Gold News

Gold mining, investment and price news

Kyrgyzstan extends Centerra Gold’s Kumtor mine environment permit

Cecilia Jamasmie | July 3, 2015
Kyrgyzstan extends Centerra Gold’s Kumtor mine environment permit

The extension is for the miner's permits for emissions into the atmosphere and waste disposal into the tailings pond.

McEwen Mining may lose NYSE listing

MINING.com Editor | July 2, 2015
mcewn mining nyse delisting

Low share price.

China clamours to set global gold prices

Al Jazeera | July 2, 2015

The world's biggest producer and consumer of the metal sees a golden opportunity to expand its pricing power.

Iran brings 13 tons of gold back home after latest round of nuclear talks

Cecilia Jamasmie | July 2, 2015
Iran brings 13 tons of gold back home after latest round of nuclear talks

The nation has successfully repatriated part of its gold holdings that had been frozen as part a number of sanctions imposed by the U.S. and other global powers over its nuclear program.

Mongolia’s mining sector ready to take off again — Erdene Resource

Cecilia Jamasmie | July 2, 2015
Mongolia’s mining sector ready to take off again — Erdene Resources

The company, which owns a gold project in Mongolia, is optimistic about the country's stance towards foreign mining investment over the coming years.

B.C. government cleared by privacy commissioner on Mount Polley

Business in Vancouver | July 2, 2015
B.C. government cleared by privacy commissioner on Mount Polley

The B.C. government did not fail in its duty to proactively disclose concerns that had been raised over the Mount Polley tailings pond, the province's Information and Privacy Commissioner said Thursday.

Gold above 3-1/2 month low after positive U.S. jobs data

Reuters | July 2, 2015
Gold up more than 1.5% in just minutes

The metal cut some losses on Thursday, rebounding slightly from a 3-1/2 month low after data showed the U.S. labour market to be weaker than expected in June.

World’s best gold forecaster is solidly bearish on bullion

Bloomberg | July 2, 2015
world’s best gold forecaster is solidly bearish on bullion

There will be no relief any time soon from gold’s worst losing streak in almost two decades, according to the most accurate forecaster for precious metals.

Greece is in crisis—why no love for gold?

CNBC | July 1, 2015

There is no reason for gold to get any love now because this is a political crisis, not a currency crisis. The primary reason you buy the "barbarous relic" that is gold is fear of a global currency crisis.

Kyrgyzstan Gov’t told to ensure ‘smooth sailing’ for Centerra Gold’s Kumtor mine

Cecilia Jamasmie | July 1, 2015
Kyrgyzstan Gov’t told to ensure ‘smooth sailing’ for Centerra Gold’s Kumtor mine

Negotiations between the parties, however, are expected to continue over the summer.

When it comes to conflict mining regulation, should one size fit all?

Sonal Sinha | July 1, 2015
American businessmen accused of using fake gold mine to get $1m from investors

Conflict mining remains an important issue, and one we are beginning to see governments step in to address in different ways.

Tommy Humphreys

Junior mining God Brent Cook was on BNN TV: Here’s what he had to say

Tommy Humphreys | July 1, 2015
brent cook bnn

Top picks were Pilot Gold (PLG:TSX), Mirasol Resources (MRZ:TSXV), and Reservoir Minerals (RMC:TSXV)

It's a plane but it lands like a helicopter

Michael Allan McCrae | July 1, 2015
bush pilot lands alaska

Wow.

Frank Holmes - U.S. Global Investors

There’s a huge disparity between how regulators deal with gold and stock market manipulation

regulators from flickr

What's going on.

Over 12,000 children rescued from illegal gold mines in Tanzania

Cecilia Jamasmie | June 30, 2015
Over 12,000 child workers rescued from illegal gold mines in Tanzania

The country bans child labour in mines, but critics say the government has not done enough to stop illegal operations from exploiting minors.

Gold drop to levels not seen since mid-March

MarketWatch | June 30, 2015

Gold futures fell on Tuesday as speculation that Greece and its creditors could strike a last-minute deal positioned prices for their lowest settlement in more than three months.

Decision on Mt Polley mine re-opening ‘imminent’: B.C. mines minister

Cecilia Jamasmie | June 30, 2015
Decision on Mt Polley mine re-opening ‘imminent’: B.C. mines minister

British Columbia's energy minister said the official announcement may come "any time" now.

Avalon banks on new ‘blood metals’ rule for Canada’s tin mine success

Cecilia Jamasmie | June 30, 2015
Avalon banks on new ‘blood metals’ rule for Canada’s tin mine success

The miner is spending $1.3 million in exploration work aimed to reopen a historic tin-indium mine in Nova Scotia.

False gold scam in Canada results in arrest of Chinese national

CBC News | June 30, 2015

Bao Sheng Zhong, a Chinese national living in Richmond, B.C., now faces three counts of fraud for allegedly scamming two Asian women and one Asian man from the Lower Mainland.

New Silvertip Mine in northern B.C. set to start construction

MINING.com Editor | June 29, 2015
british_columbia map shutterstock

About 200 jobs.

Cecilia Jamasmie

Rocket explosion a fresh blow to asteroid mining ambitions

Cecilia Jamasmie | June 29, 2015
Rocket explosion a fresh blow to asteroid mining ambitions

Sunday's fiasco was the third major failure for America's commercial space industry in less than a year.

Eldorado Gold to make payroll despite Greek turmoil

Michael Allan McCrae | June 29, 2015
payroll salary

This month Eldorado dropped 16% to $4.03.

New study shows the economic effects of permitting delays on the U.S. mining industry

info@mineralsmakelife.org | June 29, 2015
bureacracy_red_tape_

Duplicative permitting processes can delay mining projects a decade or longer.

Europeans rush to gold coins as Bank of Greece stops sales

Bloomberg | June 29, 2015

European investors are increasing purchases of gold as Greece’s turmoil boosts the appeal for an alternative to the euro.

South Africa’s gold workers 'unimpressed' with 13% pay rise offer

Cecilia Jamasmie | June 29, 2015
South Africa’s gold workers unimpressed with 13% pay rise offer

Gold producers offered above-inflation wages, which make up 55% of their mining costs in the country.

Greece and short positions

GoldMoney | June 29, 2015

As I wrote last week, in the run-up to the half-year precious metals’ prices face a conflict between window-dressing for the lowest possible valuation, and the systemic risk that is Greece.

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