US markets slide, July 27-31
Expectations that the Fed would raise interest rates in September — along with economic turmoil in Asia and Europe — weighed on U.S. markets over the trading period.
Barrick Gold Corporation
Premier provides initial guidance for South Arturo
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is nearing producer status at the South Arturo mine in Nevada that it jointly owns with Barrick Gold (TSX: ABX; NYSE: ABX), and Ewan Downie, the junior’s president and CEO, forecasts the mine…
Barrick sells half of Zaldivar to Antofagasta
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) is selling a 50% interest in its wholly owned Zaldivar copper mine in northern Chile to Antofagasta (LSE: ANTO; US-OTC: ANFGY) for US$1 billion in cash. The deal will result…
TSX feels the chill, July 20-24
Canada’s resource-heavy benchmark index took a beating as prices for gold, copper and oil touched significant lows. Weaker-than-expected economic data from China and the Chinese equities rout added fuel to the slide in commodity stocks,…
Barrick moves towards leaner structure
VANCOUVER — Earlier this year Barrick Gold (TSX: ABX; NYSE: ABX) outlined a “back to the future” strategy that would see it become a “leaner and more agile” operator, focused on a core portfolio of assets and…
Hard Hats & High Heels leaves a lasting impression
Innovative. Inspiring. Fun. That’s what the Hard Hats & High Heels fashion show and panel presentation was all about. Organized by Women Who Rock (WWR) and the Canadian Arts & Fashion Awards (CAFA), the cross-sector collaboration…
US stocks end lower, May 25-29
Uncertainty over Greece’s debt talks and a first-quarter contraction in the U.S. economy pushed stock indexes lower. Markets closed for the Memorial Day holiday, but when they reopened, the Dow Jones Industrial Average dropped 1.2% to…
China’s Zijin Mining buys into Barrick, Ivanhoe assets
Just a week after Vale (NYSE: VALE) unveiled a memorandum of understanding with one of China’s largest commercial banks for financing arrangements worth up to US$4 billion, Zijin Mining Group of southern Fujian province has agreed to…
Barrick’s Alturas discovery could be the next Veladero
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) has uncovered a hidden gold deposit known as Alturas, in Chile’s gold-rich El Indio district, 30 km south of the former El Indio mine.
NuLegacy hits high-grade gold in Nevada
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) has found drilling success at its Iceberg gold deposit, a Carlin-type gold system in Nevada’s Cortez trend.
Columbus Gold to launch $20M program
Over the next year, Columbus Gold (TSXV: CGT; US-OTC: CBGDF), a small junior with a market cap of just $64 million, will oversee $20 million invested in exploration and development at its two gold projects, Paul Isnard in French Guiana and…
Premier to be ‘next major gold miner,’CEO Downie says
VANCOUVER — Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is hoping to follow in the footsteps of some major Canadian success stories in the gold space. And the company has gotten closer to reaching that goal with a…