December 20, 2024

Chinese men accused of running illegal gold mine in Congo

Around 60 Chinese nationals were at the site and officials detained 17 who appeared to be in charge.

December 20, 2024

Foran conditionally approved for $14m gov’t funding for McIlvenna Bay infrastructure

The funds will go towards the construction of a hydroelectric transmission line, an on-site substation and electrical vehicle charging infrastructure.

December 20, 2024

Earth AI finds gold near Willow Glen molybdenum project

It has found its first gold system with the help of AI, making mineral exploration faster, more accurate, and cheaper.

December 19, 2024

Asante nets $500m forward purchase deal for gold produced at Bibiani

The Vancouver-based gold miner said it expects gold production at Bibiani to exceed 15,000 oz. per month by mid-year.

December 19, 2024

BC mining groups reject permitting delays, economic benefits study

MABC CEO Michael Goehring called the study’s methodology unsound and its conclusions deceiving.

December 19, 2024

Montage Gold breaks ground at Koné project

The Koné gold mine will be in production for 16 years and is anticipated to deliver first output by the second quarter of 2027.

December 18, 2024

Gold price extends loss as Fed cuts rates, signals less easing

New forecasts showed several officials penciled in fewer rate cuts for next year than estimated.

December 18, 2024

Dundee’s prefeasibility bumps Čoka Rakita gold project NPV by 25% in Serbia

The new NPV (at a 5% discount) stands at $735 million, and the IRR is 41%.

December 18, 2024

India’s record gold import said to be due to calculation error

Officials double-counted gold shipments in warehouses following a change in methodology in July, Bloomberg sources say.

December 18, 2024

Torex Gold’s mining suspension in Mexico lifted

Torex's 2024 production forecast remains intact, with the company tracking towards the lower end of the 450,000-470,000 oz. guidance range.