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Peru Scrambles to Drive Out Illegal Gold Mining and Save Precious LandSan Gold seeks court protection during restructuring

La Pampa an area devastated from illegal mining in the Madre de Dios region of PeWINNIPEG based mining company San Gold has asked for court protection from its creditors while it tries to restructure operationsEarlier this week the gold mining concern filed a notice of intention to make a proposal to its creditors a move

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Gold mines are bleeding cash but wave of closures unlikelyBarrick Gold Corp to reduce debt with US$298 million from Zijin Mining partnership

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 struggleBarrick 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 mining company extends Aberdeenshire search following discoveriesThere s gold in them there highlands Experts aim to extract £50m in Scottish gold this year

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 A MINING firm has been given the go ahead to trial an ore processing plant at Loch Lomond this summer

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VIDEO Suppliers count cost of SSI shutdownGold plunges below US$1 100 as US dollar rises

Hundreds of suppliers to the SSI iron and steel plant on Teesside are counting the cost of the shutdown and wonder if they will now be paGold 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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Barrick Gold Corp to reduce debt with US$298 million from Zijin Mining partnershipGold plunges below US$1 100 as US dollar rises

Barrick Gold Corp has received US$298 million cash from selling half of its interest in the Porgera mining operation to Zijin Mining GroupGold 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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First Mining Finance sees more acquisition opportunities after three way dealThere s gold in them there highlands Experts aim to extract £50m in Scottish gold this year

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 A MINING firm has been given the go ahead to trial an ore processing plant at Loch Lomond this summer

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The Latest Court rules against gold mining techniqueGM to halt production at Oshawa plant for two weeks

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 Auto maker says production at its Flex plant will be suspended due to impact on parts suppliers arising from earthquake in Japan

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Eldorado to suspend all mining activities in northern GreeceGM to halt production at Oshawa plant for two weeks

Eldorado Gold Corp confirmed it will halt all mining and development activity in northern Greece next week after the leftist government suspended its technical studiAuto maker says production at its Flex plant will be suspended due to impact on parts suppliers arising from earthquake in Japan

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Endeavour Mining reaches deal to acquire True Gold and new African gold mineFirst Mining Finance sees more acquisition opportunities after three way deal

Deal will see Endeavour acquire a 90 per cent interest in the Karma mine in Burkina FasoFirst 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 mineAcacia Mining seeking gold assets across west Africa

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 weeksBy 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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Centamin brings industrial scale gold production back to EgyptGold stands out as bright spot in Canadian mining industry

After three millenniums mining company Centamin PLC puts Egypt back on the gold mining map with its Sukari mineAs a result of the weak loonie Canadian gold producers are benefiting from the growing gap between their costs and sales

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Venezuela ends mining dispute starts joint ventureGreece suspended but Eldorado Gold upgraded anyway

CARACAS Venezuela Venezuela has ended a years long dispute with the Canadian mining company Gold Reserve and will be embarking on a joint venture with it We believe that the risk/reward has now shifted in Eldorado s favour

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Endeavour Mining reaches deal to acquire True Gold and new African gold mineThe Latest Court rules against gold mining technique

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 weeksMiners 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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