Early last month Iamgold (IMG-T, IAG-N) declared that it wanted to cut annual spending by $100 million through a combination of cost-cutting initiatives aimed at reducing mine operating costs, exploration expenditures and administrative…
It was a bumpy ride for the resource-heavy TSX during the April 8–12 trading week as the price of gold tumbled.
U.S. equity indexes rose for four days in a row with the Dow Jones Industrial Average and the S&P 500 posting new closing highs on Thursday Apr. 11. Stocks were driven higher by several bright spots in the economy. The Labor Department…
Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as a “low risk and very high return project.”
Gold bugs have been taking a beating of late, and it just seems to be going from bad to worse. The gold price entered official bear territory, falling more than 20% from its peak, crashing through the psychological barrier of US$1,500 per oz….
Earlier this week OceanaGold (OCG-T, OGC-A) declared that the first concentrate from its Didipio open-pit mine in the Philippines was en route to Japan.
VANCOUVER – With its list of gold mines having just climbed from two to three following the takeover of CGA Mining and with a fourth mine under construction, B2Gold (BTO-T) expects to be churning out more than half a million ounces of…
Capstone Mining’s (CS-T) first quarter operating results were a bit of a mixed bag.
It wasn’t just Barrick Gold (ABX-T, ABX-N) and its shareholders that took it on the chin yesterday after news that construction on the Chilean side of the Pascua-Lama project had been suspended in response to environmental and regulatory…
VANCOUVER — Sandspring Resources’ (SSP-V) Toroparu gold project in Guyana is sporting strengthened economics after a prefeasibility study lowered anticipated capital costs and increased gold recoveries, compared to the previous plan.
Investors showed fatigue with complications at Barrick Gold’s (ABX-T, ABX-N) Pascua Lama project.
Geologist Scott McLean and geophysicist Keven Stevens set up privately held HTX Minerals in late 2007 and started raising capital for the start-up exploration company in January 2008.
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