Australia’s largest gold miner Newcrest Mining (ASX: NCM) is reviewing the future of its high cost mines and has revealed that it cut 150 jobs in the wake of the US$300 an ounce plunge in the gold price. ...
Barrick Gold Corporation, battling heavy debt and a slump in gold prices, has put three mines in Western Australia up for sale, a person familiar with the process said on Monday. Reuters reported that the world’s top gold producer has appointed Bank of America’s Merrill Lynch and UBS to advise on the sale of its... [Read More...]
Australia's largest listed gold miner by market value is taking a hard look at its cost structure in the aftermath of a sharp decline in the precious metal's price in recent weeks, with cost-intensive mines and projects facing particular scrutiny.
LAS VEGAS, NV, May 1, 2013 /PRNewswire/ - Orofino Gold Corp. ("Orofino" or the "Company") (ORFG.PK) on behalf of Board of Directors the Company is pleased to announce that the Company, as ...
DGAP-News: Cariboo Gold Mines PLC / Key word(s): Change of Personnel Cariboo Gold Mines PLC starts with a new management in the Mining Season 2013 03.05.2013 / 18:42 --------------------------------------------------------------------- Cariboo …
TORONTO - Wesdome Gold Mines Ltd (TSX:WDO) says an employee of a mining contractor was killed underground at the company's Eagle River Mine in Ontario on Tuesday.
TIÉBÉLÉ, Burkina Faso - On the rocky ground outside the Kollo mining village near the border between Burkina Faso and Ghana, about 100 people are working, 30 or so of them children. They smash boulders into pebbles and pebbles into grit with primitive hammers and sticks. They haul buckets of well water up the hillside and, pouring this water into shallow pans filled with rock and dirt, they ...