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GOLD

Centerra may earn stake in Pacific Ridge’s Yukon project

0 COMMENTS
TSX-listed Centerra Gold, which currently focuses on Central Asia, may be earning a stake in a gold project in northwest Canada, Pacific Ridge Exploration reported on Thursday. Pacific Ridge said it had entered into an agreement to option an...
19th September 2014
 
 
GOLD

Northern Gold inks milling deal with St Andrew Goldfields

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TSX-V-listed gold development company Northern Gold Mining has signed a nine-month custom milling agreement with St. Andrew Goldfields, which provides for the milling of a minimum of 80 000 t bulk sample from its Garrcon deposit, which forms part...
19th September 2014
 
 
GOLD

Mali to boost funding and policing of artisanal gold mining

0 COMMENTS
Mali plans to boost funding opportunities for its artisanal miners and to improve the policing of a sector that produces about a third of the country's gold exports, officials said on Thursday at the start of a mining reform meeting. Artisanal...
19th September 2014
 
 
GOLD

True Gold receives two more Burkina Faso permits

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The Burkina Faso Council of Ministers has approved the exploitation permits for TSX-V-listed True Gold’s Kao and Nami deposits, which formed part of the Karma gold project. The company pointed out that the Kao and Nami exploitation permits, which...
19th September 2014
 
 
COPPER/GOLD

Striking employees halt Guelb Moghrein operations

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Dual-listed First Quantum Minerals on Thursday temporarily suspended operations at its Guelb Moghrein copper/gold mine, in Mauritania, owing to strike action by some unionised employees. The company indicated that it was seeking a negotiated...
19th September 2014
 
 
GOLD

Excelsior reduces Kalgoorlie North openpit mining costs

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Gold hopeful Excelsior Gold on Friday reported that it could reduce the expected openpit mining costs at its Kalgoorlie North project by between 10% and 20%. The estimate was made after Excelsior received proposals from 28 mining contractors in...
19th September 2014
 
 
GOLD

At least 15 firms seeking to run new London gold benchmark – sources

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At least 15 companies have expressed interest in replacing the century-old London gold benchmark, with a new system seen in place by the end of 2014 as banks effectively call time on the current process, two sources familiar with the matter said....
19th September 2014
 
 
GOLD

OceanaGold confirms unsuccessful Alacer approaches

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Dual-listed gold miner OceanaGold on Friday confirmed that it had made several attempts to gain control of fellow gold miner Alacer Gold. Responding to market speculation, OceanaGold told shareholders that since February this year, the company...
19th September 2014
 
 
 
 
 
 
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