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Barrick Gold Founder Say “No Bug” on Gold Prices


Peter Munk, founder and chairman of the world’s biggest gold miner, says even now he is no “gold bug”. In a career spanning 60 years, the 82-year-old entrepreneur amassed fortunes in hi-fi consoles and a south Pacific hotel chain before turning to gold mining.

UraMin brings success to Canadian financier


As a Canadian mining financier now based in London, Stephen Dattels has helped create plenty of mining plays over the years. A few have fizzled, while others have paid off handsomely. Yet none of his previous ventures have come close to matching the sudden success achieved by UraMin Inc.
Launched less than two years ago, UraMin, [...]

Canada’s Barrick Gold Corp already on track to deliver the company 600,000 ounces this year


Barrick, the higher minor of the gold of the world, indicated its seam of Porgera for – hundred – had by 95 in Guinea New Guinea-News, already on the way to provide the company 600.000 ounces this year, held the promise of more than gold to come in years to come.
“We expect it to be [...]

Barrick takes the rare loss on the blow to unroll the hedge


Two anti-mining protesters were arrested yesterday outside Barrick Gold Corp.’s annual meeting at the Metro Toronto Convention Centre just as the company celebrated a long-awaited milestone with the elimination of its controversial hedge book.
A woman in her late 20s who was handing out pamphlets about the negative impacts of global gold mining and a Toronto [...]

Pro-Pebble group aims to counter mine foes


A group of influential Alaskans has formed a nonprofit group to counter what they called misinformation being disseminated in television and newspaper advertisements by groups opposing Pebble, a possible mine on the Alaska Peninsula southwest of Anchorage.
The move is sure to ramp up the public relations war between those opposing and those supporting the mine.

African Gold Group Begins 10,000 Metre Diamond Drill Program at Kobada, Mali.


Michael Nikiforuk, President and CEO of African Gold Group, Inc., (”AGG” or “the Company”) (TSX VENTURE: AGG) is pleased to announce the company has begun its 10,000-metre Phase II diamond drill program at its Kobada concession in Mali, West Africa.
The diamond drill campaign will take place in the Kobada concession’s Kangaba region, which hosts a [...]