Northern Gold’s great expectations
TIMMINS, ONT. — Greg Gibson is all about the big score, even if he has to take small steps to get there.
Barrick Gold Corporation
The high-stakes world of Papua New Guinea mining
PORT MORESBY, PAPUA NEW GUINEA — Rising out of the sea at the collision of the Pacific and Indo-Australian tectonic plates, Papua New Guinea is the stuff of legend for both its geological potential and punishing working environment.
Goldcorp keeps its shine through tough gold markets
VANCOUVER — Though it was not all good news for Vancouver-based major Goldcorp (G-T, GG-N), the company can rest easy on a strong fourth quarter that beat analysts’ estimates and set production records.
Barrick takes US$3.8B writedown on Lumwana
VANCOUVER — Copper isn’t turning out to be the growth avenue Barrick Gold (ABX-T, ABX-N) hoped it would be.
Northern Gold takes it small to go big
TIMMINS, ONT. — Greg Gibson is all about the big score, even if he has to take small steps to get there.
Market news: Toronto Stock Exchange
The S&P/TSX Composite Index was off 103 points to 12,686.63 for the period, as market activity unfolded in anticipation of a G20 meeting addressing the emerging theme of “currency wars” — where one country after another…
TSX lower as write-downs hurt gold miners
The TSX Composite Index was off 103 points to 12,686.63 for the Feb. 11-15 period as market activity unfolded in anticipation of a G20 meeting set on addressing the emerging theme of currency wars — where one country lowers the value of…
U.S. equities seek direction, Feb. 11-15
The S&P 500 index ended in positive territory for the seventh week in a row with a small gain of 0.12% to 1,519.79. The last time the index enjoyed a seven-week run was between December 2010 and January 2011. The other indexes didn’t…
Barrick takes US$3.8B hit on Lumwana copper mine
VANCOUVER – Copper isn’t turning out to be the growth avenue Barrick Gold (ABX-X) hoped it would be.
Market news: Toronto Stock Exchange
The S&P/TSX Composite Index was up 118 points to 12,801.23 points for the period, improving global investor sentiment. Investor confidence was bolstered by an unexpected drop in the U.S. trade deficit and data out of China that pointed to…
Shaking it up at Klondex
Last June Klondex Mines (KDX-T) replaced its board with a new slate of directors and in September hired Paul Huet as its chief executive, a mine engineer and expert in narrow vein gold mining best known for building and permitting Great Basin…
Gold, copper remain Alaska’s best undeveloped assets
VANCOUVER — Alaska did not see new mines commissioned or built in 2012, but an overview of the state’s year in mining and exploration from Avalon Development president Curt Freeman at Roundup 2013 in Vancouver showed that mining and…