Nov 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 procAs a result of the weak loonie Canadian gold producers are benefiting from the growing gap between their costs and sales
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We believe that the risk/reward has now shifted in Eldorado s favour 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
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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 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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Barrick Gold Corp TSX ABX has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining Group Barrick will use the money to reduce its debtPrices 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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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 weeksLa Pampa an area devastated from illegal mining in the Madre de Dios region of Pe
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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 GroupBy 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
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Gold miners have managed to cut their costs significantly since prices started to freefall in And fortunately it appears that trend is not slowing downCARACAS Venezuela Venezuela has ended a years long dispute with the Canadian mining company Gold Reserve and will be embarking on a joint venture with it
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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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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 marginsVANCOUVER 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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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 stockThe 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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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 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 margins
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After three millenniums mining company Centamin PLC puts Egypt back on the gold mining map with its Sukari mineFirst 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 stock
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