Gold Mining News

Falcon Gold reports high grades at Argentinian project

The Vancouver miner has high hopes for its Esperanza project.

Kirkland Lake gold production hits record high

The Canadian gold miner announced record gold for both 2018 and the fourth quarter of the year, thanks mainly to higher-than-expected output at its Australian Fosterville mine as well as its Ontario-based Macassa and Taylor operations.

Osisko hits 2,223 g/t over 2.0 metres at Windfall

The company began an 800,000-metre drill program in 2015, and is currently focused on infill drilling at the main Windfall and Lynx deposits.

Osisko begins share buyback and cuts debt

The share buyback program was announced last month at the same time Osisko said it had received proceeds of $159.4 million from Pretium Resources

China's FX reserves fall in 2018 as slowing economy, trade war weigh

 Even if a trade agreement is reached soon, analysts say it would be no panacea for China's economy, which is expected to continue decelerating in coming months.

Sibanye counts hit to earnings as strike at gold mines drags on

“Sibanye can’t absorb losses from its gold business for a protracted period"

China adds to gold reserves for first time since October 2016

"It’s a bullish sign for gold"

Vancouver junior Auryn gets positive results from Peruvian copper-gold project

According to the company, the copper-gold skarn mineralization at its Sombrero project has geological similarities to Glencore’s Tintaya mine and MMG’s Las Bambas mine.

At least 30 gold miners killed in tunnel collapse in northern Afghanistan

Officials said the victims were villagers who were mining for gold illegally, rather than in a government project.

Ecuador’s rising opposition to mining may thwart exploration boom

As mining projects face headwinds from rising tensions, investors' courage will be tested, says Fitch Solutions Macro Research, which could hinder Ecuador’s plan to attract $4 billion to the sector by 2021.

Top 3 reasons to avoid running project cost estimates in-house

There are real costs associated with conducting project cost estimates in-house.

Canadian M&A seen rising after hitting 12-year high in 2018

Merger-and-acquisition activity in Canada is expected to strengthen in 2019 as a slump in oil prices could fuel consolidation among energy companies and cannabis deals gain momentum.

Zambia says mines have failed to show impact of higher taxes

The Chamber of Mines said that as a result of the changes, more than 58% of Zambia's copper producers would be loss-making at current prices.

Detour Gold names Paulson-backed Bill Williams as interim CEO

Shares of the company were up 1.5 percent at C$11.93 in early trade.

Gold miners 'laughing' amid best rally in decade as metal surges

A gauge of mining shares is extending gains after its best December since the financial crisis as investors flee to haven assets amid a slump in the broader equities market and a U.S government shutdown.

Centamin reshuffles board amid production hitches at Sukari mine

Josef El-Raghy had moved from executive chairman to chairman, as the search for a successor continues.

Barrick's new CEO says gold industry shake-up is just starting

“Without a doubt, this industry needs transformation,” Mark Bristow, the new chief executive officer of Barrick Gold said.

SolGold begins 2019 strong on new mineralization at Ecuador project

Company has discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.

Firefox Gold goes public, identifies new targets in Finland

The Newly public Finland gold explorer recently identified five new gold targets on its Jeesio gold project.

Gold opens 2019 with fanfare as warning signs flash on growth

Gold bullion advancing for a fifth straight day as equities posted fresh losses after the worst year since the financial crisis.

New era for Barrick Gold begins

Barrick now trades as GOLD in New York and continues as ABX in Toronto.

China’s Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

China’s No.1 gold miner aims to sell up to 3.4 billion A shares to investors, a plan which is subject to shareholder and regulatory approval.

Gold barrels into 2019 as growth concerns spur demand for haven

Bullion futures held near a six-month high after topping $1,280 an ounce.

New Year's resolutions for miners: SEC updates disclosure requirements

Companies should start preparing for when the rules come into effect. top 10 most read in 2018

The attention of the mining industry has shifted.