Expectations that U.S. president-elect Donald Trump would stimulate the economy through infrastructure spending lifted Wall Street. The Dow Jones Industrial Average rose 0.1%, or 20.27 points, to 18,867.93, and the…
The Cadillac-Larder Lake break in Canada’s well-known Abitibi greenstone belt has produced more than 100 million oz. gold from mines such as Lakeshore, Macassa, Kerr-Addison, Doyon, Bousquet, LaRonde, East-Malartic, Kiena…
Mining companies and organizations are increasingly going outside of the industry and using open innovation platforms to find solutions to their challenges.
VANCOUVER — It’s been a journey of discovery and growth for partners Consolidated Woodjam Copper (TSXV: WCC) and Gold Fields (NYSE: GFI) at their Woodjam copper-gold-molybdenum porphyry deposit, 45 km east of Williams Lake, B.C.,…
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…
A mixture of indicators puzzled investors in U.S. equities, as positive economic data suggested the Federal Reserve would raise interest rates in September, while China’s devaluation seemed to lessen the odds that the U.S. central bank…
The downturn in the mining industry isn’t generating many good news stories these days, but one exception is the promise of untold riches from an undeveloped high-grade gold deposit in the Chilean Andes.
The benchmark S&P 500 Index ended the week on a high note, finishing above the 2,000-mark for the third time during the trading week. The S&P 500 advanced 0.75% to 2,003.37, while the Dow Jones Industrial Average climbed 0.6% to finish…
Winnipeg-based junior miner San Gold (TSX: SGR; US-OTC: SGRCF) is merging with Toronto-based explorer and developer Kerr Mines (TSX: KER; US-OTC: AISDC). San Gold intends to use the skills it honed turning around its Rice Lake gold mine complex…
Exploration and development company Hummingbird Resources (LSE-AIM: HUM) is banking on becoming a near-term producer with the all-share acquisition of Gold Fields’ (JSE: GFI) Yanfolila project in southwestern Mali, an advanced-stage…
Barrick Gold (TSX: ABX; NYSE:ABX) is peeling back its presence in Australia, as it prepares to take another hit on its balance sheet due to Pascua-Lama.
VANCOUVER — Australia has become Gold Fields’ (NYSE: GFI; JSE: GFI) most important region, expected to produce 42% of its gold now that the company has closed a deal to buy three mines from Barrick Gold (TSX: ABX; NYSE: ABX).
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