Gold News

Gold mining, investment and price news

Silver Wheaton doubles gold stream at Vale mine

Andrew Topf | March 3, 2015
ETF and central bank buyers storm gold market

Silver Wheaton (NYSE:SLW, TSX:SLW) has doubled down on the gold stream it currently has in place at Vale's (NYSE:VALE) Salobo mine in Brazil.

Company snapshot: Guyana Goldfields

Visual Capitalist | March 3, 2015

Guyana Goldfields Inc. is a Canadian based company, focused on the exploration and development of gold deposits in Guyana, South America.

Gold's glitter feeding a growing appetite among investors; Borden area discovery a key to Kapuskasing exploration strategy

MMD Newswire | March 3, 2015

One positive side effect of a struggling Canadian dollar is a relative jump in the price of gold.

Red Chris Mine begins trucking concentrate

Marketwired | March 3, 2015

Commissioning of the flotation circuit with low grade ore commenced on February 15.

Canadian miners the world’s top buyers of assets in 2014

Cecilia Jamasmie | March 2, 2015
Canadian miners the world’s top buyers of assets in 2014

Gold remains the most-targeted commodity by volume, according to EY’s latest report.

American junior finds rare earth deposit on old gold concession

Cecilia Jamasmie | March 2, 2015
American junior finds rare earth deposit on old gold concessions

New World Gold Corp. executives say that since the discovery several companies, including a Chinese group, have approached them with offers.

Greece deals major blow to Eldorado’s Skouries mine

Cecilia Jamasmie | March 2, 2015
Greece deals major blow to Eldorado’s Skouries mine

The company said it has been blocked from completing construction of a processing plant at the site.

Poor market conditions put major chill on global exploration

Cecilia Jamasmie | March 2, 2015
Poor market conditions put chill on global exploration

Global exploration spending dropped 26% in last year, compared with 2013, as several juniors threw in the towel and producing miners slammed the brakes on capital and exploration expenditure.

Thai gold mine, said to have poisoned locals, allowed to reopen

Andrew Topf | March 1, 2015
Dr. Copper learns to kill poisonous norovirus

A gold mine that straddles three provinces in northern Thailand has been given the go-ahead to reopen, following a month-long halt due to health concerns believed to be the result of heavy metal contamination.

Barrick rumored to sell gold mines in Australia, PNG

Andrew Topf | March 1, 2015
papua_new_guinea

Barrick Gold (NYSE:ABX, TSX:ABX), the number one producer of the precious metal, is hoping to raise up to $1.1 billion through the sale of two mines in Australia and Papua New Guinea.

PDAC kicks off

Michael Allan McCrae | February 28, 2015
pdac 2015 begins toronto mining showfloor

Over 25,000 attendees are expected.

Investors applaud Semafo takeover deal

Frik Els | February 27, 2015
Investors applaud Semafo takeover deal

Montreal-based producer picks up flagship project in Burkina Faso after sealing $139 million takeover of Australia's Orbis.

The Daily Gold - Jordan Roy-Byrne

Are gold miners leading gold?

The Daily Gold - Jordan Roy-Byrne | February 27, 2015
Over 200 miners trapped underground in illegal South African mine

The miners will typically lead Gold at major turning points. We say typically because the trend in the relationship is hardly exact or precise.

Ecological gold from Mongolia: Artisanal miners obtain Fairmined Certification

Ecological gold from Mongolia, outdoor setting

They are the only producer of Fairmined Ecological Gold, a special Fairmined label for Fairmined Gold produced without the use of mercury or cyanide.

Gold companies consolidate in Mexico; source exploration drill program aims to join 3 gold zones

Market One Media Group | February 27, 2015

Takeover targets in the Mexican gold space are becoming thin on the ground after Timmins Gold (TSX: TMM) announced that it is acquiring Newstrike Capital (TSX-V: NES) in a transaction valued at $140 million.

Going for Mexican gold

Adam Hamilton - Zeal Intelligence | February 27, 2015
Goldcorp says El Sauzal may not be restarted

Mexico’s massive precious-metals belts are some of the world’s finest.

Apple buying a third of world’s gold to meet demand for iWatch

Cecilia Jamasmie | February 26, 2015
Apple buying a third of world’s gold to meet demand for iWatch

Interest in the high-end model, featuring 18-karat gold casing, is picking up.

Poor provincial grade disputed by BC mining group

Cecilia Jamasmie | February 26, 2015
poor-provincial-ranking-disputed-by-bc-mining-group

The Association for Mineral Exploration British Columbia says the province still top destination for companies and investors.

Mark Bristow have never seen this in 30 years

Kitco | February 26, 2015
CEOca Mark Bristow

"Never have I seen an opportunity like I feel is appearing in the market for M&A before, in 30 years."

Is Goldcorp throwing in the towel in Argentina?

Kitco | February 26, 2015

Goldcorp CEO Chuck Jeannes talks about the company’s Cerro Negro mine in Argentina, which was hit hard by over $2 billion in impairment charges.

China plans Shanghai-HK gold link-up in 2015

Gulf Daily News | February 26, 2015
Gold price snaps losing streak as Chinese buyers return

China is set to launch a link between gold markets in Shanghai and Hong Kong this year following a landmark stock connect scheme, aiming to enhance its pricing power of gold contracts and ultimately challenge its competitors in the West.

UPDATED: The world's top 10 gold producers

Vladimir Basov | February 26, 2015
UPDATED: The world's top 10 gold producers

Number one Barrick Gold's output drops in 2014, but fellow Canadian firm Agnico Eagle adds 30% to production ounces.

European investor Olivier Tielens: In a sideways gold market, explorers offer the most upside

The Gold Report | February 25, 2015
Canadian juniors delisting

It is a wonderful thing for miners to increase production and cut costs, says private investor Olivier Tielens.

Massive drop in mining exploration funding in Western Australia, survey finds

ABC News | February 25, 2015

Mining companies in Western Australia have massively reduced their exploration budgets, a new survey has found.

Greek govt. vows not to touch Eldorado’s mine

Cecilia Jamasmie | February 25, 2015
Greek govt. vows not to touch Eldorado’s mine

But it is going ahead with a thorough review of permits related to a proposed processing plant at the site.

Visual Capitalist

INFOGRAPHIC: Silver series – who controls the world's supply (part 2 of 4)

Visual Capitalist | February 25, 2015
silver_coins shutterstock

Within the Earth’s crust, there is 1 gram of silver for every 12.5 tonnes of earth (27,600 lbs). This makes silver very difficult to find. To understand silver supply, we must first discover how economic silver deposits form.

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