Gold may be trading at its lowest in 18 months in dollar terms but look at the precious metal in other currencies and you can see it’s still serving its role as a safe-haven asset.
Gold Mining News
Hedge funds' bearish bets hit new record amid historically low gold price volatility as new report warns of "complacency" and "trend projection".
It also recorded an impairment charge of $31.7 million, or $20.5 million net of tax, related to placing the La Guitarra mine on care and maintenance.
Orosur says that the scarcity of alternative sources of ore at its Uruguayan project is resulting in financial liquidity constraints.
A federal court in Albuquerque received a lawsuit filed by 295 Navajo farmers and ranchers against the federal agency.
Barrick's plan going forward includes increasing its portfolio of so-called tier 1 assets over time, and gradually shedding anything that’s not tier 1 or deemed to be “strategic.”
Miners are acquiring different projects in the Moosehead Gold District.
The company is up 18.5% today to $12.04 a share.
Canadian miner Nevsun Resources Ltd on Thursday urged its shareholders to reject a hostile C$1.4 billion ($1.07 billion) offer from rival Lundin Mining Corp.
Randgold Resources is not yet paying the higher royalties and taxes required by the Democratic Republic of Congo's new mining code as the gold miner is still negotiating with the government.
The Goldminer Hotel, established in 1919 at the entrance of the Little Daisy Mine in Jerome, Arizona.
A gold earring believed to date back more than 2000 years has been unearthed near the site of the ancient Jewish temples in Jerusalem, in what Israeli archaeologists called rare evidence of Hellenistic influence.
Protectionism could limit future growth.
Founder gives up CEO role.
At Premier's Mercedes Mine production and costs were impacted by differences in the orebody geometries as compared to the original models.
Westminster Resources to buy a land package in the Ronge district of Saskatchewan.
Condor gold receives environmental permit to construct and operate a new mine at LA India project, Nicaragua
Condor Gold has received an environmental permit for the development, construction and operation of a processing plant and its associated mine site infrastructure at its La India Gold Project, located in Leon, Nicaragua.
Despite the political unrest in the Central American country, Condor has received an environmental permit for the development of a processing plant and associated mine site infrastructure at La India gold project.
Production at Grasberg in Indonesia will fall by more than half next year as its giant pits transition to underground operations.
Dawadmi is presumed to have been a hub from where mining products were exported 1,200 years ago.
Archaeologists unearthed 3,000 gold and precious metals objects and jewelry pieces.
Pan Global’s subsidiary Minera Águilas has received the necessary permits to start its exploration campaign on the first two sections of the Águilas project.
The killing of three reporters in the Central African Republic pulls a private, pro-Kremlin military company out of the shadows.
Imports of jewelry, precious metals and stone products would be under the microscope.