July 5, 2019

India hikes gold import duty, industry fears smuggling surge

Lower demand from India could weigh on global prices that are trading near their highest level in six years.

July 5, 2019

Chile mining sector continues to lag on growth

Mining activity in May dropped 2.3% compared with the same month in 2018 as the sector continued to confront sharply falling ore grades at its largest deposits.

July 5, 2019

Indian gold discounts at 3-year peak after import duty increase

Dealers in India, the world's second biggest gold consumer after China, were offering discounts of up to $30 an ounce

July 5, 2019

TSX heads lower as gold dip hits materials stocks

The most heavily traded shares by volume were Barrick Gold Corp, B2Gold Corp and Encana Corp.

July 5, 2019

Power Resources buys Woodford-backed Metalysis

Power Resources Group mines in Rwanda for tantalum, used in mobile phones, and niobium, needed for high-strength alloys.

July 5, 2019

Billionaire US coal baron Cline dies in helicopter crash

Christopher Cline was the founder of St. Louis, Missouri-based coal miner Foresight Energy LP, a joint venture with Robert Murray’s Murray Energy Corp.

July 5, 2019

FYI granted mining lease for Cadoux project in Western Australia

The company plans to use aluminous clay from Cadoux to produce high purity alumina for the tech industry.

July 4, 2019

ArcelorMittal removes 30 families from area close to dam in Brazil

The move was a precautionary action after it ran a new risk evaluation of a dam close to the mine.

July 4, 2019

Great Bear raises C$10.9 million for exploration

Great Bear is currently in the midst of a 90,000-metre drilling program at its Dixie Lake gold project.

July 4, 2019

Codelco delays restart of Chuquicamata, again

The facility is unlikely to return to normal capacity until mid-August, says a union leader.