Gold Mining News

Newmont's Goldcorp gamble may need 'drastic' surgery to work

The cost to create the world’s largest gold company: A 17 percent premium for a $10 billion all-shares acquisition that faces some big-time challenges down the line.

GGX drills more high grade at Gold Drop in BC

Gold Drop was mined intermittently from 1919 to the 1980's and hosts 8 known gold bearing veins or vein systems.

Goldcorp CEO could exit with $6.9m in biggest gold M&A

The company reported a worse-than-expected third-quarter loss in October, sending shares to the lowest since 2002 a day later.

Monster gold-mining deals pile pressure on those left behind

“The question becomes now, will there be a domino effect?”

Newmont deal for Goldcorp erodes Canada's gold clout further

Canada’s influence on the global mining industry appears to be shrinking by the day.

Regional states back Congo opposition leader's vote dispute

"It’s obviously really important for Tshisekedi to have SADC’s approval and endorsement for his presidency”

S.Africa's AMCU union to expand Sibanye-Stillwater strike to platinum operations

Since the union downed tools at Sibanye's gold operations in mid-November, four employees have been killed during strike-related violence.

Argentina set to join global mining transparency initiative

The global initiative requires member countries to disclose how they allocate licences and how much they receive from the companies in tax, royalties and other contributions.

Lundin kicks off underground work at flagship Fruta del Norte project

Ecuador’s largest underground gold and silver mine is on track to begin production before the end of the year.

Newmont grabs Goldcorp in $10B deal that creates world's top gold miner

Massive deal creates company that challenges rival Barrick as the world’s largest gold producer.

Gold miners to remain cautious in 2019: report

The largest firms in the world are likely to remain committed to spending cuts.

Buenaventura facing stoppage at Uchucchacua mine

Contracted workers are alleging unsuitable working conditions.

How lapis lazuli helped uncover the role of women in the creation of medieval manuscripts

Prior to this discovery, it was thought that mainly men were allowed to use the blue stone.

Torex reports record production despite challenging situation

In 2018, the Canadian miner produced 354,000 ounces of gold at its El Limón Guajes Complex.

Potential 2019 El Niño poses risks to some South American mining regions

El Niño could impact countries such as Brazil, Colombia, and Ecuador that heavily rely on hydroelectric plants to generate.

TomaGold consolidates Monster Lake, acquires Irene Lake property

TomaGold will own a 50% interest in the Monster Lake property, with IAMGOLD holding the other 50%.

Benchmark extends Phoenix in Golden Triangle

The company drilled 730 metres across seven holes.

Cryptocurrencies vs precious metals – which are more energy-intensive to mine?

New research reveals that cryptocurrency mining expends significantly more energy compared to the mining of natural resources.

Asia Gold-China premiums up on investment demand; Indian market on hold

While the general Chinese sentiment is very bullish on the gold price, in India retail buying is weak due to Khar Mass and higher prices.

The rising cost of socially responsible investing: Mark Gilbert

As the saying goes, if you think knowledge is expensive, try ignorance.

Endeavour Mining increases stake in Ity gold mine to 85%

The Canadian miner now owns 85% of Ity, the government of Ivory Coast 10% and State-owned mining company Sodemi the remaining 5%.

Orestone Mining expands Captain project

The Vancouver-based miner is staking an additional Cu-Au porphyry target.

Newmont cuts 120 jobs at Nevada gold mining operation

Newmont also cut overall production guidance for its North American operations for 2018.

Alamos Gold drills highest grades yet at Island mine

Alamos said the high grade mineralization is known to extend 1,000 metres east of the current mine working.

Barkerville cuts long and strong intersections at Cow Mountain

The best hole assayed 8.70 g/t gold over 3.4 metres, including 169.50 g/t over 0.5 metre.