Beaty bets US$20M on three-way merger to form Equinox Gold
VANCOUVER — Mining magnate Ross Beaty is leading a merger between gold juniors Trek Mining (TSXV: TREK), NewCastle Gold (TSX: NCA) and Anfield Gold (TSXV: ANF; US-OTC: ANCKF). Beaty will…
Gold
Iamgold CEO Letwin’s passionate keynote on cost control, innovation and gold’s bright future
The following is a transcript of the keynote speech by Stephen Letwin, president and CEO of Iamgold (TSX: IMG; NYSE: IAG) at the inaugural Progressive Mine Forum presented by The…
Barrick, Acacia struggle to find common ground in Tanzania
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has proposed a framework to resolve a three-month dispute with the government of Tanzania. It appears that management at Acacia Mining (LON: ACA),…
Editorial: Iamgold’s Letwin tells of hard lessons learned in keynote at PMF
A careful implementation of innovative technology and management techniques is key to thriving in the mining industry in the decades to come. That was the message from many speakers, panelists…
US markets falter, Oct. 16-20
Gold closed at US$1,280 per oz., down US$23.30 per ounce. The Philadelphia Gold and Silver Index dropped 2.61% to 85.01, while the Dow Jones Industrial Average stayed strong, rising 2%…
Pretium ramps up
VANCOUVER — Pretium Resources’ (TSX: PVG; NYSE: PVG) new 8.7 million oz. Brucejack gold mine in northwestern B.C.’s Golden Triangle district is “well on its way” to becoming a 500,000…
The Northern Miner podcast – episode 77: What’s up with the Witwatersrand?
This week we’ve got a geological bonanza, as Lesley chats with Hartwig Frimmel about the genesis of the Witwatersrand (Wits) gold deposit in South Africa. The geological anomaly has received…
BMO: Gold miners may revisit dormant megaprojects
VANCOUVER — The last five years have seen large-cap gold miners shelve and write down many ambitious, greenfield development projects that carry significant price tags and heightened risk. Miners instead refocused…
Falco Resources completes feasibility study on Horne 5
A new feasibility study of the Horne 5 gold project in Rouyn-Noranda, Que., estimates it could cost C$1 billion to build, Falco Resources (TSXV: FPC; US-OTC: FPRGF) says. Preproduction construction costs for…
Silver Viper takes first bite at Clemente
VANCOUVER — Newly branded Silver Viper Minerals (TSXV: VIPR) has launched a drill campaign at its 62.1 sq. km Clemente silver-gold project in Sonora, northern Mexico, just days after the company…
Book excerpt: Budding mogul J.P. Bickell’s hunt for gold in Ontario
The would-be millionaire John Paris Bickell had first become interested in the metals of the earth during a trip to the Yukon goldfields as a young man. Then, in 1903,…
Editorial: Gold majors gather in Colorado Springs
The unofficial theme of this year’s annual gathering of the world’s biggest gold miners at the Denver Gold Forum in Colorado Springs, Colo., in late September could very well have…