But the iron ore price surge won't last says new survey of commodity analysts.
Gold Mining News
Mongolia has emerged as an investment hot spot for untapped reserves.
This is the second major step by the company this week to build up cash as it faces a drawn-out labor dispute.
Net proceeds from the offering will be used to continue exploration and definition drilling at the Troilus gold-copper project.
The company has drilled its longest continuous section of mineralization at its Gran Bestia copper-gold deposit,
The company reported lower than expected full-year profit in February while warning of headwinds including lower precious metals prices for 2019.
Deal creates the world’s largest gold producer by output, robing Barrick of its recently cemented supremacy.
Gold output fell 21 percent from a year earlier compared with a revised 23 percent drop in January.
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.
The president and CEO of Vancouver-based Mountainstar Gold has been slapped with a C$150,000 penalty by the British Columbia Securities Commission.
The program will begin in May 2019 and explore around the historic United Western and United Eastern gold mines.
Platinum has a brief but clear history as a leading indicator for Gold.
The creditors are reportedly trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada.
The net proceeds would be used to advance other development projects and retire a portion of the company’s debt.
Benchmark Metals has released additional assay results from its Lawyer's gold and silver project.
The company forecasts total metal production of between 82,000 to 86,000 gold-equivalent ounces in 2019.
The Toronto-based miner acquired 300 mineral claims covering the Stewart Brook gold project area in Guysborough County.
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.
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-McMoRan plans no dividend raises, acquisitions or debt buybacks over the next two years.
The company is reportedly working with advisers to list in Jakarta as early as the fourth quarter.
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.
Development envisions an open pit gold mine that could be in production for almost 15 years.
The study demonstrated a post-tax net present value at a 5% discount rate of $266.9 million.
To date, the company has drilled 10 holes totaling 1,522 metres.