Anxiety about global growth soured investor appetite for risk, with data showing Chinese factory activity shrank to a six-and-a-half-year low in September, while U.S. manufacturing growth in the same month stayed at a two-year low.
Listening to the CEOs of the world’s largest gold miners at this year’s annual Denver Gold Forum in September, you couldn’t help but notice they all sang off the same songsheet, despite the challenges of their individual…
In what would become their third partnership in a decade, Randgold Resources (LSE: RRS; NASDAQ: GOLD) and AngloGold Ashanti (NYSE: AU) have signed an investment agreement to consider setting up a joint venture that would redevelop and operate…
VANCOUVER — Pretium Resources (TSX: PVG; NYSE: PVG) is proving that struggling equity markets and global economic woes can’t keep a good project down. On Sept. 15 the company announced terms for a US$540-million…
Canada’s benchmark index gained ground during the week, adding 185.33 points, or 1.4%, to close at 13,646.80 points, as investors took in the U.S. Federal Reserve’s decision to keep interest rates near zero.
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) says the El Barqueno gold project in Mexico could become a heap-leach operation similar to its La India gold mine and the stand-alone Creston Mascota pit, near its Pinos Altos gold mine.
La Mancha, a privately held investment company controlled by the family of Egyptian billionaire Naguib Sawiris — who earlier this month tweeted that he wants to buy an island in Europe to provide a home for refugees fleeing war-torn Syria…
For global gold miners, the emerging gold mining industry in Burkina Faso has been a wonderful success story of discovery and mine development in a land that until recently had little modern industry of any kind, or infrastructure.
For a company that hasn’t had to raise equity since 2006 and whose last financing was a $7-million convertible debenture in 2012, which isn’t due until 2017, Wesdome Gold Mines (TSX: WDO; US-OTC: WDOFF) has performed fairly well…
Polyus Gold (LSE: POLG) has tapped Wenco International Mining Systems to provide high-precision guidance for shovels and drills at its Blagodatnoye gold mine in eastern Siberia. The technology will be installed by the end of 2015.
At the end of August, Red Pine Exploration (TSXV: RPX; US-OTC: RDEXF) completed its earn-in for a 30% stake in the Wawa gold project, which hosts eight past-producing gold mines with average grades of 8.9 grams gold per tonne, 2 km southeast of…
At a time when many companies are putting exploration plans on hold to weather the downturn in metals markets, Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is doing exactly the opposite.
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