Gold Mining News

Koza Altin unit, GreenOre to expand drilling for gold in Scotland

Koza Altin is one of hundreds of companies seized by the Turkish authorities and is now managed by the Savings Deposit Insurance Fund.

Zimbabwe wants mining companies to list on local exchange

Move aims at boosting investment and local ownership of the country's vast mineral resources.

Canadian junior joins 'staking rush' in Brazil

Altamira Gold is mimicking big players' strategies in the Juruena Belt.

Gold miners sustaining costs up 22% since the gold price bottomed

Trend is likely to continue says new gold mining industry study.

South African court backs industry on black ownership

Uncertainty around the Mining Charter and ownership levels have deterred investment in a sector that accounts for 8% of the country's economic output.

BlackRock's $1.3 billion gold fund feeling pain of miners

“A contributor to this performance in 2018 has been the underperformance of the royalty companies, which the fund has some exposure to."

Teck ups stake in Chile Quebrada Blanca copper mine in $162.5m deal

Company now owns 90% of Compañía Minera Teck Quebrada Blanca, which main asset is the namesake copper project in Northern Chile.

Miners, commodities hit as US-China trade war heats up

Mining companies saw its shares plummet along with metal prices on Wednesday as China announced additional tariffs on US products, a move experts say is likely to heighten global concerns of a tit-for-tat trade war between the world's biggest economies.

Eldorado scores key win in row with Greece over projects

Ruling rejects the Greek State's motion that Eldorado's technical study for a metallurgy plant in the country’s Stratoni Valley, was in breach of any agreements between the parts.

New gold mine in Côte d’Ivoire declares commercial production

Ramp-up of operations at the Sissingué gold mine was completed ahead of schedule.

Randgold's African mining acumen is being tested on all fronts

Randgold shares are now among the worst in the industry, sinking 20 percent so far this year.

Australia's Newcrest Mining restarts processing at Cadia mine

The company expects to be at full mining rates within the coming weeks.

Murray & Roberts scores $313 million worth of new mining projects

South African engineering and construction group, currently subject of a takeover bid from Germany’s ATON, said projects were located in sub-Saharan Africa, North America and Australasia.

CHARTS: Mining rally running out of steam as copper price weighs

Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.

Next phase at one Australia’s largest copper-gold projects gets OK’d

Permit allows Oz Minerals to start phase two of construction at Carrapateena copper-gold project, in South Australia, this month.

Randgold Resources Tongon mine in Ivory Coast hit by strike

Recurrent industrial action by the workforce of a subcontractor it's jeopardizing Tongon's 290,000-ounce production forecast.

It’s not yet time for gold

Gold was seemingly on course for its highest quarterly close since 2012 until it reversed back below quarterly resistance at $1330/oz.

Inomin acquires multi-mineral property in British Columbia

The 420-hectare property is located in the New Westminster Mining Division of southwestern British Columbia.

Investment in Africa’s mining sector to rise: BMI

BMI presents the recent changes to the DRC’s mining code as an example of a situation that challenges all the parties involved, but that is very unlikely to cloud miners’ interest in venturing in the country.

Mongolia arrests ex-minister in Swiss graft probe — govt

A Mongolian former finance minister, Bayartsogt Sangajav, has been arrested as part of an investigation into suspected abuse of power during investment talks for the giant Oyu Tolgoi copper mine in 2009.

Artisanal gold miners in Nigeria seek government help

They want to operate under conditions that allow them to take better care of the environment and contribute to the local economy.

Community group in New Zealand worried about OceanaGold’s project

Mining at the site stopped in April 2015 when a major slip and a rockfall affected the area.

Illegal gold miners invade Grace Mugabe’s farm

Mugabe was touring the farm when she ran into the miners.

East Africa Metals and Luck Winner fail to agree on Ethiopian projects financing

“Despite the best efforts of both parties, negotiations failed to define a viable transaction," management said in a media statement.

Avaaz launches campaign against Belo Sun’s massive Brazilian mine

The U.S.-based online activist network launched a campaign to gather signatures to oppose the construction of the Volta Grande project.