Gold Mining News

Hedge funds win world-beating rally with record gold holdings – Bloomberg

Hedge funds boosted their bets on price gains for bullion to an all-time high just two days before U.K. voters took to the polls and decided to leave the European Union, sending global markets roiling.

London-based gold seller says 'phones are ringing off the hook'

Google says "buy gold" searches have soared 400%.

Bloomberg picked an odd time to run a gold debate

One day before Brexit.

Child labour group takes aim at electronic manufacturers that use gold

The electronics industry consumed 63.9 tonnes of gold in the first quarter of 2016, about 5% of total demand.

Mount Polley mine receives authorization for return to normal operations

Research and monitoring to date indicates the environment is recovering rapidly. No long lasting impacts are anticipated at this time.

Copper stocks deep into red as gold miners surge

Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.

Potential of high-grade gold deposits draws Adamera to Washington

Mark Kolebaba, CEO of Adamera Minerals, extols the advantages of exploring in Washington and explains why it offers low-cost opportunities.

Brexit: Gold, metals, markets react as Britain chooses to leave the EU

Gold climbs the most in eight years, while copper and oil fall.

Klondex finds growth opportunity in True North

Klondex Mines Ltd. released an update on the company's exploration and project development activities at its True North Gold mine, which was formerly known as the Rice Lake mine, in Manitoba, Canada.

How the Brexit vote will affect the markets

The consequences will likely include a soaring dollar and a falling euro, market volatility and a slide in the prices of some commodities, but Maund has identified ways investors can profit from the chaos.

Australian gold mining’s Fifth Avenue.

Today, with the gold-mining sector in good financial shape, some historic mines in the region are being revived or expanded.

Five charts showing why gold stocks have never been this cheap! – 1 year later

Almost one year ago we released these five charts, demonstrating the extreme nature of the bear market in gold stocks. The charts went viral and since then gold stocks have recovered just as we predicted. 

Centerra Gold to keep Kumtor mine open as Kyrgyzstan hands key permits

The company is yet to receive an approval of its Kumtor’s 2016 mine plan, which it requires to continue operating the mine beyond June 30.

Primero Mining wants Canadian Gov’t to intervene in tax dispute with Mexico

The silver miner says Ottawa needs to press Mexican authorities to ensure Canadian investors are treated fairly.

Nichols: Bremain pullback in gold price a bargain opportunity

Polls showing a continuation of the status quo in Britain prompted a sell-off in gold this week, but the global economic backdrop remains good for gold.

Two core rigs at work on Seabridge Gold’s deep Kerr Deposit

Drilling also to target high grade gold on Seabridge's newly acquired Iskut Project.

Sibanye, OceanaGold join the World Gold Council

Sibanye is the largest individual producer of gold in South Africa and one of the 10 largest globally. OceanaGold is a rapidly growing multinational gold producer with assets located in the Philippines, New Zealand and the United States.

UK Royal Mint sales up more than a third ahead of Brexit vote

Elevated demand has translated into a 150% increase in revenue for Britain's official producer of gold and silver coins and bars.

Waking up groggy truck drivers from 17,000 KM away

"The shift schedules are demanding. The work is repetitive. There are issues trying to keep people engaged in the work that they are doing."

South African gold miners to appeal ruling in silicosis case

If the class action goes ahead, it will affect almost every gold mine in South Africa, including their parent companies, covering their conduct over the last 50 years.

Silver traders follow gold to longest bull bet since ’09

This chart shows that where gold goes, silver often follows.

Kirkland Lake plans $18 million exploration program at Macassa

To fund it, the miner has proposed a $15-million non-brokered offering of 1.05 million flow-through shares.

The world's 50 most valuable mining companies

Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.

Rio Tinto may be planning a $9bn spinoff a la BHP

Rumours follow Rio's decision to group its least loved units — coal, uranium salt, borates and its Iron Ore Co. of Canada — under a new umbrella branded as the “energy and minerals” business.

21 incredible uses for silver

Silver is generally known for its use in coins, silverware and of course jewellery. However, today these account for less than 50% of all silver consumption.