Donlin Creek costs hit US$4.5 billion
Vancouver – NovaGold Resources (NG-T, NG-X) has been hit with another massive capital cost increase: an updated f…
Barrick Gold Corporation
Barrick posts first quarter results; Buzwagi project to pour gold shortly
Barrick Gold (ABX-T, ABX-N) is set to pour the first gold at its Buzwagi project in northwestern Tanzania in the se…
NovaGold to decide future of Rock Creek
Vancouver – In its latest quarterly report NovaGold Resources (NG-T, NG-X) lays out plans for 2009 that include mak…
Mining’s Carbon-Taxed Future
While many in the mining industry still have serious doubts about global warming and our species’ part in it, that isn’t stopping any of the top companies from preparing for what is being seen as the …
The future of carbon in the mining industry
While many in the mining industry still have serious doubts about climate change and man’s part in it, it isn’t s…
Tanzanian Royalty and Songshan Mining sign option agreement
In a deal that brings together two of his interests — Africa and the emerging economies of Asia, and in particular…
Kinross Takes Writedown, Boosts Gold Production
Score it another writedown for the big boys.
Premier Leads Geraldton’s Hardrock Revival
SITE VISIT GERALDTON, ONT. — The bright, cold winter light of a January morning intensifies the stark look of the snow-swept streets of Geraldton, Ont. Built on the back of…
Swift Downturn Whipsaws Demand For Earth-Moving Equipment
It was less than a year ago that warp-speed growth in the mining and construction industries was causing industry- wide shortages of everything from ore-hauling trucks to tires.
Barrick Preserves Strong Balance Sheet
The economic crisis may be pushing many companies to the wall, but Barrick Gold (ABX-T, ABX-N) ended the year with a cash balance of US$1.4 billion, an undrawn US$1.5-billion credit facility, and the …
Barrick Buys Out Teck At Hemlo
In yet another asset sale to deal with its short-term debt crisis, Teck (TCK. B-T, TCK-N) is unloading its half stake in the Hemlo gold assets in northwestern Ontario on its joint-venture partner, Bar…
Eldorado drops $275M share offering
Vancouver – Unable to agree on terms with underwriters to get the most bang for its buck Eldorado Gold (ELD-T, EGO-…