The aim of the project is to improve the livelihoods of the beneficiary community and regional economy - Mining Ministry
Gold Mining News
Gold demand in this years Dusherra falls by 40% in some pockets.
The mining and quarrying industry is seeking government funding for an airborne geophysical survey program, considered an essential tool for attracting investment and job creation to the province.
The company has set up a representative office in Machala, capital of Ecuador's El Oro province, historically a gold-producing region, and will use this as a base to participate in South American projects.
The company's gold output will be flat or a little lower than last year, Zijin Chairman Chen Jinghe told Reuters on the sidelines of a conference in Tianjin.
Scotgold Resources has submitted the last application to secure planning permits for its Cononish project, near Tyndrum.
A bacterium is capable of producing solar fuels when fed with gold.
Hedge funds that doubled down on bearish gold wagers are facing a gut check.
Nevada gold mines keep "rocking the boat."
If this trend continues, then it’s going to be a dampener.
The news comes barely a week after the company said another worker had been released on bail after being charged with corruption.
Hochschild Mining Plc on Wednesday raised its annual output target and forecast lower mining costs, as its Inmaculada mine in Peru produced higher grade ore.
Hungary’s central bank increased its gold reserves 10-fold, citing the need to improve its holdings’ safety, joining regional peers with relatively high ownership in the European Union’s east.
US hedge fund Livermore Partners is calling for an overhaul of the board at Detour Gold Corp and a strategic review, becoming the second activist to target the Canadian mining company.
The oil price is rising due to the upcoming restrictions on the sale of Iranian oil - the second of a two-part set of sanctions imposed on the Middle Eastern power following the Trump Administration’s decision in May to withdraw from the Joint Comprehensive Plan of Action (JCPA).
Diversified global engineering, project delivery and operations management group, DRA Global (“DRA”), partnered JSE Listed Pan African Resources [JSE: PAN] in completing its R1.74 billion Elikhulu tailings retreatment project in Evander, Mpumalanga, within budget and ahead of schedule.
First production from the $5.3 billion underground expansion of Oyu Tolgoi was originally scheduled for early 2020.
BHP has agreed to pay 45 pence per SolGold share.
Azerbaijan's leading gold mining firm said it produced 21,318 ounces of the metal in the last quarter, against 14,468 ounces in the same period of last year.
In gold we trust.
Mineral industry needs to change its exploration and financing model if dearth of green fields discoveries to be overcome
Australia’s chronic shortage of Greenfields mineral discoveries can only be overcome by changing the sector’s exploration, financing and training models, according to a keynote speaker at a major international geoscience forum.
For a measure of how much last week’s surge in gold prices may have caught the market by surprise, consider that hedge funds had just made their biggest-ever bearish wager on the metal days before.
Overall project engineering at the 270,000 ounce-a-year Guyere gold project, which is already more than A$100 million over its original budget of A$507 million, is now 96 percent complete
Golden Dawn Minerals, KG Exploration Inc. and GGX Gold Corp. are among the companies setting foot in the area.
A new gold-silver alloy was created with the idea of lightening the load and enhance the power of devices used by soldiers.