Gold Mining News

Mining to provide essential foundations for Nova Scotia's rural economy

Three major new mines are expected to open in the Canadian province this year, bringing new jobs and hundreds of millions of dollars in new investment in the province.

Fresnillo silver, gold output jump on San Julian ramp up, higher ores

For the three months to June 30, silver production totalled 14.5 million ounces, a 12% rise from last year, while gold output was 223,000 ounces, up 2.7% from a year earlier.

Here’s how to avoid being caught in mining scams

These courses can help you identify and evaluate the risks involved in mining investments before it’s too late.

Rising gold production pushes Newmont past profit estimates

Newmont Mining Corp handily beat quarterly profit estimates on Tuesday as production improved, more than offsetting the impact of lower realized gold prices, lifting the miner's shares as much as 7.7 percent to a five-month high.

Brazil to raise mining royalties, set up new regulator

Brazil's government will announce an increase in mining royalties and the creation of a new agency to regulate the industry in a bid to inject new life in Brazilian mining, three sources with knowledge of the matter told Reuters on Monday.

Caterpillar earnings beat estimates, shares hit five-year high

It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it had originally projected for the year.

Oreninc Index – Monday, July 24th, 2017

Oreninc Index slides as financings reduce to trickle.

5 things I look for in exploration companies

Three months ago (April) we covered the reasons we primarily invest in junior exploration companies. We promised to follow up with some criteria we follow in attempting to pick winners. Here are five things we look for when evaluating and selecting junior exploration companies.

Antofagasta, Barrick avoid Chile mine strike

Zaldívar produced 102,000 tonnes of copper in 2016.

Mickey Fulp – The power of two

Mickey Fulp the Mercenary Geologist sits down with Proven and Probable to discuss the ‘Power of Two’ thesis which will serve as a foundation for speculators in the Natural Resource Space. Mr. Fulp outlines his 3 fundamental criteria that have provided him success and why they are imperative for speculators that wish to participate in junior mining companies. This episode is to serve as an educational tool and is not investment advice.

Why IAMGOLD could be the next gold major: CEO Steve Letwin interview

CEO Stephen Letwin says IAMGOLD – one of the best-performing gold stocks so far in 2017 - is gunning to be a gold major.

Acacia Mining now hit with $190 billion tax bill in Tanzania

Shares collapsed on the news to close almost 21% lower in London. Barrick, which has a 64% stake in Acacia, also fell in both Toronto and New York.

Luxembourg shoots for the stars with fresh space mining deal

The country's ultimate objective is to have its own space mining agency by the end of the year.

Forest fires force temporary closure of two BC mines

A hot and dry summer in British Columbia has set forests aflame, and last week the effects of Mother Nature were felt by two prominent BC mines.

Junior shakeup in the White Gold District

The White Gold District in the Canadian Yukon territory is continuing to see movement, this time among junior gold explorers hoping to grab a piece of the action.

Trump slump in dollar lifts gold price to 4-week high

US dollar falls to more than 2-year low as Trump's pro-growth agenda stalls in Washington.

Philippines plans new law to ensure responsible mining

Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage.

Is it worth investing in palladium?

Palladium is another element with great importance to the modern economy, but it’s often overshadowed by the other more famous and expensive precious metals.

Toronto firm closing South African platinum mine

The Bokoni mine, a joint venture between Atlatsa and Anglo Platinum, produces around 150,000 ounces of platinum group metals per year.

Tanzania officials question Acacia Mining staff in legal spat with Gov’t

Early reports claimed that Tanzania had asked foreign workers of the gold miner to leave the country, but a spokesperson for the company denied that story.

Once rejected Nunavut gold project gets OK from board

If Canada's Minister of Indigenous and Northern Affairs, Carolyn Bennett, accepts the review board's decision, a project certificate could be issued before year-end.

Acquisition of Canadian gold company contributes to pressure on stock

In resuming coverage of Eldorado Gold following the acquisition of Integra Gold and its Lamaque property, BMO Capital Markets analyst Andrew Kaip looked at the impact of the move, as well as at other factors pressuring Eldorado stock.

Nevada and Canada miner reports Q2 production up 94%

Klondex Mines Ltd. released its second quarter operating results on July 18, reporting record production and sales.

The Fed may show Trump no love

Typically, U.S. Presidents are wary of claiming stock market performance as a referendum on their success.

South Africa intends to suspend issuing mining rights

South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday.