Quadra signs on Chinese partner for Chile copper assets

Vancouver-based Quadra Mining is the latest Canadian company to partner with a Chinese consumer of its products, in this case, utility State Grid Corporation. The companies plan to create a "strategic joint venture" that will develop and operate...

Goldcorp growing, but size isn't everything – CEO

Goldcorp's annual gold production could more than double to 5 million ounces by 2018 at its current growth rate, but the company is cool to expansion beyond that, its chief executive said on Monday. Goldcorp, the world's No. 2 gold producer by...

Canadian miners ramp up PR campaign against controversial bill

'Anti-C-300' pamphlets, buttons and large signs are everywhere at this year's the Prospectors and Developers Association of Canada's (PDAC's) annual convention, as Canadian mining industry groups turn the heat up in efforts to block the...

Rob McEwen sticks with $2 000/oz gold by year-end

Goldcorp founder Rob McEwen is standing by his forecast that the price of gold will reach $2 000/oz by the end of 2010, he said on Monday. While it may still seem a stretch from current levels of around $1 135/oz, it should be noted that McEwen...

Sasol wants to explore for shale gas in the Karoo

Gas-to-liquids (GTL) producer Sasol has applied to explore for shale gas in the Karoo, together with Chesapeake Energy and Statoil ASA. The application is for an onshore right to search for the natural shale-based gas, which has already caused...

AngloGold may split ops, eyes Americas

AngloGold Ashanti, the world's No. 3 gold producer, could split its global business to increase its valuation and boost returns shareholders, its CEO said on Monday. Mark Cutifani also told the Reuters Global Mining and Steel Summit the group...

Australia’s gold output rose in 2009

Australian gold production rose by 13% in the December 2009 quarter, Melbourne-based industry consultants Surbiton Associates said in releasing its latest overview of the Australian gold sector. Gold output rose by 7 t to 62 t, compared with the...

Aurizon could pour first gold from Joanna project mid-2012

Vancouver-based Aurizon Mines still plans to complete a feasibility study on its Joanna project in Quebec by the end of this year, which could set it up to pour the first gold at the mine around mid-2012, CEO David Hall said on Sunday. Aurizon...