NuLegacy earns 70% of Iceberg gold deposit in Nevada
NuLegacy Gold (TSXV: NUG; US-OTC: NULGF) is standing at a crossroads, after fulfilling its 70% earn-in on the property in Nevada that hosts its flagship Iceberg gold deposit.
Barrick Gold Corporation
John Baird says pushback needed to support mining
Canada’s former foreign minister John Baird says the mining industry and government “must play offence, not defence,” when it comes to defending their interests and combating anti-mining activism.
Editorial: World’s biggest gold miners reap benefits of renewed discipline
Listening to the CEOs of the world’s largest gold miners at this year’s annual Denver Gold Forum in September, you couldn’t help but notice they all sang off the same songsheet, despite the challenges of their individual…
Premier’s Downie bullish on Hasaga in Red Lake
VANCOUVER — Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is taking a new approach to exploration at its past-producing Hasaga gold property in the prolific Red Lake mining district of northwestern Ontario, and Ewan Downie, president and…
Site visit: Gold Standard makes its mark in Nevada
ELKO, NEVADA — Gold Standard Ventures’ (TSXV: GSV; NYSE-MKT: GSV) Railroad project is at the southern end of Nevada’s famous Carlin trend, but co-founder Luke Norman likes to first take visitors to a lookout at the northern…
Gold miners must lower costs, BMO’s Kaip says
VANCOUVER — It’s been a rough run for gold equities over the past few years, but recent performances by major and intermediate producers seem to hint at an industry that’s getting its balance sheets and cost structures in…
TSX posts marginal dip, Aug. 10-14
The surprise devaluation of China’s currency on Aug. 11 pulled many base metal prices lower on fears that demand from the world’s largest buyer of metals would fall. The price of safe-haven gold, by contrast, rose 1.8% to finish at…
Barrick ‘all but assured’ to meet debt target, Canaccord says
VANCOUVER — Barrick Gold (TSX: ABX; NYSE: ABX) appears on track to achieve a US$3-billion debt reduction target this year after a few key asset sales, a streaming agreement and a commitment to cutting capital spending across the…
US markets slide, July 27-31
Expectations that the Fed would raise interest rates in September — along with economic turmoil in Asia and Europe — weighed on U.S. markets over the trading period.
Premier provides initial guidance for South Arturo
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is nearing producer status at the South Arturo mine in Nevada that it jointly owns with Barrick Gold (TSX: ABX; NYSE: ABX), and Ewan Downie, the junior’s president and CEO, forecasts the mine…
Barrick sells half of Zaldivar to Antofagasta
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…
TSX feels the chill, July 20-24
Canada’s resource-heavy benchmark index took a beating as prices for gold, copper and oil touched significant lows. Weaker-than-expected economic data from China and the Chinese equities rout added fuel to the slide in commodity stocks,…