Commissioning of the sulphide circuit at the Kibali gold mine in the Democratic Republic of Congo is underway, Randgold Resources chief executive Mark Bristow announced here today. Kibali started production from its open pit through its oxide circuit …
The Company has four precious metals mines in the Americas generating strong production, sales and cash flow. Coeur produces from its wholly owned operations: the Palmarejo silver-gold mine in Mexico, the San Bartolomé silver mine in Bolivia, the …
Monday's most followed in Canada including BlackBerry, Augusta, Endeavour Silver, SilverCrest Mines, Eldorado, Veris Gold, MBAC, HSBC, Simba, Falco Pacific Resources, RESAAS. Mon 2:59 pm by ProactiveInvestors. Augusta Resource Corp. (TSE:AZC) …
Shares of metals-mining companies traded higher in afternoon dealings, following broad gains in U.S. equities Monday. The Philadelphia Gold and Silver Index (NPI:XAU) tacked on 0.5%, up around 23% year to date. Barrick Gold Corp. (NYSE:ABX) shares …
And they suggest a half-dozen gold and silver miners poised to do just that. The Gold Report: Gold is up for the year. Do you expect this trend to continue? Benjamin Asuncion: For 2014, we're officially forecasting an average gold price at $1,300/ounce …
… 10 gold miners losing billions – but are they really? Massive impairments suggest the world's top 10 gold miners are in serious trouble, but this is just a financial accounting mechanism and doesn't really adversely affect day to day operations and …
The company's Meadowbank Gold mine, in Canada's northernmost Nunavut region, enjoys low cash production costs, which fell to $637 per ounce in its latest quarter. That's well below the spot price of gold, which sold for $1320 per ounce on Monday, and …
Fortuna Silver Mines Inc. logo Fortuna Silver Mines (NYSE:FSM) was downgraded by analysts at Eurobank EFG from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Stock Ratings Network.com reports.
CALGARY, ALBERTA–(Marketwired – Feb. 24, 2014) – Silver Mountain Mines Inc. (TSX VENTURE:SMM) ("Silver Mountain" or the "Company") is pleased to announce further strong results from continuing modeling of data acquired from the 2013 gravity …
Crater Gold Mining (ASX: CGN) has started drilling to further delineate and generate a Measured Resource at the High Grade Zone of its Crater Mountain Project in Papua New Guinea where gold mining is scheduled to begin later this year. The underground …
Well, someone's feeling a bit bullish these days. Largest U.S.-based silver producer Coeur Mining reported yesterday a significant increase in its silver and gold reserves and set the base price for the precious metal calculations at a level well above …
In short: In our opinion short positions (half): gold, silver, and mining stocks are justified from the risk/reward perspective. Gold, silver and mining stocks didn't do much on Friday, so what we wrote in Friday's alert is generally up-to-date …
Canadian miner Kinross Gold's Paracatu mine, in Brazil's Minas Gerais state, has seen steady improvements in throughput and recoveries since completion of mill expansion and optimization projects. This news article is one of hundreds published daily by …
J.P. Morgan analyst John Bridges pointed out that Pan American Silver Corp., Hecla Mining Co. and Coeur Mining Inc. all boosted reserves in their Q4 results, even as they lowered their price assumptions. He called the reserve increases “striking.”.
On December 17, 2013, Silver Predator announced it agreed to acquire Springer Mining Company and other assets from AMB for an aggregate purchase price of US$5,000,000 and the grant by the Company of a royalty interest in each of its properties held at …
It all started when still-private Atico signed a deal with a Colombian family for the option to buy 90% of the El Roble mine, sitting 145 km outside of Medellin. The copper-gold mine is a modest underground operation running at around 320 tonnes per …
(TSX:EDR)(NYSE:EXK) released today updated NI 43-101 silver and gold reserve and resource estimates for its three producing silver mines in Mexico (the Guanaceví Mine in Durango State and the Bolañitos and El Cubo Mines in Guanajuato State) as well …
“…the action in the gold mining stocks is serving as a useful lead indicator for the price of bullion, with Newcrest Mining, for example, up 30% year to date. The gold mining stocks were certainly a lead indicator for the decline in the gold price …
Feb 24 (Reuters) – Eldorado Gold Corp plans to sell a minority stake in its stalled Eastern Dragon project to Chinese private equity firm CDH Investments, the Canadian miner said on Monday. CDH will acquire 20 percent of the gold mine in the northern …
When you take a look at the gold miners, they have recouped a third of what they lost last year, squeezing the shorts right out of the market. The fact of the matter is that gold and silver miners have actually outperformed the metals is a strong …
A call on Friday by South Africa's mineral resources minister, Susan Shabangu, for more sustainable methods of sealing up old shafts in a bid to stem the tide of illegal gold mining comes hard on the heels of harsh words from Sibanye CEO Neal Froneman …