April 25, 2011

Barrick announces agreement to acquire Equinox

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or "the Company") announced today that it has entered into a support agreement with Equinox Minerals Limited (TSX:EQN)(ASX:EQN)("Equinox") for Barrick to acquire, through an all-cash…

April 25, 2011

Continuously take gold and silver profits to reduce risk

At US$1,500 an ounce for gold and US$43 for silver, you may be tempted to sell them short, which can leave you painfully squeezed if prices continue to rise, or…

April 23, 2011

Quarterly gold production up 41% – Iamgold

Mid-tier gold miner Iamgold's quarterly gold production rose 41 percent on strong performance at its largest assets, the Rosebel mine in Suriname and Essakane mine in Burkina Faso. Toronto-based Iamgold,…

April 23, 2011

Landslide crashes into Philippine mining village; 15 buried miners saved

Rescuers and heavy equipment are picking through the debris in hopes of finding more survivors after a landslide thundered down a mountainside in the Philippines on Good Friday. The avalanche…

April 22, 2011

The Sundance Kid ‘Stings’ Alaska’s Pebble gold mining mega-project

Academy-award winning director, actor and environmental activist, Robert Redford, Thursday became the latest face of those opposed to the development of the massive Pebble copper-gold mining project near Bristol Bay…

April 21, 2011

Newstrike intersects 230.95 meters of 7.51 g/t Au at Ana Paula Project, Mexico

Newstrike Capital Inc. (TSX-V:NES) is pleased to announce additional drill results from the company's 100%-owned Ana Paula Project, Guerrero Gold Belt (GGB), Mexico. The reported drill holes represent a cross…

April 21, 2011

Harmony CEO says Wafi-Golpu gold mine development cost could reach $4 billion

The cost of developing the huge Wafi-Golpu gold-copper project in PNG could be as much as $4billion according to Harmony CEO, Graham […]

April 21, 2011

Today we are writing this section from the euro gold price point of view to illustrate what’s happening to gold; the gold price continued to pull back as the euro…

April 21, 2011

Gold and stocks rally but is it time for a little pullback

It has been a very interesting week thus far. Monday kick started traders with a heart pounding equities sell off which sent money into the US Dollar, precious metals and…

April 21, 2011

Costs weigh on African Barrick Gold numbers

African Barrick Gold (ABGL.L: Quote) said its net profit declined in the first quarter as lower production and higher costs offset rising gold prices. Net profit fell 5 percent to…