Eldorado hits bonanza grades
Eldorado Gold (ELD-T) has intersected impressive gold values at its project in western Turkey.The drilling — part of a 28-hole program which spanned 4,100 metres — was focused on the Efemcukuru depo…
Eldorado Gold Corporation
GLOBAL SEARCH FOR GOLD — Barberton camp struggles with low gold prices — Canadian companies ease up on once-promising projects
The cramped, creaky cage that lowers miners to the depths of Avgold’s Sheba mine is a potent reminder that the Barberton area of South Africa is one the world’s oldest gold camps. For more than 100 ye…
Miranda expands in Mexico
The Mexican subsidiary of Vancouver-based Miranda Industries (MAD-V) has signed an option to acquire two mining concessions near La Rastra in Mexico’s Sinaloa state.To acquire the properties, which li…
STOCK MARKETS — TSE lives through another selloff — Metals and golds keep sinking as
broad market recoversLike its counterparts around the world, the Toronto Stock Exchange was hit by a correction on Aug. 15. But the TSE 300 composite index rallied on Aug.19 to recover most of the los…
Eldorado nixes Gencor deal
Blaming a change in market sentiment for gold, Eldorado Gold (eld-t) has opted not to proceed with the proposed US$193.6-million acquisition of two operating gold mines and nine exploration projects i…
Eldorado enters talks with Gencor
Weak gold prices have induced Eldorado Gold (eld-t) to enter discussions with South African mining house Gencor to revise a proposed transaction involving the acquisition of two operating gold mines a…
STOCK MARKETS — Golds take the lead in recovery on Toronto markets — Gold and precious metals sub-index soars 440.31 points
For the first time in months, gold stocks led the Toronto Stock Exchange, as the modest rebound in the price of the yellow metal helped most gold stocks rise in the report period ended Aug. 12.The TSE…
STOCK MARKETS — Toronto-listed golds rise in quiet week of trading —
Platinum group metals continue to dazzle investment communityThe Toronto Stock Exchange had a flat week from June 4 to 10, with the TSE 300 composite jiggling slightly up and down before finishing fra…
Eldorado expands into African districts — Two gold mines added to international portfolio
Two operating gold mines and nine exploration properties in Africa will be acquired by Eldorado Gold (ELD-T) as part of a second-stage transfer of assets to the company from South African mining house…
ODDS ‘N’ SODS — Eldorado the beautiful, Part 2
Between early February and late June of 1939, Canadian artist and Group of Seven member Franz Johnston completed more than 100 paintings and dozens of pencil and pastel sketches at the Eldorado mine, …
ODDS ‘N’ SODS — Eldorado the beautiful, Part 1
Franz Johnston, one of Canada’s Group of Seven painters, had a love of the Canadian north and spent the winter of 1938-39 painting at a remote mining camp above the Arctic Circle.In late 1938, mining …
Energold forms JV with Treminco
Treminco Resources (TMO-T) is the latest in a growing number of companies that have entered into joint ventures in the Dominican Republic with Vancouver-based Energold Mining (EGD-V).Treminco intends …