The deeper the mine, then the bigger the savings.
Gold Mining News
Deal is part of Chaarat’s intention of becoming a major regional player in Central Asia, with an annual production of 1 million ounces, which aims to reach through acquisitions.
Exploration at the Loner and the Black Star properties was first carried out at the beginning of the 20th century.
The gold miner has given up on Kumtor and decided to focus its efforts on completing a deal for Armenia-based Kapan Mining instead
Zimbabwe's mining industry is facing “severe viability challenges” because of the shortage of hard currency
Grant supports innovation to cut greenhouse emissions, which the gold miner will do by opening the first underground mine in Canada to replace all diesel mobile equipment with battery electric vehicles.
Rockcliff is testing the gold potential of the Laguna property in partnership with Kinross Gold.
The property that the Toronto-based miner wants to buy is called the McKenzie Gold property and it is located just northwest of Red Lake.
Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.
Scotiabank's Mocatta metals arm has for years been the world's biggest lender to the physical precious metals industry.
The Gualcamayo acquisition adds 491,000 ounces of gold in reserves and 2.28 million ounces of gold in indicated mineral resources.
The production forecast has been revised to 230,000 ounces of gold for this year.
Gold-copper-silver mineralization discovered at Azimut’s Munischiwan property in the James Bay region.
While Kibali has been a crowning achievement for Randgold, it’s set to challenge Mark Bristow's trouble-shooting skills even before he takes over as CEO of the enlarged company.
Rules threaten the diamond and uranium producer's ability to attract investment.
The goal: to stop the metal’s use as a convenient financing tool for South American guerrillas, armed African rebels and drug traffickers.
Santa Luz is a fully constructed open pit mine, which originally started production mid-2013 but was placed on care and maintenance in 2014.
Hurricane Willa made landfall on Mexico's Pacific coast as a Category 3 on October 23, 2018.
The protesters have blockaded the access road directly outside of the main gate of the mine.
The project, located in the San Juan province, is about 10km from the border with Chile, the world’s No. 1 copper producer.
The project would make Kışladağ a nine-year, 270,000-ounce-per-annum gold mine.
Less than a year after B2Gold declared commercial production at its 80%-owned Fekola mine, the gold producer has updated the mine’s resource estimate.
The combined miner plans to focus on Tier 1 assets, those producing at least 500,000 ounces of gold annually, with a mine life of more than 10 years and low costs.
Responsible Artisanal Gold Solutions Forum announces first conflict-free supply chain from Dr Congo Artisanal Gold Mine to retail in USA
With support from USAID, a pilot project was implemented in South Kivu, DRC to establish a conflict-free supply chain for artisanal gold.
Operating results were hurt by lower output of all metals from the company’s Peñasquito mine, while costs climbed.