Gold Mining News

Newmont bondholder revolt may put Barrick on hook for debt

The creditors are reportedly trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada.

McEwen ponders sale of Mexican assets

The net proceeds would be used to advance other development projects and retire a portion of the company’s debt.

Vancouver gold junior bounces on Golden Triangle drill results

Benchmark Metals has released additional assay results from its Lawyer's gold and silver project.

Anglo Asian's Azerbaijan gold output rises 5% in Q1

The company forecasts total metal production of between 82,000 to 86,000 gold-equivalent ounces in 2019.

Carube Copper eyeing Nova Scotia's gold

The Toronto-based miner acquired 300 mineral claims covering the Stewart Brook gold project area in Guysborough County.

SolGold scores again at Cascabel project

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.

Great Bear goes home with NWOPA discovery trophy

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 plans no dividend hikes, M&A for 2 years to focus on Grasberg – CEO

Freeport-McMoRan plans no dividend raises, acquisitions or debt buybacks over the next two years.

Indonesian gold miner Amman is said to consider $600m IPO

The company is reportedly working with advisers to list in Jakarta as early as the fourth quarter.

Best argument for gold standard is Trump himself

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.

Centerra, Premier Gold get drilling at Ontario project

Development envisions an open pit gold mine that could be in production for almost 15 years.

Harte Gold completes feasibility study on Sugar mine

The study demonstrated a post-tax net present value at a 5% discount rate of $266.9 million.

Warrior Gold drills Goodfish-Kirana project

To date, the company has drilled 10 holes totaling 1,522 metres.

Integra reports met test results for DeLamar and Florida Mountain

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.

Altiplano considers magnetic separation for Farellon ore

The company says that copper recoveries from low grade mineralized material went up following magnetite separation.

Silver’s rally and two record-breakers

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.

Cordoba to drill for porphyry source beneath Alacran

The company is planning a 1,000-metre drill program at its Alacran copper-gold deposit, part of its San Matias project in Colombia.

Mining students learn to develop feasibility studies using high-tech solution

The Riivos-built mining financial technology software helps them spend less time building spreadsheet models and more time optimizing their mine project economics.

Barrick’s deal-making chairman awarded $12.9m in 2018

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.

Will global slowdown support gold, or is it just temporary?

The global economy is slowing down. How serious is the current slump?

Gold stocks still marching

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.

China continues gold-buying spree as PBOC adds for fourth month

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.

$6 billion private capital ready to invest in mining

Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.

Fortuna Silver updates resources, production guidance

The company reported measured and indicated resources for Lindero of 18.9 million tonnes, a 51% increase over earlier estimates.

First Quantum exits Japan Gold option

The move comes after completing an initial surface evaluation on its Eboshi, Kobui, Minamikayabe and Kamitsue lithocap projects in Japan.