Gold Mining News

Perth Mint unveils Australia's most expensive gold-diamond coin

Made of 99.99 percent pure gold, the coin features four rare Argyle pink and purplish-pink diamonds. The largest is 1.02 carat.

Tahoe resumes operations in Peru after protesters agree to talks

The Canadian miner expects annual production from La Arena mine to be near the low end of its forecast 160,000 to 185,000 ounces of gold.

Lundin gives up on Nevsun after Zijin's $1.41 billion offer

Toronto-based miner said it doesn’t intend to amend any of the terms of its bid for Nevsun, but noted it would continue to pursue strategic growth opportunities.

Canada's Nova Scotia: Worth a second look

Success breeds success and there is a great deal of exploration activity taking place in the Atlantic Canada province these days. 

Luxembourg’s mining-focused Space Agency ready to lift off

Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects.

Leaders in raising mining capital in 2017

Yancoal Australia was on top.

Osisko acquires additional Gold Royalty on Barkerville’s Cariboo Gold Project in Canada

Barkerville also has the option to grant Osisko an additional 1% NSR royalty on the Property for additional cash consideration of C$13 million.

Viceroy says it's shorting Canadian miner Pretium

Arguing the company has artificially inflated the value of its Canadian gold mine, which risks being taken over by creditors in coming months.

Embattled Acacia Mining lets partner up stake in Nyanzaga gold project

 Acacia — Tanzania's No.1 gold miner— will retain a net smelter return production royalty over the project, capped at $15 million.

India's Aug gold imports double, hit 15-month high as prices drop -GFMS

But rising gold imports could widen India's trade deficit and further pressure its currency, the rupee, which hit a record low of 71.95 against the dollar on Wednesday.

Orion’s $407m takeover bid for Dalradian Okd

Deal gives Orion mine access to mineral rights for more than 80,000 hectares of land in Northern Ireland, which includes one of the world's top ten undeveloped gold deposits by grade.

World’s biggest miner speeds hunt for copper assets, buys stake in SolGold

BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.

China’s Zijin to buy Nevsun for $1.41bn after Lundin takeover rejected

The Chinese gold and base metals producer will give Nevsun Cdn$6 per share in cash, trumping Lundin’s C$4.75 a share bid launched in July.

Chaarat Gold ups Kyrgyz Republic project resource by 46 pct

The Central Asia-focused explorer and developer said Tulkubash’s measured and indicated resource is now over 1.4 million ounces of gold, while the grade also rose 57% to 1.35g/t gold.

Tahoe’s Escobal mine licence to remain suspended — Guatemalan court

Guatemala's highest court ruling says mining operations will be suspended until government carries out consultation of the local indigenous people.

Eastern Goldfields suspends Davyhurst gold operations

More than 30 workers have been made redundant.

Northern Star raises funds to buy gold mine in Alaska

The Australian miner was able to raise almost $1.3 million to help fund the acquisition of its first overseas asset.

Colombia asks for Venezuela's cooperation in case of five murdered miners

The workers were killed in a gold mine in the southern Bolívar state.

The challenge of creating a solution that avoids mining transcripts

Developers want to ease up geologists' work.

Upside targets for gold, gold stocks and silver

After a vicious selloff precious metals have stabilized. Its not a surprise given the breadth and sentiment extremes we noted and had predicted earlier.

Tahoe halts operations at its La Arena gold mine in Peru after protest

Temporary suspension of mining activities comes after about 100 people trespassed and demanded payment for alleged environmental impacts of the operation on their community.

Dalradian shareholders back Orion Mine’s $230m takeover bid

The Toronto-based miner, which is developing a large untapped gold deposit in a remote part of Northern Ireland, will seek final approval of the transaction by the Ontario Superior Court of Justice early next week, with the deal expected to close on or about Sep.7, 2018.

AngloGold's Guinea mine resumes operations after one-day strike

Operations have resumed at AngloGold Ashanti's Siguiri gold mine in Guinea

Canada’s Orosur to shut Uruguay’s San Gregorio West gold mine

The mine and processing complex, in operation since 1997, will be placed on care and and maintenance by year-end.

Australia’s Northern Star to buy gold mine in Alaska for $260 million

Acquisition will add 250,000 to 260,000 ounces to its full-year 2019 guidance, boosting expected output to between 850,000 to 900,000 ounces