Gold Mining News

GT Gold expands Saddle South mineralization

The target is on the company’s flagship Tatogga property near Iskut in British Columbia’s Golden Triangle.

Key support levels for gold miners & gold juniors

Gold stocks have to do more to confirm they are in a new bull market.

Gold market in 2019: WGC versus LBMA

Both the WGC and LBMA published outlooks for the global economy and gold market in 2019. Who is right?

South Africa's Sibanye-Stillwater may restructure loss-making gold shafts

Gold producers in Africa's most industrialised economy, have seen profits squeezed by rising costs, labour unrest and declining grades.

Newcrest sells Côte d’Ivoire project to Canada’s Roxgold in $30 million deal

Roxgold believes the project has near-term development potential due to its Antenna deposit, which hosts an inferred resource of 5.8 million tonnes.

Harmony Gold in talks to build solar power plant

Eskom's troubles are a big headache for heavy energy users in South Africa, particularly gold mining companies.

China scoops up more gold for reserves as global risks mount

While China’s holdings are the sixth largest by country, they account for only 2.4 percent of reserves, compared with more than 70 percent in Germany and the US.

Bougainville’s $58B gold-copper mine rights safe for now as Mining Act changes rejected

The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law.

Northern Star shares up on better-than-expected exploration results at Alaska mine

The company’s stock closed Tuesday in Sydney 1.82% higher at A$8.97 on the news.

Benchmark drills 52 g/t Au and 846 g/t Ag over 3 metres

Drilling at Dukes Ridge in 2018 returned a best assay of 52 g/t gold and 846 g/t silver over 3 metres within a larger interval of 33.52 metres that graded 5.8 g/t gold and 128.7 g/t silver.

Golden Predator shares first bulk sample results

The overall grade for the bulk sample is estimated to be 20 g/t gold.

Central bank gold demand spikes to highest in nearly 50 years!

Perhaps it is no coincidence that the New York Fed made a stunning admission this week that the US dollar could lose its reserve status.

Russia's central bank to pay less for domestic gold from May

Russia has overtaken China to become the world's fifth largest state holder of gold.

As Maduro digs in, his aides hunt for emergency escape route

Nicolas Maduro is under pressure at home and abroad, and being encouraged by the U.S. to go to “a nice beach somewhere far from Venezuela.” The question is where would -- or could -- he go?

Pure Gold Mining releases feasibility on Madsen in Red Lake

Madsen is one of the highest grade undeveloped gold deposits in the world.

SEMAFO tables maiden resource at Bantou gold zone

SEMAFO expects to produce between 390,000 oz. gold and 430,000 oz. gold in 2019.

AngloGold to pour first gold at Obuasi mine by year end

The miner has completed the first week of underground development blasting at its Obuasi mine, in Ghana.

Italian populists target huge gold reserves and some cry foul

The gold ownership bill presented by euroskeptic lawmaker Claudio Borghi of the League adds to an already tense relationship between the Bank of Italy and the coalition government.

Vancouver miner to partner with Zijin for gold project in the Kyrgyz Republic

The project encircles the Taldybulak Levoberejnyi Mine, which was recently built by Zijin and contains 3.2 million ounces in reserves and resources at a grade of 7.2 g/t.

Fastest-growing gold ETF using fee war to redefine industry

GraniteShares Gold Trust founder, Will Rhind, is in the midst of a fee war with his former employer and other ETFs that’s helped boost his fund’s value to $458 million, from less than $12 million a year earlier.

Peruvian authorities looking into possible tailings dam spill at Southern Copper’s Cuajone mine

The country's environmental agency OEFA detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the copper mine, located in the Moquegua region.

Russia's Polyus reports jump in profit on rising gold sales

The country's largest gold producer reported a 20% jump in fourth-quarter adjusted net profit to $291 million compared with last year, lifted by increased production and rising sales of the metal.

Tanzania row overshadows Acacia's upbeat output, cost figures

Shares in the gold miner are up more than 50% since September when Barrick said it was buying Randgold Resources and when Mark Bristow was named as chief executive, taking over as head of the merged entity from January.

Minerals Council of Australia calls for tax, workplace law reform

According to the industry group, such reform would encourage additional investment in capital and technology.

Gold stocks gather steam

Gold stocks’ young upleg is gathering steam, marching steadily to higher lows and higher highs.