Barkerville Gold CEO admits big mistake
Frank Callaghan admits it: telling investors his company held 10.6 million ounces of contained gold last year was a big mistake.
Barkerville Gold CEO admits big mistake Read More »
Gold miner Newcrest writes off $5.5 billion
Newcrest Mining Ltd (NCM).’s decision to write down the value of its mines by as much as A$6 billion ($5.5 billion) will lead to the biggest one-time charge in gold mining history. It also heralds pain for competitors.
Gold miner Newcrest writes off $5.5 billion Read More »
Chen Lin focuses on self-funded miners
Chen Lin focuses on miners that can be self-funding and do not need to come to the market to issue shares that dilute existing shareholders.
Chen Lin focuses on self-funded miners Read More »
Indonesia allows Freeport to resume
Indonesia’s energy ministry will allow Freeport McMoRan Copper and Gold to resume open-pit operations at the world’s second biggest copper mine.
Indonesia allows Freeport to resume Read More »
Barrick Gold cuts 40 positions in Nevada
A combination of falling gold prices, rising costs at mine sites and dropping share prices forced Barrick Gold Corp. to eliminate about 65 administrative positions in its North American region.
Barrick Gold cuts 40 positions in Nevada Read More »
Gold beats cocaine for Colombian rebels
Colombian armed groups are reaping profits from illegal gold mining that are five times greater than returns from cocaine.
Gold beats cocaine for Colombian rebels Read More »
Misery for junior gold mining investors
Gold prices have been taking a pounding of late with today’s session on the NYSE witnessing a close of $1277.80/oz, with poor man’s gold, silver, closing at $19.82.
Misery for junior gold mining investors Read More »
Get ready for stupid cheap silver prices
It’s a jungle out in the silver markets. Investors are holding on for their lives as the price of metals swings to higher highs and lower lows and junior equities bounce along the bottom.
Get ready for stupid cheap silver prices Read More »
Agnico deals as gold miners sell assets
Agnico Eagle Mines Ltd. (AEM), one of Canada’s oldest gold producers, will consider entering joint ventures for the first time and buying mines already in operation.
Agnico deals as gold miners sell assets Read More »
Three rules for watching insider trading
Ted Dixon of INK Research: “As we go through bouts of selloff in the sector, insider activity within the junior miners tends to pick up.”
Three rules for watching insider trading Read More »