Mining.com

By Adam Hamilton – Zeal Intelligence The gold miners’ stocks are drifting listlessly in the summer doldrums, largely forgotten by investors and speculators. They are missing a fantastic opportunity to buy low in this barren sentiment wasteland when no one else wants to. The gold stocks remain exceedingly cheap relative to the metal which drives […]

By GlobeNewswire Canada’s Silver Bear Resources Plc (TSX:SBR) said Friday it had produced first silver from its operations at its Mangazeisky silver project in Far East Russia. Following the initial commissioning activities, silver has been produced since April and commissioning has continued through the second quarter. Up to mid-June this year, the Company has mined

By Cecilia Jamasmie Canada’s Centerra Gold (TSX:CG) agreed this week to extend the deadline for completion of all conditions included in a deal it signed in September with the Kyrgyz government, ending long-dragged environmental disputes over the firm’s Kumtor gold mine, the country’s largest. While the Toronto-based miner did not provide much detail about the

By Bloomberg News Flush with cash and armed with a knack for spotting mines producing below their potential, SSR Mining Inc. is on the hunt for more assets. “We want to continue to grow, no question,” John DeCooman, vice president of strategy and business development, said in an interview Wednesday. “We’ll continue to look for

By Cecilia Jamasmie Ghanaian authorities have approved a $185-million partnership between South Africa’s Gold Fields (JSE, NYSE: GFI) and Canada’s Asanko Gold (TSX: AKG) aimed at developing one of the West African country’s newest gold mine. The Ghanaian Minister of Lands and Natural Resources’ approval, said the companies, was the main hurdle they needed to

By Reuters TORONTO, June 21 (Reuters) – M&G Investment Management, the biggest shareholder in Dalradian Resources Inc, said on Thursday it was supportive of a friendly cash takeover offer for Dalradian from private equity group Orion Mine Finance. The C$1.47 per share offer is fair, Jamie Horvat, director of global equities at M&G, told Reuters.

By Reuters CHAPLEAU, Ontario/LONDON, June 21 (Reuters) – Hundreds of feet below thick boreal forest blanketing the Canadian Shield, a squad of near-silent, battery-powered machines are tunneling toward gold in a multimillion-dollar mining experiment to ditch diesel. Goldcorp Inc is building the world’s first new all-electric mine, a high-stakes gambit to replace noisy, fume-belching equipment

By Reuters LONDON, June 21 (Reuters) – Russian miner Petropavlovsk’s largest shareholder, who is calling for an overhaul of the board, has written to fellow shareholders, setting out plans to sell the company’s stake in an iron ore unit and to draw up deal targets in the gold sector. The company holds its annual general

By Cecilia Jamasmie Shares in dual-listed Dalradian Resources (TSX:DNA) (LON:DALR) soared around 52% in London and more than 59% in Toronto on Thursday after the company, which is developing a vast gold deposit in Northern Ireland, said it had agreed to be bought by Orion Mine Finance, in a desal that values the gold explorer

By Cecilia Jamasmie Canadian gold junior Lumina Gold (TSX-V:LUM) has inked a formal five-year earn-in deal with First Quantum Minerals (TSX:FM), which will see the copper miner contributing $1.5 million for moving forward with exploration at Orquideas and Cascas gold/copper concessions in Ecuador. The agreement gives First Quantum the option of investing an additional $37