Gold Mining News

Record dollar demand for gold as world looks for haven from turmoil

Dollar demand for gold reached an all time quarterly record of $32 billion in the third quarter of 2008 as investors around the world sought refuge from the global financial meltdown, and jewellery buyers returned to the market in droves on a lower gold price. This figure was 45% higher than the previous record in [...]

GEOVARIANCES to showcase its innovations at GEOSTATS 2008

GEOVARIANCES (, the leading provider of advanced geostatistics solutions, announces its Gold Sponsorship for the next GEOSTATS Conference in Santiago de Chile, December 1-5, 2008. During the conference, GEOVARIANCES will showcase its innovative technologies with […]

New Mine Development added to SupplyMine – Cerro Negro

The high-grade gold and silver project is located in the Santa Cruz province of Argentina.An October 2008 positive pre-feasibility study reported that probable reserves were estimated at 7.2 million tones at 6.4 g/t gold and […]

Wardrop wins Mt. Milligan work

VANCOUVER — WARDROP ENGINEERING has been awarded the detailed engineering design and procurement contract for TERRANE METALS' Mt. Milligan copper-gold project 155 km northwest of Prince George, B.C. Wardrop recently completed the feasibility study for […]

Kirkland Lake Gold to expand production

Kirkland Lake Gold Inc.'s Macassa Mine, located in the prolific Kirkland Lake camp, is due to see a flurry of new mining activity from a recent commitment to bring the South Mine Complex into production…more […]

The top ten world’s worst pollution problems report

The Blacksmith Institute, in collaboration with Green Cross Switzerland, recently released a report titled The World’s Worst Pollution Problems. The top ten problems, detailed in this report, include, in first place, artisanal gold mining followed in second place by contaminated surface water. Then, ranked in fourth place were industrial mining activities, followed by, in sixth [...]

Barrick Adopts EQuIS for Environmental Data Management

EarthSoft today announced it has been awarded a contract from Barrick Gold Corporation to implement EQuIS software at all Barrick mines worldwide. The Barrick contract consists of EQuIS software in SQL Server, an unlimited Distribution […]

Billion-dollar potash biz looking to Northern Ontario suppliers

PotashCorp to spent $6.4 billion across its six Canadian sites By: Nick Stewart Affectionately known as "pink gold," potash may prove to be the next mineral to power economic growth amongst Sudbury service and supply […]

Acquisition of the Biox Group

Bateman Engineering is pleased to announce that it has entered into a conditional agreement to acquire the Biox technology business (“Biox Business”) from the Gold Fields Group for a net cash consideration of USD 8.84 […]

SupplyMine launches a new Mine Development – Ayanfuri

The 51,060 ha Ayanfuri gold project is located in the Central Ashanti region of Ghana, Africa some 320 km from the capital Accra and 107 km from the port of Takoradi. Perseus Mining Ltd acquired […]

Anglo Swiss Resources Begins Installation of New Gold Processing Equipment – Kenville Gold Mine

Anglo Swiss Resources Inc. is pleased to report that it has taken delivery and initiated installation of mineral processing equipment for its 100% owned Kenville Gold Mine and Milling property located near the City of […]

Gold Fields to sell BIOX technology business

Gold Fields has entered into an agreement with Bateman Engineering to sell its BIOX business to Bateman Engineering for a net cash consideration of $8.84 million. The BIOX business is the owner of a proprietary and patented technology, […]

Handheld detector finds significant gold discovery

Two amateur gold prospectors and a hand-held metal detector have discovered a gold reef worth hundreds of thousands of dollars near Ballarat in western Victoria, Australia. Steve Glasson and Russell Sanderson, both of Ballarat, credited […]

Quimsacocha Gold Mine Development

The property consists of four mining concessions covering an aggregate area of approximately 12,967 ha and is located in southern Ecuador, 30 km SW of the city of Cuenca at an elevation of 3,600 m. […]

Loulo Mine ACACIA CS2000 Order

The Loulo Gold Mine in Mali has become the latest in the rapidly expanding list of African based gold producers who have selected a Consep ACACIA Reactor as a means to treat the high grade […]

Kinross Commissions Knelson at Kupol

Kinross recently announced that the Kupol mine, in the Cukotka Region of the Russian Federation, has produced its first ounce of gold on May 30, 2008 making it the latest operation in a growing list […]

GOLD MINING: Lamaque production suspended

QUEBEC – CENTURY MINING CORP. of Blaine, Washington, has temporarily suspended production at its Lamaque underground gold mine in Val d'Or. Operations at the company's San Juan mine in Peru will continue as normal…more at […]

Kloof Gold Mine achieves a million fatality-free shifts

In a stark reminder of the dangerous nature of deep level gold mining in South Africa. Gold Fields is rightly proud of its Kloof gold mine, near Westonaria on the West Rand, which today achieved […]

The kings of iron ore get record prices

Rio Tinto's record settlement for benchmark iron ore annual contract prices, announced this week, is akin to oil prices instantaneously moving up to $270 a barrel, or gold bullion jumping in a jiffy to around ...

Kloof Gold Mine achieves a million fatality-free shifts

In a stark reminder of the dangerous nature of deep level gold mining in South Africa. Gold Fields is rightly proud of its Kloof gold mine, near Westonaria on the West Rand, which today achieved one million fatality-free shifts. However, put in context, that is just 50 days without a fatality. Many mines in other parts [...]

Barrick Awaiting Approval for Expansion of Punta Colorada Wind Project

Barrick Gold Corporation has submitted an environmental impact statement to Corema of Chile's Region IV to expand the Punta Colorada wind-generating project.

Gold Reserve and Crystallex meet with venezuelan environment ministry

Gold Reserve reports that it was invited to a meeting held on June 18, 2008 with the Venezuelan Ministry of Environment (”MinAmb”), led by Vice Minister of Environmental Planning and Administration, Ing. Merly Garcia and assisted by legal advisor Dra. Lucy Vidal. Crystallex International also attended the meeting. According to Vice Minister Garcia, the objective of [...]

Copper Smelting Charges May Drop Again, Freeport Says

Copper processing charges may drop again this year because supplies to smelters are falling short of demand, strengthening the position of mining companies in annual talks, Freeport-McMoRan Copper & Gold Inc.

Golden Eagle Finalizes C Zone Gold Mill Construction

Golden Eagle International, Inc. has reported that it is in the final stage of construction of its C Zone gold mill in eastern Bolivia. The Company estimates that the C Zone gold mill will begin […]

Gas crisis hits WA Mining Industry with Gold and Nickel Operations badly affected

Western Australian Premier Allan Carpenter has called an urgent conference between industry, power utilities and the government for this Sunday to resolve the near-term problems that hit the State on Wednesday.