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Acacia Mining seeking gold assets across west Africa The Latest Court rules against gold mining technique

By Abhiram Nandakumar Jan 16 Reuters Acacia Mining Plc is looking to buy gold mines and exploration projects in Senegal Mali and Ghana to expand in west Miners say preventing use of the devices amounts to an illegal ban on gold mining because mining by hand is labor intensive and makes the enterprise unprofitableMiners say the state s ban on dredges amounts to a ban on gold mining because

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Centamin brings industrial scale gold production back to EgyptFirst Mining Finance sees more acquisition opportunities after three way deal

After three millenniums mining company Centamin PLC puts Egypt back on the gold mining map with its Sukari mineFirst Mining Finance founded by Canadian mining heavyweight Keith Neumeyer unveiled a three way deal in which it will buy Gold Canyon Resources and PC Gold for about $66M in stock

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Endeavour Mining reaches deal to acquire True Gold and new African gold mineGold mining costs continue to come down

VANCOUVER Endeavour Mining Corp TSX EDV has a friendly deal to acquire Vancouver based True Gold Mining Inc and control of a new mine that s preparing to pour its first gold within a matter of weeksGold miners have managed to cut their costs significantly since prices started to freefall in And fortunately it appears that trend is not slowing down

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Barrick Gold Corp to reduce debt with US$298 million from Zijin Mining partnershipEndeavour Mining reaches deal to acquire True Gold and new African gold mine

Barrick Gold Corp has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining GroupVANCOUVER Endeavour Mining Corp TSX EDV has a friendly deal to acquire Vancouver based True Gold Mining Inc and control of a new mine that s preparing to pour its first gold within a matter of weeks

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SMALL CAP MOVERS Kibo Hummingbird and Beowulf lead junior mining firms out of shadow of oil s demise Gold mining company extends Aberdeenshire search following discoveries

With the heavy falls for several key metal prices such as iron and gold out of sight and seemingly out of mind there remains a solid bedrock of support for select small cap minersA company searching for gold in Aberdeenshire has doubled the size of its prospecting area after uncovering rock laden with the precious metal throughout the area GreenOre Gold which is backed by a Turkish goldmining giant has now licensed

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PDAC Giant bifurcation underway in junior mining sectorBarrick Gold Corp to reduce debt with US$298 million from Zijin Mining partnership

After a bear market in which nearly every junior mining stock got decimated the sector is enjoying an honest to goodness recovery in But it s limited to a small groupBarrick Gold Corp has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining Group

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The Latest Court rules against gold mining techniqueAvocet Mining cuts full year gold production forecast

Miners say preventing use of the devices amounts to an illegal ban on gold mining because mining by hand is labor intensive and makes the enterprise unprofitableMiners say the state s ban on dredges amounts to a ban on gold mining because Nov 6 Reuters Avocet Mining Plc cut its full year production forecast for the second time and said third quarter gold output fell 30 percent as it proc

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TSX slides led by drop in mining goldEndeavour Mining reaches deal to acquire True Gold and new African gold mine

The Toronto Stock Exchange closed lower Thursday led by declines in the metals and mining and gold sectors while the Canadian dollar continued its slide hitting its lowest closing price in more than a decade for the second consecutive dayDeal will see Endeavour acquire a 90 per cent interest in the Karma mine in Burkina Faso

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Gold stands out as bright spot in Canadian mining industryGold hedging slips in Q3 but still healthy for year

As a result of the weak loonie Canadian gold producers are benefiting from the growing gap between their costs and salesFor a long time hedging was a very bad word in the gold mining business But as prices plummeted back to earth hedging has enjoyed a small scale revival

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Peru Scrambles to Drive Out Illegal Gold Mining and Save Precious LandHigh gold prices causing increased deforestation in South America study finds

La Pampa an area devastated from illegal mining in the Madre de Dios region of PeRising gold prices have made it profitable to extract lowgrade deposits lying beneath protected Amazon and other South American forests says study of mining impactsA surge in the price of gold has led to increased deforestation of the Amazon and

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Gold mines are bleeding cash but wave of closures unlikelyGold plunges below US$1 100 as US dollar rises

Prices are sinking mines are bleeding cash and management teams are frantically trying to decide what to do next as the gold mining industry continues to struggleGold prices plunged to a five year low in overnight trading putting additional pressure on a gold mining sector that is already facing razor thin margins

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