Gold sector to see a rise in mining acquisitions
Goldcorp, one of the top producers of the precious metal, expects mergers and acquisitions in the sector to increase in the coming months.
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Tahoe reports civil unrest from outsiders at its Guatemala’s Escobal silver mine
Vancouver-based Tahoe Resources Inc. said Wednesday construction activities on the power line for the Escobal silver project in Guatemala were disrupted by a mob intent on forcing the company to end construction.
Canada’s B2Gold to lead $1.1 billion merger with CGA Mining
Latin American-focused Canadian miner B2Gold said Wednesday it will buy CGA Mining for $1.1 billion to gain access to the Masbate mine, the largest operating gold project in the Philippines.
Chile and Peru join forces to bring back foreign mining investment
They don’t often see eye-to-eye, but representatives of the Chilean and Peruvian governments have agreed to work together to attract declining investment to their copper mining sectors, and also increase their respective production.
Rival tin miners in Bolivia fight with dynamite
Violent clashes between vying factions of miners from Bolivia's second largest tin mine have left one person dead and nine injured.
New Yorkers taken in by tungsten-filled gold bars
Fake gold bars filled with tungsten have duped purchasers of the precious metal in New York.
Alpha Natural closes eight coal mines, retrenches 1200 workers
Alpha Natural Resources has announced the closure of eight coal mines in Virginia and Pennsylvania as well as the reduction of its workforce by 1,200 heads.
Silver ponzi scheme fleeces investors of $65 million
A silver ponzi scheme run out of South Carolina fleeced precious metals investors of USD$65 million over a three year period.
China displays continued appetite for Australian minerals with Western Desert bid
China's Meijin Energy Group has launched a USD$457 million bid for Australia's Western Desert Resources (ASX:WDR).