December 6, 2024

Wheaton strikes $175m streaming deal for Ethiopia’s first commercial gold mine

The mine operator, Allied Gold, said the funds cover Kurmuk's first development phase, with production expected in mid-2026.

December 6, 2024

Friend to foe: Mali wants to arrest CEO who made it billions

In Mali and beyond, Bristow has established a reputation for thriving in African jurisdictions considered overly risky by many rivals.

December 5, 2024

Budget allocated to grassroots exploration at all-time low – S&P Global

S&P analyst says explorers are transitioning to a more risk-averse stance, with increased focus on existing mines.

December 5, 2024

Iamgold cuts Westwood reserves by 17% amid mine plan overhaul

The new reserve base totals 2.6 million tonnes grading 11.45 grams gold per tonne for to 1.2 million contained oz.

December 5, 2024

CME to offer 1-oz gold futures to meet surging demand from retail traders

There has been a larger trend among retail investors to seek smaller-sized gold products as a way to diversify their portfolios.

December 5, 2024

Gold ETFs register first outflow in seven months, says WGC

Gold ETFs registered outflows of 28.6 metric tons, or $2.1 billion, in November.

December 5, 2024

Gold price slips before key US jobs data that may impact Fed decision

The precious metal has been trading in a narrow range since early last week as investors look for fresh catalysts.

December 5, 2024

Mali issues arrest warrant for Barrick CEO amid tax dispute – report

Bristow is accused of money laundering and violating financial regulations, according to Reuters.

December 4, 2024

Barrick ups spending commitment on Precipitate Gold’s Pueblo Grande to $22m

The property surrounds its Pueblo Viejo mine in the Dominican Republic.

December 4, 2024

Omai reports wide gold zones at WeNot deposit in Guyana

The drill holes targeted the Dike Corridor, one of five main subparallel, near-vertical gold zones that make up the large 2.5-km-long deposit.