The fickle nature of the gold market was on show in late February, as Wall Street powerhouse Goldman Sachs dramatically revised downward its 2013 gold price forecast on Feb. 25 to US$1,600 per oz. from US$1,810 per oz., citing the recent drop…
Semafo (SMF-T) discovered the Siou gold mineralized sector in the southern sector of its Mana property in Burkina Faso during the third quarter of 2012, and has lost little time carving out an initial inferred resource. If advanced to…
VANCOUVER — Last year, GoGold Resources (GGD-T) issued millions of shares and worked for months to acquire Absolute Gold Holdings for its Parral project in Mexico, home to a huge heap of tailings left behind after 300 years of operations…
CUSCO, PERU — With a large copper-gold-silver resource in its pocket at the Cotabambas project in the Peruvian Andes, Vancouver-based explorer Panoro Minerals (PML-V) is viewing 2013 as a turning point that could see the company…
VANCOUVER — Though it was not all good news for Vancouver-based major Goldcorp (G-T, GG-N), the company can rest easy on a strong fourth quarter that beat analysts’ estimates and set production records.
Mining has always been a risky but high-reward industry. But times have certainly changed: today, shareholders tend to ignore the high risks, and expect grandiose success regardless. But despite the risk that won’t go away, shareholders…
VANCOUVER — A preliminary feasibility study has concluded the East and West iron ore deposits at Champion Iron Mines’ (CHM-T) Consolidated Fire Lake North (CFLN) project could produce 9.3 million tonnes of concentrate grading 66%…
TIMMINS, ONT. — Greg Gibson is all about the big score, even if he has to take small steps to get there.
Over the last 40 years, Klaus Zeitler has financed, built and managed base metal and gold mines in Europe, Africa, North and South America and the Pacific.
Delays to drill programs will translate into a weak first half of 2013 for drilling companies, CIBC analysts forecast in a new report.
If you manage a mining company with assets abroad, sooner or later you will have to consider whether you are going to staff the key positions with local nationals, or send someone from the home office.
MOCORITO, SINALOA, MEXICO — The state of Sinaloa is a narrow strip of land hugging 650 km of coastline in northwestern Mexico that makes up 3% of the country’s land mass, 2% of its population and a hefty 30% of its food production.
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