Gold Mining News

Copper, iron ore price jump sparks rally in mining stocks

Top listed copper producer Freeport jumped 7.4% and with Vale – up 6% – was among the NYSE's top 10 most actively traded stocks.

US inflation surprise lights fire under gold price

Gold price surges in best trading day since Brexit mid-2016 as world's largest hedge fund pours money into gold-backed ETFs.

IAMGOLD closer to deciding future of Ontario gold project

Company expects Côte Gold project to create as many as 1,200 jobs during the construction phase, estimated to last two years.

Platinum market set for another surplus in 2018 — Johnson Matthey

Platinum demand fell nearly 7 percent last year, with sharp falls seen in Japanese investment and Chinese jewellery buying as well as a slowdown in consumption by carmakers, who use the metal in catalytic converters.

Gold shines as traders count down to ‘critical’ CPI, Dalio buys

Bullion advances for a third day, dollar sags before U.S. data.

Teck Resources down despite better profit in Q4

The firm, North America's No.1 producer of coking coal, said the boost in profit was mainly thanks to the reversal of an impairment charge related to an improvement in the outlook for steelmaking commodity.

Will stock market sell-off make gold shine or dull?

Analyzing Yellen’s crucial imprints on the Fed, the gold market could be affected in the future.

Mugabe's fall has veteran miners jockeying for Zimbabwe comeback

Mine development stalled under Mugabe, whose policies led to a collapse in the economy and hyperinflation.

Resource-rich Mongolia rejects cap on foreign workers for 2018

Some members of Mongolia's parliament sought to limit the number of new resident permits granted to foreigners to 100 per year to protect domestic jobs.

Experts warn of civil unrest in Argentina as it readies to lift ban on open pit mining

President’s move to allow open pit mining in provinces until now opposed to it is part of a broader plan to double foreign investment to $25 billion in eight years.

World’s largest gold project just got even bigger

Seabridge Gold has bulked up again its already massive KSM gold-copper-silver project in northern British Columbia in both size and grade.

Another death at one of Sibanye-Stillwater gold mines

A worker died on Monday night while clearing a blocked ore pass at the company’s Driefontein gold operation in South Africa.

Seabridge dealing with damages from previous mining activities in northern BC

The Toronto-based miner is carrying out a comprehensive environmental remediation program at its Iskut project.

Embattled Acacia Mining ends painful year with $700-million loss

The miner has also scrapped its 2017 dividend after full-year core earnings fell by more than a third because of a ban on unprocessed mineral exports in Tanzania.

Gold giant Barrick faces grilling after fall to bottom of pack

Even with rising gold prices and a strengthened balance sheet, the world’s largest gold producer left shareholders with the worst returns among its top North American peers last year.

Drilling for copper and gold could start this year near Mount St. Helens

The U.S. Forest Service signed off on exploration for copper, gold and other minerals on 900 federal acres that lie just outside the Mount St. Helens National Volcanic Monument in Southwest Washington.

18 die in clash at Venezuelan gold mine

Eighteen people have been killed in Venezuela at an illegal gold mine following clashes with security forces.

An update on the future of mining: urban mining

Technical analyst Clive Maund reviews the charts of two urban miners that he views as strong buys.

Ten-year yields point to higher commodities: Shelley Goldberg

The correlation between commodity price and the 10-year has been strong over time, for a number of reasons.

Asia Gold-Price dip perks up demand ahead of festive, wedding seasons

Spot gold has declined about 1 percent so far this week and was headed for a second straight weekly drop due to a recovery in the dollar.

Canada's Thor Explorations may raise up to $35m in a London listing

Thor, which is already listed in Toronto's TSX Venture Exchange, will use the proceeds of the new listing mainly to fund its Segilola Gold Project.

Stock selling unleashed!

The unnaturally-tranquil stock markets suddenly plunged over this past week, shocking legions of hyper-complacent traders.

Embattled Avocet completes sale of Burkina Faso assets

The three-times delayed $5 million-deal should help the miner dodge bankruptcy for its units in the West African country.

Endeavour in talks to avert Ivory Coast protests over gold production plans

Company has opened negotiations with local people in Ivory Coast in an effort to head off protests at two gold mines where the company aims to boost production by nearly 4% this year.

Gold price: Value of ETF bullion tops $100 billion for first time in 5 years

New report shows money continues to pour into gold-backed exchange traded funds with North American investors responsible for 75% of January inflows.