The hard truth that it’s damn difficult to mine gold consistently at an industrial scale has hit home again these past few weeks, with the release of the latest round of quarterly results from Canada’s gold miners.
The global economic recession caused platinum demand in the car and jewellery sectors to enter a cyclical downturn. However, a substantial supply reduction, after the labour strife in South Africa moved the platinum market from surplus to…
Mine workers at Anglo American Platinum (Amplats) (AGPPY-O) are going back to work, putting to rest a series of wildcat strikes that all but crippled South Africa’s platinum-mining industry.
Mexican media reports that landholders from the community of Benito Juarez have voted to expel MAG Silver (MAG-T, MVG-X) from its Cinco de Mayo polymetallic property in Chihuahua State, Mexico, and ban mining in the area for 100 years, sent…
Shares in Coeur d’Alene Mines (CDM-T, CDE-N) took a beating after the silver and gold miner posted a third-quarter net loss of US$15.8 million, or US18¢ a share, which included a non-cash, fair-market value adjustment of US$37.6…
It is nearly decision time for British Columbian explorer Spanish Mountain Gold (SPA-V) at its wholly owned, multi-million ounce gold-silver project 60 km northeast of Williams Lake, B.C. On Nov. 15, the company released an updated preliminary…
At the beginning of the year, Toronto-based producer QMX Gold (QMX-T) — then Alexis Minerals — had quite a lot on its plate. The company was trying to stabilize operations at its Lac Herbin gold mine in Val-d’Or, Que., as well…
Barrick Gold (ABX-T, ABX-N) has unveiled another disappointing quarter, as it wrestles rising costs, project delays and shrinking profits. And it’s prompted investors who expected a better third quarter to drive down the stock.
Lake Shore Gold (LSG-T, LSG-X) is pushing for redemption after falling out of investor favour in early 2011 with disappointing production at its two gold mines near Timmins, Ont.
It’s been a busy second half of the year for Luna Gold (LGC-T).
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit owing to lower gold production and sales.
Driving to complete a feasibility study on its wholly owned Brucejack gold-silver project, 65 km north of Stewart, B.C., Vancouver-based Pretium Resources (PVG-T, PVG-N) has released an updated resource estimate on its Valley of the Kings zone.
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