Gold Mining News

Canadian junior ready to start drilling for copper in Spain

Pan Global’s subsidiary Minera Águilas has received the necessary permits to start its exploration campaign on the first two sections of the Águilas project.

Death, diamonds and Russia’s Africa Project: Leonid Bershidsky

The killing of three reporters in the Central African Republic pulls a private, pro-Kremlin military company out of the shadows.

USTR reviewing Turkey's trade preferences after tariff retaliation

Imports of jewelry, precious metals and stone products would be under the microscope.

Wait until you see the price of gold in Venezuela right now

Venezuela’s once prosperous economy destroyed by corruption and mismanagement.

The wait continues for victims of Gold King mine spill

The U.S. Environmental Protection Agency says it is still reviewing about 380 claims for lost income, fallen property values and other losses.

Stellar rhodium price rally could be coming to an end

Price for scarce precious metal rhodium is up 270% in two years.

Gold Stocks’ Autumn Rally 3

The gold miners’ stocks have suffered a psychologically-grating year so far.

RenGold, Newmont expand Nevada project

They want to grow the Ecru Project, located in Lander County.

No love for KAZ mega copper project

Shares down by a third after London-listed miner pays $900m for Russian copper project that will take another $5.5 billion to build.

How big data can help find new mineral deposits

Researchers want to use a type of analysis commonly employed in understanding Facebook connections.

Gold's outback outperformers urged to turn M&A firepower on US

Gold producers in Australia are outperforming their global competitors, prompting investors to encourage them to expand their horizons and acquire struggling North American rivals.

South African gold producers make new wage offer to unions

South African gold producers say they have offered annual wage increases of up to 7.2 percent to underground employees and up to 4.5 percent for miners and artisans, after unions rejected a previous offer last week.

Gold miner Centamin's core earnings beat expectations, shares rise

Gold miner Centamin Plc's quarterly core earnings topped market expectations as lower-than-estimated mine site costs and inventory-driven sales volumes offset a drop in production.

Gold price at 18-month low as US investors sour on bullion ETFs

Investment outflows in the US drive global gold demand to lowest since 2009 as strong economy provides "little incentive to buy gold".

Implats to Cut 13,000 Jobs and Reduce Shafts to Stem Losses 

13,000 jobs to be slashed as the local platinum industry grapples with rising costs and weak prices for the precious metal.

Half of the Asanko gold mine in Ghana now belongs to Gold Fields

The mine is one of Ghana’s newest gold operations and it is located in the country’s Ashanti Region.

Tahoe Resources posts quarterly loss on Guatemala mine dispute

The Nevada-based company posted a second-quarter loss of $15.6 million, or 5 cents per share, compared to a profit of $33.5 million, or 11 cents per share, in the year-ago period.

Canada's Kinross Gold puts Mauritania mine expansion on hold

Kinross Gold Corp said on Wednesday it was "pausing" expansion work at its Tasiast gold mine in Mauritania after a government request for talks to improve the country's economic benefits from the miner's activities.

Randgold Resources' Mali mine granted four-year, 50% tax concession

Mali's government has granted Randgold Resources a 50% corporate tax reduction for the next 4 years at its Gounkoto mine.

Killed Russian journalists said to have been working on story involving mining in CAR

They were said to be investigating a private Russian security company operating in CAR as well as Russia’s interests in the local diamond, gold and uranium sectors.

Rio Tinto down despite $7.2bn cash return to investors

Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts.

McEwen Mining posts loss on strong investment to grow key assets

The Canadian precious metals miner logged a $10.6-million net loss for the first half of the year following a $49-million investment in its Gold Bar, Black Fox and Los Azules projects during the period.

Fresnillo soars despite profit drop on Silverstream revaluation

Silverstream valuation had an adverse effect on profit before income tax, which came down 16.6% to $323 million.

Russian scientists discover new mineral

Uakitite is associated with sulfides, schreibersite and magnetite.

Brazil studying auction of rights to six unexplored mining areas in 2019

The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.