2011


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.   



TSX slumps over July 11-15 period

The S&P/TSX Composite Index fell 72.16 points to 13,299.54 during the July 11-15 period as worries over U.S. and European debt grew. During the week, the U.S. Federal Reserve said it was not ready to stimulate the economy, while eight…









Gold Fields' Tarkwa gold mine in southwestern Ghana. Photo by Gold Fields

Iamgold completes sale of Tarkwa and Damang stake

Flush with US$667 million in cash from the sale of its 18.9% stake in the Tarkwa and Damang projects in Ghana to Gold Fields (GFI-N), Iamgold (IMG-T, IAG-N) could be on the lookout for other acquisitions in West Africa, Canaccord Wealth…


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