How China is Remaking Africa’s Mining Sector
China’s investments in Africa’s mining industry continue to rise sharply. Today we look at the effect this activity is having on the continent, its miners and the global mining business as a...
View ArticleDollar’s Loss is Gold’s Gain
The gold price was off to the races again this week, climbing on healthier stock markets and good news out of the European Central Bank.Continue reading...
View ArticleHecla Trumps Alamos with $796-million Offer for Aurizon
The $4.75-per-share offer announced on Monday bests Alamos Gold's hostile bid for Aurizon, thus creating a company worth $1.6 billion.Continue reading...
View ArticleRepriced Gold Equities Still Rated Buys
A recalibrated valuation model by GMP Securities shows that some gold companies can weather a gold price drop better than others.Continue reading...
View ArticleMore Multibillion-dollar Writedowns Among Gold Majors
The chickens are coming home to roost for some major gold companies that are having to take significant hits on asset valuations.Continue reading...
View ArticleAfrican Barrick Adds to CEO Departures
The largest gold producer in Tanzania joins other struggling gold companies that have changed top management recently.Continue reading...
View ArticleAfrican Barrick Gold Could Close Tanzanian Mine
Frequent robberies and a proliferation of small arms in the Great Lakes region may lead African Barrick Gold (LSE:ABG) to close the Tulawaka Gold Mine, reported AllAfrica.com.Continue reading...
View ArticleBarrick Gold Sells 13.5 Percent of African Barrick Holdings
Mineweb reported that Barrick Gold Corp. (TSX:ABX,NYSE:ABX) has sold 13.5 percent of its holdings in African Barrick Gold plc (LSE:ABG) to institutional investors. Previously, the company had tried to...
View ArticleSix-month High for Gold on Ukraine Tension, Chinese Economy
Shaking off last week's flat performance, gold rose steadily this week, pushed up in large part by the escalating Ukraine situation and concern about China's economy.Continue reading...
View ArticleSarama-Acacia Deal Brings Gold Positivity Back to Burkina Faso
Sarama Resources has entered into an agreement that gives Acacia Mining the right to earn a significant interest in its South Hounde project, located in Burkina Faso.Continue reading...
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