Gold Mining News

Canadian junior Millbrook aims to lead Cuba's mining pack

In late April, Millbrook Minerals became the first copper-zinc explorer to sign an International Economic Association (IEA) contract with Cuba's GeoMinera, becoming the first Canadian firm to sign a deal with the Island since the mid 90’s.

Gold mine in Oregon “worth building”

The Grassy Mountain Gold project is expected to produce 47,000 ounces of gold and 50,000 ounces of silver for 7.25 years.

Vancouver miner expanding in under-explored area of Atlantic Canada

According to Labrador Gold, the Florence Lake belt is significantly underexplored for gold compared to greenstone belts elsewhere in the world.

Meghan Markle makes gold sales sparkle

The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected.

Asia Gold-Demand fades as prices recover; India discounts widen

Physical gold demand remained subdued this week in most Asian hubs as prices rebounded following an initial dip.

Gold miner Centamin cuts output targets on lower grade ore

Gold output in 2018 will now be between 505,000 and 515,000 ounces, compared with a previous forecast of 580,000 ounces, Centamin said.

Gold juniors’ Q1’18 fundamentals

Juniors are ready to soar when gold sentiment turns.

Militia kills five in attack on Banro Corp's east Congo gold mine

Fighting between the Congolese army and a local militia in eastern DRC forced Banro to suspend operations at the Namoya gold mine for a month in mid-2017.

Pebble developer craters after copper giant pulls out

Northern Dynasty stock drops 32% after pact with First Quantum to build giant Alaska copper-gold mine collapses.

June hike is coming. Will gold survive?

The recent Fed’s monetary policy statement did not bring good news for the gold market.

Mining capital projects: Are you ready for the next CapEx investment cycle?

With new technologies providing opportunities for growth, mining companies are preparing to launch into a new wave of investment.

Anglo Asian copper, gold, silver miner moots maiden dividend

Anglo Asian Mining said on Thursday it was considering paying its first dividend now that it had reported a profit, cut debt and built up cash.

Mergers and acquisitions in Canada stage exceptional comeback in Q1

However, the Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 8% in the three months to March 2018.

Polyus expects 2018 gold output at top of forecast range

Polyus, Russia's largest gold producer, said 2018 production was likely to be at the upper end of its forecast range of 2.375-2.425 million troy ounces.

Sibanye-Stillwater accuses union of following ‘agenda’ to harm reputation

The Association of Mineworkers and Construction Union (AMCU) said the company failed to take precautions two avoid injuries at its mines earlier this week.

Freeport’s Grasberg jujitsu move will pay off

There’s a well-thumbed playbook for how deals involving gold mines in the remote jungles of Indonesia are meant to turn out.

AngloGold Ashanti to axe 2,000 jobs as it shrinks footprint in South Africa

The company’s remaining South African assets are the Mponeng underground gold mine, and a surface operation.

Mining companies still reluctant to tap Argentina deposits

Lack of clarity on environmental rules, overlapping federal and local taxes, and regulations that vary from province to province continue to loom over proposed mines.

Rio Tinto about to offload stake in Grasberg mine for $3.5 billion

Company confirmed is in talks to sell its stake in the world’s second largest copper mine to Indonesia’s Inalum.

Mayday, mayday, gold is sinking!

An irresponsible U.S. fiscal policy seems to be the only bullish gold’s driver in operation right now.

Blockchain will completely revolutionize how we mine gold and precious metals

Tracking metals across the supply chain has become increasingly important to businesses and consumers - with blockchain, there’s no hiding anything.

Goldcorp says Peru and Nevada would make portfolio perfect

Goldcorp Inc. CEO David Garofalo says he’s happy with his company’s portfolio of assets, but that doesn’t mean he doesn’t have a wish list.

Eldorado to soon obtain permit for processing plant in Greece, minister hints

The country’s energy ministry said he aimed to address the company's development plans in the coming weeks and according to a recent arbitration, which favoured Eldorado.

Rio Tinto says investors to take stance on Oyu Tolgoi as ‘test case’

Rio Tinto has called for less interference at its giant copper and gold mine in Mongolia, as it moves forward with an underground expansion.

It’s not about scoring the big win, it’s about not backing losers

MINING.com discusses the state of private equity investment in mining with Michael Scherb founder of Appian Capital.