Rio Tinto CEO, Mongolian PM talk Oyu Tolgoi’s future
Rio Tinto (ASX, LON, NYSE: RIO) CEO Jakob Stausholm met this week with Mongolia’s Prime Minister Luvsannamsrain Oyun-Erdene in the hope of ironing out issues threatening the future of the…
Gold
The View from England: Party time is upon us
The U.S.A. is celebrating this week but Scotland will follow soon after, and there are few nations on Earth that know how to party like the Scottish, especially when there…
SolGold delays prefeasibility study for Cascabel again
SolGold (TSX: SOLG; LSE: SOLG) announced it will delay the release of the prefeasibility study for its flagship Cascabel copper-gold project in Ecuador. The mining company said the delay will…
Ghana backs Chifeng Jilong Gold Mining’s acquisition of Wassa mine
China’s Chifeng Jilong Gold Mining has received Ghana’s approval to proceed with the acquisition of Golden Star Resources (TSX: GSC), which owns 90% of the Wassa gold mine in the country’s southwest,…
Hochschild shares tank after Peru nixes key mine extensions
London-based Hochschild Mining (LSE: HOC; US-OTC: HCHDF) says it will fight “illegal” efforts by Peru to close and block extensions of its Pallancata and Inmaculada mines on environmental grounds. The…
Talisker cuts 81 grams gold per tonne in Bralorne-Pioneer Gap zone in BC
Talisker Resources (TSX: TSK; US-OTC: TSKFF) has reported drill results that include 81.09 grams gold per tonne over 1.3 metres from the 77 vein in the Gap zone, situated between…
JV Article: Great Panther Mining aims to add more ounces at Tucano in Brazil
Canadian miner Great Panther Mining (TSX: GPR; NYSE: GPL) is a gold and silver producer with a diversified portfolio of assets in the Americas. The Vancouver-headquartered company owns properties in Brazil, Mexico,…
London-based Tembo Capital raises US$380 million for third mining fund
In October, U.K.-based Tembo Capital, a leading investment advisor in the metals and mining sector, closed its third mining fund with commitments of US$380 million. The fund will focus on…
GMS: Between fund managers and miners, much value left on the floor, says Barrick’s Mark Bristow
The global gold mining industry is generally caught between a rock and a hard place when it comes to the disconnect between fund managers and the business of producing sustainable…
GMS: Arizona Sonoran’s George Ogilvie on copper and the Cactus project
When Arizona Sonoran Copper Company (TSX: ASCU) puts its brownfields Cactus project into production, the mine will produce about 56 million lb. of copper cathode a year over an 18…
GMS: Candace MacGibbon on INV Metals sale to Dundee; M&A and carbon credits
In July, Dundee Precious Metals (TSX: DPM), which held a 23.5% stake in Ecuador-focused INV Metals, acquired the remaining shares in the junior exploration company that it did not already…
Thor reports initial resource estimate for Douta project
Thor Explorations (TSXV: THX; LSE: THX) has released an inferred resource estimate for its Makosa deposit in the southern portion of the Douta gold project in Senegal. Makosa contains 15.3…