Gold Mining News

Mining at Gold Road and Gold Fields JV in Australia to start next month

Overall project engineering at the 270,000 ounce-a-year Guyere gold project, which is already more than A$100 million over its original budget of A$507 million, is now 96 percent complete

B.C’s historical Kootenay-Boundary district mining region gathers attention

Golden Dawn Minerals, KG Exploration Inc. and GGX Gold Corp. are among the companies setting foot in the area.

US develops new gold-silver alloy for military use

A new gold-silver alloy was created with the idea of lightening the load and enhance the power of devices used by soldiers.

Chile environmental court orders Barrick to close Pascua-Lama gold mine

The operation was put on hold in 2013 due to environmental issues, political opposition, labor unrest and development costs that ballooned to $8.5 billion.

Asia Gold-High prices deter buyers ahead of India festival season

In the Indian market, gold futures this week touched their highest since July 2016 at 32,014 rupees per 10 grams.

Gold Fields CEO asks for `more time' as investors get antsy

Shareholders getting impatient over the Gold Fields failure to stem losses at the huge South Deep deposit in South Africa shouldn’t lose hope.

Gold revitalized as equity sell-off spurs second weekly advance

Gold may have finally snapped out of its inertia.

Canada’s Rusoro Mining reaches $1.3B deal with Venezuela

Settlement creates partnership that could lead to restarting production at Rusoro's former mines in the South American country.

Unloved gold sector regains shine with mergers, price spike

Darren Blasutti, President and CEO of Americas Silver says interest in the sector is picking up and that his company’s recently announced acquisition of Pershing Gold is a good example of that.

Gold gets ignored as global equity rout fails to fire up havens

Trump says the Federal Reserve’s gone ‘loco’ and the trade war’s heating up, yet traditional havens in times of trouble like gold are not getting any love.

Leagold closing Brazil mine for two months due to drought

The company's recently-acquired Riacho dos Machados (RDM) mine will be closed for about two months.

Barrick maintains forecasts ahead of Randgold vote

Shareholders of Barrick and Randgold will vote on Nov. 5 on an all-stock transaction that will create a company with operations in Africa, Australia, North and South America, Saudi Arabia and Papua New Guinea.

Mining in the Mekong: Myanmar to outperform, Thailand to underperform – report  

Myanmar is expected to lead in the Mekong region for mining industry growth, driven by the high production growth of tin, lead and coal.

Filing of management information circular for merger with Randgold

Barrick Gold Corporation announced today that it has filed its management information circular and related voting materials in connection with a special meeting of shareholders to be held on November 5, 2018.

Chile's Supreme Court signals death knell of Kinross gold mine

Chile's Supreme Court upheld an environmental order for a gold mine owned by Canada's Kinross Gold Corp to close its water pumping wells.

Endomines’ Friday mine project progressing towards production start-up ahead of schedule in December 2018

Endomines AB, Stock Exchange Release 10 October 2018 at 08:30 CEST

RNC Minerals recovers giant gold slab from its mine in Australia

The company believes the stones are among the biggest of their kind ever unearthed in the country.

BHP aims to restart Olympic Dam copper facility this month

In August, BHP had shut an acid plant following a boiler tube failure, disrupting copper processing. Underground mining at the site continued as normal.

Burundi gets 15% gold-mining stake amid minerals expansion plans

Burundi has declared an end to a more than three-year political crisis and is seeking to attract investment to the landlocked nation.

A bottom in gold but not THE bottom

Gold as well as gold stocks appear to be basing for a potential rebound into the holiday season.

Freeport CEO open to all options, even sale, after Grasberg

Richard Adkerson says any strategic move is now possible, including acquisitions, partnerships, or even a sale of the entire company.

Pretium falls despite reporting increased gold output at its Canadian gold mine

Company said output at its Brucejack gold mine, in Canada's British Columbia, climbed 13 percent in the third quarter of the year to 92,641 ounces, compared to 82,203 ounces in the same period last year.

Thailand’s exit from gold to worsen regional underperformance

Since shutting down of all gold mining and exploration activities in 2016, the country has been losing both tax revenue and investors, a new report shows.

Zimbabwe miner RioZim to sue central bank for loss of forex earning

The miner said it would take legal actions to force the central bank to give it US dollars for part of its gold output.

Barrick-Randgold deal breathes new life into gold

Toronto-based Barrick announced it would purchase Randgold for a spectacular $6 billion.