Gold Mining News

Barrick Gold cuts 2017 compensation for top two executives

The decision was made to reflect a challenging "shareholder experience" and operations at some mines.

B.C. miners halt exploration program to address community concerns

Following a community outcry, Aben Resources and Eagle Plains Resources decided to suspend their planned drill program at the Chico Gold Project.

Saskatchewan miner launches aggressive exploration program in Ontario

GFG says this is the first ever systematic, district-scale exploration program in an under-explored portion of the Abitibi greenstone belt.

Gold's 'good week' gets better as trade war ignites haven demand

Mounting economic and geopolitical tensions fueled demand for the metal as a haven.

Asia Gold-Higher prices keep buyers at bay; India discounts at 6-1/2-month high

Physical gold demand in Asian hot spots slouched this week as higher global prices made buyers hold off on purchases.

Gold juniors’ Q4’17 fundamentals

The juniors’ recent Q4 results proved quite strong.

Condor Gold raises £2.5 million as 2017 loss narrows

The Nicaragua-focused miner has not generated any revenue in the past two years, but narrowed pre-tax loss to £3 million in 2017 from £7.7 million a year earlier.

Royal blue diamond goes on sale

With few exceptions, no one knew about this gem's existence.

Eldorado down on Q4 loss

CEO George Burns recognized that 2017 was a challenging year.

Goldman Sachs no longer one of top three commodities banks

Last year Goldman's commodities business posted one of its worst results on record.

As commodities roar, Africa wants bigger slice of mining pie

A lack of returns to governments is drawing a backlash from Mali in the Sahara to Tanzania on the Indian Ocean.

Guinea: Mining firms will remain key target for anti-government protesters

Anti-government sentiment is set to further escalate in the run-up to the legislative election in September, and mining firms are likely to experience even more disruption as many blame them for the state’s failure to contribute to their wellbeing.

Apollo Minerals expands in the Pyrenees

The company has entered into an agreement to buy Aurenere, a project located in the northern Spanish province of Lleida.

Australian mining overseas: 50 key projects

These are projects driven from Australia, involving an Australian mining company and (in most cases) an Australian engineering consultant. 

Nova Scotia’s Mining Association applauds Government push for a Mineral Resources Development Fund

The Mining Association of Nova Scotia (MANS) is pleased the new provincial government budget provides funding to establish the Mineral Resources Development Fund (MRDF).

Argo Gold sells Rockstar property in Ontario

The Toronto-based company has agreed to sell its 100% interest in 16 unpatented mining claims comprising Rockstar.

In India, digital gold sellers hope trickle will become a rush

A digital revolution is reshaping India's $34 billion gold market, with smartphones, e-wallets and flexible investment schemes drawing new buyers into a business dominated by traditional, face-to-face transactions.

Indonesia's Inalum expects to line up Freeport sale bank financing soon

Indonesia's state mining holding company expects to reach an agreement soon on bank financing to buy a controlling stake in the local unit of Freeport McMoran Inc.

Copper price: Congo set to overtake US as world's no 4 producer

DRC's resolve to overhaul mining code shouldn't have surprised the industry – Kinshasa's become too important to global supply for companies to pull sticks.

Please introduce yourself, Mr. Powell. Gold awaits you

There is a risk that the Fed’s forecast will be more aggressive, but the fears of a hawkish revolution may be a bit overblown.

South Africa black ownership to roll out in May

Newly appointed Minister of Mineral Resources Gwede Mantashe said the key to regain investors and miners confidence in the South Africa’s mining sector was to finalize revised plans for black ownership in the industry in the coming weeks.

B2Gold says Mali’s new code won’t affect its Fekola mine

The Canadian miner says any contemplated amendments in a new mining code will not apply to Fekola without its consent.

Russia's top gold miner wants to become global player in antimony market

Polyus aims for up to 15% of global market od antimony, a metal used primarily in fire retardants and batteries.

Marijuana is the new gold as former Canada miners go to pot

Turns out, it may be easier to strike gold by growing green.

Swiss seize bank accounts amid probe linked to Rio Tinto Mongolia mine

The Swiss attorney general’s office launched its probe in 2016, court documents show.