Gold’s Fundamentals Still Strong
Probably the most encouraging news for miners during the week ended Jan. 17, the second trading week of 2009, came out of GFMS’s newly tabled supply and demand statistics for the gold market, and its …
Gold
Premier Gets Into Gear For The New Year
While Premier Gold Mines (PG-T, PIRGF-O) is making a name for itself through its three projects in northwestern Ontario, it isn’t too busy to prove up a site in northwestern Mexico, too.
Eldorado Gold aims for 400K oz. gold production in 2010
Vancouver – Although its year end numbers and production forecasts suggest Eldorado Gold (ELD-T, EGO-X) is ca…
Red Back raises $150 million
Vancouver – Red Back Mining (RBI-T) is riding the gold tide and raising money again. It was only two months ago tha…
Bought deal brings Anatolia $51.8 million
Anatolia Minerals Development (ANO-T) will raise $51.8 million in a financing led by RBC Capital Markets to help fu…
Barrick holds strong in Tanzania
Barrick Gold’s (ABX-T, ABX-N) North Mara mine in Tanzania has had its share of problems.
Chilean copper producer buys controlling stake in Explorator Chile
Vancouver – Explorator Resources (EXO-V) is selling a 51% stake in its Chilean subsidiary, Explorator Chile, to int…
BacTech buys interest in PNG deposits
BacTech Mining (BM-V) is in the process of buying a 33% interest in two gold deposits in Papua New Guinea from Yama…
Centamin to raise at least $60M
Vancouver – The Pharaohs would be envious. Centamin Egypt (CEE-T, CEY-L) is raising $60 million for its 9 mil…
Positive pre-feasibility for Golden Band’s La Ronge
Vancouver – Golden Band Resources (GBN-V) has taken another step towards production with a positive pre-feasib…
GFMS: gold’s long-term fundamentals still strong
Probably the most encouraging news for miners in mid-January came out of GFMS’s newly tabled supply and demand stat…
Rusoro extends deadline for Gold Reserve offer
Less than 3% of Gold Reserve’s (GRZ-T) shares have been tendered so far in Rusoro Mining’s (RML-V) hostile takeover…