The fully automated underground section of the mine is scheduled for commissioning in late 2018.
Gold Mining News
Researchers at the University of Notre Dame invented a new class of molecules whose shape and size enable them to capture and contain precious metal ions.
A dam filled with liquid waste collapsed last Monday at Rio's Cieneguita mine in Chihuahua.
Gold’s summer-doldrums lull marks the best time of the year seasonally to deploy capital, to buy low at a time when few others are willing.
Benchmark spot gold prices have moved since last Friday's close, with the spread between its highs and lows the narrowest of any week since August 2007.
Moscow company's update on Sukhoi Log project envisages annual production of 1.6 million ounces for 35 years at less than $500 per ounce.
ScotiaMocatta is curtailing lending to the physical metals supply chain and would refocus on major corporate clients.
Michel Temer is expected to issue a decree next week introducing key changes to mining rules that date back to the 1960s.
Sibanye has faced strong criticism from unions, local media and the government after the earthquake at its Driefontein gold mine that killed the miners.
The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .
Congo's prime minister wants to immediately implement the new mining code without any concessions to industry demands that key provisions be amended.
The takeover offer, which expires next week, offers great exploration potential because Avanco owns a vast landholding in the copper and iron ore-rich Carajás region, second only to giant Vale.
Lithium, copper and nickel.
Net inflows into gold-backed exchange traded funds rose again in May, lifting value of private bullion to $103 billion, highest since 2013.
Up 8% at the open after intersects add more bulk to already massive Cascabel copper-gold project in north of South American country.
Mining companies would have have to contribute 1 percent of their annual turnover to a new community development agency.
The country's gold imports in the first five months of 2018 fell 39.4 percent from a year ago to 274.2 tonnes, data compiled by GFMS showed.
The miner's Zimbabwean subsidiary, Zimplats, has released 23,903 hectares of its mining claims to the government.
Company is seeking $4.4 billion in compensation for alleged losses related to its Rosia Montana gold and silver project, which Bucharest halted following relentless protests.
The South African company, which competes with AngloGold , Gold Fields and Sibanye-Stillwater at home, sold 55 million new shares, or 15 percent stake, at 19.12 rand each, an 11.7 percent discount to the closing price on Tuesday.
Volatility in the metal's market dragged prices lower.
Gold giant is investing $1 million in the seismic solutions specialist.
Chinese jewelry sales are a key component of global demand for both physical gold and platinum, accounting for 14% and 16% of consumption respectively.
The plant is expected to improve B2Gold’s economic returns, reduce impacts on the environment and become a potential funding source for community development.
Gold from the Golden Predator 3 Aces Project bulk sample is incorporated into the coins.