Gold Mining News

Goldcorp shares slide after drop in output

Slump in production at Cerro Negro and Red Lake mines behind 153koz year on year drop in first quarter.

This Nintendo is made of 24K gold and it’s being auctioned right now

A couple of video games-lovers has put one of the only 10 such consoles that were sold out last year, up for auction on eBay.

Lumber tariff could boost Canadian gold miners

The tariff the Trump Administration plans to slap on Canadian lumber imports should lead to a further weakening of the Canadian dollar.

Newfoundland’s champion moves towards gold production – Maritime Resources Corp.

The hottest province for mining exploration is not Ontario, Quebec, or even the Yukon. It is actually Newfoundland, where a staking rush has quietly taken over the province.

Philippines extends mining ban, now forbids open-pits

Prohibition only affects planned mines, not the ones currently in operations, but it will take effect immediately.

Fresnillo silver output up almost 11pct in first quarter, but gold falls

The firm, the world's largest primary silver producer and Mexico's second-largest gold miner, said output of the grey precious metal hit 13.5 million ounces in the quarter.

Gold down for 3rd straight session as dollar firms on tax-plan unveiling

Gold futures traded around their lowest level in just over two weeks.

Gold stocks sell off – Barrick drops 11%

Gold price under pressure.

Loulo-Gounkoto sets sights on another big year as Morila legacy project takes shape

The Morila operation continues to deliver value in its post-mining phase while progressing plans to develop the site into a commercial agricultural hub after its closure in 2019, Randgold Resources chief executive Mark Bristow said at an on-site media briefing today.

Freeport shares off to the races on Grasberg update

World's top listed copper miner cuts production outlook for the year, but impact of dispute with Jakarta more contained than thought.

Sibanye Gold investors OK $2.2bn acquisition of Stillwater

Shareholders voted overwhelmingly in favour of the cash takeover, which will make the South African firm the world's No.3 palladium producer and No.4 platinum group metals miner.

Caterpillar soars as first quarter sales jump for first time in over two years

The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.

Barrick shares hammered after slashing production guidance

Ongoing problems at its Veladero mine in Argentina following spill.

Newmont lifts gold production by 9%

World number two gold miner increases output to 1.23m ounces in the first quarter – Ghana expansion will add more ounces from next year.

Hey Watson! Is there gold in them thar hills?

Geologists start to drill into artificial intelligence.

Silver reaching a major inflection point – investors beware

David gives credit to Ted Butler’s continual analysis of the Commitment of Traders report, which David highlight’s often in his newsletter.

Dark Star shining brightly for Gold Standard Ventures in Nevada

Exploration company Gold Standard Ventures has reported multiple results from its Dark Star prospect at its 100%-owned Railroad-Pinon project over the past week and a half.

ORENINC INDEX up as gold sees volatility

The Oreninc Index showed growth again in the week ending April 20th, 2017 to 65.15 from 54.67, despite gold having a volatile week.

When will gold stocks catch up to gold prices?

Gold actually outperformed the BGMI, an index comprised of the largest gold mining stocks, from 1976-1980!

Galantas Gold plummets as it halts Irish mine expansion on terrorism fears

The miner had to put its plans on hold because the Police Service of Northern Ireland said it cannot secure daily anti-terrorism cover for its blasting operations at Omagh gold mine.

Despite difficulties, Randgold set to expand Tongon past 4 years

Africa-focused gold producer has confirmed "multiple opportunities for extending the life of the operation beyond the current four-year horizon."

Mount Polley permitted to pipe treated wastewater into Quesnel Lake

Imperial Metals (TSX:III) has been granted a water discharge permit from the B.C. government that will allow the company to flow treated mine wastewater from the Mount Polley mine into Quesnel Lake.

Siberian gold mine collapse kills two

Two gold miners are dead and one is in critical condition after an underground gold mine near the Siberian city of Chelyabinsk partially collapsed.

An undervalued mining play in a storied gold district

Fortunes are made, and sometimes lost, in the great mining rushes that drive people, prospectors and dollars on the heels of exciting discoveries.

Gold upleg momentum building

Gold’s young upleg just enjoyed a major upside breakout, bolstering strong technicals and heralding a coming Golden Cross buy signal.