Gold miners earned the ire of investors including billionaire hedge-fund manager John Paulson for entering into bad deals that destroyed shareholder value in the past. Shareholders of the two companies announcing a merger Monday signaled they think this time may be different.Read full newsRead More
LONDON (AP) - Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world's largest gold miner, worth a combined $18 billion.Read full newsRead More
Unidentified assailants on Sunday kidnapped three people working at a gold mine ...Read full newsRead More
The mixed reaction to Monday's gold-mining megamerger of Barrick Gold and Randgold underscores the challenges facing the North American gold sector, where shares have tumbled this year to discounts rarely seen outside significant market downturns.Read full newsRead More
Barrick Gold agreed to buy Randgold Resources for $6 billion in an all-share merger that will solidify Barrick as the world's largest gold company by production, with a dominant position in Africa.Read full newsRead More
"Seven reasons why Big Tobacco is likely to make a move on the marijuana industry #Marijuana #Cannabis #Invest #bigTobacco $CROP $ACB $WEED $OGI $TBP $N https://t.co/jUucdBnk8D"Read full newsRead More
Scottsdale, Arizona (September 25, 2018) - Leading Israeli automated drone startup Airobotics today launched its North American headquarters in Scottsdale, Arizona, where they will run all North America, South America and Central America operations. Airobotics has created the only data-driven, fully automated solution enabling a new dimension of data collection and insights. The company is headq...Read More
Barrick Gold agreed to buy Randgold Resources for $6 billion in an all-share merger that will solidify Barrick as the world's largest gold company by production, with a dominant position in Africa.Read full newsRead More
Over the past months, our team of experienced mine cost estimators, together with InfoMine's developers and designers, have built the latest innovation in mine project evaluation: the Surface Evaluation Application. This cloud-based application combines engineering-based estimating procedures with cost data from Mining Intelligence's Mining Cost Service. The application helps you estimate the scop...Read More
CAPE TOWN, Sept 25 (Reuters) - South African phosphate miner, Kropz, is on track to list on London's AIM Stock Exchange by the end of the year as it prepares for first production from its main asset in 2019, its chief executive said on Tuesday.Kropz wants to raise cash to pay down debt and further develop its Elandsfontein phosphate mine, which is expected to begin production in the second half of...Read More
Mr. Peter Tallman reportsKLONDIKE GOLD LONE STAR ZONE ASSAYS 0.91 G/T AU OVER 17.3 METERS WITHIN AN INTERVAL OF 0.42 G/T AU OVER 118.3 METERS Klondike Gold Corp. has released assay results from another five drill holes at the Lone Star zone as well as additional infill assays from one hole at the Gay Gulch showing, part of a systematic evaluation designed to map the geometry of mineralization acro...Read More
BEIJING, Sept 25 (Reuters) - China Baowu Steel Group said a media report that it is in talks to take over Magang group was not true, state media Shanghai Securities News reported on Tuesday.Top Chinese steelmaker China Baowu Steel Group is in talks to take over rival Magang Group, three sources familiar with the discussions told Reuters earlier, a deal that would help entrench the nation's positio...Read More
BEIJING, Sept 25 (Reuters) - China's top copper smelters have set their floor treatment and refining charges (TC/RCs) for the fourth quarter at $90 per tonne and 9 cents per pound, two sources with direct knowledge of the matter said on Tuesday.The floor charges, the minimum miners pay smelters to process their copper concentrate into refined metal, were agreed at a meeting of the 10-member China...Read More
Mr. Derek WhitereportsASCOT HITS HIGH-GRADE GOLD NEAR SURFACE IN ALL TEN HOLES AT THE NORTH STAR PROSPECTAscot Resources Ltd.'s drilling at the North Star prospect has intercepted high-grade gold mineralization with individual intervals greater than 10 grams per tonne gold in every drill hole that was completed. Additional high-grade intercepts were added in the Big Missouri zone. Ten holes were c...Read More
Diversified miner Anglo American (LON:AAL) has become the latest major miner to set foot in Ecuador by entering into an earn-in joint venture (JV) agreement with Canadian precious and base metals firm Luminex Resources (TSX-V: LR) which spun out of Lumina Gold (TSX-V: LUM) in August.The deal gives Anglo the right to earn a 60% ownership interest in a JV company, which indirectly holds three coppe...Read More
Diversified miner Anglo American (LON:AAL) has become the latest major miner to set foot in Ecuador by entering into an earn-in joint venture (JV) agreement with Canadian precious and base metals firm Luminex Resources (TSX-V: LR) which spun out of Lumina Gold (TSX-V: LUM) in August.The deal gives Anglo the right to earn a 60% ownership interest in a JV company, which indirectly holds three coppe...Read More
"As the debate over the Barrick/Randgold merger continues, have a read about what some $ABX veterans are up to down the road from Goldrush ($) | https://t.co/PtBF8eVgjn #DenverGoldForum #PreciousMetalsSummit #gold"Read full newsRead More
Mr. Jean-Sebastien David reportsARIANNE PHOSPHATE CONCLUDES ON A FORMAL OFFTAKE AGREEMENTArianne Phosphate Inc. has formally executed its first offtake agreement. Under the terms of the agreement, the buyer has entered into a long-term contract to purchase Arianne's high-purity phosphate concentrate which will be shipped to the buyer's processing plant for further processing into downstream phosph...Read More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy"), is pleased to provide the market with a corporate update.Building on a Portfolio of High-Impact Uranium Projects in the Athabasca BasinIsoEnergy was founded by Chairman Leigh Curyer, Chief Executive Officer Craig Parry and the Board of NexGen Energy Ltd (NYSE: NXE; TSX: NXE) in 2016 to advance and build on...Read More
After pulling back below US$1,200 an ounce in late August 2018, gold has bounced back to hover at around that price. This can be attributed to the wide range of geopolitical risks, including Trump's aggressive stance on protectionism and trade, which have the potential to derail global economic growth.While there are indications that gold will remain flat for the foreseeable future, it will surge...Read More