Gold

Banro's Twangiza gold mine in the Democratic Republic of the Congo. Credit: Banro

Banro finds ‘relief’ in new financing plan

Banro (TSX: BAA; NYSE-MKT: BAA) has crafted a large financing plan to improve its liquidity and ability to bring Namoya, its second gold mine in the Democratic Republic of the Congo (DRC), to full production. The plan includes a US$35.5…


The Batu Hijau copper-gold mine is operated by PTNNT, a joint venture between Newmont, a Japanese firm, and three Indonesian corporations. Credit: Newmont Mining

Resolution at hand for Newmont in Indonesia

A month after Freeport-McMoRan Copper & Gold (NYSE: FCX) signed a deal with the Indonesian government resolving a standoff over the country’s recently imposed export tax on mineral concentrates, Newmont Mining (NYSE: NEM) appears…





Operating facilities at Semafo's flagship Mana gold mine in Burkina Faso. Credit:  Semafo

Semafo benefits from high-grade pits at Mana

VANCOUVER — When West Africa-focused Semafo (TSX: SMF; US-OTC: SEMFF) relocated most of the mining fleet to new mining ares at its flagship Mana gold mine, the company knew it would have to weather a less-productive transition…




Bre-X Minerals personnel at the Busang property in Indonesia in 1996, from left: Jerry Alo, John Felderhof, Michael de Guzman and Cesar Puspos. Photo by Vivian Danielson of The Northern Miner.

Bre-X film gains traction in Hollywood

The producer/director of an upcoming major motion picture based on the Bre-X Minerals fraud is in the final stages of financing and confirms he is in negotiations with an A-list Hollywood actor to play a lead role.


OceanaGold's Didipio gold-copper mine in the Philippines, 270 km north of Manila. Credit: OceanaGold

OceanaGold to optimize Didipio mine plan

OceanaGold’s (TSX: OGC; ASX: OGC) Didipio gold–copper mine  in the Philippines entered production in April 2013 and is on track this year to produce between 85,000 and 95,000 oz. gold and 21,000 to 24,000 tonnes copper, at…



Turquoise Hill Resources' Oyu Tolgoi gold-copper mine in Mongolia, 80 km north of the Mongolia-China border. Credit: Turquoise Hill Resources

Tax dispute adds doubt to Oyu Tolgoi’s UG expansion

Turquoise Hill Resources’ (TSX: TRQ; NYSE: TRQ) second-quarter results were overshadowed by a tax dispute with the Mongolian government, among other concerns, relating to its Oyu Tolgoi gold–copper mine in the country’s South…


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