Gold Mining News

Gold major positioned as 'Preferred large gold producer under coverage'

BMO Capital Markets reported this producer's progress during Q3/17.

Zinc producers in spotlight as demand powers past supply

According to the International Lead & Zinc Study Group, the 10 largest zinc companies account for roughly 45% of world total, leaving plenty of room for smaller producers to grow.

Sibanye-Stillwater shuts down Cooke gold mine, about 7,000 laid off

Company said it would keep its Beatrix West gold mine running for as long as it makes a profit, on average, over any continuous period of three months.

Gold demand from China picks up again

Total gold consumption, including jewellery and bullions but excluding the central bank’s purchases, rose 16% to 815.9 tonnes in the first nine months of the year.

One dead at SSR Mining Marigold mine in Nevada

The incident involved contact between a haul truck and a light vehicle within the open pit operations at the gold mine.

Anti-bribery, corruption, and disputes – it's not as easy as ABCD

For energy, mining, and resources companies, the cost of corruption — and getting caught — is high.

Alaska gold mega-project on track

The final environmental report from the U.S. Army Corps of Engineers is expected to be delivered in 2018.

Rebirth in Nevada for gold explorer

Michael Ballanger examines a company with an earn-in agreement for a project at the confluence of three gold trends in Nevada.

More than 2,000 miners sacked at Sibanye’s Cooke gold mine

Miners who received a termination letter will hold a mass meeting at the mine Wednesday morning.

Oreninc Index Update: October 30th, 2017

Oreninc Index increases financings pick up.

The world is running out of gold mines—here’s how investors can play it

My good friend Pierre Lassonde, cofounder and chairman of Franco-Nevada, doesn’t know how we’ll replace the massive gold deposits of the past 130 years or so.

Top paid positions at Canadian mines

General managers average $212,790 per year at Canadian mines

Jekyll Island Series – Ken Berry: America’s next producing gold mine

Northern Vertex CEO Ken Berry discusses how they are nearing production with their mine in Arizona.

The Polyus power play

The next few years will likely see the biggest shake-up of gold mining's top tier in a decade.

China’s importance in the gold market

China has been accumulating a lot of bullion over the past decade. It is also the largest producer of gold in the world and – along with India – one of the biggest consumers of the yellow metal.

Major with cohort of Mexican mines is on track to achieve 2017 production guidance

BMO Capital Markets reviewed this silver and gold miner's Q3/17 production results.

All of the world’s money and markets in one visualization (New!)

We've re-made our most famous infographic of all-time to show you all of the world's money and markets in one giant data visualization!

Nova Scotia miners call for better balance in protected areas plan

The Mining Association of Nova Scotia is calling on the provincial government to strike a better balance between protecting jobs and protecting land.

Imperial Metals announces $5 million private placement from billionaire backer

Imperial Metals reduced metal production targets earlier this month.

Recovering global miners face fresh squeeze from rising costs

Mining companies, including Newmont Mining Corp, Teck Resources and Barrick Gold Corp, reported increased costs this week in their quarterly earnings.

Small mining companies shun London market after IPO flops

Lacklustre performances by small mining companies on the London Stock Exchange are driving rivals in need of cash to find alternative ways to raise capital.

Malartic gold mine class-action lawsuit trial begins

People living close to the large open pit mine in Quebec’s Abitibi region, want to be compensated for damages related to dust, noise and explosions they claim to have been exposed to for many years.

Sibanye-Stillwater's gold output up 4 pct quarter

The mining company said gold production rose to 11,576 kg in the three months to September 30 while group operating profit was $216.8 million.

Barrick shares crater as Tanzania troubles grow

Disappointed shareholders sink Barrick Gold shares 7.6% after $300m settlement with east African country over export ban is labelled a "downpayment".

Gold miner Newmont's higher costs cast shadow on profit beat

The miner said its all-in sustaining costs to produce an ounce of gold rose $18 to $943 due to higher exploration and project expenses.