Gold Mining Companies in British Columbia: Major Producers
A brief overview of the history of gold mining in British Columbia, Canada and three notable companies operating there.
A brief overview of the history of gold mining in British Columbia, Canada and three notable companies operating there.
Gold prices are down in the short term, but the commodity metal is here to stay, says geologist Joe Mazumdar. In this interview with The Gold Report, the Canaccord Genuity analyst assesses the current situation and compares the performance potential of the majors with the mid caps. He backs up his analysis and predictions with a few solid companies that are positioned to weather the storm.
New Gold Inc. (TSX:NGD, NYSE:NGD) announced a resource increase at its Blackwater Project
Silver Wheaton, the largest precious metals streaming company in the world, has teamed up with Vale for a lucrative gold streaming arrangement with mines in Canada and Brazil.
Mineweb reported that New Gold is forecasting a 12 percent hike in gold output for 2013, mostly because of an increase in production at the New Afton and Cerro San Pedro mines.
Mining Weekly reported that New Gold (TSX:NGD) expects that gold production at its New Afton mine will start in June of this year.
Mineweb reported that New Gold (TSX:NGD) increased its year over year net earnings by 212%.
Mining Weekly reported that New Gold (TSX:NGD) expects 2012 production to be 10% higher than the previous year.
IBTimes reported that New Gold (TSX:NGD) has a six-year plan to double production while it looks at paying a dividend to shareholders next year.
The Omineca Express reported that New Gold (TSE:NGD) plans to open a gold mine at the Blackwater project by 2017.
Get our independent commentary on gold trends and companies delivered to your inbox.