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OceanaGold Corp buys Romarco Minerals Inc for $856 million gains low cost mine in low risk areaEldorado Gold gets licence for Olympias mine project in Greece

OceanaGold brings to the deal cash flow which Romarco needs to build an open pit gold mine at its Haile Gold project in South CarolinaEldorado had been in a dispute with the Greek government over plans to develop gold mines in northern Greece with Athens voicing environmental concerns

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BRIEF Acacia Mining says gets approval for Gokono mine in Tanzania Gold mining company extends Aberdeenshire search following discoveries

Nov 27 Reuters Acacia Mining Plc Company s name changed to Acacia Mining from African Barrick Gold Plc Approved the definitive feasibility study in 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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Ghana gold mine collapse kills 16Gang posing as car buyers a jeweller and an African mining magnate duped man out of £1 000 in gold nugget scam

At least 16 people have been killed when a disused gold mine collapsed in Ghana local authorities say With echoes of the TV show The Hustle the gang have been approaching people in the Longsight area at three different car parks with an offer they can rsquo t refuse

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First Mining Finance sees more acquisition opportunities after three way dealOceanaGold Corp buys Romarco Minerals Inc for $856 million gains low cost mine in low risk area

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 stockOceanaGold brings to the deal cash flow which Romarco needs to build an open pit gold mine at its Haile Gold project in South Carolina

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TSX slides led by drop in mining goldBarrick Gold Corp slashes dividend signs streaming deal as it struggles with rough gold market

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 dayBarrick has slashed its dividend signed a streaming deal and put a host of assets up for sale as it tries to reduce a crippling debt load in a weak gold price environment

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Egypt explorers hunt gold in the desert following ancientsBarrick Gold Corp cuts cost guidance reports solid results

experts say the country is heavily underexplored and that modern technology now allows much deeper excavation of the ancient sites shown on Pharaonic treasure mapsWhile veins close to the surface have been largely excavated by successive Barrick Gold has cut costs significantly during the bear market of the past three years positioning it well for this turnaround in prices

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Angola state fund on hunt for African gold silver copper3 reasons to be bullish on gold in

By Ed Cropley JOHANNESBURG Sept 30 Reuters Angola s sovereign wealth fund is looking at opportunities in gold copper and silver mining in sub Saharan A Gold prices recently hit yet another five year low but HSBC is calling for a bounce back in

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Gold outlook remains grim at Denver showLooting prompts closures at mining sites in Joshua Tree

The annual Denver Gold Forum which ended on Wednesday is a good barometer for the state of the gold mining sector And if this year s show is any indication sentiment in the sector remains pretty weakTwo areas of Joshua Tree National Park noted for their mining artifacts have been closed indefinitely because of looting according to the park s superintendent The areas include Carey s Castle and El Sid Mine in the Eagle Mountains range in

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Barrick Gold Corp shakes up management structure drops co president modelAngloGold says Ghana manager killed in riot over illegal mining

Barrick Gold Corp says with the difficult market conditions in the gold sector the time was right for the company to accelerate the transitionsCAPE TOWN Feb 10 Reuters AngloGold Ashanti said on Wednesday its head of corporate affairs in Ghana was killed on Saturday during a riot among illegal m

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Photos show the once bustling life of a gold mining town Bodie in CaliforniaPeru Scrambles to Drive Out Illegal Gold Mining and Save Precious Land

Bodie in northern California was a busy gold rush town that once boasted a population of 10 000 as well as hotels a jail a bowling alley and around 200 restaurantsLa Pampa an area devastated from illegal mining in the Madre de Dios region of Pe

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TSX slides led by drop in mining goldVancouver company reveals plan for restarting Dufferin gold mine in Nova Scotia

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 dayVANCOUVER A Vancouver company says it plans to acquire and restart a gold mining operation on Nova Scotia s east coast

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Peru Scrambles to Drive Out Illegal Gold Mining and Save Precious LandAcacia Mining seeking gold assets across west Africa

La Pampa an area devastated from illegal mining in the Madre de Dios region of PeBy 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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Acacia Mining seeking gold assets across west Africa Gold mining company extends Aberdeenshire search following discoveries

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 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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First Mining Finance sees more acquisition opportunities after three way dealGold outlook remains grim at Denver show

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 annual Denver Gold Forum which ended on Wednesday is a good barometer for the state of the gold mining sector And if this year s show is any indication sentiment in the sector remains pretty weak

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