“Despite the best efforts of both parties, negotiations failed to define a viable transaction," management said in a media statement.
Gold Mining News
The U.S.-based online activist network launched a campaign to gather signatures to oppose the construction of the Volta Grande project.
The 30,000-hectare terrain between Earltown, Tatamagouche and Wentworth is considered to have potential for the development of multiple gold mines.
At year-end, the company had net cash of more than $700 million and no debt.
A researcher was able to optimize single-molecule detection using gold nanorods.
Geopolitical risk, geopolitical turmoil, the threat or the idea of such is always good for gold.
The Skouries gold mine project report updates a 2011 plan with industry-best practices for waste water management and tailings.
Investors who choose to sell or already have sold their gold shares could be missing out on the next big gold run-up.
Goldcorp Inc made the first gold deposit on Tradewind Markets' new digitized trading platform, the companies said on Thursday.
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.
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.
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.
Companies are teaming up to develop one of the country’s newest gold mine, the Asanko Gold Mine (AGM).
The company said its founder and chairman emeritus, Peter Munk, passed away Wednesday in Toronto, surrounded by his family.
Operations at La Coipa mine, located in in northern Chile, were halted in 2013, when the targeted orebody run out of riches.
The miner is working towards reactivating its Aranzazu and São Francisco gold projects in Mexico and Brazil, respectively.
In partnership with the Wits Mining Institute (WMI) at the University of the Witwatersrand, the company launched the Sibanye-Stillwater Digital Mining Laboratory (DigiMine).
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.
The diamond business has been one of the first to embrace blockchain technology wholeheartedly.
Oz Minerals offers top dollar for Avanco which boasts top private equity players and Glencore as major shareholders.
What happens to gold over the next couple of weeks will be mostly determined by what happens in the currency market.
The beneficiaries are gold and treasury yields, with gold rallying and treasury yields declining as investors seek safe havens.
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%.
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.
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.