Gold News

Gold mining, investment and price news

'Failure resides in the design': Mount Polley Review Panel

Michael Allan McCrae | January 30, 2015
mount polley panel recommendations released imperial metals feat

"If the downstream slope had been flattened, failure would have been avoided. "

Roxgold rockets on Burkina permits

Frik Els | January 30, 2015
Roxgold rockets on Burkina permits

Double digit gains for Toronto junior after receiving final approval for its high-grade, low-cost Yaramoko gold project.

Report on Mount Polley tailing dams failure is being live steamed now

Michael Allan McCrae | January 30, 2015
B.C. breaking information act by not disclosing Mount Polley reports: lawyers

Report is releasd.

New Greek govt. ‘absolutely against’ Eldorado Gold mine, shares dive

Cecilia Jamasmie | January 30, 2015
New Greek govt. ‘absolutely against’ Eldorado Gold mine, shares dive

The company's Skouries project is one of the biggest foreign investments in Greece.

New Gold’s Rainy River project gets key environmental nod

Cecilia Jamasmie | January 30, 2015
New Gold’s Rainy River project gets final environmental nod

The Canadian Environmental Assessment Agency and the Ontario Ministry of Environment and Climate Change have separately okayed the project.

BHP axing up to 300 Olympic Dam jobs

Cecilia Jamasmie | January 30, 2015
BHP axing up to 300 Olympic Dam jobs

The decision caps off a dreadful month for South Australia’s mining sector.

Consensus forecast 2015 gold price average: DOWN

Frik Els | January 29, 2015
Consensus forecast 2015 gold price average: down again

Of 35 analysts polled by the London Bullion Market Association Ross Norman of Sharps Pixley is most bullish at $1,321, but 5 others see a dip below $1,000.

Gold price falls out bed

Frik Els | January 29, 2015
Gold price falls out bed

Gold down nearly 3% as eurozone troubles fade from headlines and focus shifts to US fundamentals, rampant dollar and a likely June rise in interest rates.

Here is how metal-eating bacteria may make asteroid mining profitable

Cecilia Jamasmie | January 29, 2015
Here is why metal-eating bacteria may make asteroid mining profitable

The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.

Will India’s gold imports surge on tariff cuts? – Jayant Bhandari

Sprott's Thoughts | January 29, 2015
india gold shutterstock 333

Jayant Bhandari advises funds and institutional investors on investing in India, and has commented on India’s impact on world gold demand for Sprott’s Thoughts.

Michael Fowler says forget the majors, buy the midtiers

The Gold Report | January 29, 2015
Canadian juniors delisting

According to Michael Fowler, senior mining analyst with Loewen, Ondaatje & McCutcheon, the major gold producers have gorged on debt and sold off their seed corn.

Visual Capitalist

Breaking down the US dollar's recent bull run

Visual Capitalist | January 29, 2015
dollar_stack

Over the last year, the US Dollar has had an incredible surge in value of 11%.

MMG to begin pre-extraction at Las Bambas despite copper rout

Cecilia Jamasmie | January 29, 2015
MMG to begin pre-extraction at Las Bambas despite copper rout

The firm expects production at Ferrobamba, one of the four deposits that make up Las Bambas project, to start early next year.

Mining M&A: Private equity can't run away fast enough

Frik Els | January 29, 2015
Mining M&A: Private equity can't run away fast enough

The smart money is waiting for fire sale prices before jumping into metals and mining. Or worse; has simply lost interest in the sector.

Anglo American set for commodity slump-triggered charge

Cecilia Jamasmie | January 28, 2015
Anglo American set for commodity slump-triggered charge

The firm became the first major mining company to openly accept the toll that slumping commodity prices are taking on the global industry.

Travis McPherson - CEO.ca

InZinc looks to take centre stage for zinc’s next run

Travis McPherson - CEO.ca | January 28, 2015

Over the past five years zinc bulls have gone nowhere.

Report on what caused Mount Polley disaster expected this week

Cecilia Jamasmie | January 28, 2015
Report on what caused Mount Polley disaster expected this week

The highly anticipated independent expert panel report will determine the cause of the dam failure and is expected to lead to new safety standards for the entire Canadian mining industry.

Why companies with female board members outperform those without: Amanda van Dyke

The Mining Report | January 28, 2015
CW Women in mining business, boardroom, office - 333

Women aren't necessarily better than men, but men and women on boards together make better decisions that lead to higher returns, according to a new study on the impact of women on the boards of mining companies.

Randgold's Kibali ramp-up on track for 600koz

Frik Els | January 27, 2015
Randgold's Kibali ramp-up on track for 600koz

Randgold Resources' $1.7bn Kibali project in DRC is operating at design after commissioning of metallurgical plant and first of three hydropower plants.

China’s gold imports plummet

Frik Els | January 27, 2015
China’s gold imports plummet

Down nearly a third in 2014 as anti-corruption drive curbs conspicuous consumption and investment money flows into Shanghai stock market.

Freeport-McMoRan slashes capital spending, to divest stake in Indonesian unit

Cecilia Jamasmie | January 27, 2015
Freeport-McMoRan slashes capital spending, to divest stake in Indonesian unit

The U.S. largest miner by market value and revenue has already slashed its capital budget for the year by $2bn and it is ready to make further cuts.

Congo risking billions with planned tax hike, mining code revision

Cecilia Jamasmie | January 27, 2015
Congo risking billions with planned tax hike, mining code revision

The central Africa nation may also lose its position as the continent’s top copper producer.

Yukon Zinc temporarily closing Wolverine Mine

Michael Allan McCrae | January 27, 2015
Mining in 2015: Zinc price with zing

Some crew will be assigned to care and maintenance.

Money still pouring into gold ETFs

Frik Els | January 26, 2015
Money still pouring into gold ETFs

50 tonnes in two weeks, best performance since 2012.

45-year chart shows dollar bull run just getting started

Frik Els | January 26, 2015
45-year chart shows dollar bull run just getting started

US currency is overbought short term, but relative performance chart going back to 1970 shows rally has long-term legs.

Rio Tinto to drop Oyu Tolgoi $1.6bn royalty if expansion gets ok from Mongolia

Cecilia Jamasmie | January 26, 2015
Rio Tinto to drop Oyu Tolgoi $1.6bn royalty if expansion gets ok from Mongolia

Documents obtained and verified by The Australian, show that Rio Tinto offered Mongolia to forsake a “net smelter return” of 2% cent of the project’s revenue.

More »