Russian miner Norilsk Nickel is offering an all-cash offer to acquire all the shares of Asian Mineral Resources at 11 cents per share or $22.3 million.
Global gold production is at an all-time high, according to a new report from the US Geological Survey. In this exclusive interview the Survey's Mineral Commodities Specialist Micheal George pinpoints where the gold is coming from and what trends can be expected in the coming years.
Long time readers know that I have been and remain bullish on gold and gold stocks in the longer-term.
The declines wiped $1,744,800,000 from Batista's personal fortune in one day, which means he fared worse than Mark Zuckerberg who suffered more than $1.5 billion in losses as a result of the post Facebook IPO fiasco.
GoldQuest Mining Corp. (TSX VENTURE:GQC)(FRANKFURT:M1W)(BERLIN:M1W) is pleased to announce results from a 15 hole drill program at its 100-percent-owned Las Tres Palmas project, summarized in this release's Table 1.
Looking at the sell-off in gold, oil, copper and other commodities, strategic investor Dennis Gartman says, it feels like the market is growing irrational.
Spot gold dropped $30 to $1,538/oz during Wednesday morning trading due to worries about Greece exiting the euro.
Results confirm gold mineralization at the Solona target continuing at depths, as suggested by previous drilling
Rio Tinto and Ivanhoe Mines Ltd. (Ivanhoe) have agreed to amend certain terms of the memorandum of agreement announced on 18 April 2012, under which Rio Tinto has agreed to support and provide certain elements of a comprehensive funding package for Ivanhoe
AndeanGold Ltd. is engaged in the acquisition, exploration and potential development of primarily precious metals properties, principally in Peru and Ecuador.
Osisko stock was down another 3.7% today despite the positive news and has now lost 25% of its value since the fire at the Quebec mine was first reported on May 9th.
A report on how a Greek exit from the Eurozone may play out based on synthesized scenarios from 21 economists, analysts and academics.
The copper-uranium-gold-silver project has a 100 year mining life, so a glitch this year was unlikely to sway a company that thinks well ahead, the CEO of the Olympic Dam Taskforce said Tuesday.
Australian Stawell Gold Mines will be closed within two years, despite Canadian company Crocodile Gold spending more than $100 million buying it.
Australian company Crusader Resources Ltd. will invest $400 million in a gold mining project located in the Currais Novos region in Brazil’s north-eastern state of Rio Grande do Norte. The project is expected to be one of the biggest gold mines in the country.
The highly politicised nature of the Pebble Mine and mining development in general in the area makes any statement dangerous.
“People were beginning to believe that gold can stand up against all crises, but the last six months proved that theory wrong.”
Traders said support given to Greece to stay in the Eurozone at the weekend's G8 meeting and a stronger dollar hurt the yellow metal.
No injuries or damage to company assets, but all production activities are halted until power is restored.
Investors have “defriended” gold recently in favor of the dollar, as Greek and French voters rejected austerity measures.
Even though gold prices can experience declines that appear to be unfounded, demand from various categories and parts of the world continue to provide support to prices.
Handeni Gold Inc. is pleased to announce that Dr Reginald Mengi, non-executive Chairman of Handeni Gold was recently honoured by the United Nations with two major awards: the United Nations NGO Lifetime Achievement Award and the 2010 Global Leadership and Humanitarian Award.
Hey, junior gold mining investors: Are you having fun yet? The gold sector, as you no doubt know if you’re a participant, has been absolutely decimated this year.
Gold demand in China may surge as much as 30 percent this year as rising incomes boost consumption, helping the country topple as the world's largest bullion market on an annual basis, according to the World Gold Council.
With its massive production potential, northern Saskatchewan is securing its seat as one of the best locations in the world to mine gold.
Despite ongoing pressure from the United States for China to join its sanctions against Iran due to concerns over the Islamic country’s nuclear program, an Iranian diplomat recently revealed that new energy trades between Iran and China will be settled in China’s official currency the yuan.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.