Are Cash Costs for Gold Producers Rising or Falling?
Two reports released this week provide conflicting results on the issue, with one saying that capital costs to build mines have stabilized, and the other saying that the average cost to produce an...
View ArticleGold in Brazil: Producers and Explorers
Brazil is not a top-10 gold producer, but its ample reserves have caught the attention of many gold juniors active in the South American economic power.Continue reading...
View ArticleYamana Gold to Spend $450M on Argentinian Mine
Canada-based gold producer Yamana Gold (TSX:YRI,NYSE:AUY) is investing $450 million to bring a gold mine in the Patagonia region of Argentina into production by 2015, Reuters reported.Continue reading...
View ArticleTop 5 TSX Gold Short Positions
Here's a look at the top five TSX gold short positions for January 31; they are based on a list put together by Chris Damas of the BCMI Report.Continue reading...
View ArticleYamana’s 2013 Gold Equivalent Production Totals 1.2 Million Ounces
Yamana Gold Inc. (TSX:YRI,NYSE:AUY) announced on Monday its preliminary operational results for Q4 2013, as well as for the full year. For the entirety of 2013, the company put out about 1.2 million...
View ArticleYamana Gold Records 2013 Net Loss of $446.2 Million
Yamana Gold Inc. (TSX:YRI,NYSE:AUY) announced its financial and operating results for the fourth quarter of 2013, as well as for 2013 as a whole, commenting that for the full year it saw a net loss of...
View ArticleGoldcorp Raises Bid for Osisko Mining to $3.6 Billion
The Vancouver Sun reported that Goldcorp Inc. (TSX:G) has raised its bid for Osisko Mining Corp. (TSX:OSK) to $3.6 billion, or $7.65 per share, up from Goldcorp's initial offer of $2.6 billion in...
View ArticleYamana Gold Announces Strategic Initiatives Relating to Non-core Assets
Yamana Gold Inc. (TSX:YRI,NYSE:AUY) announced the advancement of strategic initiatives relating to its non-core Brazilian assets, including Fazenda Brasileiro, C1 Santa Luz and Pilar and its...
View ArticleYamana Gold to Go Ahead with Cerro Moro Project
Yamana Gold Inc. (TSX:YRI,NYSE:AUY) announced it will go ahead with the construction of its high grade, low cost gold-silver project Cerro Moro in Argentina. The current plan for the project sees the...
View ArticleMining Projects in Argentina Riding On Presidential Election Results
Bloomberg reported that some of the world's biggest miners are ready to spend at least $5 billion in Argentina pending the presidential election results in October that will likely influence mining...
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