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Kinross Gold's Mauritanian desert storm
The reaction was a sign of “the market's disenchantment with how management has used its capital,” says Douglas Groh, co-manager of a gold fund at New York-based Tocqueville Asset Management LP, which holds Kinross shares. ... Mr. Burt - a finance ...
South African gold town struggles to find a future
The town's planning was overseen by Sir Ernest Oppenheimer, then chairman of Anglo American, the mining company. At their peak ... But the decline in gold will continue unless new technologies are developed that will extend the lives of mines. Welkom's ...
How boxer Mary Spencer went from chasing quarters to chasing gold
In two months, she had her new shoes. They cost $120, or 480 safely returned grocery carts. ... She is a spokesperson for a global cosmetics company that flew her to Los Angeles to film a television commercial. A documentary film crew is following her ...
Miners advised to dig deeper into debt
“We believe the market should reward those gold miners who finance projects with attractive economics using debt because it would enhance their returns and help leverage exposure to gold,” said Jonathan Guy, a mining analyst at RBC Capital Markets in ...
The gold in mining: BC sector thriving, thanks in large part to China
In B.C., the company plans to hire 1,500 people in the next three years and spend $1 billion. “You're putting the money ... Others have been able to reopen mines once considered uneconomic, leading to record investment in the development of new mines.
Haiti Hopes Gold Find Means Boom Times Ahead
a Haitian company that is a partner of Majescor and its affiliate SIMACT Alliance Copper Gold Inc. Haitian engineer Michel Lamarre, who heads SOMINE, signed a 15-year mining agreement in March 2005 that includes research and mineral rights.
Evgeni Malkin scores hat trick to send Russia to gold medal game at worlds
HELSINKI - Russia's Evgeni Malkin scored three goals to lead his team to a 6-2 win Saturday over Finland in the semi-final of the World Championships.
How Pusateri's repaired its reputation
So they hired Dominic Fortuna away from York Region's health protection department to be the grocery retailer's first vice-president of quality assurance and developed something called Pusateri's Gold Standard. Under the new program, the company will ...
Indonesia to impose 20% export duty on metal ores
The new rules do not apply to companies such as Freeport-McMoRan & Gold Inc, Vale Indonesia and Newmont Corp, which hold decades long Contracts of Work (COW) agreements, but the government wants to renegotiate those contracts, the officials said.
Barrick's 'exceptional' performance still fails to impress
Other gold stocks under siege include No. 2 Canadian miner Goldcorp Inc., valued at $37.54 a share these days and off roughly the same amount as Barrick.