Shares jumped after the company said it had submitted additional technical studies to environmental and natural resources authority for permitting approval at its La India project.
Gold Mining News
Gold production for the three months to June dropped 36% to 133,778 ounces as operations at two its three mines - Bulyanhulu and Buzwagi – were scaled back.
Don't get your hopes up.
Mineral Resources Minister Gwede Mantashe believes mines on care and maintenance are bad for the economy.
"He's my favourite."
Nigeria will offer a 12.7 billion naira ($41.6 million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday.
Indians’ love affair with gold is cooling.
Fresh setback for the company’s Solwara 1 project, expected to be the world’s first seabed gold, copper, silver mine.
Indonesia has extended an operating permit for Freeport's Grasberg copper-gold mine while discussions over long-term rights continue.
Large scale gold price speculators have cut bullish positions to levels last seen at the end of 2015 when gold hit a 6-year low of $1,050 an ounce.
Sections of Sibanye’s Masakhane mine, where an earth tremor resulted in the death of seven workers, have been shut for rehabilitation until February.
Eike Batista, who was once one of the richest men in the world, was found guilty of bribing former Rio de Janeiro governor Sergio Cabral in exchange for contracts.
All-in sustaining costs of between $650 and $750 per ounce.
“China’s buoyant mood is giving way to concerns around tightening credit and a slowing manufacturing sector."
Platinum prices drops 5% on Monday to lowest since July 2004 as US–Europe car trade spat adds to precious metal's woes.
Indonesian minister says majority stake purchase of iconic mine seen valued at $3.5 billion to $4 billion.
The mining sector showed an interannual growth of 0.16 per cent in May.
Noront CEO said the move is necessary as the company continues to lead exploration in Ontario’s massive Ring of Fire.
Minera Frisco and Goldcorp’s subsidiary Minera Peñasquito are joining forces in Zacatecas.
Mining-union leader Napoleon Gomez Urrutia, who fled to Canada more than a decade ago after being accused of embezzlement, is on the short list for a senate seat in Mexico with presidential front-runner Andres Manuel […]
Sibanye Canada and Regulus’ newly formed Argentinean subsidiary Aldebaran Resources will create a strategic partnership to unlock value at the copper-gold project, located in the San Juan province.
The parliament’s revision of the strategic agreement, set for September, may lead to increased environmental payments for the Canadian miner.
SEMAFO Inc is pleased to report that it has completed its first gold pour at the Boungou Mine in Burkina Faso, slightly ahead of the original schedule. The first pour yielded approximately 325 ounces of gold.
Liberty Gold Corp. attracted the attention of RCF Opportunities Fund L.P., which took an 8.4% stake via a private placement in January. The company raised C$10.5 million at $0.42/share and is now in a position to move forward with its aggressive exploration programs.
Industry watchers are keeping their eyes on summer drilling in British Columbia's Golden Triangle for signs of the next GT Gold or Garibaldi Resources.