The company announced today that it plans to exit Papua New Guinea following receipt of a formal notice that the licence renewal for its non-core Kili Teke property was denied.
It has been an interesting week on the economic stimulus front with what looks like a co-ordinated effort by the major powers to ignite their respective economies.
Visual Capitalist has put together an infographic explaining why the silver state of Nevada seems now to be the home of the largest gold rush ever experienced in US history.
Pan American Silver is warning its shareholders that if the reform of mining law in Argentina's Chubut Province is approved, the company will have to declare its Navidad Project "uneconomic."
The world's largest gold company, Barrick Gold, suffered a major setback Tuesday as the Argentine National Supreme Court reversed preliminary injunctions on glacier protection law, now back in full force for all mining companies.
Coeur d'Alene Mines (NYSE:CDE) says that the captial markets have deteriorated, and the silver miner won't be proceeding with its previously announced debt offering.
Henk J. Krasenberg, analyst and founder of the European Gold Centre and author and publisher of the GOLDVIEW newsletter, sees no lack of potential among small-cap equities, especially for investors willing to look beyond the U.S. borders.
The draft legislation also introduces a series of new regulations that will greatly increase royalties on, and impose economic participation by the province in all mining projects, including Navidad.