Gold Mining News

Why the commodity supercycle is favoring investors right now

Precious, base and energy metals are all benefiting from the commodity supercycle, says Louis James, editor of International Speculator

Silver miners’ Q3’17 fundamentals

Covering everything from stocks, miners, and geography, Adam Hamilton provides a thorough analysis of silver during the third quarter of 2017.

Asia gold-demand sluggish as high prices deter buyers

"Stable prices at higher levels have kept gold buying subdued," said Dick Poon, general manager at Heraeus Metals Hong Kong Limited.

Mexico says no link between killings and dispute at Canada's Torex mine

Two men were killed on Saturday at a road blockade mounted as part of a workers demonstration at Torex’s El Limón-Guajes gold mine.

Osisko Mining, Canadian junior team up to speed up gold exploration in Ontario

Osisko and Canadian Gold Miner Corp. have acquired a historical gold producer as well as an option for an exploration land package, both in Ontario’s gold-rich belt.

Colombian First Nations rally against mining in the world’s highest mountain/coastal system

The Arhuaco tribe believes mining in the area threatens both the natural environment and the physical and cultural survival of Indigenous communities.

Marmota to process ore at its neighbour’s mine

The South Australian company is exploring different avenues to be able to bring its Aurora Tank project into production.

Mickey Fulp talks seasonal trading patterns for gold, TSX venture stocks

Mercenary Geologist Mickey Fulp says he expects good results from one zinc explorer in particular...

Brazilian miners up in arms as lawmakers hike iron ore, gold royalties

They claim it won’t be possible to cut costs enough to offset the higher levies, and warn that some miners may need to pass on this new cost increase to the industrial production chain.

Chile’s Escondida workers on strike to protest layoffs

Union claims BHP has laid off about 3% of the mine's workforce without a "legitimate reason."

Southern Copper says Peru operations normal despite strike

This is the third strike this year over profit-sharing staged by the company’s unions and it affects Southern Copper's two mines in the country — Cuajone and Toquepala.

Canadian producer wants to expand Arizona gold mine

Northern Vertex says its Moss project has the potential to be “America’s next gold mine.”

Canadian miner loses appeal to move human rights lawsuit to Eritrea

Eritreans' case against Nevsun likely to proceed in Canada.

Money ‘tsunami’ may spur quadrupling of gold prices, McEwen says

According to the McEwen CEO, prices could surpass $5,000 an ounce in five years from about $1,280 now.

These doomsday preppers are starting to switch from gold to bitcoin

Doomsday preppers in North America bet on bitcoin; cryptocurrency is starting to impinge on gold's appeal.

Brazil's Congress approves higher mining royalties

Brazil's lower house passed a bill that would boost royalty rates on iron ore by 75%, as both houses voted in a win for President Michel Temer's reform agenda.

South African gold miners' silicosis lawsuit nearing settlement

Lawyers acting for thousands of gold miners who contracted lung diseases at work in SA mines say an out-of-court settlement could be reached by December.

Commodities facing another tough year in 2018, JPMorgan says

Overall commodity returns have been lackluster this year, and face more poor performance in 2018, according to JPMorgan Chase & Co.

LME launches probe on cobalt suppliers over fears of child exploitation

The LME has sent a directive to all suppliers asking them to detail how they guarantee “responsible sourcing” of the commodities they trade in the exchange.

Sibanye-Stillwater soars on surprise $93 million-move on DRDGold

The South African miner is exchanging a number of gold-processing assets and tailings storage facilities for a 38% stake in DRDGOLD.

Endomines takes a new direction – New shareholders, rights issue and expansion to North-America

The gold mining and exploration company has raised nearly 20 million euro with a rights issue for the acquisition of gold projects in North America.

Monarca Minerals wants to acquire property in Chihuahua

San José is a 5,580-hectare property that shows multi-element mineralization.

Massive drilling campaign underway at legendary Russian gold deposit

Polyus starts 180,000m drilling campaign to update mineral reserve as early as July for 58 million ounce Sukhoi Log deposit explored since 1960s.

Copper Mountain bids $70M for Altona Mining

The Vancouver-based miner wants to form a major new copper producer.

Canadian agency clears up world’s largest gold project permitting process

Canada’s National Contact Point (NCP) said complains from an Alaskan group don't merit further examination, closing the file after only the initial assessment level of review.