Gabriel Resources (TSX: GBU; US-OTC: GBRRF) is set to reduce its workforce by 80%, or 400 employees, at its Rosia Montana gold–silver project in Romania if the new government makes no clear move to advance the project.
Cameco’s (TSX: CCO; NYSE: CCJ) Cigar Lake — one of the most technically challenging mining projects in the world — has started production after years of delays and mine plan re-engineering.
Gramalote’s chances of becoming one of the first modern commercial scale gold mine in Colombia have been diminished, as B2Gold (TSX: BTO; NYSE-MKT: BTG) released a preliminary economic assessment (PEA) of the project and said it…
VANCOUVER — Partners McEwen Mining (TSX: MUX; NYSE: MUX) and Hochschild Mining (LSE: HOC; US-OTC: HCHDF) more than replaced the mined-out reserves at their San Jose mine in Argentina in 2013, despite the operation producing 33% more gold…
When the market was hot from 2010 through 2012, mid-tier Alamos Gold (TSX: AGI; NYSE: AGI) stayed on the sidelines of an otherwise active M&A scene because valuations for companies were “through the roof,” says the…
David Harquail, president and CEO of gold royalty company Franco-Nevada, first came to the Prospectors & Developers Association of Canada (PDAC) convention when he was a kid in the sixties. His job was to transport rye and scotch from his…
China’s first corporate bond default and fears of a slowdown in the Chinese economy and concern over the crisis in the Ukraine ahead of a referendum in Crimea combined to send the S&P/TSX Composite Index down 0.50% to 14,227.66 and…
VANCOUVER — A 1.7-million oz. estimate for the North Kao deposit at True Gold Mining’s (TSXV: TGM; US-OTC: RVREF) Karma property in Burkina Faso is reminding investors that the feasibility stage gold project has lots of room…
The S&P/TSX Venture Composite Index lost 9.35 points during weekly trading en route to a 1,033.64-point close. Reports out of China indicated growth rates across industrial sectors had dropped to multi-year lows, while markets also…
International Enexco (TSXV: IEC) saw its shares climb 23% after announcing the thickest and highest grade hit yet from its 30%-held Mann Lake uranium property in Saskatchewan’s prolific Athabasca basin.
Investors turned jittery over the period, with the Dow Jones Industrial Average down 388 points to 16,065.67, the S&P 500 Index shedding 36 points to 1,841.13 and the Nasdaq Composite Index 87 points lower to 4,245.40.
Although the move was long anticipated due to his chronic ill health, it still felt surprising that Canada’s third-longest serving finance minister, Jim Flaherty, was finally resigning from cabinet after eight years in the post.
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