MINING.COM

Gold tanks after Fed backs away from QE3

Contract gold dropped almost $40 an ounce in a matter of minutes in lunchtime trade after comments from the US Federal Reserve that seemed to preclude any chance of another round of monetary easing.

Frik Els | April 3, 2012 | 7:20 pm

Barrick Gold’s Porgera mine resumes operations

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.

Cecilia Jamasmie | April 3, 2012 | 2:09 pm

African Barrick Gold hikes Tanzanian Nyanzaga resource

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.

Cecilia Jamasmie | April 3, 2012 | 1:36 pm

Miners have fun on April Fools

There were news reports on April 1 about a Charlize Theron sex tape and WestJet kid-free flights that all turned out—unfortunately—not to be true.

Michael Allan McCrae | April 3, 2012 | 5:32 am

Extorre gets 8% bump after announcing preliminary economic assessment

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.

Michael Allan McCrae | April 3, 2012 | 4:54 am

Mali is quickly turning very ugly: Separatists, Islamists seize Timbuktu

Tuareg rebels aided by Islamists ransacked bars, banned Western-style dress and music and called for the imposition of Sharia law.

Frik Els | April 2, 2012 | 9:29 pm

Abacus Mining looking for buyer, partner for B.C. copper-gold project

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.

Cecilia Jamasmie | April 2, 2012 | 5:59 pm

Argentina to establish first protocol on mining social responsibility

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.

Cecilia Jamasmie | April 2, 2012 | 3:55 pm

A look at gold royalty companies

Gold royalty companies provide upfront capital to developing gold mining producers to help with the expenditures of bringing the mine into production.

Mining Stocks Guide | March 31, 2012 | 7:10 pm

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Saskatchewan company expands in Ontario

Billionaire Lundin chases base-metal buy with $3 billion budget

South Africa’s mining charter to be finalized in three months

Platinum price crashes through $1,000 after German diesel ban

Scotland to have its first commercial gold mine

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