Sentences with phrase «arca gold miners»

In addition to such operating improvements, another source of value improvement could be consolidation of the junior gold miners via mergers or acquisitions, particularly by senior producers seeking to replenish their reserves.

In recent years, gold miners have done a poor job delivering shareholder value due to the cost overruns and excessive share dilution that accompanied the rush to put production on stream.

But I'll still keep my eye on the gold miners and exchange - traded funds (ETFs) such as the BMO Junior Gold Index ETF.

Pilbara - focused gold miner Millennium Minerals has reported good news in a gloomy industry with a maiden profit of just over $ 34 million for the first half of calendar 2013.

They also bought $ 25 - million (U.S.) worth of call options on the Market Vectors Junior Gold Miners ETF (GDXJ), leveraging their position beyond the two million shares they already held in the ETF.

Schulich is impressed, too, dismissing discoveries by other Canadian gold miners as «one - gram wonders.»

For more than a year, Chuck Jeannes, CEO of Vancouver - based Goldcorp — the world's largest gold miner by market value — has posited his «peak gold supply» theory.

Independence Group is included in 4 lists - Business News 30, Gold Miners, Miners and Public Companies - Resources.

Scott Steinkrug is linked to 2 organisations which are included in 4 lists - Business News 30, Miners, Public Companies - Resources and Gold Miners.

Mr Fotios said the $ 30 million placement would allow the gold miner to progress a number of projects

Lyndall Vaughan is linked to 1 organisation which is included in 2 lists - Gold Miners and Public Companies - Resources.

Copper and gold miner Sandfire Resources has reported a near - 50 per cent fall in half - year profit, but shareholders will still receive an interim payout.

Shares in gold miner Ramelius Resources have risen for the second time in a week after the company announced it had struck a significant amount of high - grade gold at its Blackmans project in the Murchison region.

Gold miner Troy Resources has warned of a big hit to its production guidance for 2016 after facing a number of delays at its Karouni operation in Guyana.

Gold miner Doray Minerals is seeking to double its workforce to support its Deflector project, after announcing it has secured $ 91.7 million in funds to bring the project into production.

Local gold miner Doray Minerals is seeking to expand its exploration portfolio through a $ 10 million joint venture deal with Rox Resources.

Gold miner Northern Star Resources has increased its dividend payout after confirming a 65 per cent jump in full - year profit, on the back of higher gold prices and a reduction in costs.

Two Perth - based gold miners have run into trouble, with Troy Resources striking problems at its mine and Kingsrose Mining falling into voluntary administration.

Regis Resources chairman Mark Clark has sold half of his stake in the Perth - based gold miner, pocketing just under $ 10.5 million.

Copper and gold miner Sandfire Resources has announced record production at its flagship DeGrussa mine near Meekatharra.

Gold miner Troy Resources has flagged a net loss of $ 59.1 million on the back of a $ 61.2 million asset impairment of its Karouni gold project in Guyana.

Local gold miner Red 5 says an earthquake registering 6.1 off the coast of Surigao del Norte was a possible contributing factor to the collapse of a wall into the open pit of its Siana project in the Philippines last week.

April 23 (Reuters)- Barrick Gold Corp, the world's largest gold miner by output, reported a 5 percent rise in first - quarter adjusted profit on Monday, primarily reflecting higher gold prices and lower depreciation.

Local gold miners Resolute Mining, Saracen Mineral Holdings and Ramelius Resources have hit their production targets for FY16 at lower - than - expected costs.

Shares in Perth gold miner Minera Gold rose by over 33 per cent after it announced it had signed an agreement to buy the San Santiago gold and copper processing plant in Peru for $ US5.5 million.

Junior gold miners Dynasty Resources and Orinoco Gold have announced plans to raise a combined $ 2.6 million to fund ongoing work at their respective projects.

The board of gold miner Ramelius Resources has given its approval to begin mining at the company's Vivien project near Leinster, while also announcing a $ 10 million facility secured with the Commonwealth Bank of Australia.

Perth - based gold miner Millennium Minerals has negotiated $ 5 million in additional debt funding from its major shareholder IMC Group but the deal is dependent on Millennium's current bankers agreeing to reschedule debt repayments due at the end of this month.

The board of gold miner Doray Minerals has given the nod to proceed with developing its recently acquired Deflector project in the Murchison region as soon as it has received enough funding.

Three aspiring gold miners have announced an increase in projected free cash flow for their respective projects as a result of the strong gold price, coupled with falling fuel costs.

But the bearishly inclined may want to take small positions in a gold miner or two.

Gold miner Resolute Mining has tapped investors for $ 150 million to fund the restart of operations at its Ravenswood mine in Queensland.

Perth - based gold miner Troy Resources says it expects to record an $ 87 million impairment in its full - year accounts, with the majority of the charge attributed to the sale of its Casposo project in Argentina.

Shares in Perth - based explorer Apollo Consolidated have surged on news it has struck an agreement with gold miner Newcrest Mining for its Seguela project in West Africa.

Perth - based gold miner Minera Gold has raised $ US1.55 million ($ A2 million) from existing shareholders and a new investor, while also announcing a number of board changes that includes the retirement of both its chairman and chief executive.

Two of Western Australia's most successful gold miners are competing to gain control of Tanami Gold's Central Tanami project, indicating the growing investor interest in the gold mining sector.

Gold miner Northern Star Resources has boasted a 5 per cent fall in costs while reporting an increase in sales for the March quarter.

Gold miner Beadell Resources has received commitments for a $ 50 million capital raising to fund exploration to build its mining inventory.

Gold miner Northern Star Resources has posted a steady quarterly result, with the company confident it will hit its 2018 output target of 600,000 ounces per annum.

Local gold miners Saracen Mineral Holdings, Silver Lake Resources and St Barbara reported a profitable six months, however shareholders won't be seeing any returns in the form of dividends.

Gold miners operating in Western Australia performed solidly in the three months to December, with Northern Star Resources, Independence Group and Evolution Mining all posting strong results.

A Canadian gold miner has entered into an agreement to acquire Subiaco - based explorer Gryphon Minerals, in an all - scrip deal worth $ 86 million.

Perth - based gold explorer Gascoyne Resources says the deterioration in market conditions was the reason for backing out of a proposed alliance agreement with Canadian gold miner Monument Mining.

Gold miner Doray Minerals has declared its off - market takeover of Mutiny Gold unconditional, after increasing its stake to 75.3 per cent.

Gold miner Troy Resources has launched a $ 40.7 million capital raising to shore up its balance sheet and fund further development of its Karouni mine in Guyana.

Aspiring gold miner KIN Mining has appointed former Syndicated Metals managing director Andrew Munckton as its new chief executive, after former leader Don Harper quit in February.

Local gold miners continue to prove there is still money to be made in Western Australia's resources playground, with Northern Star Resources, Metals X, Ramelius Resources and Saracen Mineral Holdings all closing higher on the ASX.

Former Gindalbie Metals managing director Tim Netscher is set to take the helm of gold miner St Barbara, when Colin Wise retires from the role as non-executive chairman next month.

Subiaco - based gold miner Perseus Mining has launched an all - scrip bid for London - listed Amara Mining in a deal worth about $ 85 million.

Shares in local gold miner Millennium Minerals closed 13.7 per cent higher today on news it had increased its projected gold production by 11 per cent while lowering costs.