Goldman Sachs downgraded Inc s stock to sell Monday saying the world s biggest manufacturer of construction and mining equipment was going to suffer from a new commodity deflation cycle VANCOUVER Endeavour Mining Corp TSX EDV has a friendly deal to acquire Vancouver based True Gold Mining Inc and control of a new mine that s preparing to pour its first gold within a matter of weeks
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As a result of the weak loonie Canadian gold producers are benefiting from the growing gap between their costs and salesGold miners have managed to cut their costs significantly since prices started to freefall in And fortunately it appears that trend is not slowing down
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Prices are sinking mines are bleeding cash and management teams are frantically trying to decide what to do next as the gold mining industry continues to struggleAfter three millenniums mining company Centamin PLC puts Egypt back on the gold mining map with its Sukari mine
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Goldman Sachs downgraded Inc s stock to sell Monday saying the world s biggest manufacturer of construction and mining equipment was going to suffer from a new commodity deflation cycle A company searching for gold in Aberdeenshire has doubled the size of its prospecting area after uncovering rock laden with the precious metal throughout the area GreenOre Gold which is backed by a Turkish goldmining giant has now licensed
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Gold prices plunged to a five year low in overnight trading putting additional pressure on a gold mining sector that is already facing razor thin marginsThe Toronto Stock Exchange closed lower Thursday led by declines in the metals and mining and gold sectors while the Canadian dollar continued its slide hitting its lowest closing price in more than a decade for the second consecutive day
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Carlos Raphael right and his crew in July mining for gold at the Cuatro Muertos or Four Dead Men an illegal mine near Las Claritas Venezuela that is 15 stories deepMiners say preventing use of the devices amounts to an illegal ban on gold mining because mining by hand is labor intensive and makes the enterprise unprofitableMiners say the state s ban on dredges amounts to a ban on gold mining because
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La Pampa an area devastated from illegal mining in the Madre de Dios region of PeVANCOUVER Endeavour Mining Corp TSX EDV has a friendly deal to acquire Vancouver based True Gold Mining Inc and control of a new mine that s preparing to pour its first gold within a matter of weeks
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A century and a half of hard rock mining with no accountability without consideration for environmental consequences or downstream neighbors has taken a heavy toll in the West Metallic acidic wastewater from mines have a long term effect on A century and a half of hard rock mining with no accountability without consideration for environmental consequences or downstream neighbors has taken a heavy toll in the West Metallic acidic wastewater from mines have a long term effect on
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Barrick Gold Corp has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining GroupMiners say preventing use of the devices amounts to an illegal ban on gold mining because mining by hand is labor intensive and makes the enterprise unprofitableMiners say the state s ban on dredges amounts to a ban on gold mining because
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A company searching for gold in Aberdeenshire has doubled the size of its prospecting area after uncovering rock laden with the precious metal throughout the area GreenOre Gold which is backed by a Turkish goldmining giant has now licensed A rock fall buried a worker and the scoop equipment the person was working in resulting in the fatality at the Musselwhite gold mine at Opapamiskan Lake the company said
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A rock fall buried a worker and the scoop equipment the person was working in resulting in the fatality at the Musselwhite gold mine at Opapamiskan Lake the company saidDeal will see Endeavour acquire a 90 per cent interest in the Karma mine in Burkina Faso
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Last week while inspecting leaks from a long abandoned Colorado gold mine EPA and its contractors accidentally breached the wall of an old mine tunnel releasing an orange colored toxic waste soup that flowed first into Cement Creek and then Early Wednesday a rock fall buried a worker and the scoop equipment the person was working in resulting in the fatality at the Musselwhite gold mine at Opapamiskan Lake
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