Murenbeeld ‘mildly bullish’ on gold in 2014
Martin Murenbeeld, chief economist at Dundee Capital Markets, says he’s “mildly bullish” about this year’s gold price.
Gold
San Jose yields more high grades
VANCOUVER — Partners McEwen Mining (TSX: MUX; NYSE: MUX) and Hochschild Mining (LSE: HOC; US-OTC: HCHDF) more than replaced the mined-out reserves at their San Jose mine in Argentina in 2013, despite the operation producing 33% more gold…
COO Burns on Goldcorp’s cost-cutting drive
VANCOUVER — In a climate of lower gold prices and rising costs, gold producers have been focusing on improving operations at established mines, and Vancouver-based Goldcorp (TSX: G; NYSE: GG) is no exception. The company’s…
Barrick sells 10% of African Barrick
Barrick Gold (TSX: ABX; NYSE:ABX) has sold part of its 74%-stake in its subsidiary African Barrick Gold (LSE: ABG; US-OTC: ABGLF), in a move to keep optimizing its portfolio amid weaker gold prices.
Integra eyes low-cost underground mine at Lamaque
VANCOUVER — Integra Gold’s (TSXV: ICG; US-OTC: KALRF) efforts to advance its Lamaque gold project in Val-d’Or, Que., to production were just rewarded with a preliminary economic assessment (PEA) predicting a mine with a 38%…
Analysts like gold-focused royalty firms
Royalty and streaming companies make good investments, argue Raymond James analysts Alex Terentiew and Ross Yakovlev in a recent note.
Amara highlights ‘robust returns’ in Yaoure PEA
VANCOUVER — U.K.-based producer Amara Mining (LSE: AMA, US-OTC: CLUGF) looks to have a great West African story on its hands at its brownfield Yaoure gold property, 40 km northwest of the Côte d’Ivoire capital of…
True Gold adds ounces at Karma
VANCOUVER — A 1.7-million oz. estimate for the North Kao deposit at True Gold Mining’s (TSXV: TGM; US-OTC: RVREF) Karma property in Burkina Faso is reminding investors that the feasibility stage gold project has lots of room…
Gabriel to fire 400 employees in Romania
Gabriel Resources (TSX: GBU; US-OTC: GBRRF) is set to reduce its workforce by 80%, or 400 employees, at its Rosia Montana gold–silver project in Romania if the new government makes no clear move to advance the project.
Franco-Nevada’s Harquail: Short-term investment focus has to go
David Harquail, president and CEO of gold royalty company Franco-Nevada, first came to the Prospectors & Developers Association of Canada (PDAC) convention when he was a kid in the sixties. His job was to transport rye and scotch from his…
Alacer focuses on upside in Turkish portfolio
VANCOUVER — Following a strategic decision to sell-off its Australian portfolio for roughly US$36 million in late October, U.S.-based producer Alacer Gold (TSX: ASR; US-OTC: ALIAF) is all about Turkey. The company delivered a…
New producer Marlin Gold debuts streaming subsidiary
VANCOUVER — Marlin Gold Mining (TSXV: MLN; US-OTC: MLNGF) just built a gold mine in Mexico’s Sinaloa state for US$23 million. That is intriguing, but on closer inspection, the intrigue deepens.