Minera Andes and US Gold shareholders green-light combination

US Gold and Minera Andes shareholders on Thursday voted in favour of the gold and silver producers merging to form McEwen Mining, with the new company set to start trading on the NYSE and TSX by the end of January. The deal is a major step in the...

US Gold hires COO

Toronto-based US Gold has appointed William Faust as COO from August 1, the company said on Wednesday. Faust worked most recently as COO at Crystallex International, and has also worked for Nevada Pacific Gold, Pan American Silver and Eldorado Gold.

McEwen wants $5bn market cap by 2015

Goldcorp founder Rob McEwen has announced plans to merge two junior companies he runs into a new Americas-focused miner, and wants the merged entity, to be named McEwen Mining, to qualify for the S&P 500 index by 2015. McEwen is the CEO,...

McEwen still forecasting $5 000/oz gold

The gold price, hovering at record levels, could reach $5 000/oz by 2014, former Goldcorp CEO Robert McEwen said on Monday. Central banks having to print money to fund large deficits was the main driver behind this, he said.

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...