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Canada Stocks Rise for Seventh Day on Gold Companies Profits
Canadian stocks rose for a seventh day, the longest rally in 11 months, as three of the country’s four largest gold producers by market value beat earnings estimates.
Barrick Gold Corp., the world’s biggest producer of the metal, gained 3.3 percent after announcing it will spin off its African operations. Kinross Gold Corp., the country’s third- [...]
Soaring Gold Price Pumps Up Canada Miners’ Profit
Two Canadian gold miners reported a sharp jump in core profits on Wednesday, kicking off what promises to be a strong reporting period by gold miners on the back of the metal’s run to record levels last year.
Agnico-Eagle Mines and Iamgold both more than doubled their profit — excluding items — thanks the run up [...]
China to Invest Billions Dollars in Canadian Mining Company
One of the Asian economic superpower, China secretly increase investment in Canadian mining company. China investments through the purchase of Canadian mining company shares. China Investment Corp. already has a gold mining company shares Canadian Kinross Gold Corp. (K-T17.87-0 .68-3, 67%) and Potash Corp. of Saskatchewan, (POT T109.34-1-.71-1, 54%).
Gold Mining Exploration Company Laguna Resource Signed Requirements To Obtain Cachitos Gold Mine Project
Laguna Resources, exploration and development company gold mine, has signed a requirement to obtain a gold mine project Cachitos. Cachitos gold mine located in the southern sector Maricunga World Class Gold Belt, Northern Chile. Chachitos mine is a center of Laguna Resources mining company. The acquisition of a gold mine project is a program Cachitos [...]
Kinross Gold Reported Third Quarter Earnings And Gold Production Falls
Kinross Gold, mining companies-Driven in Toronto, reported profits obtained from exploration and production of gold fell. Lowering profits for financing the expansion of higher gold mine. Expansion gold mines done because of the increase in gold prices.
Laurentian Goldfield And Kinross Gold Will Invest In Exploration And Seeking Of Source Of New Gold-Mine
Two exploration companies of gold-mine will do cooperation to finance exploration and seeking of source of new gold-mine. Each this mine company will invest C$400,000 and C$100,000.
Laurentian Goldfields Ltd. and Kinross Gold Corporation have entered into a letter of intent to form an alliance to conduct a C$500,000 generative exploration program in the Uchi [...]
Kinross Gold Will Invest $10 Million Exploitations and Exploration Of Gold Mine Alaska In 2009
Exploration company of the biggest gold mine in Alaska, invesment $10 will million for exploration activity and develops gold mine in Alaska, invest focuse in region Fort Knox. Invesment for exploitation of exploration activity of this gold mine will take place during fiscal 2009.
Patriot Gold Corp. Acquisition Mining Exploration at Bruner Mining District
Patriot Gold Corp. today announced the acquisition of additional mining claims at its Bruner Project, located in west-central Nevada 45 miles northwest of the Round Mountain Mine. The company has increased its holdings from 22 claims to 56 claims and now controls the entire Bruner Mining District.
Kirk Land Gold Mining Exploration Review Mine Production and Future
Kirkland Lake Gold is an interesting story. In 2001, Quest Capital, a boutique mining finance company in Vancouver headed by Murray Sinclair and Bryan Bailey, had taken a hit on Brimstone Gold, which had unsuccessfully explored the historic Mayflower mine in Montana under the leadership of David Rovig.
