Amongst all the junior exploration companies out there, Tan Range Exploration (TNX-V) stands alone in fully embracing the royalty business model to advance its grassroots mineral projects.Based in Van…
Against a backdrop of higher gold prices and lower interest rates, the global gold hedge book saw 5.2 million oz. trimmed from its pages during the three months ended June 30, helping to underpin the …
The Aug. 13-19 report period was a good time to be a metal producer south of the border, with gold, copper and diversified miners all moving ahead.Among the more notable issues in the gold sector was …
Mid-tier producer Randgold Resources (GOLD-Q) has made the proposed merger between Ashanti Goldfields (ASL-N) and AngloGold (AU-N) a whole lot more interesting by making a merger proposal to As…
Mid-tier producer Randgold Resources made headlines during the week ending Aug. 12 by topping AngloGold’s bid for Ashanti Goldfields by about US$100 million. Randgold is offering one of its own…
U.S. markets backed off the summer rally during the reporting period July 30-August 5, with the Dow Jones Industrial Average sliding 168.14 points to close at 9,036.32.It wasn’t a bad five days for th…
Vancouver — Africa’s biggest gold producers felt the impact of a falling U.S. dollar during the second quarter.AngloGold (AU-N) earned US$66 million in the three months ended June 30, or 11% less tha…
The best news of the period for U.S.-based miners was Coeur d’Alene Mines’s signing of a memorandum of understanding with Alaska and U.S. agencies to grant environmental permits for the company’s prom…
Second-quarter earnings at Meridian Gold (MNG-T) were somewhat lower than in 2002, but low costs at the El Penon mine kept the company well in the black. For the three months ended June 30, Meridian e…
Junior Rubicon Minerals (RMX-V) has renewed drilling at the Rivard property in Ontario’s Red Lake camp.The 7,500-ft. program follows a first phase, completed earlier this year, which produced a best r…
Queenstake Resources (QRL-T) has acquired the Jerritt Canyon gold mine in Nevada’s Elko Cty., after wrapping up a previously announced brokered private placement of 105 million subscription receipts f…
Even with gold languishing in the low US$350-per-oz. range, all the U.S.-listed gold majors enjoyed strong gains through the report period ended July 1.Sector-leader Newmont Mining jumped $1.58 to US$…
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