Eldorado Gold sees higher costs in Q3
Eldorado Gold (ELD-T, EGO-N) forecasts gold production this year from its operating mines in China, Turkey, Greece and Brazil will reach 660,000 oz., at cash-operating costs of US$465 per oz.
Asia
Centerra’s Atkinson unveils the way forward at Kumtor
VANCOUVER — Despite relatively weak earnings resulting from a seven-week shutdown at its flagship Kumtor gold mine 60 km south of the Chinese border in the Kyrgyz Republic, Canadian producer Centerra Gold (CG-T) found a lot to celebrate…
Uranium One battles weaker sales with lower costs
Uranium One (UUU-T) seems to be reading from the same script as other uranium producers as the company is meeting softer demand with greater operating efficiencies.
Turquoise Hill secures power for Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N) rose more than 11% after announcing it has finalized the much anticipated power purchase agreement (PPA) for its Oyu Tolgoi copper-gold mine in Mongolia’s South Gobi desert.
India to the rescue?
China’s rising appetite for diamonds is often the focus of attention for diamond-watchers, but there’s another Asian giant that plays a pivotal role in the market. Like China, India has…
Eldorado battles Q3 costs in China
Eldorado Gold (ELD-T, EGO-N) forecasts gold production this year from its operating mines in China, Turkey, Greece and Brazil will reach 660,000 ounces at cash operating costs of US$465 per oz.
Beaufield proves Chinese firms still interested in iron ore
The connection between slower growth in China and slumping commodity prices has been highlighted in the financial press over the last few months — but there are contrary signs to be found by astute investors.
Editorial: Think globally, exploit locally
Canadians are widely known as some of the best miners in the world, and the Chinese as some of the worst. Just how bad? Since the turn of the millennium, more than 50,000 miners have been killed in China’s coal mines — easily the…
PEA lifts Entre Gold, but Mongolian risk remains
Entrée Gold’s (ETG-T) shares rebounded after outlining encouraging economics at the Ann Manson copper-molybdenum porphyry deposit in Nevada, following a recent slump that the company attributed mostly to “current political…
OceanaGold: What’s the dillio with Didipio?
After the financial crisis derailed the Didipio copper-gold project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…
Update: OceanaGold nears commissioning at Didipio
After the financial crisis derailed the Didipio gold-copper project in 2008 and OceanaGold (OGC-T, OGC-A) was forced to put the Southeast Asian project on care and maintenance, the company says it expects to start commissioning within the next…
B2Gold aims to grow via CGA bid
Gold miner B2Gold (BTO-T) looks to be banking on its proven ability to operate in difficult locales, as it moves forward with a US$1.1-billion, all-stock friendly bid for Australia’s CGA Mining (CGA-T, CGX-A), and its Masbate gold mine in…