John Thornton, an ex-investment banker at the center of a wave of consolidation in the gold space, has just put his largest rival on the defensive.
Thornton is executive chairman at Barrick Gold Corp, the world’s second-largest gold producer. On Frida…
Barrick’s Thornton puts Newmont in check in gold takeover game Read More »
ASX- and Aim-listed Crusader Resources announced on Friday that MD Marcus Engelbrecht and chairperson Andrew Vickerman would step down from the board and that former chairperson Stephen Copulos would return as director.
The resignation of Engelbrecht …
Crusader MD and chair step down from board as Copulos returns Read More »
Canada-headquartered Eldorado Gold is well positioned to grow its yearly production to more than half-a-million ounces next year, supported by the restart of mining and heap leaching at Kisladag and continuing the momentum of Lamaque.
The company grew…
Eldorado Gold aims for 500 000 oz next year Read More »
Bill C-69 – the legislation the Canadian government introduced last year to overhaul federal environmental assessments for major projects – threatens to further depress investment in the “already depressed” natural resources sector, research institute …
Bill C-69 threatens natural resources investments, institute warns Read More »
The Canadian mining sector continued to face challenges in the final quarter of 2018, as a Chinese economic slowdown weighed on commodity prices, but advisory firm EY says there is reason to be optimistic for 2019. The EY Canadian Mining Eye index, whi…
EY says Canadian miners can be more optimistic about 2019 Read More »
The number of proxy contests in Canada reached a four-year high in 2018, jumping to 13, including ten board-related contests, seven of which were in the mining or oil and gas sectors, according to international law firm Fasken.
The seven mining-relate…
Canadian mining companies under siege in proxy contests – law firm Read More »
US gold miner Newmont Mining on Thursday reported stronger fourth-quarter results, aided by lower costs and production growth, which managed to offset lower metal prices.
The company, which will soon merge with Canadian miner Goldcorp to become the w…
Newmont posts Q4 adjusted profit Read More »
Canadian gold miner Iamgold has posted an increase in adjusted net earnings of $29.8-million, or $0.06 a share, up $0.5-million from 2017, the company reported after the market closed on Wednesday.
Revenue increased by $16.1-million in the year to $1….
Iamgold adjusted FY earnings rise Read More »
The contentious Pebble project inched forward on Wednesday, as the US Army Corp of Engineers posted a draft environmental impact statement (DEIS) for the Alaska gold/copper project, sending developer Northern Dynasty’s TSX-listed stock up nearly 20%.
…
Northern Dynasty shares up as Pebble inches forward Read More »
TSX-listed eCobalt Solutions has announced cost control measures to preserve its treasury, until the cobalt market recovers sufficiently to raise the necessary funding required for the advanced-stage Idaho cobalt project (ICP) in the US.
The company w…
Idaho cobalt project development stalled by weak near-term price outlook Read More »
