Only three of the world's largest gold producers managed to lift output in 2016 – Barrick loses 600,000 ounces of annual production but slashes costs.
KINROSS Mining News
Second quarter revenues beat estimates and Toronto-based gold miner sticks to record output prediction for 2016.
No impact on output guidance or expansion plans at West African mine as Toronto-based miner gears up for record annual production in 2016.
World's 5th largest gold miner up nearly 8% after saying it's co-operating with SEC and DoJ investigating whistleblower case at giant West Africa mine.
Toronto-based gold miner at this time does not anticipate impact to regional production guidance after freak floods damage its Maricunga mine.
The company has no predictions as to when the strike may end or how production will be impacted.
We often hear that large gold producers are usually not the best explorers. As such, when it comes time to replenish or grow their resource base, they must look to M&A.
Toronto-based firm's revenues and profits come in ahead of expectations amid tough times for gold miners.
The world's number one gold miner led a sell-off on Thursday after announcing a stock sale to pay down debt at a deep discount.
The up to 300,000oz per year Dvoinoye mine, located in Russia's Chukotka region, near the company's Kupol operation started commercial production in October.
“We interpret that lack of capital discipline and stock underperformance has reached a breaking point in the mining sector and we expect further management changes to come.”
Kinross announced today that it has completed the sale of its 50% interest in the Brazilian Crixásgold mine to AngloGold for $220 million.
Canada’s number 3 gold miner by output said about 600 workers had returned after the four-day strike at its Tasiast mine in Mauritania.
What do tigers, fancy coffee drinks and an Egyptian god have in common? According to Eric Coffin, coeditor of the Hard Rock Analyst (HRA) family of publications, they all are individual opportunities in the larger area play he sees opening up in the Yukon.
The traditional model of mining lifecycle is a usefulguide to the way companies evolve over the first years of their existence. The lifecycle is rather cheery and leads onward and upward, but sudden death, backward regressions and falls from grace […]