Gold Mining News

Newmont begins production at Tanami expansion project in Australia

Company expects to increase gold production at Tanami by 80,000 ounces annually, reaching between 425,000-475,000 ounces a year.

Peru to auction $2 billion Michiquillay copper project in November

The massive project is expected to process close to 80,000 tonnes of copper ore a day.

Canada’s Trevali among world’s top zinc producers with Glencore mines buy

Acquisition makes of the Canadian miner one of the few multi-asset, low-cost global zinc producers.

Greece to begin arbitration process over Eldorado mine plans next month

Government said it expects to settle its differences with the Canadian miner, which is developing the Skouries and Olympias projects in northern Greece, where it also operates the Stratoni mine.

SolGold on a roll in Ecuador, extends mineralization at Cascabel

The Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world’s copper known reserves.

Bodies of last missing miners recovered from Harmony mine in South Africa

Death toll has risen to five after a tremor rocked the firm's Kusasalethu mine last week.

The swamp strikes back

On August 21st many Americans witnessed the moon cast a historic but short-lived shadow across the United States. One day later, President Trump reversed his previously stated position on the 16 year old Afghan War, thereby eclipsing the possibility that the United States would finally come to its senses and rethink a failed strategy that is likely to fail for years, perhaps decades, to come.

EY's Canadian mining eye index sees struggles in Q2

The loss was in part due to weakness in the price of nickel, with zinc remaining flat and copper seeing a slight increase.

Brazil judge blocks decree allowing mining in Amazon

Federal judge Rolando Spanholo said opening the area known as Renca to mining can only be done by an act of Congress under the constitution.

Romania wants former mining city of Rosia Montana to be pulled from UNESCO list

Move could mean good news for Gabriel Resources' long-stalled namesake gold project.

Sibanye halts divvy for first time as it swings to loss

The miner, South Africa’s largest gold producer, said that in the absence of a dividend, it’ll give investors two new shares for every 100 held.

New maiden resource could lift value of gold miner

Analyst Andrew Kaip with BMO Capital Markets upgraded his rating and target price on this Canadian gold company after modeling the impact of an upcoming estimated resource on its overall production.

Worker dies at Eldorado Gold Skouries project in Greece

Contractor employee was struck by a branch from a falling tree, resulting in fatal injuries.

US to extend ban on mining near Yellowstone national park

US Interior Secretary Ryan Zinke wants to speed up a two-year review of mining on more than 30,000 acres just north of the park.

Irish court approves Dalradian takeover of Minco

Toronto-based miner gains control over a 2% net smelter return royalty on the Curraghinalt gold project, in Northern Ireland.

Freeport to yield control of giant Grasberg copper mine to Indonesia

The company has greed to reduce its stake in the Grasberg mine to 49% in exchange for licenses to operate the massive copper and gold pit until 2041.

Brazil to redo Amazon mining decree after criticism

Brazil's government will revise a decree that opened up a vast mineral reserve in the Amazon rainforest to mining responding to overwhelming criticism.

Gold price leaps to 10-month high

Hedge funds flock to the gold market.

Oreninc Index – Monday, August 28, 2017

Oreninc Index falls as vacation season continues.

Gold landlords look to small royalties for big payday

How Franco Nevada’s founders built a 8,250 bagger and a new gold royalty startup following in their footsteps.

Third trapped miner dies at Harmony Gold South Africa mine

Two more remain missing after they were trapped underground following an earth tremor last week.

Caterpillar to build solar power plant for B2Gold Otjikoto mine in Namibia

The Canadian gold miner chose Caterpillar and Barloworld for 7 MW solar power installation at Otjikoto mine in Namibia.

Tremor kills 2 at Harmony Gold mine

Two miners have been killed in an underground mine collapse in South Africa caused by an earth tremor.

Gold juniors’ Q2’17 fundamentals

The junior gold miners’ stocks have spent months grinding sideways near lows, sapping confidence and breeding widespread bearishness.

Canadian miner 'flush with cash' producing

A miner with spending money just increased its fleet and made another giant leap forward in expanding its already producing Nevada project.