With the current political and economic uncertainty affecting global markets, there has been a reduction in the attractiveness of the US dollar.
Gold Mining News
Kazakhstan is an “overlooked powerhouse” and one of the world’s next big investment destinations was the message delivered.
Gold imports could rise 9% in Q4 to 250 tonnes.
South African government is considering a sovereign wealth fund but is looking for a way to fund it without harming the mining industry.
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.
Americas silver and Pershing gold to merge to create a low-cost, precious metal growth company in the Americas.
Mine personnel are securing the area and working with state and federal authorities to investigate the situation.
White Gold's partners are Agnico Eagle Mines Limited (NYSE:AEM) and Kinross Gold Corp (NYSE:KGC).
Randgold becomes second major miner to announce departure from London.
Yet, capital expenditure for the sector recovered from the lowest levels in ten years to reflect a 19% increase.
The East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.”
New Mining Charter seeks to reduce uncertainty and boost investment in the sector.
Gold and silver are finally getting the haven-demand boost that trade wars and Brexit couldn’t provide.
Changes to an existing provincial law propose a new Special Mining Rate.
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.
The government embarked on a drive to root out corruption and punish speculators it blames for exacerbating the currency crisis.
Mitsui Mining and Smelting Co Ltd plans to produce 114,600 tonnes of refined zinc during October-March in the 2018/19 financial year.
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.
Commodities just posted the longest losing streak in more than three years.
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.
The recently-created Directorate for Mining Promotion and Sustainability will be in charge of identifying the regions with the mining highest potential.
The cost of a dowry becomes unaffordable.
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.
Physical demand saw an uptick in the world's biggest gold consumer, China, after prices fell to six-week lows this week.
The state miner warned it would "assert its rights" in Barrick Gold's acquisition of Rangold's stake in the Kibali mine, but did not provide details of its plans.