Gold Mining News

East Africa Metals and Luck Winner fail to agree on Ethiopian projects financing

“Despite the best efforts of both parties, negotiations failed to define a viable transaction," management said in a media statement.

Avaaz launches campaign against Belo Sun’s massive Brazilian mine

The U.S.-based online activist network launched a campaign to gather signatures to oppose the construction of the Volta Grande project.

Calls for gold exploration on Warwick Mountain delayed

The 30,000-hectare terrain between Earltown, Tatamagouche and Wentworth is considered to have potential for the development of multiple gold mines.

Randgold reports record year

At year-end, the company had net cash of more than $700 million and no debt.

Gold particles make the invisible visible

A researcher was able to optimize single-molecule detection using gold nanorods.

Trade wars, metals, and you

Geopolitical risk, geopolitical turmoil, the threat or the idea of such is always good for gold.

Eldorado Gold updated Greek mine plan reduces 'footprint'

The Skouries gold mine project report updates a 2011 plan with industry-best practices for waste water management and tailings.

Unloved gold juniors ripe for the picking

Investors who choose to sell or already have sold their gold shares could be missing out on the next big gold run-up.

Goldcorp deposits 3,000 ounces of gold in blockchain 'milestone'

Goldcorp Inc made the first gold deposit on Tradewind Markets' new digitized trading platform, the companies said on Thursday.

Exploration spending in Canada’s poorest regions keeps sliding

The Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, will see exploration investment to drop again in 2018, Natural Resources Canada says.

Gold forges its best run since 2011

Bullion’s wrapping up a third quarterly gain, a feat not seen since 2011, and exchange-traded fund holdings are near the highest in a half-decade.

Miners ask Congo to introduce sliding royalty scale

The proposal, signed by companies responsible for 85% of the DRC's copper, cobalt and gold output, suggest that sliding royalties will give the government a higher share of revenues.

Canada’s Asanko, South Africa’s Gold Fields team up in $203m Ghana JV

Companies are teaming up to develop one of the country’s newest gold mine, the Asanko Gold Mine (AGM).

Barrick Gold founder Peter Munk dies at 90

The company said its founder and chairman emeritus, Peter Munk, passed away Wednesday in Toronto, surrounded by his family.

Kinross closer to making decision on reopening gold mine in Chile

Operations at La Coipa mine, located in in northern Chile, were halted in 2013, when the targeted orebody run out of riches.

Aura Minerals wants to reactivate projects under care and maintenance

The miner is working towards reactivating its Aranzazu and São Francisco gold projects in Mexico and Brazil, respectively.

Sibanye-Stillwater partners with Wits to create the 'mine of the future'

In partnership with the Wits Mining Institute (WMI) at the University of the Witwatersrand, the company launched the Sibanye-Stillwater Digital Mining Laboratory (DigiMine).

DRDGold okays Sibanye-Stillwater $110 million-assets exchange deal

South Africa’s top gold producer has secured a 38% stake in DRDGold in exchange for some of its assets, which boosts the mid-tier gold miner’s reserves by 91% to 5.7 million ounces.

How resource companies are using the blockchain

The diamond business has been one of the first to embrace blockchain technology wholeheartedly.

Copper price: 120% premium for Brazil junior another bullish sign

Oz Minerals offers top dollar for Avanco which boasts top private equity players and Glencore as major shareholders.

Gold and the dollar

What happens to gold over the next couple of weeks will be mostly determined by what happens in the currency market.

The world’s biggest investors have lost $436bn in 2018

The beneficiaries are gold and treasury yields, with gold rallying and treasury yields declining as investors seek safe havens.

Could the stars be aligned for $1,500 gold?

In response to a number of factors, gold is up close to 3% in 2018, compared to the S&P 500 Index, down 2.4%.

Global gold investment seen rising for 5th year in 2018 -CPM

CPM forecast net gold investment at 20.3 million ounces during 2018, a 6.6 percent rise from its 19.1 million ounces in 2017.

Copper Mountain gains approval for $71m acquisition of Altona

The combination of the two companies will result in a mid-sized copper miner, with an expected annual production of about 73,000 tonnes of the metal.