Rising prices trigger 2010 gold rush

Rising prices trigger 2010 gold rush Sept 3 (Reuters) – Canada’s Goldcorp Inc (G.TO) agreed to buy Argentina-focused gold miner Andean Resources Ltd (AND.TO) for C$3.6 billion ($3.4 billion), trumping a rival bid from Eldorado Gold Corp (ELD.TO) (EAU.AX) The soaring price of gold XAU= has triggered increased M&A activity in the sector. Gold hit [...]

MDL to complete Sabodala expansion in next 12 months

PERTH (miningweekly.com) – ASX- and TSX-listed Mineral Deposits Limited (MDL) would complete the expansion of its Sabodala gold project, in Senegal, within the next year, the company’s chairperson said on Friday. Speaking at the last day of the Africa Downunder conference in Perth, Nic Limb stated that the Sabodala expansion would see capacity at the [...]

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