areas (WSA-T, WSA-A) has received the final consent from Australia’s environment ministry to start con…
BC to build $400 million transmission line
Vancouver – There is no equivocation from B.C.’s minister of Energy, Mines and Petroleum Resources Blair Lekst…
Taseko and Copper Mountain lock horns over merger
Vancouver – Bad blood is fomenting between Taseko Mines (TKO-T, TGB-X) and Copper Mountain Mining (CUM-T, CPPM…
Strateco Resources soars on Matoush resource estimate
Strateco Resources (RSC-T, SRSIF-O) surged 26.6% or 21¢ a share to $1 with 8.4 million shares changing ha…