Gold Mining News

Mali official gold exports increase 15% in 2018 to over 61 tonnes

Almost all recorded gold was from industrial-scale mining, with just 800 kilograms recorded from artisanal mines.

India gold prices flip to premium as demand picks up

Dealers charged a premium of about $1 an ounce over official domestic prices.

South Australia grants Havilah mineral leases for Kalkaroo project

Owner Havilah Resources said the decision secures the company's right to mine Kalkaroo.

Max positive about initial results of exploration program in Colombia

The Canadian miner reported that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold.

B2Gold not buying Zimbabwe project, not interested in M&A

The Canadian miner said its long-term growth strategy focus on developing its existing pipeline of projects, while seeking global exploration opportunities.

Iamgold cuts good grades at Lac Gamble zone of Rouyn project

Iamgold has released the latest results from the winter drill program at its Rouyn gold project.

B2Gold said to be in talks to buy Zimbabwe gold project

If the transaction with owner Metallon Corp. is concluded, B2Gold will invest $150 million to $200 million developing the Shamva gold mine.

Stoppage at Newmont Goldcorp mine costs Mexico millions daily – official

Ongoing stoppages at Newmont Goldcorp's Penasquito mine in Mexico are costing both public coffers in the country and the company millions.

McEwen kicks off commercial production at Gold Bar in Nevada

Once at full-tilt, the open-pit operation is expected to generate 65,000 ounces of gold annually over an 8-year mine life.

Contact Gold raises C$4m to drill Pony Creek, stock jumps

The company also holds ten other properties on the Carlin, Independence and Northern Nevada Rift gold trends.

Québec government invests $1.2 million to advance Newmont Goldcorp's 'mine of the future'

The project will enable Newmont Goldcorp to continue advancing its vision to create mine 4.0— an interconnected mine of the future.  

Gold miners must focus on returns, mergers to attract investment – Barrick CEO

Gold miners have for years been accused of eroding profits through expensive deals but the takeovers of Randgold by Barrick and Goldcorp by Newmont have spurred speculation about a pick up in long-dormant gold M&A.

Zimbabwe mine output subdued in first quarter as dollar crunch bites

Gold deliveries to central bank unit Fidelity Printers and Refiners, which buys all the country's gold, declined to 6.5 tonnes from 7.3 tonnes during the January-March quarter.

Philippines exempts gold sales to central bank from taxes to boost foreign reserves

By law, all gold produced by small miners in the Philippines should be sold to the central bank at around market price, but miners have circumvented taxes introduced in 2011 by selling on the black market.

California project yields high-grade mineralization for Rise Gold

The Vancouver-based miner is exploring the past-producing Idaho-Maryland gold mine, located near Grass Valley in northeastern California.

Newcrest starts drilling at Greatland Gold’s project in Western Australia

The farm-in deal gives Newcrest the option to acquire 70% of the project by spending $65 million on exploration and development over five years.

Acacia blames Barrick for barring it from Tanzania talks, mulls takeover bid

Comments come after parent company Barrick Gold proposed to acquire all of the shares it does not already own in the Tanzanian miner.

Wallbridge extends Area 51 zone at Fenelon project

Several new holes have cut wide zones of mineralization with intervals of visible gold extending Area 51 by 250 metres to the northwest.

ATAC Resources to begin phase one exploration at Rau

The current program will follow up on high grade gold-copper-silver results from last year.

Osprey to drill 3 properties in Nova Scotia, including Goldenville

The Goldenville project in Guysborough County is Osprey’s most advanced project and the province’s largest historic gold producer.

Miner Fresnillo warns of "more challenging" 2019

Fresnillo, which mines gold and silver in Mexico, said silver output dropped last month mainly due to lower grades of ore and lower ore throughput.

Scientists replicate medieval gold purification technique

American researchers proved that a purification method that dates back to the 10th Century still works.

Canada’s Pure Gold starts trading in London

The decision to take a dual listing comes as Canadian investors shun junior miners, preferring the buzz and growth potential of cannabis producers.

SolGold in talks to finance long-life Ecuador copper project

Ecuador has attracted a flurry of interest from big miners eager to increase their exposure to copper.

Tanzania fines Acacia Mining $2.4m over alleged pollution

Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.