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Barrick Gold Corp to reduce debt with US$298 million from Zijin Mining partnershipBarrick Gold Corp has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining GroupTSX slides, led by drop in mining, goldThe 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 dayGold mines are bleeding cash, but wave of closures unlikelyPrices 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 struggleAvocet Mining cuts full year gold production forecast 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 procBarrick Gold Corp to reduce debt with US$298 million from Zijin Mining partnershipBarrick Gold Corp has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining GroupEldorado Gold wins appeal of Greek mining banGreece’s top administrative court has annulled the government’s decision last year to revoke Eldorado Gold’s mining licence, according to court documents published on WednesdayGreece suspended, but Eldorado Gold upgraded anyway"We believe that the risk/reward has now shifted in Eldorado's favour"PDAC 2016 Integra hands out $500,000 to ‘Gold Rush’ contest winners in giant mining bashThe contest began last year, after Integra acquired a project in Quebec that came with six terabytes of mining records dating back to 1933 The company put all the data online and invited the public to find goldWill coal or solar power fuel Indias drive to bring electricity to its villages?Narendra Modi says 400 million Indians without electricity will be connected, but plans for new coal mines are controversialThe village of Geer in Madhya Pradesh is about to undergo the simplest of revolutions After 25 years of being told.Eldorado to suspend all mining activities in northern GreeceEldorado Gold Corp confirmed it will halt all mining and development activity in northern Greece next week after the leftist government suspended its technical studi

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

Venezuela ends mining dispute, starts joint ventureCARACAS, Venezuela Venezuela has ended a years long dispute with the Canadian mining company Gold Reserve, and will be embarking on a joint venture with itEndeavour Mining reaches deal to acquire True Gold and new African gold mineVANCOUVER 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 mining costs continue to come downGold miners have managed to cut their costs significantly since prices started to freefall in 2013 And fortunately, it appears that trend is not slowing downGold plunges below US$1,100 as US dollar risesGold prices plunged to a five year low in overnight trading, putting additional pressure on a gold mining sector that is already facing razor thin marginsGold stands out as bright spot in Canadian mining industryAs a result of the weak loonie, Canadian gold producers are benefiting from the growing gap between their costs and salesCentamin brings industrial scale gold production back to EgyptAfter three millenniums, mining company Centamin PLC puts Egypt back on the gold mining map with its Sukari mineGold mining company extends Aberdeenshire search following discoveriesA 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.Canada mining company halts some works, cuts jobs in GreeceATHENS, Greece (AP) — Canadian mining company Eldorado Gold said Tuesday it is suspending work at a site in Greece and laying off 600 workers following prote.Greece halts activity at troubled Eldorado Gold Corp mineGreece has suspended the mining operations of Canada’s Eldorado Gold in northern Greece, saying the company violated contract terms, in a setback to one of the top foreign investment projects in the countryFirst Mining Finance sees more acquisition opportunities after three way dealFirst 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