tools used in gold mining

Gold plunges below US$1,100 as US dollar rises

Gold 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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Gold mining company extends Aberdeenshire search following discoveries

A 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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Eldorado to suspend all mining activities in northern Greece

Eldorado Gold Corp confirmed it will halt all mining and development activity in northern Greece next week after the leftist government suspended its technical studi

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Peru Scrambles to Drive Out Illegal Gold Mining and Save Precious Land

La Pampa, an area devastated from illegal mining in the Madre de Dios region of Pe

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Gold stands out as bright spot in Canadian mining industry

As a result of the weak loonie, Canadian gold producers are benefiting from the growing gap between their costs and sales

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Barrick Gold Corp to reduce debt with US$298 million from Zijin Mining partnership

Barrick 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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TSX slides, led by drop in mining, gold

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 day

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Peru Scrambles to Drive Out Illegal Gold Mining and Save Precious Land

La Pampa, an area devastated from illegal mining in the Madre de Dios region of Pe

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Endeavour Mining reaches deal to acquire True Gold and new African gold mine

Deal will see Endeavour acquire a 90-per-cent interest in the Karma mine in Burkina Faso

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Barrick Gold Corp shakes up management structure, drops co-president model

Barrick Gold Corp says with the difficult market conditions in the gold sector, the time was right for the company to "accelerate" the transitions

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First Mining Finance sees more acquisition opportunities after three-way deal

First 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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First Mining Finance sees more acquisition opportunities after three-way deal

First 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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Gold stands out as bright spot in Canadian mining industry

As a result of the weak loonie, Canadian gold producers are benefiting from the growing gap between their costs and sales

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Greece suspended, but Eldorado Gold upgraded anyway

"We believe that the risk/reward has now shifted in Eldorado's favour"

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Acacia Mining seeking gold assets across west Africa

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.

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Barrick to reduce debt with $298 million from partnership with Zijin Mining

Barrick Gold Corp (TSX:ABX) has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining Group Barrick will use the money to reduce its debt

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Photos show the once bustling life of a gold-mining town Bodie in California

Bodie, in northern California, was a busy gold rush town that once boasted a population of 10,000 as well as hotels, a jail, a bowling alley and around 200 restaurants

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Gold mining costs continue to come down

Gold miners have managed to cut their costs significantly since prices started to freefall in 2013 And fortunately, it appears that trend is not slowing down

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Rubicon Minerals Corp shares plunge as miner slashes its gold resources by 88%

The junior miner slashed its gold resources by an astounding 88%, confirming Rubicon will go down as one of the worst Canadian mining meltdowns in years

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TSX slides, led by drop in mining, gold

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 day

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