Gold News

Gold mining, investment and price news

LiDAR survey discovers Roman gold mines in Spain

Andrew Topf | November 23, 2014
hercules_roman_mine_fight_gabriel_resources

The existence of 2,000-year-old gold mines was confirmed by an aerial survey done last week above the northwestern province of León, using laser technology.

Continental Gold continues to beat the odds in Colombia

Kitco | November 23, 2014

Toronto-based explorer Continental Gold is stepping closer to developing a commercial-scale underground gold-silver mine in northwestern Colombia , with at least one analyst cheering on the progress.

Barrick Gold co-president joins insider buying spree

Financial Post | November 23, 2014

Two weeks ago, the Financial Post noted that Barrick Gold Corp. executives Kevin Thomson and Ammar Al-Joundi were loading up on shares. They have since been joined by one of the gold miner’s co-presidents.

Greek dilemma: Are new jobs created by gold mine worth the ecological risk?

Yahoo! | November 23, 2014

One of Europe's richest fields of gold and other key metals has reopened, and the prospect of a further expansion is pitting locals worried about farming, fishing, and tourism against those eager for jobs amid severe economic crisis.

Maritime, Rambler ink deal to re-examine Hammerdown mine

Maritime Resources Corp. of Vancouver and Rambler Metals & Mining of Baie Verte, Newfoundland, have agreed to re-examine the former Hammerdown gold mine that lies in Maritime's Green Bay property near Springdale.

There's gold in them thar Welsh valleys

The Telegraph | November 23, 2014

Stellar Resources has made a new discovery at the Clogau St David mine from which the metal for Kate Middleton's wedding ring was extracted,

B.C. gold-copper mine has potential for more environmental damage than Mount Polley breach: Report

Canadian Press | November 23, 2014

The results of a third-party review into the design of a northwestern B.C. gold and copper mine says it has the potential to cause significantly more environmental damage than the recent collapse of the Mount Polley tailings pond.

Gold price retakes $1,200

Frik Els | November 21, 2014
Gold price retakes $1,200

Gold is up 6% since touching a four-year low on two weeks ago.

The Dutch do what the Germans couldn't: Get their gold back

Frik Els | November 21, 2014
The Dutch do what the Germans couldn't: Get their gold back

De Nederlandsche Bank secretly brought 120 tonnes of the European nation's gold reserves held by the Fed in New York back to Amsterdam.

New Mongolia PM brings little fresh to Oyu Tolgoi talks

Frik Els | November 21, 2014
mongolia_genghis_khan_statue_400_333

The appointment of Chimed Saikhanbileg on Friday represented "business as usual" for the government, and could further drive away foreign investment.

Vancouver miner faces civil suit alleging 'slave labour' amid takeover rumours

Business in Vancouver | November 21, 2014
Bisha project Nevsun Resources Eritrea

Nevsun Resources faces rumours of $1 billion acquisition and civil suit on same day.

GLD and gold’s selloff

Adam Hamilton - Zeal Intelligence | November 21, 2014

Gold has suffered a rough couple of months, getting pounded below major support.

Junior gold miners (GDXJ) breaking three month downtrend?

Junior Gold Miners facing shakeout?

CHART: Gold-silver ratio nears bullish breakout

Frik Els | November 20, 2014
CHART: Gold-silver ratio nears bullish breakout

Declining ratio sets up rally for both precious metals.

Goldcorp to open Argentina’s Cerro Negro gold, silver mine in February

Cecilia Jamasmie | November 20, 2014
Goldcorp to open Argentina’s Cerro Negro gold, silver mine in February

The mine is expected to produce 4,000 tons/day of gold and silver concentrate during its 23 years of life.

Gold price crushed to deter support for Swiss initiative: report

Cecilia Jamasmie | November 20, 2014
Gold price crushed to deter support for Swiss initiative: report

British fund manager Ben Davies says that gold prices’ most recent collapse is part of central bank efforts to discourage Swiss voters from supporting the gold initiative to be decided at referendum on November 30.

INFOGRAPHIC: Everything you need to know on the Swiss Gold Referendum

Visual Capitalist | November 20, 2014
ENRC board gets investors backing, shares buybacks blocked

On November 30, the Swiss head to the polls on three separate initiatives, one of which is on backing their reserves with at least 20% gold.

U.S. Senate reveals top banks ‘unfair advantage’ in physical commodities business

Cecilia Jamasmie | November 20, 2014
U.S. Senate reveals top banks ‘unfair advantage’ in physical commodities business

The two-year investigation concluded that Goldman Sachs, Morgan Stanley and JP Morgan have been manipulating commodity prices.

Tax-loss selling 2014: why this time is different

CEO.CA | November 20, 2014

Historically, the trend in the junior resource space has been for stocks that have been appreciably lower on the year to see additional selling from investors for tax planning purposes during November and December.

Gold Fields Q3 drops, CEO says most gold miners ‘under water’

Cecilia Jamasmie | November 20, 2014
Gold Fields Q3 drops, CEO says most gold miners ‘under water’

The miner, structured to "break even" at $1,050 per ounce, warned it would have to re-think the business if bullion prices dip below $1,000 and stayed there for a while.

The ECB's gold buying idea is a non-starter

Frik Els | November 19, 2014
The ECB's gold buying idea is a non-starter

3 reasons why the Fed, Bank of England and Japan never took it seriously.

Report: BC gold-copper mine has potential for more environmental damage than Mount Polley breach

Frik Els | November 19, 2014
mount polley disaster feat

Third-party review of Imperial Metals' Red Chris mine in northern BC.

Nickel close to month-high as Indonesia keeps ore ban

Cecilia Jamasmie | November 19, 2014
Nickel close to month-high as Indonesia keeps ore ban

The country effectively halted all but processed metal shipments in January in an effort to force miners to build smelters.

Gold is tumbling

Michael Allan McCrae | November 19, 2014
gold price drops

A $15 drop.

Peru blows up machines to scare away illegal gold miners

Cecilia Jamasmie | November 19, 2014
Peru blows up machines to scare away illegal gold miners

Just weeks before the country hosts U.N.-sponsored climate talks.

Parent company liability for foreign subsidiary’s actions – alarming new trend?

A recent lawsuit in British Columbia is the latest example of an emerging trend in which plaintiffs are seeking to hold parent companies liable in negligence in relation to the actions of their foreign subsidiaries.

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