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.
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.
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 …
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…
Vancouver – Unable to agree on terms with underwriters to get the most bang for its buck Eldorado Gold (ELD-T, EGO-…
Nevada-focused Victoria Gold (VIT-V, VITFF-O) has made a friendly offer for StrataGold (SGV-T, SAGDF-O) in pursuit of its advanced Dublin Gulch gold project in the Yukon.
In yet another asset sale to deal with its short-term debt crisis, Teck (YCK.B-T, TCK-N) is unloading its half stak…
The bright, cold winter light of a January morning heightens the sparseness of the snow-swept streets of Geraldton,…
A U. S. judge has ruled against a preliminary injunction that would have halted construction at Barrick Gold’s (ABX-T, ABX-N) Cortez Hills gold project in eastern Nevada, disappointing groups who oppo…
The economic crisis means mining companies will have to get more creative in finding non-traditional routes to financing, investment bankers and consultants warned at a recent MineAfrica seminar on mi…
Barrick Gold’s (ABX-T, ABX-N) North Mara mine in Tanzania has had its share of problems.
A U.S. judge has ruled against a preliminary injunction that would have halted construction at Barrick Gold’s (ABX-…
Despite his relative youth, Barrick Gold’s (ABX-T, ABX-N)new president and CEO, Aaron Regent, has taken some of Canada’s largest companies through difficult times.
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