Facts ‘n’ figures: The socio-economic benefits of gold mining
The following is an edited summary from the World Gold Council’s report The Social and Economic Impacts of Gold Mining. To see the full report please visit www.gold.org.
Gold
Site visit: Endeavour Mining rides strong performance at Agbaou
YAMOUSSOUKRO, CÔTE D’IVOIRE — It’s easy to stay awake while travelling during the early morning hours in Côte d’Ivoire’s remote political city, Yamoussoukro. Formerly a small agricultural village, the…
Great Panther defies low silver prices and eyes growth
VANCOUVER — Despite a rough three-year run in precious metal prices, Great Panther Silver (TSX: GPR; NYSE-MKT: GPL) is flying high on the back of a stellar first quarter and a pair of acquisitions that appear to cement a promising project…
Abitibi Royalties harnesses Internet for royalty searches
Two months ago, Ian Ball, the president of Abitibi Royalties (TSXV: RZZ; US-OTC: ATBYF), called up the CEO of a junior exploration company, who had staked ground with interesting mineralization, 1.6 km away from Barrick Gold’s Cortez gold…
West Kirkland CEO talks development plans at Hasbrouck
VANCOUVER — The path to production is coming into focus for West Kirkland Mining (TSXV: WKM; US-OTC: WKLDF) at its Hasbrouck gold project near the town of Tonopah, Nev. The company is hoping to use a two-stage development strategy that…
Oban Mining makes splash with plan for five-firm combo
Six years ago, John Burzynski, along with colleagues Sean Roosen and Robert Wares, won The Northern Miner’s Mining Persons of the Year award for their role in transforming Osisko Mining (TSX: OSK; US-OTC: OSKFF) from a junior — with…
Lara drills good copper grades in Brazil
Prospect-generator Lara Exploration (TSXV: LRA; US-OTC: LRAXF) has a portfolio of mineral properties across South America with some heavyweight partners, but its Curionopolis copper project in Brazil’s Para state seems to be the one…
Newmont bulks up US presence via Colorado acquisition
VANCOUVER — Denver- based Newmont Mining (NYSE: NEM) has been on the lookout for low-cost gold mines in favourable jurisdictions, and there likely isn’t a friendlier place for the company than its home state of Colorado. On June 8…
B2Gold starts mine constructionat Fekola in Mali
B2Gold (TSX: BTO; NYSE-MKT: BTG) has kicked off construction at the Fekola open-pit gold mine in southwestern Mali, after releasing an optimized feasibility study and closing a previously announced US$350-million revolving credit facility.
TSX slumps, June 8-12
Renewed concerns over a potential Greek debt default and its effect on the euro pushed down Canada’s benchmark index. The S&P/TSX Composite Index fell 1.4% to 14,741.15. The S&P/TSX Global Gold Index dropped 3.2% to end at 154.27…
Interview: BitGold co-founder Roy Sebag explains company’s philosophy
BitGold (TSXV: XAU), which offers a platform for savings and payments in gold, listed on the TSX Venture Exchange on May 13 at 90¢ per share, and since then the shares have traded as high as $8 apiece. The start-up shook up the markets…
OceanaGold fires on all cylinders
There aren’t many companies in the mining sector these days that can pay off large chunks of debt from operating cash flow and embark on sizable acquisitions at the same time. But OceanaGold (TSX: OGC) is one of them.