MINING.COM Staff Writer

Posts by MINING.COM Staff Writer:

First gold poured at Solomon Islands mine

Allied Gold Limited has gone into production with its Gold Ridge mine on Guadalcanal in the Solomon Islands. The Australia-based company spent $150 million on the project after acquiring it through the takeover of TSX-listed Australian Salomons Gold in 2009. The mine is expected to produce 120,000 ounces of gold per year.
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Gold price steadies as inflation revives higher-rate bets

Gold prices consolidate near $4,700/oz as US consumption slows, aligning with market expectations.