This past year has been a "challenging but exciting time" for Bluestone Resources (TSXV: BSR; US-OTC; BBSRF), says the company's CEO Jack Lundin, as the Canadian junior progressed its Cerro Blanco gold project in southeast Guatemala, about 160 km southeast of Guatemala City.Appointed just over a year ago, Lundin said that initially "it felt like drinking through a fire hose" given the abundance...Read More
Sibanye-Stillwater (NYSE: SBGL) said today that South Africa's top gold miners should merge and create a rival to the world's largest producers, Newmont (TSX: NGT; NYSE: NEM) and Barrick Gold (TSX: ABX; NYSE: GOLD), or risk being acquiCEO Neal Froneman said he believed that combining his company with Gold Fields (NYSE: GFI) and AngloGold Ashanti (NYSE: AU) would be in South Africa's national inter...Read More
The Dow Jones Industrial Average rose 1.82% to 31,496.30 and the S&P 500 gained 0.81% to finish the trading week at 3,841.94. Spot gold dropped US$35.50 per oz. to US$1,700.10.Gold Fields rose 14.4% to US$9.37. The company announced that the National Energy Regulator of South Africa had approved its electricity generation licence, which will allow Gold Fields to build a 40 megawatt solar power pla...Read More