VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) is selling a 50% interest in its wholly owned Zaldivar copper mine in northern Chile to Antofagasta (LSE: ANTO; US-OTC: ANFGY) for US$1 billion in cash. The deal will result…
In a letter to shareholders earlier this year, Amir Adnani, chairman of Brazil Resources (TSXV: BRI; US-OTC: BRIZF), stated that the company’s strategy since its initial public offering in 2011 has been “to take advantage…
U.S. President Barack Obama has unveiled his administration’s sweeping plan to curb carbon emissions from U.S. power plants, and the news has domestic coal miners and coal-consuming states squirming.
The following is an edited version of a commentary by Surbiton Associates, an independent consulting group based in Melbourne and specializing in Australian gold mining and minerals industries. Visit www.surbiton.com.au for more…
VANCOUVER — With renewed exploration, Anaconda Mining (TSX: ANX; US-OTC: ANXGF) is laying the groundwork to revitalize its open-pit Pine Cove gold mine, 6 km northeast of the town of Baie Verte in north-central Newfoundland, even as…
Reservoir Minerals (TSXV: RMC; US-OTC: RVRLF) has reported an 84-metre drill intercept grading 10.8% copper and 10.86 grams gold (17.3% copper equivalent), including 46 metres of 15.9% copper and 16.77 grams gold (25.9% copper equivalent),…
Centerra Gold (TSX: CG; US-OTC: CAGDF) posted a profit in the second quarter, amid a sea of red for gold miners hurt by lower commodity prices.
Despite poor economic data and lower oil prices, the S&P/TSX Composite Index rose nearly 2% to finish July at 14,468.44. The S&P/TSX Global Mining Index climbed 1.1% to 53.17, while the S&P/TSX Capped Diversified Metals & Mining…
Dalradian Resources (TSX: DNA) has published the results of first 25 drill holes from its 2015 exploration program on its Curraghinalt gold project in Northern Ireland, confirming the project’s quartz veins carry high-grade gold…
Junior Equitas Resources (TSXV: EQT; US-OTC: EQTRF) has kicked off a second phase of exploration at its Garland nickel-copper-cobalt property in Newfoundland and Labrador, with the hope of discovering deeper Voisey’s Bay-style…
VANCOUVER — An updated technical report filed by First Quantum Minerals (TSX: FM; US-OTC: FQVLF) on its 80% owned Kansanshi copper operations, 10 km north of Solwezi, Zambia, sent analysts scrambling to lower target share prices for the…
VANCOUVER — It’s been almost a decade since Tim Coughlin, a co-founder of Lydian International, was part of the team that stumbled across the multi-million-ounce Amulsar gold deposit in southern Armenia. Now, as president and CEO of…
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