Gold Mining News

Thor Explorations to build Nigeria’s first large-scale gold mine

Company envisions construction beginning in the second quarter of the year, followed by an 18-month building period.

Canadian gold junior hits bonanza grades at Finland project

Aurion Resources' stock soared 27% Tuesday after reporting new high-grade assay results from drilling on its Risti project in northern Finland. 

The new Cold War and gold

The best defense against the repercussions of a mounting pile of debt, and the new cold war, is to own gold - the traditional safe haven.

Zambia receives bids for stake in state mining investment arm

The offers relate to the ministry's 17% holding in ZCCM-IH and a sale would be subject to cabinet approval.

Lara grants Capstone option to buy copper project in Brazil

The Planalto project is located in the northern Carajás province.

Croinor expands, offers more high grades for Monarques

Croinor is a historic gold producer for which Monarques completed a prefeasibility study last year.

MMSA awards gold medal to Pierre Lassonde

MMSA considers the gold medal to be the highest honour it can bestow on individuals for exemplary service to the mineral industry.

OceanaGold reports 2019 guidance and exploration budget

OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year.

Gold miners get their mojo back as giant deals revive allure

After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week.

South Africa's EFF party says in election manifesto to nationalise mines

The party is using an anti-corruption, jobs creation and state control of the economy platform to challenge the governing African National Congress (ANC) in the upcoming election.

Africa Mining Indaba: Dam safety, Zambia taxes, Ford on cobalt

Executives, investors and government officials met in Cape Town at the African Mining Indaba, the continent’s biggest gathering of one of its most essential industries.

Barrick, Reunion Gold to jointly go after key assets in South America

Strategic alliance expands Barrick’s exploration footprint in the Guiana Shield, a significantly under-explored region and one of the most prospective in the world for large scale gold discoveries.

Venezuela trying to sell gold to stay afloat

The country is reaching for its last card as the deck collapses on President Nicolás Maduro’s failed regime.

High grades discovered at historic Gumsberg project in Sweden

The zinc-silver-lead-gold project is located in the Bergslagen district, first mined in the 13th century.

Silver outperforming gold

Gold surging into year-end 2018 finally sparked some life into moribund silver.

Illegal miners sentenced to jail in Peru

This is the first time Cusco's regional prosecutor is able to issue this type of sentence.

Rio Tinto to remain strong despite difficulties—report

A key asset is the Oyu Tolgoi copper project in Mongolia, which will partially diversify the miner's earnings away from iron ore.

Maduro halts 20-tonne gold shipment as jet flies off empty-handed

You will face severe sanctions if you allow Nicolás Maduro to steal the gold that doesn’t belong to him.

Tudor outlines new zone at Treaty Creek

Tudor Gold Corp. has outlined what it calls “Goldstorm,” a new zone at the Treaty Creek property in the Golden Triangle.

Gold refiner Asahi wins auction for Republic Metals Corp- sources

If the purchase is completed, it will cement Asahi's position in the Americas.

Asia Gold-Chinese demand jumps; Indian buyers hold off with eye on budget

Global benchmark gold prices registered a fourth straight monthly gain in January.

Sokoman acquires 100% interest in the Newfoundland's Moosehead gold project

Moosehead features high-grade gold mineralization with drill intersections of up to 170.3 g/t Au over 1.53 metres.

MAX Resource identifies free gold at Colombian project

Pure yellow metal was observed in the test concentrates obtained from five hard rock trial pits.

Teck Resources flags fourth-quarter profit coming below estimates

EBITDA will be down by about $148 million.