Gold Mining News

Gold price correction brings renewed selling of mining stocks

August has been brutal for top gold miners with fresh selling hitting the sector on Tuesday as gold dips to June lows – Barrick's now down 20% for the month.

Mongolia wants Rio to speed up Oyu Tolgoi expansion

Once the underground expansion is completed Ouy Tolgoi would become one of the three largest copper mines in the world.

Barrick announces appointment of Mark Hill as Chief Investment Officer

Mr. Hill brings added technical experience to the investment review process at Barrick, complementing the economic and financial expertise of Chief Financial Officer Catherine Raw.

Russian gold mining company Zapadnaya improves productivity and safety with video over satellite from Orange Business Services

Orange satellite broadband connects Zapadnaya’s remote mine operations

Scientists find way to extract gold from old gadgets

Scottish researchers say discarded items of modern life contain as much as 7% of all the world’s gold.

This Aussie miner will pay shareholders in gold

Resolute Mining, a junior with operations across Australia and Africa, said the novel gold-linked dividend policy is a world first.

Canada’s mining industry faces workers shortage of up to 127,000 — report

Experts warn Canada's mining industry faces a looming risk it's not ready to deal with — lack of access to workers with the skills needed in an upswing.

Late-August calm a breeding ground for bullion bank shenanigans

Precious metals specialist discusses the recent correction in the gold market and the moves by bullion banks behind them.

Matt Geiger: charge into the first half of this gold bull market

Even though the gains at the beginning of this cycle have been extreme, we still have a long way to go.

Correction in gold and silver underway

Technical analyst Jack Chan charts a correction in the gold and silver markets and plots his investment strategy.

BHP whistleblower paid $3.7 million

The first time the SEC has paid an Australian whistleblower in a corruption case.

Jim Rickards: 'There will be a war on gold'

Jim noted the world’s monetary structures resemble, “Two tectonic plates; there’s the natural tectonic plate—deflation—and then…the policy plate of inflation—which is money printing, currency wars, QE, operation twist, negative interest rates, and zero interest rates…”

World's largest gold mine could come under threat

Brutal regime earns $3.5bn/year from Muruntau and septuagenarian Uzbek dictator's hospitalization raises fears of power vacuum, influx of radical Islam.

Ignore Yellen and buy the dip in precious metals

Friday morning FED chair Yellen finally opened her mouth and said a whole lot of nothing.

Canada's Ivanhoe Mines to hire strategic adviser after unsolicited interest

Shares in the Vancouver-based miner soared Monday as the firm said it would likely hire an investment bank to advise the board on all strategic options.

Barrick signs on to Venezuela gold push as oil sinks economy

President Nicolas Maduro turns to mining as a way to boost one of the fastest-shrinking economies in the world.

The precious metals sector and the Fed. . .

Technical analyst Clive Maund reflects on how Federal Reserve statements may affect markets, and explains why he thinks the precious metals markets are due for a correction.

Gold juniors’ Q2’16 fundamentals

Gold juniors’ recently-released second-quarter financial and operational results prove their fundamentals are strengthening dramatically, a very bullish omen for stock prices

Release in response to Orezone Gold Corporation’s (“Orezone”) news release

SRK Consulting (Canada) Inc. is releasing the following in response to Orezone Gold Corporation’s (“Orezone”) news release of August 22, 2016.

Striking Bolivian miners lift roadblock after killing country’s deputy minister

Rodolfo Illanes (56) was kidnapped Thursday, tortured and beaten to death according to officials.

Higher gold price will add 10m annual ounces by 2020

The world is far from reaching peak gold – miners are making the most of a rising gold price to bring giant projects on stream before the end of the decade.

Kinross Gold halts Maricunga mine in Chile, lays off 300 workers

Suspension of Maricunga comes earlier than planned after a court upheld the country’s regulator decision to shut down the water system linked to the mine over environmental concerns.

Mining has nothing to fear from Fed rate hikes

Study shows commodities have been the best performing asset class during Fed rating hike cycles since 1983 with average returns for industrial metals 44%

Azure Minerals strikes silver and gold in Mexico

Azure Minerals Ltd. (AZS:ASX), an Australian company developing two precious metal projects in Mexico, has caught the attention of a pair of analysts and the Mining Journal.

Marathon shares spike on Newfoundland gold recoveries

Positive metallurgy tests at Toronto junior's Valentine project in eastern Canada brings stock's gains this year to 400%.