Red Lake, Campbell see layoffs (May 26, 2006)
Goldcorp (G-T, GG-N) has started staff reductions at the Red Lake and Campbell mines in Balmertown, Ont., beginning…
Barrick Gold Inc - no
South Deep production halved for up to a year (May 10, 2006)
Johannesburg-listed Western Areas (WARSF-O) plans to sell shares equivalent to 10% of its current issued share capi…
South Deep skip plunges 1.6 km
An investigation is underway at the South Deep underground gold mine in South Africa, after a loaded skip broke fre…
AngloGold loses revenue despite higher gold price
Despite the average price of gold being 14% higher for the first quarter than it was for the fourth quarter of 2005…
Barrick’s earnings way up, hedge way down
Newly crowned gold goliath Barrick Gold (ABX-T, ABX-N) more than tripled its earnings to US$224 million during the …
Tethyan finds buyers in Antofagasta, Barrick
The board of Australian explorer
TSX rebounds on gold, oil rally
The Toronto Stock Exchange clawed back 346.27 points to finish the Feb. 14-20 report period at 11,865.76, with all of the precious metals, and most of the base metals staging recoveries. After plummet…
Miners whacked in US
Energy and resource commodities have been on a tear for most of the past year, so the correction that transpired on global markets over the report period ended Feb. 13 was overdue and likely expected…
Royal Gold sets revenue record
Vancouver — After raking in royalty revenue of US$7.6 million in the latest fiscal quarter,
Barrick eyes last bite of Placer
Lonmin confirms bid rumours
Platinum producer Lonmin (LMI-L) has confirmed that it has been in “preliminary discussions” with a possible buyer,…
Gold stocks under pressure
The overall market trend on U.S. markets was down over the report period Jan. 17-24, with both the Dow Jones Industrial Average and the broad-based Standard & Poor’s 500 index losing ground. DJIA…