A crypto tycoon, banking heir and the mysterious fight for gold
For the second time in a year, London-listed miner Petropavlovsk Plc is in the middle of a shareholder coup to throw out the board and revive its fortunes.
Canadian Lumina Copper Corp. (CVE:LCC) fell 8.5% Tuesday after the company hinted its expected sale will have to wait as it plans to carry a study at its Taca Taca massive copper/gold/molybdenum deposit in Argentina.
Only two months after swapping CEOs, Kinross Gold Corporation (TSX: K; NYSE: KGC) has announced its chief financial officer, Paul Barry, is leaving the company “to pursue other interests.”
Venezuela's President Hugo Chavez’s easy re-election has given him another six years as the head of the oil-rich South American country. It has also given mining and oil companies another reason to look for greener pastures.
Canadian Timmins Gold Corp. (TSE:TMM) said Tuesday it produced 25,153 ounces of gold from its San Francisco mine in Sonora, Mexico, in the third quarter. This represents nearly 49% more than a year earlier.
First ore from the massive copper-gold-silver mine is expected to be processed within six weeks of China and Mongolia signing the final power agreement.