US markets post marginal gains, Oct. 30-Nov. 3
The unemployment rate in the U.S. fell to 4.1% to a new 17-year low over the reporting period. Spot gold ended the week at US$1,269.40 per oz., down 0.30%, or…
Gold
Site visit: Orca poised to succeed in Sudan
ABU HAMAD, SUDAN — It’s easy to tell when and where it last rained in the Nubian Desert. Grass sprouts up within a couple days and lasts as long as…
Moody’s downgrades its outlook on Eldorado Gold
Eldorado Gold’s (TSX: ELD; NYSE: EGO) troubles in Greece and Turkey have prompted Moody’s Investors Service to downgrade its rating outlook for the gold producer from stable to negative. “The…
Fiore brings new life to beleaguered Pan mine
VANCOUVER —Vancouver-based Fiore Gold (TSXV: F; US-OTC: FFRRF), a new company backed by financier Frank Giustra, is off to a strong start at its revamped Pan gold mine, 28 km…
Sit visit: Treasury moves Goliath forward with updated PEA
DRYDEN, ONTARIO — A dirt road leads across a bushy plot of land to a small wooden building: Treasury Metals’ (TSX: TML) project office on its wholly owned Goliath gold…
A Q3 financial review of Canada’s largest gold producers
VANCOUVER — The Northern Miner presents a roundup of third-quarter results from Canada’s three largest gold producers by market capitalizatio n: Barrick Gold (TSX: ABX; NYSE: ABX); Agnico Eagle Mines (TSX:…
Monarques pours first gold at Beaufor, grows Wasamac resource
Monarques Gold (TSXV: MQR) has joined the club of Canadian gold producers after pouring its first gold bar from its Beaufor mine in Quebec, 20 km northeast of Val-d’Or. The…
MDRU, Fathom Geophysics target central BC
The University of British Columbia’s Mineral Deposit Research Unit (MDRU) and consulting firm Fathom Geophysics may have identified the regional structural framework partly responsible for silver-gold-copper mineralization in central B.C.’s…
Beaty bets US$20M on three-way merger to form Equinox Gold
VANCOUVER — Mining magnate Ross Beaty is leading a merger between gold juniors Trek Mining (TSXV: TREK), NewCastle Gold (TSX: NCA) and Anfield Gold (TSXV: ANF; US-OTC: ANCKF). Beaty will…
Iamgold CEO Letwin’s passionate keynote on cost control, innovation and gold’s bright future
The following is a transcript of the keynote speech by Stephen Letwin, president and CEO of Iamgold (TSX: IMG; NYSE: IAG) at the inaugural Progressive Mine Forum presented by The…
Barrick, Acacia struggle to find common ground in Tanzania
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has proposed a framework to resolve a three-month dispute with the government of Tanzania. It appears that management at Acacia Mining (LON: ACA),…
Editorial: Iamgold’s Letwin tells of hard lessons learned in keynote at PMF
A careful implementation of innovative technology and management techniques is key to thriving in the mining industry in the decades to come. That was the message from many speakers, panelists…