Share this articleVANCOUVER - Denver-based Newmont Mining Corp. and Goldcorp Inc. of Vancouver have agreed to combine their gold companies in a deal worth about US$10 billion.The companies announced today that Newmont will exchange 0.328 of a share and two cents for each of Goldcorp's outstanding common shares.The deal has the unanimous support of the directors of both companies but requires regu...Read More
GGX Gold (GGX; US-OTC; GGXXF) continues to cut near surface high-grade gold mineralization at its 56-sq.-km Gold Drop property near Greenwood in southern British Columbia.The results come from a November 2018, 11-hole drill program where GGX tested the southwestern region of Gold Drop's COD vein system.Highlights from the latest assays include 129.1 grams gold and 1,154.9 grams silver over 7.2 met...Read More
Newmont Mining just agreed to merge with Goldcorp in a $10 billion deal that creates the world's premier gold company by output.This deal follows the mega-deal in September which saw Barrick Gold merging with Randgold."This combination will create the world's leading gold business with the best assets, people, prospects and value-creation opportunities," said Gary Goldberg, Newmont's chief executi...Read More
The tides have turned, dear investor.The great wave of optimism that drove global markets over the past few years has all but receded. Now, pessimism and fear have begun to flow in. And that changes everything, particularly for safe haven assets like gold.Most of the time, gold is a good place to park extra money. That's because prices are generally stable over the long term.Back in 2011, gold pr...Read More
Video posted January 2019 showing our exciting progress as we advance the Pastos Grandes lithium brine project, bringing ...Read More
"Barrick Gold's Profitability Likely To Improve Through 2020 Due To Synergies From Randgold Merger https://t.co/zyUwAFOemW"Read full newsRead More
Newmont Mining Corp, the world's No. 2 gold producer, is cutting 120 jobs a...Read full newsRead More
"Weekly Big News Round-Up. What happened in the Resource sector in the past week? Find out here: https://t.co/UaqIBeYiVA #resource #mining #exploration #investing #INN"Read full newsRead More
"Investors, if you haven't already, take 5 minutes to get to know the story about NorthBud Farms (NBUD-CSE) $NBUD @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #Potstocks #hemp #CBD #smallcap #cannabis #THC Read the Corporate Presentation here: https://t.co/nIjG4KetWK"Read full newsRead More
Tesla Gigafactory 1, which produce battery packs and battery cells in partnership with Panasonic, is quickly becoming the automaker's most important asset as it has now already produced over ...Read full newsRead More
Gold miners are expected to remain committed to cutting costs and capping expenditures in 2019, a new report by Fitch Solutions reveals.According to the document, despite the fact that prices are predicted to average $1,300/oz and that most major miners' cash costs of production should remain comfortably below $900/tonne, the largest firms in the world are likely to remain committed to spending cu...Read More
A coal mine roof collapse in northwest China's Shaanxi province killed 21 miners on Saturday, the state-run People's Daily reported on Sunday.The accident is the deadliest reported so far this year in China's coal industry, known for its poor safety record.It occurred at Baiji Mining Co Ltd's Lijiagou mine in the city of Shenmu at around 4:30 p.m. (0830 GMT) on Saturday, when 87 people were underg...Read More
Peruvian company Buenaventura (NYSE: BVN; Lima Stock Exchange: BUE.LM) has been dealing in the past week with a worker strike at its silver-zinc-lead Uchucchacua mine, located in the central Oy??n province.In a statement, management said the action was sparked by the company's decision to dismiss certain contracted employees, as they completed the work their companies were hired to do. But on Janu...Read More
A team of researchers just published a paper in Science Advances where they reveal that lapis lazuli residues found in the mouth of a woman buried at a 12th-century German monastery suggest that she created richly illustrated religious texts.Prior to this discovery, it was thought that mainly men were allowed to write such manuscripts, whose graphics were drawn using luxurious paints, including go...Read More
Canada's Torex Gold Resources (TSX:TXG) issued a media report stating that, in 2018, it produced 354,000 ounces of gold at its El Lim??n Guajes Complex, or ELG, located in southwest Mexico. From January to September, the company produced 246,309 ounces of gold in dor?(C), with 11,322 additional ounces gold in carbon fines. The company also reported selling 348,000 ounces of the yellow metal.Accord...Read More
Newmont said in its third-quarter results announcement in October that it was taking a write-down due to a change to the mine plan of the Emigrant open-pit mineRead full newsRead More
TORONTO, Jan. 10, 2019 /PRNewswire/ - Superior Gold Inc. (Read full newsRead More
"Alamos Gold Reports Additional High-Grade Intercepts at Island Gold Including Best Surface Directional Intersection to Date within Western Extension https://t.co/dWxmqQFg9f"Read full newsRead More
Precious metals were up for the week as investors reacted to a halt in interest rate hikes for 2019 and concerns surroundingRead full newsRead More
"In its 2019 gold outlook, the World Gold Council shares three trends it believes will impact prices for the yellow metal this year. https://t.co/cVJcFnEmun @GOLDCOUNCIL #preciousmetals #gold #investing #INN"Read full newsRead More