Eldorado exits China with US$900-million in asset sales
VANCOUVER — It took two years, but mid-tier gold miner Eldorado Gold (TSX: ELD; NYSE: EGO) is finally divesting all of its development and production assets in China with the…
Asia
Erdene’s Bayan Khundii gold discovery in Mongolia
VANCOUVER — Erdene Resource Development’s (TSX: ERD; US-OTC: ERDCF) presence in Mongolia dates back to the late 1990s, and it has experienced the good and bad of the oft-volatile country. The…
Anglo American sells assets to China Moly for US$1.5B
One of China’s largest molybdenum and tungsten concentrates producers is buying Anglo American’s (US-OTC: AAUKF; LSE: AAL) phosphate and niobium businesses in Brazil for US$1.5 billion in cash. The sale…
Lead and zinc demand set to rise strongly in 2016, says ILZSG
The following is an edited release by the International Lead and Zinc Study Group (ILZSG), which held its spring meetings in Lisbon, Portugal, on April 27. For lead, the ILZSG…
Shanghai Gold Exchange launches benchmark price
The following is an edited release from the London-headquartered World Gold Council. For more information, please visit www.gold.org. A year and half after it was established in September 2014, the…
Eldorado to sell Jinfeng to China National Gold
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) is the largest foreign gold producer in China, with three of the company’s six producing mines operating in the country. But that…
OceanaGold Macquarie’s top intermediate producer
In the first week of March, Macquarie Securities analyst Michael Gray visited OceanaGold’s (TSX: OGC) Haile gold project in South Carolina, which the company added to its portfolio last year…
RTG completes feasibility on Mabilo in the Philippines
RTG Mining (TSX: RTG; ASX: RTG) has a good track record in the Philippines. The junior is led by the previous management team of CGA Mining, which developed the Masbate…
Eldorado CEO sees more ‘constructive relationship’ in Greece
VANCOUVER — Eldorado Gold (TSX: ELD; NYSE: EGO) has been at loggerheads with the Greek government over permits, and the firm’s sociopolitical troubles in the country were a major contributor to a…
Rio Tinto could be ready for a Turquoise Hill takeover, analysts say
VANCOUVER — It’s not a secret that many in the mining community are pretty bullish on copper’s long-term prospects. There’s some disagreement over the timeline for recovery, but typical analyst…
Analysts see buoyant gold in 2016
Gold prices rallied in mid-March on the back of the U.S.Federal Reserve’s decision to lower interest rate expectations for 2016, with many economists and analysts forecasting the yellow metal would…
PDAC 2016: China remains ‘engine of growth’
Philip Macoun, managing consultant at London-based CRU Consulting, shared an overview on China’s impact on commodity markets, along with his outlook for copper, coal, iron ore and gold, at the…