The Vancouver miner has high hopes for its Esperanza project.
Gold Mining News
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.
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.
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
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 can’t absorb losses from its gold business for a protracted period"
"It’s a bullish sign for gold"
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.
Officials said the victims were villagers who were mining for gold illegally, rather than in a government project.
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.
There are real costs associated with conducting project cost estimates in-house.
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.
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.
Shares of the company were up 1.5 percent at C$11.93 in early trade.
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.
Josef El-Raghy had moved from executive chairman to chairman, as the search for a successor continues.
“Without a doubt, this industry needs transformation,” Mark Bristow, the new chief executive officer of Barrick Gold said.
Company has discovered a new copper and gold mineralization at its Porvenir project, located in southern Ecuador.
The Newly public Finland gold explorer recently identified five new gold targets on its Jeesio gold project.
Gold bullion advancing for a fifth straight day as equities posted fresh losses after the worst year since the financial crisis.
Barrick now trades as GOLD in New York and continues as ABX in Toronto.
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.
Bullion futures held near a six-month high after topping $1,280 an ounce.
Companies should start preparing for when the rules come into effect.
The attention of the mining industry has shifted.