Gold Mining News

Australian scientists developing tool capable of delving deeper into Earth’s rock layers

The experts from Curtin University say the mechanism promises to be crucial for the country's mining and petroleum sectors.

Equinox increases gold resources at Aurizona and Mesquite

Since the end of 2017 the company has increased its reserves by 470% to 5.5 million oz. gold.

Kinross takes 9.7% stake in Wolfden Resources

The two companies will form of a committee to explore Wolfden’s Pickett Mountain volcanogenic massive sulphide (VMS) deposit in Maine.

Endeavour pours first gold at Ity CIL project

The company has poured its first dore bar from its Ity carbon-in-leach project four months earlier than planned and under budget.

Fed holding steady on rates may boost gold performance — report

A more dovish stance by the Fed, coupled with the ongoing trade talks between the US and China, could also contribute to a slowdown in US dollar appreciation, which could add to gold's momentum.

Will the Fed cut its interest rate forecast, pushing gold higher?

It is very possible that the FOMC members will align their outlook for the federal funds rate with the pledge of being patience. Gold may gain, then.

Crescat Capital says buy gold, sell stocks in 'trade of century'

Going long gold in yuan terms and shorting global equities currently explains three-quarters of the hedge fund’s strategy.

U.S. sanctions Venezuelan gold company for supporting Maduro

This is the sixth round of sanctions since January by the U.S., which is seeking to wrest power and the military’s loyalty away from Maduro.

'Radical’ foes, red tape lob doubt into Ecuador mining quest

Ecuador has tethered its economic fortunes to a burgeoning mining industry. Now it just needs to get bureaucrats and community leaders on board.

Antofagasta expects copper deficit of up to 300,000 tonnes this year

The Chilean miner expects demand to outstrip supply in 2019 as consumption growth remains positive, but production increases continue to be minimal.

Taxes and royalties paid by Australian miners equivalent to Federal Government education spending

Aussie miners paid A$30.6 billion in company tax and royalties in 2017-18.

Granada gets high-grade gold by employing disruptive technology

The miner reports attaining higher grades after running a preliminary gravity separation study on lower-grade, gold-bearing rock.

TerraX traces high grade Giant mine zones onto its BDC target zone

The historical core confirms mineralization from 50 to 425 metres below surface. The company is planning surface work to develop additional drill targets.

Apex confirms gold anomaly at Ore Hill in BC

The company is in the process of permitting the property for further exploration in 2019.

Tanzania sets up mineral trading centres to curb illegal gold exports

Tanzania has ordered all mineral-producing regions in the East African nation to set up government-controlled trading centres by the end of June.

Bristow taking Barrick helm aids talks, Tanzania AG Says

A multibillion-dollar tax dispute between Barrick Gold Corp. and Tanzania's government could be resolved by May.

Kyrgyz and Turkish miners join forces to develop gold projects in Central Asia

Kyrgyz gold producer Chaarat and Turkish mining and mine construction contractor Çiftay want to collaborate on the Tulkubash and Kyzyltash projects in the Kyrgyz Republic.

Havilah Resources to explore for additional copper-cobalt resources in the Mutooroo district

The Mutooroo copper-cobalt district is located in New South Wales, eastern Australia.

Chile’s Supreme Court revokes ruling permanently closing Barrick’s Pascua-Lama

Decision doesn't determine the final faith of the long-delayed and polemic project, as the case has been sent back to the Environmental Court for review by a different panel of judges, a process that could last several months.

Rio Tinto rejects push by activist shareholders to reveal emission targets

Miner has hit back at a push to make it more accountable for carbon emissions produced by its customers, including Chinese steel makers.

Plant that treats wastewater from Gold King Mine spill up and running after failure

The plant failed on March 14, 2019, due to a loss of power.

Global Exploration Snapshot: The Americas, West Africa and Australasia remain popular

A look at eight majors and juniors exploring for gold worldwide.

Peruvian president says fight against illegal mining in the Amazon is ongoing

More than 11,000 hectares of forest have been destroyed in the southeastern Madre de Dios department.

Newmont’s Tanami gold mine to curb emissions by 20%

Project included the installation of two power stations, a 66 kV interconnected power line, and a 450 km natural gas pipeline.

Continental Gold announces $175 million in financing from Newmont, Triple Flag, stock surges

Newmont's ownership in Continental could increase to 28%