Gold Mining News

Zimbabwe to sell shares in state-owned firms as part of reforms

Zimbabwe is looking to sell shares in 35 state-owned firms, including telecoms and mining entities.

Poor left out of mining profits as 'resource curse' hits Kenya

There were cases of displacement of communities, workers subjected to unsafe conditions, as well as soil, water and air pollution.

Glencore is losing billionaire allies to Trump's sanctions

In just four months, Glencore Plc chief Ivan Glasenberg has lost two of his closest business allies, billionaires Oleg Deripaska and Dan Gertler.

Coup d'état that may shake the world

The elevated anxiety about a military conflict about Syria could provide a short-term support for the price of gold.

Sharps Pixley sees 253% increase in gold sales as tensions run high

The high levels of gold sales was a record for the store which opened in January 2016 and was roughly double its previous best month.

Harmony Gold says $519,000 of metal stolen from S. African mine

Thieves broke into Harmony Gold Mining Co.’s Kalgold mine Tuesday morning and stole 12 kilograms (386 ounces) of the precious metal.

Labour conflict at Torex mine in Mexico cools off

Los Mineros Union, led by expat in Vancouver Napoleón Gómez Urrutia, had been fighting since November 2017, to be the legally constituted union at the ELG Mine Complex.

Why diamond trading slowed down in March

Rapaport expects polished trading to continue slowing in the coming months.

Pretium shares rocket 19%

Production ramp up at high-grade Brucejack mine in BC back on track.

Gold price surges on Middle East, Russia tensions

But rally didn't last long.

Gold Fields to make decision on Chile gold mine next year

Salares Norte production to begin around 2021 and quickly achieve target output of 345,000 ounces of gold a year.

Mining industry must improve human rights, environment protection — index

The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that produce 25 percent of mined commodities, from gold to copper and coal, operating in more than 40 countries.

Bundesbank pulls all stops to show Germans their gold is real

The subject of the country’s reserves became particularly heated during the years of the sovereign debt crisis.

Canada’s new player in Brazil gets to work

A diamond drilling campaign is about to start at the Salobro Zinc Project.

Bahrain could host World Jewellery Confederation Congress

In 2017, the kingdom created DANAT, the Bahrain Institute for Pearls & Gemstones.

`Nervous' investors pile into gold ETFs as global tensions mount

Anxious investors from Germany to China are seeking shelter in gold ETFs.

Colombia pro-mining referendum will not soothe global miners

Pro-mining votes seem set to benefit local companies and mining in streams and on mountainsides, not multinationals.

Copper supply crunch earlier than predicted — experts

Copper production will peak in the second half of 2019, making a growing supply deficit much more real.

Canadian miner A-OK despite U.S. sanctions against Russian companies

Despite analysts predicting that sanctions against Oleg Deripaska may cause a turmoil in the mining world, Kinross made an effort today to stand clear from such possibility.

Private capital flowing into mining on track for record year

The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.

Gran Colombia's output grows by 35%

During the first quarter of 2018, output reached 52,672 ounces.

A withhold up in Mongolia?

It is not conclusive that Rio avoided WHT on interest on shareholder loans, and there is no clear evidence to support the claims of treaty abuse.

Resource developer discovers 'more gold in the bog'

The findings also reveal "encouraging high grades" and confirm the presence of gold mineralization.

Operations restarted at Newmont's gold mines in Ghana -spokesman

Operations were shut down on Saturday following an accident in which six construction workers were killed.

Venezuelan army’s economic prize begets a bloody grab for gold

The bank is selling off gold to keep the country afloat, drawing down its reserves of the metal to $6.6 bn from almost $20 bn at the beginning of 2012.