June 15, 2017

Gemfields beats own ruby sales record at Singapore auction

It sold $54.8 million worth of rubies, a record high for any Gemfields auction and a 24% increase in revenue from the previous record.

June 14, 2017

Chilean mining minister responds to criticism over miners’ rescue

Two miners have been trapped for six days at the Delia mine, part of Canadian Mandalay Resources' Cerro Bayo complex

June 14, 2017

Gold shrugs off U.S. rate hike

Financial markets and gold investors were jittery at the start of the trading day, with the Fed poised to raise interest rates for the second time this year.

June 14, 2017

Argentina passes mining act expected to create 125,000 new jobs

Agreement is part of plan to double investment in the sector to $25bn in eight years.

June 14, 2017

Tanzania says Barrick to pay money owed by Acacia to Gov’t

Barrick confirmed chairman John Thornton met President John Magufuli for talks Wednesday, but didn't mention the details of what, if anything, had been agreed.

June 14, 2017

China’s Fosun spices up battle for Gemfields with 10% bid premium

Gemfields, which mines for emeralds and amethysts in Zambia and for rubies in Mozambique, had already received a buyout offer from largest shareholder Pallinghurst Resources.

June 13, 2017

West Red Lake Gold begins exploration drilling

West Red Lake Gold Mines Inc. announces exploration drilling has begun on the Company’s 3100 hectare West Red Lake Project located in the Red Lake Gold District, Northwestern Ontario, Canada.

June 13, 2017

Trump has been good news for miners — Callinex CEO

Trump’s measures to revitalize the mining industry are steps on the right direction, and they will benefit not just the US, but also Canada, said Max Porterfield.

June 12, 2017

Market wrap – current trend changes

Trend changes are currently unfolding in the direction of the dollar, gold and miners.

June 12, 2017

Oreninc Index update: June 12, 2017

Oreninc Index jumps as gold gets political again.