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Centamin brings industrial scale gold production back to EgyptEndeavour Mining reaches deal to acquire True Gold and new African gold mine

After three millenniums mining company Centamin PLC puts Egypt back on the gold mining map with its Sukari mineVANCOUVER 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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The Latest Court rules against gold mining techniqueBarrick Gold Corp to reduce debt with US$298 million from Zijin Mining partnership

Miners 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 Barrick Gold Corp has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining Group

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Peru Scrambles to Drive Out Illegal Gold Mining and Save Precious LandEndeavour Mining reaches deal to acquire True Gold and new African gold mine

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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Venezuela ends mining dispute starts joint ventureLens Blog Taking Time to Mine Portraits

CARACAS Venezuela Venezuela has ended a years long dispute with the Canadian mining company Gold Reserve and will be embarking on a joint venture with itSean Hawkey trekked to a Peruvian mine set up a mobile darkroom and used silver nitrate from the mining process to make portraits of the miners themselv

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San Gold seeks court protection during restructuringTSX slides led by drop in mining gold

WINNIPEG based mining company San Gold has asked for court protection from its creditors while it tries to restructure operationsEarlier this week the gold mining concern filed a notice of intention to make a proposal to its creditors a move The 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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Greece suspended but Eldorado Gold upgraded anywayGold mining company extends Aberdeenshire search following discoveries

We believe that the risk/reward has now shifted in Eldorado s favour 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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TSX slides led by drop in mining goldPrimero Mining acquisition goes south Quickly

The 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 dayIt was only eight months ago that Primero Mining Corp completed the acquisition of Brigus Gold Corp and its Black Fox mine in Ontario But the deal is already causing headaches for the buyer

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Acacia Mining seeking gold assets across west Africa Gold mines are bleeding cash but wave of closures unlikely

By Abhiram Nandakumar Jan 16 Reuters Acacia Mining Plc is looking to buy gold mines and exploration projects in Senegal Mali and Ghana to expand in west 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 struggle

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Gold plunges below US$1 100 as US dollar risesGold stands out as bright spot in Canadian mining industry

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 marginsAs a result of the weak loonie Canadian gold producers are benefiting from the growing gap between their costs and sales

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First Mining Finance sees more acquisition opportunities after three way dealAvocet Mining cuts full year gold production forecast

First Mining Finance founded by Canadian mining heavyweight Keith Neumeyer unveiled a three way deal in which it will buy Gold Canyon Resources and PC Gold for about $66M in stockNov 6 Reuters Avocet Mining Plc cut its full year production forecast for the second time and said third quarter gold output fell 30 percent as it proc

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The Latest Court rules against gold mining techniqueBarrick Gold Corp to reduce debt with US$298 million from Zijin Mining partnership

Miners 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 Barrick Gold Corp has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining Group

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First Mining Finance sees more acquisition opportunities after three way dealGold plunges below US$1 100 as US dollar rises

First Mining Finance founded by Canadian mining heavyweight Keith Neumeyer unveiled a three way deal in which it will buy Gold Canyon Resources and PC Gold for about $66M in stockGold prices plunged to a five year low in overnight trading putting additional pressure on a gold mining sector that is already facing razor thin margins

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