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.
Gold
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.
Nicaragua a priority, B2Gold says
With two of the company’s three operating mines in Nicaragua, B2 Gold (TSX: BTO; NYSE-MKT: BTG) is the country’s largest gold exporter and taxpayer, and one of its largest employers.
More big things to come from little Panama
PANAMA CITY, PANAMA — There may be 117 countries with more land mass and another 131 countries ahead of it when it comes to population, but for such a small country, Panama likes to do things big.
Kirkland Lake Gold drills shallow high grade
Near-surface drilling that has returned an intercept of 1,718.06 grams gold per tonne over a true width of 0.6 metre from 280 metres below surface — 1.5 km from Kirkland Lake Gold’s (TSX: KGI; US-OTC: KGILF) operating Macassa…