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Barrick 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 environmentBarrick 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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Mining group looks at trimming less profitable output in effort to weather falling gold pricePresident Ollanta Humala s government has cracked down on illegal mining but the high price of the precious metal has proved a powerful incentive
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Shares of Detour Gold Corp have jumped more than 10 per cent in the last two days as several analysts have heaped praise on the company for its new mine plan and hiked their price targetsBarrick 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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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 Volatile stock markets and the prospect of a rate rise in the US dwindling sent the price of gold 2 per cent higher to an eight month peak as traders hit the sell button on equiti
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By Ed Stoddard and Peroshni Govender JOHANNESBURG Nov 5 Reuters South African mining firm Harmony Gold reported a further quarterly loss on Wednesday an It wasn t that long ago that analysts were looking at what US$1 200 per ounce gold prices meant to mining compani Now they re looking at US$1 100
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Volatile crude price puts pressure on oil shares but gold rise helps Randgold and Fresnillo Continue reading Some investors may have anticipated a rally in the gold price after the Paris attacks Instead it has been the reverse
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Rising gold prices have made it profitable to extract lowgrade deposits lying beneath protected Amazon and other South American forests says study of mining impactsA surge in the price of gold has led to increased deforestation of the Amazon and Some investors may have anticipated a rally in the gold price after the Paris attacks Instead it has been the reverse
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The world s two top gold consultancies are cautious on gold in the short term but one thinks the second half of will be very strong while the other is more guardedScottish gold mining could be up and running at Cononish Argyll in May the company behind the project said yesterday London and Sydney listed Scotgold Resources saw its share price soar by more than 13 after it announced that subject to
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President Ollanta Humala s government has cracked down on illegal mining but the high price of the precious metal has proved a powerful incentiveBy Ed Stoddard and Peroshni Govender JOHANNESBURG Nov 5 Reuters South African mining firm Harmony Gold reported a further quarterly loss on Wednesday an
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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 dayFirst 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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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 weeksThe world s two top gold consultancies are cautious on gold in the short term but one thinks the second half of will be very strong while the other is more guarded
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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 dayA 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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