Gold Mining News

LME reforms must meet international standards, Global Witness warns

Global Witness warns that the LME must ensure its members go beyond paper-based compliance activities.

IDM’s Red Mountain gold project gets provincial approval

The proposed a 147.2-hectare underground gold and silver mine is expected to produce 1,000 tonnes of ore per day.

Gold stocks recovering 2

The battered gold miners’ stocks are finally starting to recover after a rough few months.

Mali expects 2018 industrial gold output to rise 21 pct

Head of the mines division said a previous production forecast of 59.3 tonnes of gold for 2018 had been marginally increased.

Gold’s bottom could be investors’ lost treasure

Get ready, gold bulls: The precious metal could be close to finding a bottom.

Battle lines drawn for London Metal Exchange

Away from the seminars and cocktail parties, metal producers, traders and users will meet behind closed doors to hammer out details of next year's contracts.

Asia Gold-India discounts widen; Bangladesh launches trade policy

Higher domestic prices dented demand for physical gold in India, prompting dealers to offer the biggest discounts in 3-1/2 months this week.

Millrock Resources | Explorer releases drill results from Alaska copper-gold project

CEO of Millrock Resources talks about the recently released drill results from the Alaska Range Project as well as developments at its Mexican properties.

Hudbay doesn’t deny rumours of interest in Chile’s Mantos Copper

The Chilean miner has been seeking a buyer for all or part of itself to raise $1 billion to dig for copper and gold in two of its mines in the country's north.

Centamin drops more than 12 percent on second cut to annual output target

The miner now expects to produce 480,000 ounces of gold, down from a range of 505,000 to 515,000 ounces it estimated in May.

Why gold is proving the new standard for central banks

With the current political and economic uncertainty affecting global markets, there has been a reduction in the attractiveness of the US dollar.

Billions of British investment pounds predicted to enter Kazakhstan market

Kazakhstan is an “overlooked powerhouse” and one of the world’s next big investment destinations was the message delivered.

India's Q4 gold imports to jump as investors seek safer bets than stocks

Gold imports could rise 9% in Q4 to 250 tonnes.

South Africa mulls SOV, should not harm mining sector – minister

South African government is considering a sovereign wealth fund but is looking for a way to fund it without harming the mining industry.

Platinum miners their own worst enemies: Joburg mining update

South African mining executives, investors and officials gather in the nation’s economic hub for the Joburg Indaba conference. Here are the latest developments, updated throughout the day.

America's Silver and Pershing Gold to merge

Americas silver and Pershing gold to merge to create a low-cost, precious metal growth company in the Americas.

Bear kills mining contractor in Alaska

Mine personnel are securing the area and working with state and federal authorities to investigate the situation.

White Gold jumps on drill results

White Gold's partners are Agnico Eagle Mines Limited (NYSE:AEM) and Kinross Gold Corp (NYSE:KGC).

Randgold's hook-up with Barrick to leave large void in London market

Randgold becomes second major miner to announce departure from London.

South Africa’s mining industry growth hindered by precious metals performance — PwC

Yet, capital expenditure for the sector recovered from the lowest levels in ten years to reflect a 19% increase.

Uganda to join transparency program as it seeks mining investors

The East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.”

South Africa’s latest mining charter: what's new and who wins

New Mining Charter seeks to reduce uncertainty and boost investment in the sector.

It took only 10 minutes to send gold and silver prices soaring

Gold and silver are finally getting the haven-demand boost that trade wars and Brexit couldn’t provide.

Senator wants to boost sustainable mining in Argentina’s wine country

Changes to an existing provincial law propose a new Special Mining Rate.

Poland makes biggest gold purchase since 1998 as prices slump

Poland is making a rare charge into gold. The country added about 9 metric tons to its bullion reserves in July and August as prices dropped.