Mining sector forced to innovate
The mining sector is facing a Darwinian moment, delegates at the first annual Technology and Innovation in Mining conference in Toronto heard in September.
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Integra Gold issues million-dollar challenge
VANCOUVER — Integra Gold’s (TSXV: ICG; US-OTC: ICGQF) historical dataset for the former Sigma-Lamaque gold mines — in the town of Val-d’Or, Que. — has been cast open to the masses, and the rush is on for…
Editorial: World’s biggest gold miners reap benefits of renewed discipline
Listening to the CEOs of the world’s largest gold miners at this year’s annual Denver Gold Forum in September, you couldn’t help but notice they all sang off the same songsheet, despite the challenges of their individual…
Timmins Gold: Ana Paula is ‘great downside insurance’
Timmins Gold (TSX: TMM; NYSE-MKT: TGD) is one step closer to production its high-grade Ana Paula gold project in Guerrero, Mexico, after a deal with major Goldcorp (TSX: G; NYSE: GG) for a mill and processing facility that could cut development…
US stocks end lower, Sept. 21-25
U.S. Federal Reserve Chair Janet Yellen reiterated increasing interest rates later this year, if the labour market improves and inflation returns to 2%. The U.S. Commerce Department reported that the country’s gross domestic product (GDP)…
Sherritt scraps dividend, moves to protect liquidity
David Pathe, president and CEO of Sherritt International (TSX: S), did not mince words when he said the company needed to take action to protect its balance sheet so that it could withstand lower commodity prices, with “more than 60% of…
TSX Venture closes in the green, Sept. 14-18
The S&P/TSX Venture Composite Index had a bumpy ride, but gained 2.71 points en route to a 549.91-point close.
US stock indexes fall, Sept. 14-18
The U.S. Federal Reserve’s decision to keep interest rates near zero heightened worries about how weak global economic growth would affect U.S. corporate earnings. Fed Chair Janet Yellen said the impact of the global economic slowdown on…
TSX moves up, Sept.14-18
Canada’s benchmark index gained ground during the week, adding 185.33 points, or 1.4%, to close at 13,646.80 points, as investors took in the U.S. Federal Reserve’s decision to keep interest rates near zero.
Agnico Eagle has 10 rigs turning at El Barqueo
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) says the El Barqueno gold project in Mexico could become a heap-leach operation similar to its La India gold mine and the stand-alone Creston Mascota pit, near its Pinos Altos gold mine.
Randgold, AngloGold to revive Obuasi
In what would become their third partnership in a decade, Randgold Resources (LSE: RRS; NASDAQ: GOLD) and AngloGold Ashanti (NYSE: AU) have signed an investment agreement to consider setting up a joint venture that would redevelop and operate…
Pretium lands US$540M to build Brucejack
VANCOUVER — Pretium Resources (TSX: PVG; NYSE: PVG) is proving that struggling equity markets and global economic woes can’t keep a good project down. On Sept. 15 the company announced terms for a US$540-million…