Gold Mining News

Perseus sees signs for life extension of its Ghana gold mine

Drilling results from the Esuajah Gap deposit at its Edikan gold operation show a “significant” mineralized granite that could extend the life of the mine past the six years it has left.

Nighthawk still finding strong grades at Colomac

Toronto-based Nighthawk Gold completed almost 16,000 metres of drilling this summer at its Colomac gold project 220 km northwest of Yellowknife in the Indin Lake greenstone belt.

ATAC grows Osiris zone at Rackla with high grade

The Rackla property hosts the only known Carlin-style gold deposit in Canada.

Golden Predator find new style mineralization at 3 Aces

Potentially large gold bearing intrusive system not previous known at 3 Aces is entirely in felsic dikes and appears to be significantly younger than the orogenic mineralization.

Superior Gold drilling toward Q1 2019 resource update at Plutonic

Superior Gold has found more than 50 grams of gold in six intersections and more than 20 grams in 15 intersections.

Colombian mining group says tax bill will attract foreign investment

The bill proposes a gradual reduction in taxes on businesses to 30% by 2022 as well as a new sales tax refund of 19% for capital goods such as machinery.

Translating the mindset of peak oil to peak gold

The Mercenary Geologist Mickey Fulp discusses with Maurice Jackson of Proven and Probable how peak oil could inform investment in gold miners.

Sibanye faces South African gold strike over wage dispute

The agreement we reached with the other unions is fair and final and considers the current challenges facing our gold operations - Neal Froneman, Sibanye Stillwater

Zimbabwe to let gold, platinum mines retain higher dollar earnings

We have made a decision that there is viability in mining by making sure we don't kill the goose that lays the golden egg - John Mangudya, Central bank governor

Tasca continues to expand in BC

The company said the expansion of the New Princeton Gold discovery area made sense following a recent gold discovery from the bedrock trenching.

Iran to develop small-scale gold mines

The Hassan Rouhani government is kickstarting a program for the revitalization, activation, and development of the country’s artisanal mines.

Can central banks go broke? A question for India: Andy Mukherjee

Raiding a little more than half of the $95 billion foreign-currency and gold revaluation account would force the RBI to sell an identical proportion of the related assets, or $190 billion. That would trigger a “cataclysmic deflationary shock” for the economy.

Yamana will continue to invest in Argentina: exec

Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the previous $9 million.

Barrick keen on Guyana Shield, Canada for exploration -executive

The giant also said it wants "more exposure" in Canada.

McEwen’s Gold Bar mine on track for commercial production in Q1 2019

The mine is expected to produce an average of 62,000 ounces of gold a year over a seven-year mine life .

Private equity-firm resumes drilling at high-grade Nevada Gold project

A Nevada gold project, once fast-tracked to production, is the focus of additional exploration.

Gold miners’ Q3’18 fundamentals

Q3 which proved challenging for miners as lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted.

World Gold Council announces update to AISC guidance

It is expected that companies may choose to use the updated guidance starting January 1, 2019.

White Metal expands property during Newfoundland's gold rush

White Metal is expanding its gold property located in the Botwood Basin.

OceanaGold to acquire gold/silver project in Nevada

The Melbourne-based miner is interested in the Highland gold/silver project, located within the Walker Lane Gold trend.

Gold miner smuggles in workers by night to bypass strikers

Gold Fields is having to sneak maintenance teams into its South Deep mine in South Africa after protesters shot at vehicles trying to enter the site, where workers have been on strike since Nov. 2.

Asia Gold-India swings to premium; benchmark price dip lends appeal elsewhere

Dealers in India were charging a premium for the first time since early September -- of up to $3 an ounce over official domestic prices this week.

Philippines to allow some halted mines to resume operations with conditions

The nine mines, six of which are nickel operations, have been shut since 2017 as part of an environmental crackdown on the sector.

Endeavour increases indicated resource 90% at Kari Pump

The company has now upgraded 90% of its Kari Pump resource to the indicated category.

Sandstorm Gold board approves $18m share buyback, shares jump

The 18.3 million shares represent approximately 10% of Sandstorm’s current shares outstanding.