VANCOUVER — The past two years have served as a stark reminder of the cyclical nature of the mining business, and senior producer Barrick Gold (TSX: ABX; NYSE: ABX) spent much of 2013 transforming its business to better cope with the ups…
VANCOUVER — Gold’s sliding price has forced mining majors to cancel new mines, shutter or sell high-cost operations, shelve expansion plans and dramatically write down asset valuations. Now gold’s price decline is cutting into…
The story “Newmont sees rough road this year” (T.N.M., Feb. 10–16/14) incorrectly reported Newmont Mining’s 2014 production guidance as 4.4 to 4.8 million oz. gold. Newmont’s attributable production guidance for…
Lower production and higher costs have taken their toll on Iamgold’s (TSX: IMG; NYSE: IAG) share price, after the gold miner released disappointing fourth-quarter and year-end results.
In an era when investors are demanding leaner budgets and more efficient projects, First Quantum Minerals (TSX: FM, LSE: FQM) is going old school. The company says the economics of the recently acquired Cobre Panama copper project in…
Teranga Gold (TSX: TGZ; US-OTC: TGCDF) is showing that when it comes to the gold sector, operational strength is being rewarded.
VANCOUVER — With a $275-million deal to buy the Marigold gold mine in Nevada, Silver Standard Resources (TSX: SSO; NASDAQ: SSRI) will be doubling its production profile, boosting its reserves by 50% and lowering its geopolitical risk.
Sunridge Gold (TSXV: SGC; US-OTC: SGCNF) says it’s the biggest milestone achieved to date at its Asmara copper–zinc–gold project in Eritrea. In one broad stroke the company has cemented its position in the country and…
VANCOUVER — How quickly relationships between potential partners can sour.
At the end of last year Klondex Mines’ (TSX: KDX; US-OTC: KLNDF) CEO Paul Huet signalled that 2014 was going to be a big year.
VANCOUVER — It’s been a rough ride for precious metal producers over the past twelve months, but New Gold (TSX: NGD; NYSE-MKT: NGD) executive chairman Randall Oliphant counselled investors to focus on gold’s upside during a presentation…
VANCOUVER — With a 4,900-metre, four-month drill program, Pilot Gold (TSX: PLG; US-OTC: PLGTF) has transformed the potential at its TV Tower project in Turkey from an interesting oxide gold target to a possible porphyry district.
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