Gold Mining News

Filipino miners to adopt Canadian sustainability standard

The country will tailor the protocols to reflect the unique aspects of its domestic mining sector.

The Torex saga in Mexico continues: Work contracts ended amid blockade

The suspension is in response to a 40-day long blockade at its El Limón-Guajes gold mine.

Lithium companies raise US$42 million in October

Gold miners closed $163M, about two-thirds of total money raised in October.

Gold may not be bitcoin, but miners can still make you money

The metals may not see same gains as "gold 2.0," but industry analysts recommend investors take a look at the "seasonal trade" in gold and silver equities.

Yellen’s December 2017 press conference and gold

The latest FOMC meeting was accompanied by Janet Yellen’s press conference. Let’s analyze the implications of her remarks for the gold market.

Acacia to sell Burkina Faso asset for $45 m to Canada's Sandstorm Gold

The deal is expected to close early in the first quarter of 2018.

Pastor who found giant diamond in Sierra Leone to get less cash than promised

The government says the cleric violated the Mines and Minerals Act.

World’s top bullion producer to sell former world’s highest-grade gold mine

The deal was signed between Barrick Gold and Skeena Resources.

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.