Operations at Barrick's Porgera open pit gold mine, in Papua New Guinea, resumed this morning after the government decided to send troops to the site last week, under a troop call-out order from 2009 still in effect.
London-listed African Barrick Gold (LON:ABG) reported increasing confidence in its Nyanzaga project, in Tanzania and said that the project has the potential to become its next mine in the country.
Argentinian gold and silver miner, Extorre Gold Mines (TSX:XG), announced a preliminary economic assessment showing their Cerro Moro gold-silver project producing 848,000 ounces of gold and 47.2 million ounces of silver.
Canadian Abacus Mining and Exploration Corp. (TSXV:AME) is looking for potential buyers, partners or other alternatives under a strategic review initiated Monday, shortly after its partner moved to increase its holding in their B.C. joint venture.
The creation of the world’s first national protocol on sustainable and socially responsible mining was discussed at a meeting held in Argentina last week, called by the government of president Cristina Fernandez.
Earlier this week, a fully loaded Brinks truck carrying between $3 million and $5 million in uncirculated loonies and toonies crashed on a snow covered highway in Ontario, Canada.