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Gold News Digest
Tuesday 23 January 2018
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An estimated 40.5 million people were directly engaged in ASM last year, up from 30 million in 2014, 13 million in 1999 and only 6 million in 1993.

Karelian Diamond Resources was granted a four-year exploration claim in the Kaavi region.

The Toronto-based miner wants to buy the Gold Shear property, southwest of Cranbrook, British Columbia.

Mine is on track to produce its target of 700,000 ounces of gold in 2018.

The new unit, under Mongolian leadership, will focus on exploration and local ties.

A collapse at an abandoned gold mine in Uzbekistan has resulted in one death and roughly 20 trapped underground.

Perseus Mining (ASX,TSX:PRU) will soon start pouring gold from its Sissingué gold mine in Côte d’Ivoire, having delivered the first crushed ore to the mill and processing plant earlier this month.

The protected areas plan is harming the mining industry’s ability to create jobs and economic growth for Nova Scotians.

Tahoe Resources (TSX, NYSE:THO) is denying a media report issued on Thursday that its Shahuindo mine in Peru has contaminated local water supplies. 

The Canadian company alleges that the South American country is performing “fraudulent transfers.”

This was the highest level of imports since the data was made available in 1995 and well above the previous record of 302 tonnes set in 2013.

"Demand has actually increased on the physical side, mainly because there has been some pull-back in prices this week," said a GoldSilver Central dealer.

The offering is for senior unsecured guaranteed convertible bonds with maturity of January 2021, expected to carry a coupon of between .5 and 1 pct per annum.

The world’s leading gold-stock ETF is nearing a major upside breakout from key technical levels.

Currently, there's a lot of good news for gold which thrives on the spectre of high government debt leading to more money-printing and inflation.

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