Newmont sheds 10% stake in Batu Hijau
Newmont Mining (NEM-N) and Sumitomo have completed the transfer of 10% of PT Newmont Nusa Tenggara (PTNNT) to …
Gold
UPDATE: Gleichen gets Teck’s Morelos
Vancouver – On the heels of closing a $241 million financing, Gleichen Resources (GRL-V, GLRFF-O) announced …
Gleichen one step closer to netting Teck’s Morelos
Vancouver – Gleichen Resources (GRL-V, GRLFF-O) closed a $241 million financing to buy Teck’s (TCK. B-T, TCK…
Goldcorp makes $238-million bid for Canplats
Vancouver – In just two years, Canplats Resources (CPQ-V) has followed red-stained road fill from a Mexican …
Rubicon to spend $60 million more on Red Lake
As soon as Rubicon Minerals (RMX-T, RBY-X) completes a $25 million phase-one drill program at its 100%-ow…
New Producer Aura Forges Ahead In Mexico, Brazil
VANCOUVER–It has been a busy six months for Aura Minerals (ORA-T, ORAUF-O). Since inking a deal to buy three producing gold mines from Yamana Gold (YRI-T, AUY-N) in June, the company has received the…
Riverside Gets A Grip On SugarLoaf
SITE VISIT QUARTZSITE, ARIZ. — Geologists often trek through some of the Earth’s most isolated and treacherous areas in search of an orebody. But every so often, their job is…
Centerra Boosts Q3 Profits
Despite trouble at both its Boroo mine in Mongolia and its Kumtor mine in Kyrgyzstan, Centerra Gold (CG-T, CAGDF-O) managed to boost profits by 19.5% during the third quarter.
B2Gold Readies Orosi Production, Deals With Limon Strike
Production should start by the end of the month at B2Gold’s (BTO-T) Orosi gold mine in Nicaragua and that means there will be a major increase in gold production for the company next year.
Record Q3 Earnings Lift Iamgold
VANCOUVER — Iamgold’s (IMG-T, IAG-N) shares jumped 24% over four days to reach a new all-time high surrounding news that the gold producer pulled in record earnings of US$64.9 million in the third qu…
Cree Lake ‘A Dream Come True’ For Mantis Mineral
Like the chief executives of many junior exploration companies these days, Robin Ross believes there’s a huge disconnect between the amount of gold Mantis Mineral (MYN-C, MNTCF-O) has in the ground an…
Gold Breaches US$1,100 Per Oz
The first week of November was another fascinating one for gold watchers as the yellow metal’s spot price once again shattered new nominal all-time highs and poked its head up above another nice, roun…