Gold Mining News

Centamin drops more than 12 percent on second cut to annual output target

The miner now expects to produce 480,000 ounces of gold, down from a range of 505,000 to 515,000 ounces it estimated in May.

Why gold is proving the new standard for central banks

With the current political and economic uncertainty affecting global markets, there has been a reduction in the attractiveness of the US dollar.

Billions of British investment pounds predicted to enter Kazakhstan market

Kazakhstan is an “overlooked powerhouse” and one of the world’s next big investment destinations was the message delivered.

India's Q4 gold imports to jump as investors seek safer bets than stocks

Gold imports could rise 9% in Q4 to 250 tonnes.

South Africa mulls SOV, should not harm mining sector – minister

South African government is considering a sovereign wealth fund but is looking for a way to fund it without harming the mining industry.

Platinum miners their own worst enemies: Joburg mining update

South African mining executives, investors and officials gather in the nation’s economic hub for the Joburg Indaba conference. Here are the latest developments, updated throughout the day.

America's Silver and Pershing Gold to merge

Americas silver and Pershing gold to merge to create a low-cost, precious metal growth company in the Americas.

Bear kills mining contractor in Alaska

Mine personnel are securing the area and working with state and federal authorities to investigate the situation.

White Gold jumps on drill results

White Gold's partners are Agnico Eagle Mines Limited (NYSE:AEM) and Kinross Gold Corp (NYSE:KGC).

Randgold's hook-up with Barrick to leave large void in London market

Randgold becomes second major miner to announce departure from London.

South Africa’s mining industry growth hindered by precious metals performance — PwC

Yet, capital expenditure for the sector recovered from the lowest levels in ten years to reflect a 19% increase.

Uganda to join transparency program as it seeks mining investors

The East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.”

South Africa’s latest mining charter: what's new and who wins

New Mining Charter seeks to reduce uncertainty and boost investment in the sector.

It took only 10 minutes to send gold and silver prices soaring

Gold and silver are finally getting the haven-demand boost that trade wars and Brexit couldn’t provide.

Senator wants to boost sustainable mining in Argentina’s wine country

Changes to an existing provincial law propose a new Special Mining Rate.

Poland makes biggest gold purchase since 1998 as prices slump

Poland is making a rare charge into gold. The country added about 9 metric tons to its bullion reserves in July and August as prices dropped.

Gold coin `Sultan' faces death penalty as Iran hunts speculators

The government embarked on a drive to root out corruption and punish speculators it blames for exacerbating the currency crisis.

Japan's Mitsui Mining expects H2 zinc output to rise 3.6 pct y/y

Mitsui Mining and Smelting Co Ltd plans to produce 114,600 tonnes of refined zinc during October-March in the 2018/19 financial year.

Barrick Executive Chairman increases shareholding in company to 5m Shares

Thornton has purchased 2,271,029 additional common shares in Barrick at an average price of $11.11 per share, nearly doubling his total shareholding.

After another quarterly loss, is worst over for commodities?

Commodities just posted the longest losing streak in more than three years.

Gold miner Avocet hints at possible break-up

Avocet Mining warned on Monday that it could be broken up as the struggling gold miner continues talks with its largest shareholder to restructure its debt.

Peru expects $58 billion in mining investments

The recently-created Directorate for Mining Promotion and Sustainability will be in charge of identifying the regions with the mining highest potential.

Baby girl survival rates in India fall when gold prices go up: study

The cost of a dowry becomes unaffordable.

SolGold loss almost doubles as its goes all in at Ecuador projects

For the 12 months to June, SolGold's pre-tax loss was A$15.3 million, compared to $8.3 million it recorded a year before.

Asia Gold-Buying picks up in China on lower prices; India discounts narrow

Physical demand saw an uptick in the world's biggest gold consumer, China, after prices fell to six-week lows this week.