Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past 10 years.
Gold Mining News
Output will continue to shrink as miners chase ever-deeper ore bodies while struggling to keep costs down.
Anticipate before you participate in the market.
It’s getting ugly out there. Commodities are getting shaken up as investors fret about the fall-out from the global trade war.
South Africa's Harmony Gold said on Monday annual bullion production for 2018 has exceeded its guidance, boosted by its Moab Khotsong operation.
Newmont Mining is the largest user of Cat underground vehicle automation technology in the western hemisphere.
Dushnisky will join AngloGold in September, ending the search to replace Srinivasan Venkatakrishnan, who left the world’s third-biggest gold miner in April to run India’s Vedanta.
"Not a typical financing vehicle for non-revenue generating exploration companies."
The public is being asked to review and provide feedback on Donlin’s reclamation and closure plans.
The company was deemed not eligible for an automatic approval of its drilling permit for the Cerro Hermoso project.
The dollar erases most of its gains and treasuries strengthened after President Donald Trump criticized the Federal Reserve for raising interest rates.
Koricancha is located about 50km from Inca One’s own processing facility and the potential to produce 50,000 to 75,000 ounces of gold a year.
Paulson & Co has threatened to replace Detour's board if it does not successfully explore strategic alternatives, including a sale, and look for a new chief executive.
From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
Major is interested in acquiring Detour.
The Maritime-based junior is drilling its Pilar Gold Project in Sonora, Mexico.
The Dmitrii Donskoi is believed to have sunk in a naval battle 113 years ago, carrying the treasury of the entire flotilla, which would have included port expenses, as well as salaries of sailors and officers.
Producers have been giving above-inflation wage hikes for years, adding to the cost burden of an industry that has been battling in the face of depressed prices, labour unrest and soaring power bills.
Shares in the miner jumped more than 3% after both quarterly and full-year production rose 3% on improved productivity.
Go Gold announces sales of 382,150 silver equivalent ounces for the quarter ended June 30, 2018, which was an increase of 34% over the previous year.
Anglo-Asian Mining gold production goes up by 43 percent in the first half of 2018.
South Africa's Solidarity trade union will accept a three-year wage offer from state-run power utility, Eskom.
Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals — copper, aluminum, zinc, lead, nickel and tin.
The base metals producer said that, while it has not yet received a formal offer from Lundin, the bid announced Monday the bid ignores the fundamental value of the company and its assets.