Gold Mining News

Cobalt, uranium and silver prices expected to rally in 2019

But the iron ore price surge won't last says new survey of commodity analysts.

Asia’s mining sector offsets risk with reward — report

Mongolia has emerged as an investment hot spot for untapped reserves.

Sibanye raises more cash with $125m Citi prepayment

This is the second major step by the company this week to build up cash as it faces a drawn-out labor dispute.

Troilus Gold makes $12m share offering

Net proceeds from the offering will be used to continue exploration and definition drilling at the Troilus gold-copper project.

Lumina extends Gran Bestia in Ecuador

The company has drilled its longest continuous section of mineralization at its Gran Bestia copper-gold deposit,

Fresnillo Q1 production slumps, sticks to FY targets

The company reported lower than expected full-year profit in February while warning of headwinds including lower precious metals prices for 2019.

Newmont shareholders overwhelmingly approve $10B Goldcorp takeover, creating world’s top gold miner

Deal creates the world’s largest gold producer by output, robing Barrick of its recently cemented supremacy.

South African gold output has longest losing streak since 2009

Gold output fell 21 percent from a year earlier compared with a revised 23 percent drop in January.

Avesoro Resources sticks to 2019 guidance, despite gold output drop

The Canadian gold producer churned out 45,098 ounces of gold in the first three months of 2019, flat quarter-on-quarter, but 34% lower than in the same period a year earlier.

Vancouver junior gold exec fined for false statements about Pascua Lama

The president and CEO of Vancouver-based Mountainstar Gold has been slapped with a C$150,000 penalty by the British Columbia Securities Commission.

Para Resources to drill Tr-Ue gold vein in Arizona

The program will begin in May 2019 and explore around the historic United Western and United Eastern gold mines.

This leading indicator looks bullish for gold

Platinum has a brief but clear history as a leading indicator for Gold.

Newmont bondholder revolt may put Barrick on hook for debt

The creditors are reportedly trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada.

McEwen ponders sale of Mexican assets

The net proceeds would be used to advance other development projects and retire a portion of the company’s debt.

Vancouver gold junior bounces on Golden Triangle drill results

Benchmark Metals has released additional assay results from its Lawyer's gold and silver project.

Anglo Asian's Azerbaijan gold output rises 5% in Q1

The company forecasts total metal production of between 82,000 to 86,000 gold-equivalent ounces in 2019.

Carube Copper eyeing Nova Scotia's gold

The Toronto-based miner acquired 300 mineral claims covering the Stewart Brook gold project area in Guysborough County.

SolGold scores again at Cascabel project

The miner has found further mineralization at its Cascabel copper-gold project. Cascabel is believed to have the potential to become one of the largest copper-gold assets ever discovered.

Great Bear goes home with NWOPA discovery trophy

The company's exploration team has won the Bernie Schnieders Discovery of the Year Award for finding high-grade gold zones at its Dixie property.

Freeport plans no dividend hikes, M&A for 2 years to focus on Grasberg – CEO

Freeport-McMoRan plans no dividend raises, acquisitions or debt buybacks over the next two years.

Indonesian gold miner Amman is said to consider $600m IPO

The company is reportedly working with advisers to list in Jakarta as early as the fourth quarter.

Best argument for gold standard is Trump himself

Today’s case for the gold standard is based on the view that these recent decades of good fiat money management are a historical outlier and cannot be sustained.

Centerra, Premier Gold get drilling at Ontario project

Development envisions an open pit gold mine that could be in production for almost 15 years.

Harte Gold completes feasibility study on Sugar mine

The study demonstrated a post-tax net present value at a 5% discount rate of $266.9 million.

Warrior Gold drills Goodfish-Kirana project

To date, the company has drilled 10 holes totaling 1,522 metres.