Newmont Mining Corp said on January 5 it would pay more than $2 billion in taxes over the life of its proposed Conga mine inPeru after violent protests by residents and local politicians in the Cajamarca region -- where the operation is located -- since November. The protestors claim the Colorado gold miner’s activities will taint their water and affect a major aquifer.
Tuesday, January 3, 2012
Centerra Gold sees continued pressure from wage inflation and higher oil prices in 2012. VP of Investor Relations John Pearson said they are trying to cut costs and increase efficiency.
Tuesday, December 27, 2011
Junior mining and exploration companies can offer investors increased exposure to gold price appreciation. Share prices for junior miners can be leveraged to gold price increases, an initial discovery, or the significant achievement of commercial production.
Continue reading "Ten Junior Gold Companies for 2012"
Thursday, November 17, 2011
Chris Ecclestone, Mining Strategist, explained the potential for gold mining companies, “the interesting thing is that Chinese enterprises in the past have roamed the world searching for base metals and products that they can take back to the mother land. In this case a purchase of a gold company in Brazil, it is definitely a mold breaker. It means that potentially all gold stocks within a certain size are fair game.”
Continue reading "Shandong Gold Eyes Jaguar Mining with $785 Million Offer"
Monday, March 28, 2011
Uzbekistan is a land-locked country in Central Asia, once a member of the former Soviet Union. The country hosts impressive mineral reserves, including gold, copper, molybdenum, silver, zinc and uranium. The mineral sector has been the country’s main economic engine.
Continue reading "Gold Mining in the Republic of Uzbekistan"
Monday, February 14, 2011
Thirty-years ago, Madagascar was one of the best geologically studied countries in Africa, but following a period of political instability, exploration was put on the back-burner. Once a significant gold producer, Madagascar is once again focusing on its mining sector. The country is considered one of the best gold exploration targets in Africa.
Continue reading "Gold Mining in Madagascar"
Wednesday, January 5, 2011
Aquila Resources Inc. (TSE:AQA) announces developments relating to its Michigan Gold Project located in the Upper Peninsula of Michigan.
Continue reading "Aquila Completes 20 Drill Holes at Michigan Gold"
Tuesday, December 14, 2010
Estrella Gold Corporation (CVE:EST) commences a core drilling program at the Daylight Zone of the Colpayoc Gold Project and it has identified high grade silver and gold mineralization four kilometers northwest at the Cerro Rico Zone.
Monday, December 13, 2010
Orvana Minerals Corp. (TSX:ORV) announces operating results today for the year ended September 30, 2010.
Continue reading "Orvana Reports Annual Results for Fiscal 2010"
Friday, November 12, 2010
Fronteer Gold Inc. (TSE:FRG,AMEX:FRG) announces financial results for the three and nine months ended September 30, 2010.
Continue reading "Fronteer Gold Reports Third Quarter Financial Results"
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Monday, January 9, 2012