Primero Mining buys Brigus Gold for $208 million
The transaction creates a diversified, Americas-based mid-tier gold producer that would generate the equivalent of 250,000 to 270,000 ounces of gold next year.
The transaction creates a diversified, Americas-based mid-tier gold producer that would generate the equivalent of 250,000 to 270,000 ounces of gold next year.
Employment in the mining sector will rise by 7.4% over the next four years, with the oil and gas sector providing the largest number of new jobs
The world's biggest gold miner by market value has more than enough reasons to suffer from “Monday Blues".
Without financing the company said it is uncertain that it will "remain an ongoing concern."
Thornton brings finance background and strong China connections, while James Gowans, former chief of the diamond giant's Canada unit brings mining experience.
Company not sure whether to reschedule an official opening event at this point.
Belo Sun Mining says it will appeal the decision.