The creditors are reportedly trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada.
Gold Mining News
The net proceeds would be used to advance other development projects and retire a portion of the company’s debt.
Benchmark Metals has released additional assay results from its Lawyer's gold and silver project.
The company forecasts total metal production of between 82,000 to 86,000 gold-equivalent ounces in 2019.
The Toronto-based miner acquired 300 mineral claims covering the Stewart Brook gold project area in Guysborough County.
The miner has found further mineralization at its Cascabel copper-gold project. Cascabel is believed to have the potential to become one of the largest copper-gold assets ever discovered.
The company's exploration team has won the Bernie Schnieders Discovery of the Year Award for finding high-grade gold zones at its Dixie property.
Freeport-McMoRan plans no dividend raises, acquisitions or debt buybacks over the next two years.
The company is reportedly working with advisers to list in Jakarta as early as the fourth quarter.
Today’s case for the gold standard is based on the view that these recent decades of good fiat money management are a historical outlier and cannot be sustained.
Development envisions an open pit gold mine that could be in production for almost 15 years.
The study demonstrated a post-tax net present value at a 5% discount rate of $266.9 million.
To date, the company has drilled 10 holes totaling 1,522 metres.
The inferred resource for both Florida Mountain and DeLamar deposits is 154.5 million tonnes grading 0.45 g/t gold for 2.27 million contained oz.
The company says that copper recoveries from low grade mineralized material went up following magnetite separation.
Many precious analysts stop their analysis at gold’s US dollar analysis alone. Sometimes they add silver or mining stocks to the picture, but silver’s non-USD performance is almost never discussed.
The company is planning a 1,000-metre drill program at its Alacran copper-gold deposit, part of its San Matias project in Colombia.
The Riivos-built mining financial technology software helps them spend less time building spreadsheet models and more time optimizing their mine project economics.
John Thornton received a $9.74 million bonus on top of his $2.5 million salary, but used most of the after-tax proceeds of the bonus to buy 215,000 Barrick shares, according to a company's filing.
The global economy is slowing down. How serious is the current slump?
The gold miners’ stocks are still marching, grinding higher on balance in a solid upleg. While interest in this sector has faded since late February, it is nicely set up for a strong rally.
The world’s second-largest economy expanded its gold reserves for the fourth straight month, adding to optimism that central banks globally will continue to build holdings.
Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.
The company reported measured and indicated resources for Lindero of 18.9 million tonnes, a 51% increase over earlier estimates.
The move comes after completing an initial surface evaluation on its Eboshi, Kobui, Minamikayabe and Kamitsue lithocap projects in Japan.