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…
The U.S. Federal Reserve’s decision to keep interest rates near zero heightened worries about how weak global economic growth would affect U.S. corporate earnings. Fed Chair Janet Yellen said the impact of the global economic slowdown on…
U.S. equities tumbled as investors took in new data signaling a slowdown in China and a report that showed an unexpected rise in U.S. crude stockpiles, fuelling concerns of a global oil surplus. The S&P 500 Index and the Dow Jones…
VANCOUVER — Corvus Gold (TSX: KOR) hit a milestone with the release of a preliminary economic assessment (PEA) on its 75 sq. km North Bullfrog gold-silver project 10 km north of Beatty, Nev. The study has intriguing economics, but CEO…
VANCOUVER — Denver- based Newmont Mining (NYSE: NEM) has been on the lookout for low-cost gold mines in favourable jurisdictions, and there likely isn’t a friendlier place for the company than its home state of Colorado. On June 8…
VANCOUVER — It’s been over a year since Mario Stifano, president and CEO of Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) shared an elevator with international financer Robert Friedland and sparked the billionaire’s interest in…
Miners are facing a more complex and difficult business environment than ever, with the pressures of rising costs, declining commodity prices, and rising social and investor demands.
VANCOUVER — It’s been a rapid race to production for junior Red Eagle Mining (TSXV: RD; US-OTC: RDEMF) at its Santa Rosa gold project, 70 km north of Medellin, Colombia. On March 10 the company received an environmental licence for…
Kinross Gold (TSX: K; NYSE: KGC) has put its US$1.6-billion Tasiast mill expansion project on hold to keep its balance sheet intact in the current low gold price environment, with at least one analyst thinking the firm is considering other…
Despite weaker-than-expected U.S. job numbers and accusations by Ukraine that Russia was sending tanks and soldiers across the border into the eastern part of the country, U.S. stock indexes still posted marginal gains. The Dow Jones Industrial…
VANCOUVER — Volatile gold markets have shifted the goal posts for miners, and South Africa’s AngloGold Ashanti (NYSE: AU) has responded by streamlining operations and getting a better grasp on its balance sheet. The company has…
Mining in Latin America has had an outstanding period of growth in the last two decades, but is now facing many challenges. These challenges vary from country to country, as well as region to region within each country.
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