Gold

Banro faces delay during Twangiza ramp-up

VANCOUVER — Just days after taking the keys from mine developer Banlaw Afrique, Canadian gold outfit Banro Corp. (BAA-T, BAA-X) has run into delays during the comissioning of its 100%-owned Twangiza open-pit mine 45 km southwest of Bukavu…


Centerra drops as Kyrgyz gov’t reviews Kumtor

Centerra Gold (CG-T) plunged more than 30% as the Kyrgyz parliament debated the fate of the company’s Kumtor gold project in Kyrgyzstan on Friday, while investors worried about the possibility of Centerra losing its mining licence.




Gran Colombia builds up Marmato

Gran Colombia Gold (GCM-T) has made a significant boost to its resources at its Marmato project in Colombia, even if it did cost a bit of grade to do so.


Iamgold to sell Quimsacocha

Shares of INV Metals (INV-T) surged 46% to 16¢ on news the Toronto-based company plans to acquire the Quimsacocha gold project in Ecuador from Iamgold (IMT-T) in a move it hopes will take it from a junior exploration company to an…


Chile, Peru must meet energy challenges as mining booms

VANCOUVER — The Andean nations of Chile and Peru are firmly established as the top copper producing locales in the world. Chile holds the number one spot with annual production clocking in at roughly 4.9 million tonnes, while Peru sits in…


Edgewater secures $120M financing for Corcoesto

VANCOUVER — Edgewater Exploration (EDW-V) has secured in principle a $120 million debt financing for its flagship Corcoesto gold project in Spain as it moves the project towards production.




Kinross grapples with Tasiast

Unpopular mergers are behind some tough news for two of Canada’s largest gold miners.On the same day that Barrick Gold’s (ABX-T, ABX-N) top manager was ousted partly for his role in a share-price-depressing takeover,…


SMI can’t touch the copper-gold pie at Tampakan

On the Philippine island of Mindanao, advancement of the Tampakan project — encompassing one of the planet’s largest undeveloped copper-gold deposits — remains in limbo following months of environmental opposition to a planned…


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