Robert Pease, President and CEO of Terrane Metals Corp. announce that Wardrop Engineering Inc. has been awarded the detailed engineering design and procurement contract for the Mt. Milligan Copper-Gold Project in British Columbia, Canada. Wardrop recently completed a Feasibility Study Report for the construction and operation of a conventional truck-shovel open pit [...]
Goldcorp Inc. and Gold Eagle Mines Ltd. announced today that the acquisition of Gold Eagle by Goldcorp has been completed.
Under the Plan of Arrangement, shareholders of Gold Eagle were entitled to receive at their election and subject to proration either C$13.60 in cash; 0.292 of a common share of Goldcorp and $0.0001 in cash; or [...]
Avion Resources Corp., announced that the Company’s Board of Directors have approved a new mining strategy for the Segala and Tabakoto gold projects, located in Mali, West Africa. The Company will focus on the Segala project during the first phase of the new mining strategy. Avion Resources plans to commence mining operations at Segala, which [...]
Cypress Development Corp. and Skyharbour Resources Ltd. provide an update from the field regarding their ongoing drill program on their Cypress (80%) Skyharbour (20%) owned Broulan Reef property in Red Lake, Northwestern Ontario. The Broulan Reef property is situated along the prolific Red Lake trend, west of Goldcorp Inc.’s operating Red Lake and Campbell Mines, [...]
Terrane Metals Corp. announce the results of its special shareholders’ meeting held on August 8, 2008.
At the Meeting Terrane shareholders approved the resolutions placed before them by Company management (the “Transaction Resolution”) to approve the transactions more fully described in the Company’s news release dated July 9, 2008 (the “Transactions”) granting an option to [...]
Shares of gold-mining companies gained Tuesday after an analyst said the precious metal appeared set for benefit from tight supply and growing demand.
Goldman Sachs analyst Oscar Cabrera said in a client note that “policy-driven investment constraints and geopolitical concerns impeding the free flow of capital across the commodity complex together with strong demand from (Brazil, [...]
Shares of gold mining companies rose Thursday as the broader stock market gained and the price of the precious metal increased.
Gold for June delivery rose $10.90 to settle at $882.10 an ounce on the New York Mercantile Exchange.
Here is how some gold miners are trading:
Goldcorp Inc. rose $2.51, or 6.7 percent, to $39.89.
Gold Fields Ltd. [...]
Paramount Gold and Silver Corp. is pleased to announce that it has signed a Letter of Intent to enter into a strategic alliance with Mexoro Minerals Ltd. The strategic alliance contemplates both companies combining their mining and exploration expertise including resources such as management, personnel, exploration equipment and mining concessions to maximize shareholder value [...]
GOLDCORP INC. is pleased to declare its fourth monthly dividend payment for 2008 of $0.015 per share. Shareholders of record at the close of business on Thursday, April 17, 2008 will be entitled to receive payment of this dividend on Friday, April 25, 2008. Goldcorp has paid a monthly dividend to its shareholders since 2003.
Canadian [...]
GOLDCORP INC. announced that it has received all permits required for full mine and mill construction and operation of its Penasquito project in Zacatecas, Mexico. Penasquito mine is projected to be the largest mine in Mexico when full production is achieved. Current reserves represent seventeen years of gold, silver and zinc production.
The approvals granted include [...]
