China Hanking, already owns 8.4 percent of Primary Gold, a company with interests in the Coolgardie gold project in Western Australia and the Mt Bundy gold project in the Northern Territory.
Gold Mining News
Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage.
The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.
The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.
Financial market volatility spreads to gold.
Combined with worries about inflation and erroneous trade and fiscal policies, it may prompt investors to purchase some safe-havens, such as gold.
Tanzania is seeking to take more of the profits from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector.
Flush with cash, Randgold is on the hunt for gold mines outside Africa.
Rio Tinto, Teck Resources, Hudbay were among copper miners interested in $2 billion Michiquillay project in Peru.
Barrick Gold’s Chief Innovation Officer, Michelle Ash, will become the new Chair of GMSG in May 2018.
Mineralized intercepts encountered higher grades than predicted by previous modeling, said the project owners NovaGold and Barrick.
Obuasi is expected to start gold production by the third quarter of 2019.
BBC report details 1974 CIA operation to salvage Soviet submarine carrying nuclear missiles under guise of a Howard Hughes-financed seabed manganese mine.
New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."
8,126 grams per meter!
The biggest gold mine in the European Union is getting a new lease on life, thanks to a shaft sinking project that will increase throughput by 25%.
The USD Index seems to be at a decisive point and we should see relatively soon if the decline continues or if a major turnaround takes place instead.
Ulaanbaatar orders Rio Tinto to build domestic power plant for $5.3 billion expansion of Oyu Tolgoi copper-gold mine.
GDX remained well within its consolidation trend channel and is still within striking distance of a major $25 breakout.
Tanzania's top gold producer said in conversations with potential investors over a stake in some or all of its operations in the East African nation.
Data shows that two years after the worst of the raw materials slump is over, investors are still not ready to pour in fresh funds despite a price rally.
On Thursday, Newcrest reported a 58% fall in half-year underlying profit, due to disruptions such as an earthquake hitting one of its key sites in 2017.
Polyus saw rising sales last year and expects to both invest and produce more in 2018, aiming to up production at its new Natalka gold deposit.
Inflation surged yesterday. But gold dropped initially, only to quickly reverse the fall and fly into the air. Will gold soar on the inflation fuel?
With the acquisition of Capstone's Minto mine, Pembridge Resources is set to become a cash flow generating copper producer.