Barrick stung by higher costs
Higher costs are pushing capital expenditure estimates higher for Barrick Gold’s (ABX-T, ABX-N) major growth projects at Pueblo Viejo, Pascua-Lama and Cerro Casale, the company reports.
Barrick Gold Corporation
Majescor doubles on pre-earthquake Haitian drill results
Ottawa-based Majescor Resources (MJX-V) has released high-grade gold assays, including 10.5 metres of 77 grams gold per tonne, from drilling completed in December 2009 at its Somine gold-copper project in northeast Haiti.
Market shrugs for NovaGold’s Galore Creek PFS
NovaGold Resources (NG-T, NG-X) has released a new prefeasibility study (PFS) for its 50%-owned Galore Creek copper-gold project in northern B.C. nearly six years after completing it the first time around.
Major gold miners on an uptick
As fresh sovereign debt crises unfold and fears mount over a possible second recession, investors continue to look to gold as a leading safe-haven investment.
Barrick buys 9% of Carpathian Gold for $20M
Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N), after the miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.
Market shrugs for NovaGold’s Galore Creek PFS
Vancouver – NovaGold Resources (NG-T, NG-N) has released a new prefeasibility study for its 50%-owned Galore Creek copper-gold project in Northern British Columbia, nearly six years after completing it the first time round.
Barrick buys 9% stake in Carpathian for $20 million
Carpathian Gold (CPN-T) has received a big credibility boost from Barrick Gold (ABX-T, ABX-N) after the major gold miner agreed to purchase $20-million worth of the junior’s shares for an approximate 9% interest.
Reko Diq inches closer to a licence
A mining licence dispute for the sizable Reko Diq copper-gold project in Pakistan’s southwest Balochistan province potentially nears its end, after much uncertainty.
Peruvian mining stocks plunge after leftist Humala wins presidency
Peruvian-focused mining stocks took a nosedive this June after left-wing populist candidate Ollanta Humala narrowly won Peru’s presidential electoral run-off held on June 5. With 99% of the ballots counted, Humala captured 51.5% of the…
Peruvian mining stocks plunge after leftist Humala wins elections
Peruvian-focused mining stocks nose dived Monday after left-wing populist candidate Ollanta Humala appeared to have narrowly won Peru’s presidential electoral run-off held on Sunday, June 5. With 88% of the ballots counted, Humala had 51.3% of…
Andina Minerals goes after the good stuff in Maricunga (June 06, 2011)
Andina Minerals (ADM-V) hopes to supercharge its promising Volcan gold project as it explores a number of high-grade targets around its initial Dorado deposit, situated 120 km east of this mining centre in Chile’s Atacama Desert.
NovaGold CEO chats progress, George Soros
NovaGold Resources (NG-T, NG-N) held its first live broadcast of the company’s annual general meeting of shareholders on May 25, with long-time Chief Executive Officer Rick Van Nieuwenhuyse providing a pleasing roundup of the company’s work…