Kinross Gold Corporation

Facilites at Banro's Twangiza open-pit gold mine near Bukavu in the east of the Democratic Republic of the Congo. Photo by Banro

Banro faces delay during Twangiza ramp-up

Just days after taking the keys from contract mine developer Banlaw Afrique, Canadian miner Banro (BAA-T, BAA-X) has run into delays while comissioning its 100%-owned Twangiza open-pit gold mine, 45 km southwest of Bukavu in the Democractic…


Atacama Pacific has several projects in Chile in addition to its flagship Cerro Maricunga gold property. Photo by Atacama Pacific

Atacama drills deep into Chile

Carl Hansen is a big fan of the Maricunga mineral belt in Chile’s Atacama region, high in the Andes.The president and CEO of Atacama Pacific (ATM-V) is advancing the company’s wholly owned Cerro Maricunga gold project, which is just…


Kinross grapples with Tasiast

Unpopular mergers are behind some tough news for two of Canada’s largest gold miners.On the same day that Barrick Gold’s (ABX-T, ABX-N) top manager was ousted partly for his role in a share-price-depressing takeover,…






Kinross unloads stake in Crixas for US$220 million

VANCOUVER — Canada’s third-largest gold producer Kinross Gold (K-T, KGC-N) has divested its 50% stake in the Crixas gold operation in central Brazil to South African partner AngloGold Ashanti (AU-N, AGG-A) in a cash deal worth…


TSX spirals downward May 14-18

VANCOUVER — The Toronto Stock Exchange continued to gather downward momentum during the May 14-18 trading period as growing uncertainty in the Euro zone and lagging commodity prices drove the index to seven month lows.


Gold bounces back on demand fundamentals

VANCOUVER — The World Gold Council (WGC) released its first quarter 2012 Gold Demand Trends Report heading into the May long weekend, citing increased investment and jewellery demand in China, the rise of exchange-traded funds (ETFs), and…


Nunavut explorers fired up for 2012

Nunavut has been a tough place for gold companies of late, with Newmont Mining (NMC-T, NEM-N) shelving its Hope Bay gold project and Agnico-Eagle Mines (AEM-T, AEM-N) cutting years off its new Meadowbank gold mine in the face of cost overruns.


Kaminak Gold's vice-president of exploration Tim Smith at the Coffee gold project in the Yukon's White Gold district. Photo by Ian Bickis

The Yukon gold rush matures

The Yukon gold exploration season is ramping up for another year, looking a little more restrained for 2012 but still full of potential.


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