Alacer boosts leaching capacity at pler
Alacer Gold (TSX: ASR) says it can increase the heap-leach capacity at its 80%-held Copler gold mine in Turkey to extend oxide gold production beyond 2017.
Gold
Skeena seeks next discovery in BC’s Golden Triangle
VANCOUVER — It’s been more than two decades since veteran geologist Ron Netolitzky won the Prospectors & Developers Association of Canada’s Bill Dennis Prospector of the Year award for his role in exploring and financing…
Aureus Mining ‘not a one-horse show’
Aureus Mining (TSX: AUE; LSE: AUE) has doubled the size of the aggregate resource at its Ndablama deposit in Liberia, just 40 km northeast of where the company is building its flagship New Liberty gold mine.
Randgold’s Mark Bristow dreams big
Mark Bristow was a 24-year-old university student when he attended a party on the eve of the Midmar Triathalon — a gruelling canoe-cycle-run event held at the Midmar Dam north of Pietermaritzburg in South Africa.
Probe closes $41.6M land deal at Borden
December was a great month for Probe Mines (TSXV: PRB; US-OTC: PROBF) president and CEO David Palmer.
Barrick to shutter Lumwana as Zambian gov’t hikes royalty
Barrick Gold (TSX: ABX; NYSE: ABX) will soon suspend operations at its Lumwana copper mine in Zambia in response to the Zambian government’s move to more than triple the royalty rate on open-pit mines, starting in 2015.
Commentary: Gold producer hedging in a lower price environment
The following is an edited except from Société Générale and Thomson Reuters GFMS’s Global Hedge Book Analysis Q3 2014.
Coeur pays US$161 million for Paramount’s San Miguel
VANCOUVER — According to Coeur Mining (NYSE: CDE) president and CEO Mitchell Krebs, the company’s friendly take-over of junior Paramount Gold and Silver (TSX: PZG; NYSE-MKT: PZG) is one of the most “logical and strategic acquisitions”…
Dundee: Gold miners continue to wrestle with costs
VANCOUVER — Cost optimization has been an underlying theme for gold miners over the past few years. Falling metal prices and frugal capital markets have made it hard to balance sustainable production growth and strong profit margins. In…
Yamana recruits former Augusta execs to head Brio Gold
Looking to wring more value out of its non-core assets in Brazil, Yamana Gold (TSX: YRI; NYSE: AUY) is creating a 100%-owned subsidiary named Brio Gold.
TSX continues decline, Dec. 8-12
Canada’s benchmark index fell during the trading week as investors fretted over plunging oil prices and weaker-than-expected economic data from China. The S&P/TSX Composite Index lost 742.65 points, or 5%, to end at 13,731.05. The…
Letter to the Editor: Tough to turn a profit at San Antonio
From April 1941 to June 1968, my late father Cliff Gibson was chief geologist at the San Antonio gold mine in Bissett, Man. Every year it made money and paid a dividend.