December 6, 2024

Torex Gold reports fatalities at Mexican underground mine, shares plunge

As a result of the incident, activities at the ELG underground mine have been suspended.

December 6, 2024

SSR to be 3rd-biggest US gold miner with Cripple Creek & Victor acquisition

The miner announced the acquisition of CC&V in Colorado from Newmont on Friday.

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.