September 28, 2018

SolGold loss almost doubles as its goes all in at Ecuador projects

For the 12 months to June, SolGold's pre-tax loss was A$15.3 million, compared to $8.3 million it recorded a year before.

September 28, 2018

Asia Gold-Buying picks up in China on lower prices; India discounts narrow

Physical demand saw an uptick in the world's biggest gold consumer, China, after prices fell to six-week lows this week.

September 28, 2018

Congo-owned Sokimo may hinder transfer of Kibali mine to Barrick

The state miner warned it would "assert its rights" in Barrick Gold's acquisition of Rangold's stake in the Kibali mine, but did not provide details of its plans.

September 28, 2018

Tiberius tests its metals in crypto backed by copper, gold

The Swiss asset manager and commodities trader will use blockchain technology to account for trades and aims to offer investors the option to use its coin as a digital currency.

September 27, 2018

Russia’s Petropavlovsk sees net profit next year as key project boosts output

Petropavlovsk swung to a net loss of $24.8 million in the first half on rising costs and lower sales but declined to give a forecast for the full year.

September 27, 2018

Biggest Sibanye Gold unions get approval to strike over pay

The National Union of Mineworkers and Association of Mineworkers and Construction Union received strike certificates at Sibanye after negotiations.

September 27, 2018

Barrick’s Bristow bet seen as boosting South America revival

Barrick’s South America team “will be focused not only on bringing to account and dealing with the challenges around Pascua-Lama and Veladero,’’ but also on expanding assets and partnerships in…

September 27, 2018

Freeport, Rio formally yield control of giant Grasberg mine to Indonesia

Agreements give a majority stake in the giant Grasberg copper and gold mine to a local state-owned firm, becoming the country’s biggest divestment by a foreign resources company.

September 26, 2018

Congo leader vows elections to proceed on schedule in December

DRC President Joseph Kabila vowed delayed elections will take place as planned this year.

September 26, 2018

New AngloGold boss weighs asset sales to unlock value at miner

AngloGold Ashanti Ltd.’s new CEO, Kelvin Dushnisky, said his goal of unlocking value at the world’s third-largest gold producer will involve focusing on its best assets.