Almost all recorded gold was from industrial-scale mining, with just 800 kilograms recorded from artisanal mines.
Gold Mining News
Dealers charged a premium of about $1 an ounce over official domestic prices.
Owner Havilah Resources said the decision secures the company's right to mine Kalkaroo.
The Canadian miner reported that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold.
The Canadian miner said its long-term growth strategy focus on developing its existing pipeline of projects, while seeking global exploration opportunities.
Iamgold has released the latest results from the winter drill program at its Rouyn gold project.
If the transaction with owner Metallon Corp. is concluded, B2Gold will invest $150 million to $200 million developing the Shamva gold mine.
Ongoing stoppages at Newmont Goldcorp's Penasquito mine in Mexico are costing both public coffers in the country and the company millions.
Once at full-tilt, the open-pit operation is expected to generate 65,000 ounces of gold annually over an 8-year mine life.
The company also holds ten other properties on the Carlin, Independence and Northern Nevada Rift gold trends.
The project will enable Newmont Goldcorp to continue advancing its vision to create mine 4.0— an interconnected mine of the future.
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.
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.
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.
The Vancouver-based miner is exploring the past-producing Idaho-Maryland gold mine, located near Grass Valley in northeastern California.
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.
Comments come after parent company Barrick Gold proposed to acquire all of the shares it does not already own in the Tanzanian miner.
Several new holes have cut wide zones of mineralization with intervals of visible gold extending Area 51 by 250 metres to the northwest.
The current program will follow up on high grade gold-copper-silver results from last year.
The Goldenville project in Guysborough County is Osprey’s most advanced project and the province’s largest historic gold producer.
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.
American researchers proved that a purification method that dates back to the 10th Century still works.
The decision to take a dual listing comes as Canadian investors shun junior miners, preferring the buzz and growth potential of cannabis producers.
Ecuador has attracted a flurry of interest from big miners eager to increase their exposure to copper.
Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.