Gold Mining News

Canadian miners to implement voluntary principles on security and human rights

Several MAC members already formally participate in the Voluntary Principles on Security and Human Rights Initiative (VPI) and several others apply the VPs for their operations abroad.

Gold, silver prices are getting clobbered

Gold suffers its worst trading day of 2017 while silver is down 4.2%.

CAT shares hammered as feds search offices

Federal officials executed a search warrant at three of Caterpillar facilities, including the corporate headquarters in Peoria.

The Joburg township where outlaws make the rules

t’s dangerous‚ often fatal‚ but illegal underground gold mining is pretty much all that sustains the economy of Lindelane‚ a sprawling township of tin shacks and shebeens near Benoni‚ to the east of Johannesburg.

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

Copper price jumps on Grasberg grind, Escondida escalation

Freeport sees "fundamental shift" at iconic mine as Indonesian spat gets heated and dispute at giant Escondida copper mine in floods-hit Chile turns ugly.

Newmont open to new partner to expand Yanacocha gold mine in Peru

A potential expansion would allow South America's largest gold mine generate about 200,000 ounces of the precious metal per year between 2020 and 2025

China closing 150 gold mines

Top gold producing country wants to modernize and consolidate its mining industry.

Scientists discover why world’s richest ore deposits were formed

Scientists have discovered why some of the richest ore deposits on the planet, such as copper, zinc, silver and uranium, were formed in the middle period of Earth’s history.

Explorers frustrated with waiting times for permits in B.C., the Territories

On the level of transparency in the approvals process, jurisdictions in the US, Australia and Scandinavia performed better than Canada, a fresh report by the Fraser Institute, shows.

Canada’s Saskatchewan and Manitoba are the world's new top mining destinations

Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.

Copper price: Escondida deal beginning to look distant

BHP Billiton and union at world's largest copper mine can't even agree whether talks are happening or not.

Citigroup: Gold price set to top $1,300 this year

VIDEO: Gold's enjoying "positive momentum" says David Wilson, head of metals research at Citigroup.

Hedge funds up bullish gold price bets most since Trump win

Gold builds on 15-week highs as large-scale derivatives speculators bump exposure to a rising gold price by a fifth, the most bullish move since November 1.

Acacia Mining says West Kenya project holds high-grade gold

With six drill rigs currently active on site, and two more to follow soon, Acacia expects to increase the resource to 2 million ounces by the end of the year.

10 mines still making good money if the gold price falls 50%

The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.

Gold, silver prices at 15-week highs as Trump trade unwinds

Precious metals erase nearly all post-election losses – silver price enjoys longest weekly winning streak in more than a decade.

US Lithium to mine for copper, nickel, cobalt in Canada’s Saskatchewan

The Gochagar Lake project, until now property of Diamond Hunter, consists of four claims covering 3,759 hectares located in northern Saskatchewan.

Endeavour extends Karma mine’s life to over 10 years

A drill program at the mine's North Kao deposit has added 262,000 ounces to the reserves, extending Karma's life to more than 10 years.

Pan American Silver boss just gifted $4 million to the Canadian Museum of Nature

The donation by the company's founder Ross Beaty aims to enhance the museum’s national research and collections that are focused on species discovery.

Mining exploration spending drops to 11-year low

Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.

GFG Resources secures financing to stoke Rattlesnake Hill Gold Project

GFG Resources has closed a CA$5 million bought-deal financing, securing funding for ongoing exploration at its flagship Rattlesnake Hills gold project in Wyoming.

The discoveries keep on coming for Balmoral Resources

Balmoral Resources Ltd. announced that drilling has extended the Bug South gold deposit on the Martiniere Property in Quebec to a depth of 350 vertical meters and it "remains open down-plunge below this level."

Is this the holy grail of gold mining?

Inventor and CEO of New Gold Recovery Inc., Anastasios Morfopoulos, appears to have found the holy grail of gold mining - a low cost, environmentally friendly recovery system that extracts up to 95% or more of the gold and other precious metals.

These five companies are ready to “disrupt” the mining industry

Integra Gold Corp. and Goldcorp Inc. are pleased to announce the five finalists and 11 semi-finalists for #DisruptMining.