The indefinite labour action involves 56 unions, which are protesting a government’s proposed reform they see as "anti-workers".
Gold Mining News
Gold prices moved lower Wednesday as a weaker dollar stabilized, putting the yellow metal at risk of snapping a three-day win streak.
Kamloops city council has voted to oppose the proposed Ajax mine — again.
Oreninc Index falls as gold shows signs of rally.
The two remaining components of the Kibali gold mine - its underground shaft system and third hydropower plant - are both on track, Randgold Resources chief executive Mark Bristow said today.
Leagold Mining Corporation announces Q2 2017 gold production at the Los Filos Mine of 46,098 oz, which includes 43,980 oz from April 8, 2017 to June 30, 2017.
The spin-off business would go after royalty agreements in copper, zinc, nickel and cobalt, worth more than $300 million, while looking to attract a strategic partner to fund further deals.
Company reduced waste rock dumps in response to concerns over water quality
An updated resource estimate and PEA in Q3/17 by a large exploration company will include plans for expansion after steady progress and a recent high-grade discovery at its Mexico project.
Precious metals expert Michael Ballanger examines recent GOLD COT reports and discusses the role of Commercials and Large Speculators in gold's price movements.
One of the primary keys to success in investment and speculation is picking the right stocks to trade. That’s no mean feat, as it takes great effort, expertise, and time to winnow the whole field down to the likely winners with the best fundamentals.
The suspension follows a pending a judgement in an urgent interdict application by the country's Chamber of Mines.
It means that the miner, which had revenue of $1bn last year, will pay about $31 million extra in royalties a year.
The Resolution copper project in Arizona would be a prototype for a looming era of more invasive US mines as companies run out of easy-to-reach deposits.
The Critical Investor discusses a proposed business combination that would transform an explorer into a developing producer with major assets in Nevada.
The miner said it continues to seek a “constructive dialogue” with the country's government to gain assurance that its operations will not be affected by newly enacted mining law.
The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.
Australia's New South Wales state said on Wednesday it would buy back half of a coal exploration licence from China Shenhua Energy Co Ltd , bowing to pressure from farmers and environmentalists opposed to mining on prime agricultural land.
Despite hedge funds' bearish bets, silver price's 14-year uptrend is very much intact and investors continue to pour money into silver-backed ETFs.
The Property is located adjacent to the prolific Keno Hill silver camp where 222.5-million ounces of silver have been produced up to the end of 2013.
According to PwC's Mine 2017 report, Canada's largest mining companies played a key role in the international mining sector's emerging growth.
Ma'aden operates six gold mines in the Central Arabian Gold Region, western Saudi Arabia which contains much of the Kingdom's gold rich ore deposits.
Democratic Republic of Congo has decided to more than double the size of its planned Inga 3 hydroelectric plant to make it more economical, after the $14 billion project was hit by financing problems.
The agency has proposed revoking its 2014 determination banning any large-scale mine in the area where Pebble would be built on the grounds it would damage the region’s key salmon industry.
Gold spiked in Asian hours Wednesday, trading as high as $1,220.35 an ounce compared with a low of under $1,208 hit on Tuesday.