Posts Tagged ‘KGC’

Pershing Gold Hires Dan Moore as Vice President and General Manager to Reopen the Relief Canyon Mine

01.08.2014 · Posted in Gold, Gold Companies

Please follow me on Twitter: @peterepstein2 Pershing Gold Hires Dan Moore as Vice President and General Manager to Reopen the Relief Canyon Mine LAKEWOOD, Colo., Jan. 8, 2014 (GLOBE NEWSWIRE) — Pershing Gold Corporation (OTCQB:PGLC) is pleased to announce that Daniel B. Moore, Nevada Professional Engineer, has joined the Company as Vice President and General ...

Dominican Republic Throws Up Roadblocks For Barrick and Goldcorp

12.23.2013 · Posted in Gold, Gold Companies, Resource Nationalism

By Ezra Fieser- Reuters December 22, 2013 COTUI, Dominican Republic, Dec 22 (Reuters) – Little more than a decade ago, one of the world’s largest known gold deposits sat abandoned in the foothills of the Dominican Republic’s Central Cordillera mountain range. Car-sized boulders leached heavy metals into what locals called the “blood river,” its waters ...

2 More Examples of Resource Nationalism in the Gold Sector, 1 a Shocker…

12.18.2013 · Posted in Gold, Gold Companies, Resource Nationalism

ITEM # 1: Just one month after reclaiming its environmental permit, Goldcorp’s $3.9 billion El Morro gold and copper mine is being challenged once again. Chile’s Supreme Court has preventively frozen the project after accepting an appeal from a local indigenous group, Reuters reports. The court initially halted the project in 2012, telling Goldcorp it ...

Klondex Mines: A “Must Have” in Any Mining Portfolio, Says PI Financial

11.30.2013 · Posted in Gold, Gold Companies

Klondex Mines: A “Must Have” in Any Mining Portfolio, Says PI Financial By Deborah Sterescu November 30 2013 Klondex Mines (TSE:KDX) has a “rare, high grade resource” at its Fire Creek project in Nevada that it is fast tracking to production, according to a recent research report by PI Financial analyst Philip Ker, who started ...

West Africa Is Now The World’s Low Risk Mining Jurisdiction, Says Gold Vet Mark O’Dea

11.20.2013 · Posted in Gold, Gold Companies

West Africa Is Now The World’s Low Risk Mining Jurisdiction, Says Gold Vet Mark O’Dea/strong> November 18, 2013 by Tommy Humphreys and Shannon Nelson CEO.CA.com Track record is everything in junior mining. Mark O’Dea took Fronteer Gold from a $1 million shell in 2001 to a diversified mine developer that sold for $2.3 billion to ...

Barrick Gold Temporarily Suspends All Activity at Pascua-Lama Project

10.31.2013 · Posted in Gold, Gold Companies, Resource Nationalism

Canadian Barrick Gold Corp. said Thursday it is temporarily suspending all construction activity at its controversial $8.5 billion Pascua-Lama project straddling the Chile-Argentina border. Delivering its Q3 results, the debt-laden gold miner said the decision allows the firm to protect capital and cut its spending guidance for 2014 by $1 billion. But the move also ...

Cash Strapped Gold Companies Being Targeted For Acquisition

10.31.2013 · Posted in Gold, Gold Companies

Cash Strapped Gold Companies Being Targeted For Acquisition October 30, 2013 by John Clarke Consolidation within the Gold Mining Industry appears to be accelerating as Junior Explorers are succumbing to shareholder impatience and low valuations and are falling victim to cash-flowing companies who are picking up assets at attractive prices to bank for later development. ...

B2Gold to Acquire West African Volta Resources, Volta stock up 100%

10.29.2013 · Posted in Gold, Gold Companies

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct 28, 2013) – B2Gold Corp. and Volta Resources are pleased to announce that they have signed a binding letter agreement pursuant to which B2Gold has agreed to acquire all of the outstanding common shares of Volta at the agreed exchange ratio of 0.15 B2Gold shares for each Volta share held, ...

Gold Price Plunge in 2013 Sparks Concerns for West African Juniors

10.29.2013 · Posted in Gold, Gold Companies

By Joe Bavier and Matthew Mpoke Bigg — This year’s drop in world gold prices has been deeply sobering for West African countries, from established producer Ghana to promising newcomer Ivory Coast, whose prospects of mineral wealth are being snatched away. As miners’ stock prices plummet and they have to consider suspending or halting new ...

Canadian Miners Should Learn From Gabriel’s Missteps- Globe and Mail

10.19.2013 · Posted in Gold, Gold Companies, Resource Nationalism

[The Globe and Mail, October 18, 2013] After almost two decades of false starts and a running battle with some of the savviest environmental groups on the planet, it’s make-or-break time for Europe’s biggest and most politically sensitive gold project. In early November, the Romanian government will, like a Roman emperor at a gladiator fight, ...