Gold Mining News

Columbus-Nordgold project in French Guiana to move ahead

Before any heavy equipment touches the ground, Columbus and Nordgold have to go through a public consultation and receive required permits.

Ecuador expects $1 billion in mining revenues for 2018

Back in September, the expectation for 2018 was of $488 million in revenues from industrial mining.

Gold mining: the world's cheapest jurisdictions

Not the place you would think.

Gold’s shooting star and its implications

Gold reversed quite clearly on Friday and shooting star candlesticks, as these sessions are called, are signs of a reversal. Did we see one?

The perfect gold stock for revivalists

Technical analyst Clive Maund charts a young gold company that he believes "is going places."

Gold miner Avocet to sell Burkina Faso assets

The sale is part of a larger restructuring involving Avocet's overdue loans totaling $28.7 million.

First Quantum buys option for stake in Northern Dynasty project

Northern Dynasty Minerals, owner of the Pebble copper-gold project in Alaska, said rival First Quantum Minerals acquired the option to buy half of the project for $1.50 billion.

Alamos establishes 1.6M ounce reserve base at Manitoba mine

Alamos Gold (TSX,NYSE:AGI) has come out of the gate with an impressive feasibility study conducted on its Lynn Lake Gold Project in Manitoba.

Mexican miners reach deal with Canadian company, go back to work

If a deal wasn't reached by December 15, the company was not going to be able to compensate local employees.

CHART: High flying metals to fall back to earth in 2018

Panel of investment banks and research houses forecast declines in copper, zinc, lead and palladium prices in 2018.

Alrosa recovers huge yellow diamond from Yakutia mine

The Russian company says more than twenty large rough diamonds over 50 carats have been extracted from its Jubilee pipe.

Mining's Mr. Fix-It brings extinction of 100-Year-Old Lonmin

After years of near-death experiences, the story of Lonmin Plc is finally over.

Asia Gold-Price dip props up demand, India buyers await lower prices

Gold demand in most Asian centres firmed this week, spurred on by a dip in prices although buyers in the world's second-biggest consumer India held off buying in the hope of further falls.

Poland's KGHM considers appeal against British Columbia mine rejection

On Friday, KGHM said it was considering next step after BC said it would not issue an environmental certificate for its Ajax copper and gold mine.

Finning signs $185m contract with Lundin

Under the contract with Lundin, Finning will supply 70 pieces of heavy mining vehicles and machinery for Lundin’s mine complex in Chile.

What to expect for gold in 2018

John Reade, Chief Market Strategist at the World Gold Council, explains several reasons to believe that gold could maintain an upward trajectory.

Fed spells relief for gold traders worried over rate-hike pace

By a 7-2 vote, the Fed on Wednesday raised the benchmark lending rate by a quarter percentage point, its third hike this year.

Africa's Sula Iron and Gold changes gear with DRC cobalt license

Sula Iron and Gold plans to change name to African Battery Metals, reflecting a shift in focus after buying controlling stake in cobalt license stake in DRC.

Antofagasta has a new project in Canada

This is the second deal the Chilean miner signs with Vancouver-based Evrim Resource.

Bitcoin frenzy poses no threat to bullion, Goldman Sachs says

While bitcoin has shown greater volatility and lower liquidity compared to gold, the $275bn market value of bitcoin is dwarfed by gold’s $8.3 trillion.

Scientists push gold nanorod technology one step forward to make it more useful for biomedical apps

Gold nanorods are becoming more and more used in the production of security materials, as well as diagnostics, imaging, and cancer therapy equipment.

Almaden rejects Mexican activists’ accusations surrounding Ixtaca project

A protest action took place in Vancouver the same day Almaden Minerals announced the completion of a social impact assessment for its Ixtaca project in Mexico.

Exploration hot spot: some of the most richly-endowed terrain in British Columbia

Jaxon is set to advance significant discoveries in BC’s Golden Triangle and Skeena Arch.

Vancouver-based miner to expand operations in Ethiopia

East Africa Metals submitted two mining licence applications for sites located in the Tigray National Regional State, Ethiopia.

Electronic waste at new high, squandering gold, other metals-study

Raw materials in 2016 scrap worth an estimated $64.61 billion, including metals such as gold, silver, copper, platinum and palladium, U.N.-backed study said.