Gold News

Gold mining, investment and price news

Gold posts biggest advance in three months

Bloomberg | April 27, 2015
nova scotia mine again producing gold feat

Gold posted its biggest gain since January as bets on the outlook for U.S. interest rates drove increased volatility for the metal. Silver climbed the most this year.

Bob Quartermain: Acquisitions during a market bottom, 'allowed us to go from 78 cents to $48

Sprott Asset Management | April 27, 2015
bottom

Look at the people.

Picking undervalued gold equities is akin to picking Straweberries: Randall Abramson

The Gold Report | April 27, 2015
straberries gold report

Pick one: long gold or short gold?

Expect gold prices to trade sideways: Angel Commodities

Moneycontrol.com | April 27, 2015

According to Angel Commodities, gold prices are expected to trade sideways as stronger dollar in today’s session will exert downside pressure while poor economic data from the US will boost the safe haven appeal of the metal.

INFOGRAPHIC: Silver – the versatile metal powering American innovation

National Mining Association | April 27, 2015

Silver's electrical, thermal, malleable and reflective properties are among the strongest of the known elements, making it the material of choice for many manufacturers.

Life coming back to the global exploration sector

Cecilia Jamasmie | April 27, 2015
Life comes back to the global exploration sector

After five consecutive months of decline, global mining exploration began showing signs of life in March, particularly in the gold sector, a new report shows.

Randgold’s Tongon gold mine on track to meet production target for 2015

Randgold Resources | April 27, 2015
Randgold considers acquisitions amid gold mining industry crunch

The mine's management made significant progress in dealing with the recovery and throughput challenges that had hampered the operation in its early stages.

Could HSBC relocate its head office from London to Vancouver?

Business in Vancouver | April 27, 2015
hsbc moving to vancouver

Vancouver ranked 33rd among the world’s most desirable financial centres.

Gold Update: Did gold just complete a head & shoulders top?

CEO.CA | April 26, 2015

Gold marginally broke below support on Friday, breaking down from a small H&S top pattern

3 gold miners die in Ghana

Andrew Topf | April 26, 2015
Ghana to end copper exports

Three miners died last week in Ghana after inhaling toxic fumes while underground.

China is burning through its natural resources

Vladimir Basov | April 26, 2015
Slowdown. What slowdown? China's copper, iron ore imports set records

China is the globe's top mining country, but its alarming reserves-to-production ratio is forcing domestic miners to hunt for deals in the rest of the world.

‘Perfect’ 100-carat diamond sold for ‘only’ $22 million

Cecilia Jamasmie | April 24, 2015
‘Perfect’ 100-carat diamond sold for ‘only’ $22 million

After just three minutes of bidding, the final price was $22,090,000, including the buyer's premium.

Barrick faces fresh opposition to executive pay plan

Cecilia Jamasmie | April 24, 2015
Barrick facing fresh opposition to executive pay plan

The Canada Pension Plan Investment Board will vote against the gold miner’s executive compensation structure next week.

Newmont Mining earnings are 50 pct higher in Q1

MINING.com Editor | April 23, 2015
newmont q1 gold

Outlook is unchanged.

Barrick changes plan to halt Zambia mine over royalties row

Reuters | April 23, 2015

Barrick Gold Corp. has backtracked on its decision to suspend operations at its Lumwana open pit copper mine in Zambia after the cabinet reduced mining royalties.

Kyrgyz minister stepping down over failure to settle Kumtor mine issues

Cecilia Jamasmie | April 23, 2015
Kyrgyz minister stepping down over failure to settle Kumtor mine issues

Prime Minister Joomart Otorbaev resigned after hours of heated debate in parliament over the government’s performance last year.

One killed at protests against Tia Maria copper project in Peru

Cecilia Jamasmie | April 23, 2015
One killed at protests against Tia Maria copper project in Peru

Farmers, anti-mining activists and local leaders have opposed the project for years, claiming it will pollute key waterways for Arequipa, where the mine will be built.

Chile to fine Barrick over ten new environmental violations

Cecilia Jamasmie | April 23, 2015
Chile to fine Barrick over ten new environmental violations

The country's Superintendence for the Environment (SMA) also said the miner has not properly monitored the impact on nearby glaciers.

What Björn Paffrath is advising to institutional and high net-worth investors

The Gold Report | April 22, 2015
Gold price jumps $1,200

In general, he says investors want well-managed, low-cost producers with moderate headline risk that can run for one or two more years at lower gold prices.

Mick Davis tells investors to stay away from coal, Africa

Cecilia Jamasmie | April 22, 2015
Mick Davis tells investors to stay away from coal, Africa

When asked about how much lower commodities prices will dive this year, Davis said he thought they were close to hitting rock bottom.

China’s secret gold stockpile may be world’s 2nd biggest

Bloomberg | April 22, 2015

The People's Bank of China may have tripled its gold stockpile since April 2009, when it last gave an official number, which Bloomberg Intelligence estimates to be 3,510 metric tons, second to United States 8,133.5 tons of gold.

Morgan Stanley remains bearish on gold for next 2 years

Shanghai Metals Market | April 22, 2015

Greece’s uncertain future in the eurozone, global quantitative easing, loose monetary policies and continued demand out of Asia will all provide much needed support for the gold market, but these factors might not be enough to create another bull market, said Morgan Stanley.

AME BC pleased with federal budget 2015

AMEBC | April 22, 2015
AMEBC pleased with federal budget

“We are very pleased to see the federal government’s commitments to extend the Mineral Exploration Tax Credit through March 2016 and to expand the eligibility of Canadian exploration expenses,” says David McLelland, Chair of AME BC

Central banks to keep buying gold – RBC

Mineweb | April 21, 2015

RBC forecast appetite for gold by central banks, mostly in emerging markets, to hit 275 tonnes this year as compared to 409 tonnes last year.

Over 240 mining and energy projects waiting for investors in Cuba

Cecilia Jamasmie | April 21, 2015
Over 240 mining and energy projects waiting for investors in Cuba

Cuba, the world’s sixth largest nickel producer and one of the top 10 nickel mining countries, also holds significant deposits of other minerals and oil, new U.S. Geological Survey report shows.

Why Kal Kotecha is still sticking with his New Year's resolution

The Gold Report | April 21, 2015

Kal Kotecha, founder and editor of Junior Gold Report, says now is the time to be buying resource stocks, especially gold equities.

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