Iamgold’s Q3 profit misses the mark
Iamgold (IMG-T, IAG-N) took a hit after posting a weak third-quarter profit thanks to lower gold production and sales.
AngloGold Ashanti Limited
Miners give back in Toronto, Mali
Several mining companies are digging into their pockets ahead of the holiday season and donating to charitable causes.
Miners give back in Toronto and Mali
Mirasol makes the grade with Patagonian silver
Argentina-focused silver-gold explorer Mirasol Resources (MRZ-V) has a budding joint-venture with U.S.-based producer Coeur d’Alene Mines (CDM-T, CDE-N) at the Joaquin silver-gold property in Argentina’s Santa Cruz province, 80 km…
Patagonia Gold to become takeover target: Hallgarten
Patagonia Gold (PAT-T, PGD-L), one of the largest landholders in the Argentine province of Santa Cruz and an exploration company that is likely to have three mines in production within the next three years, could be a takeover candidate in the…
Lonmin’s wage deal fuels more unrest in South Africa
While Lonmin (LMI-L) has ended a bloody labour dispute at its Marikana platinum mine near Rustenburg in South Africa that left 46 dead, other miners in the country are demanding higher wages.
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,…
Barrick slides on management changes
Barrick Gold (ABX-T, ABX-N) took a mild beating after it named a new chief executive in a move to bolster its share price, leaving some analysts wondering if turbulent waters lie ahead.
Kinross unloads stake in Crixas for US$220 million
VANCOUVER — Canada’s third-largest gold producer Kinross Gold (K-T, KGC-N) has divested its 50% stake in the Crixas gold operation in central Brazil to South African partner AngloGold Ashanti (AU-N, AGG-A) in a cash deal worth…
Extorre enjoys 8% share boost following Cerro Moro PEA
VANCOUVER — Markets reacted with enthusiasm to Extorre Gold Mines’ (XG-T, XG-X) preliminary economic assessment on its Cerro Moro gold-silver project 70 km southwest of Puerto Deseado in Argentina’s Santa Cruz province.
B2Gold makes Nicaragua its platform for growth
Many companies aspire to be a mid-tier gold producer, but few actually become one. There’s the small matter of finding a deposit that will yield good profit margins, and then there are financing issues, political risks and operational…
First Uranium to sell its South African assets
First Uranium (FIU-T) says it will sell chief assets — the Mine Waste Solutions (MWS) tailings recovery project and the Ezulwini gold-uranium mine, both in South Africa — for US$405 million as the underperforming junior…