gold mining big machines

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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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 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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Gold miner Kinross Gold Corp reports big quarterly loss but offers solid 2016 guidance

Kinross reported a huge fourth quarter loss on Wednesday due to writedowns, but the company beat its production and cost guidance and offered up a solid outlook for 2016

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Gold mines are bleeding cash, but wave of closures unlikely

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 struggle

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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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IBM and Twitter Team Up to Give Business a Gauge Powered by Social Media

The partnership seeks to harness Twitter messages as a way for businesses to make decisions based on real-time trends among the social network's users

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Nautilus steps up deep-sea mining plans

Machines ready to scour Pacific Ocean seabed for copper and gold

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Vending machines now dispense bars of gold, stone-oven baked pizza and CANNABIS

Vending machines around the world now stock more than just soda and crisps There is a pizza dispenser in Germany, a medicinal cannabis unit in Vancouver and a gold bar machine in Florida

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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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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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The Latest: Court rules against gold mining technique

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

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 weeks

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The Latest: Court rules against gold mining technique

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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PDAC 2016: Ecuador turning a corner as Lundin plots big gold mine

When Lundin Gold bought the Ecuador-based Fruta del Norte project in 2014, it raised a lot of eyebrows But as usual, it appears Lundin timed his move perfectly

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A Low-Cost Alternative to Pricy Big Data on the Farm

The transformation of agriculture with information technology would seem like bad news for the little guy The sensor-heavy machines cost more, and the data analysis requires specialized information But there are lower-cost options

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

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 weeks

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PDAC 2016: Ecuador turning a corner as Lundin plots big gold mine

When Lundin Gold bought the Ecuador-based Fruta del Norte project in 2014, it raised a lot of eyebrows But as usual, it appears Lundin timed his move perfectly

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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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