Gold Mining News

Anaconda Mining grows footprint in Atlantic Canada, creates ExploreCo

Anaconda has been busy trying to grow through mergers and acquisitions. Last year, it acquired its first project in Nova Scotia — Goldboro — through the acquisition of Orex Exploration. And in February, it added a new deposit to Great Northern Project in Newfoundland.

Australia’s mining sector pushing for revamped Trans-Pacific Partnership: Interview

MINING.com interviewed the Minerals Council of Australia CEO.

Illegal miners caused ‘little damage’ at gold mine in Costa Rica: Minister

The project was operated by Canada’s Infinito Gold up to 2013.

Mining exploration spending in Australia jumps to 5-year high

Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.

Asia Gold-Price dip lends lustre, India buying robust ahead of festivals

In India, the world's second-biggest consumer of the metal after China, gold futures rose to 30,700 rupees per 10 grams on Thursday, a peak since July 9.

Record gold/silver shorts!

Gold and silver were thrashed this past summer, relentlessly pounded to deep new lows.

Perth Mint unveils Australia's most expensive gold-diamond coin

Made of 99.99 percent pure gold, the coin features four rare Argyle pink and purplish-pink diamonds. The largest is 1.02 carat.

Tahoe resumes operations in Peru after protesters agree to talks

The Canadian miner expects annual production from La Arena mine to be near the low end of its forecast 160,000 to 185,000 ounces of gold.

Lundin gives up on Nevsun after Zijin's $1.41 billion offer

Toronto-based miner said it doesn’t intend to amend any of the terms of its bid for Nevsun, but noted it would continue to pursue strategic growth opportunities.

Canada's Nova Scotia: Worth a second look

Success breeds success and there is a great deal of exploration activity taking place in the Atlantic Canada province these days. 

Luxembourg’s mining-focused Space Agency ready to lift off

Unlike US space agency NASA, Luxembourg Space Agency (LSA) will not carry out research or launches. Its purpose is to boost exploration, mining and commercial utilization of resources extracted from near earth objects.

Leaders in raising mining capital in 2017

Yancoal Australia was on top.

Osisko acquires additional Gold Royalty on Barkerville’s Cariboo Gold Project in Canada

Barkerville also has the option to grant Osisko an additional 1% NSR royalty on the Property for additional cash consideration of C$13 million.

Viceroy says it's shorting Canadian miner Pretium

Arguing the company has artificially inflated the value of its Canadian gold mine, which risks being taken over by creditors in coming months.

Embattled Acacia Mining lets partner up stake in Nyanzaga gold project

 Acacia — Tanzania's No.1 gold miner— will retain a net smelter return production royalty over the project, capped at $15 million.

India's Aug gold imports double, hit 15-month high as prices drop -GFMS

But rising gold imports could widen India's trade deficit and further pressure its currency, the rupee, which hit a record low of 71.95 against the dollar on Wednesday.

Orion’s $407m takeover bid for Dalradian Okd

Deal gives Orion mine access to mineral rights for more than 80,000 hectares of land in Northern Ireland, which includes one of the world's top ten undeveloped gold deposits by grade.

World’s biggest miner speeds hunt for copper assets, buys stake in SolGold

BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.

China’s Zijin to buy Nevsun for $1.41bn after Lundin takeover rejected

The Chinese gold and base metals producer will give Nevsun Cdn$6 per share in cash, trumping Lundin’s C$4.75 a share bid launched in July.

Chaarat Gold ups Kyrgyz Republic project resource by 46 pct

The Central Asia-focused explorer and developer said Tulkubash’s measured and indicated resource is now over 1.4 million ounces of gold, while the grade also rose 57% to 1.35g/t gold.

Tahoe’s Escobal mine licence to remain suspended — Guatemalan court

Guatemala's highest court ruling says mining operations will be suspended until government carries out consultation of the local indigenous people.

Eastern Goldfields suspends Davyhurst gold operations

More than 30 workers have been made redundant.

Northern Star raises funds to buy gold mine in Alaska

The Australian miner was able to raise almost $1.3 million to help fund the acquisition of its first overseas asset.

Colombia asks for Venezuela's cooperation in case of five murdered miners

The workers were killed in a gold mine in the southern Bolívar state.

The challenge of creating a solution that avoids mining transcripts

Developers want to ease up geologists' work.