Editorial: Mining Sector Layoffs Pick Up Steam
Quite a few miners across Canada and beyond rang in the new year with layoff notices, as the autumn commodities bust worked its way into the employment scene.
Barrick Gold Corporation
NovaGold Raises US$75M In ‘Gut-Wrenching’ Time
A private New York Citybased company has agreed to take on a 28% interest in cash-strapped NovaGold Resources (NG-T, NG-X) through a US$60-million portion of a US$75-million financing.
Barrick appoints Aaron Regent as CEO
Barrick Gold (ABX-T, ABX-N) founder and chairman, Peter Munk, has appointed former Falconbridge CEO, Aaron Regent, …
NovaGold Shutters Rock Creek Mine
Vancouver — NovaGold Resources (NG-T, NG-x) shares plunged $1.48 to close at 72 after the company announced it was suspending production at its Rock Creek gold mine and that it wouldn’t be able to m…
Apoquindo copper chiefs see near-term production
SITE VISIT Antofagasta, Chile — The word apoquindo means “meeting of the chiefs.” It’s an appropriate name for a company chaired by the former head of the world’s biggest copper…
Fortress looks to Russia’s Far East
Getting to Fortress Minerals’ (FST-V, FTMNF-o) flagship Svetloye property, in Russia’s Far East, isn’t easy. The gold project lies 750 km west of Magadan, a port city on the sea of Okhotsk, where the …
International Royalty grows its business (October 20, 2008)
International Royalty (IRC-T, ROY-x) has snapped up more gold royalties — the latest on the Pinson gold project and trend in Nevada, a joint venture between Barrick Gold (ABX-T, ABX-n) and Atna Resou…
Bravo cheered on by bonanza gold intercept
Vancouver–A whopper hole out of Homestake Ridge, in northern B. C., more than doubled Bravo Venture Group’s (BVG-V, BVGIF-o) share price at the start of October.
International Royalty grows its business (October 09, 2008)
International Royalty Corp. (IRC-T, ROY-X) has snapped up more gold royaltiesthe latest on the Pinson gold project…
Royalty companies trumpet their low-cost model
Managing a royalty company these days is like running a MASH unit, Douglas Silver, chairman and chief executive of International Royalty Corp. (IRC-T, ROY-x) told analysts and investors at the recent …
Buy-side attendance drops at Denver Gold Forum
Attendance was up 10% at this year’s Denver Gold Forum due to a 19.4% surge in sponsor representation, but a 6.5% drop in buy-side participants was a clear sign that the volatile markets and fragile e…
Goldcorp has high hopes for Peasquito
Just two years after acquiring its Peasquito property in Mexico’s state of Zacatecas, Goldcorp (G-T, GG-N) poured …