Gold Mining News

Gold nearing bull breakout

Once gold climbs to decisive new bull-market highs, sentiment will turn and investors’ interest will surge.

Illegal gold miners invade Grace Mugabe's farm amid legal dispute

The illegal miners at Smithfield last month told Grace that she no longer had any power to evict them.

Nevada gold mine grows production by 130%

The Pan Mine generated 8,695 ounces of gold during the second fiscal quarter.

Fourteen Colombian miners rescued from collapsed mine

It took authorities about three hours to be able to dig a back access entrance.

Canada’s Copper Mountain grabs Altona Mining in $72-million deal

Merger creates a mid-sized copper miner, with an expected annual production of about 73,000 tonnes of the metal.

Strike halts gold output at two Randgold mines in Mali — union

The strike at the company’s Loulo and Gounkoto mines is related to the payment of bonuses and will continue until the issue is resolved.

Embattled Acacia Mining keeps losing money due to Tanzania tax row

Revenue in the first quarter slumped almost 50% due mainly to reduced operations at its flagship Bulyanhulu gold mine.

Argentinian government wants to change Glacier Law to boost mining development

The Deputy Secretary of Mining Policy said the world needs Argentina's copper, lithium, gold and silver.

Sixteen people trapped in gold mine in Colombia

The quarry’s entrance collapsed Wednesday afternoon.

Peru will not 'impose' mining projects on communities -prime minister

The government of new Peruvian President Martin Vizcarra said it would not "impose" mining projects on nearby communities that object to them.

Gold resists strikes

The current renewal of the Syrian conflict shouldn’t significantly affect gold prices.

Gold explorer's drilling 'confirmed and expanded historical results'

Liberty plans to commence a phase 2 drill program at Black Pine in mid-June.

US lab mines gold from discarded SIM cards

Even though different research groups are trying to recover gold from electronic waste, in most cases they are using environmentally unfriendly techniques.

Diamonds are a Canadian miner's best friends in Finland

Arctic Star reports positive results from The Timantti Diamond project.

ETF manager renounces emerging markets to pile into gold

Gold is the best place to absorb external shocks amid increased volatility stemming from global trade tension.

Anglo Asian's Azerbaijan gold output up 49 pct yr/yr in Q1

The London-listed firm said its total production of gold-equvivalent ounces (GEO) rose by 26 percent to 18,307 GEO from 14,577 GEO.

Australian miner sells nickel tenements for $1.55 million

The tenements are within the Leinster Nickel Project, located in granites and greenstones of the Achaean Kalgoorlie Terrane.

Authorities bring down illegal mining site in the Peruvian Amazon

The Madre de Dios region has seen a surge in illegal mining operations.

Argentinian secretaries to jail for Veladero spill

The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's Veladero mine.

Local media report 40 people killed at DRC mine

The accident has been reported by different local websites.

Demand in India picks up ahead of festival

Next week Indians will be celebrating the annual festival of Akshaya Tritiya, when buying gold is considered auspicious.

Zimbabwe to sell shares in state-owned firms as part of reforms

Zimbabwe is looking to sell shares in 35 state-owned firms, including telecoms and mining entities.

Poor left out of mining profits as 'resource curse' hits Kenya

There were cases of displacement of communities, workers subjected to unsafe conditions, as well as soil, water and air pollution.

Glencore is losing billionaire allies to Trump's sanctions

In just four months, Glencore Plc chief Ivan Glasenberg has lost two of his closest business allies, billionaires Oleg Deripaska and Dan Gertler.

Coup d'état that may shake the world

The elevated anxiety about a military conflict about Syria could provide a short-term support for the price of gold.