November 18, 2024

US Gold clears final hurdle for mine permit in Wyoming, PFS work underway

The company says the optimized PFS could be released as soon as the end of this year.

November 18, 2024

Newmont sells Ontario gold mine to Orla for $850 million

The addition of the Musselwhite mine to its portfolio more than doubles Orla Mining's gold output to 300,000 ounces per year. 

November 17, 2024

Resolute Mining to pay Mali $160 million to resolve tax dispute, free staff

The company’s shares in Sydney were suspended on Thursday, after tumbling 40% since news of the detention of CEO Terry Holohan.

November 17, 2024

Gold loses some luster after Trump’s decisive win

Gold’s slide is a marked turnaround for a commodity that had surged by more than 30% in the year leading up to the US vote.

November 15, 2024

Hedge funds slash bullish wagers on gold over Trump election win

Hedge funds and other large speculators boosted net-long positions by 11% to 197,362 as of Nov. 12, the lowest in 14 weeks.

November 15, 2024

Ecuador court gives green light for Silvercorp, Salazar’s El Domo project

The ruling removes the last major obstacle for the $250 million project, located 150 km northeast of Guayaquil.

November 15, 2024

Gold miners’ Q3 2024 fundamentals

Thanks to record gold prices, major miners achieved record revenues, record bottom-line earnings, and record operating cash flows.

November 15, 2024

Gold price faces worst week since 2021 as Fed signals no rate-cut rush

The precious metal has fallen about 8% from a record high on Oct. 31, with losses accelerating after Trump’s election victory last week.

November 15, 2024

Solidcore completes acquisition of 55% share in Kazakhstan tin deposit

Solidcore said in October it agreed to buy a share in Syrymbet deposit from Lancaster Group.

November 15, 2024

Families gather at South African mine shaft where hundreds are feared stuck underground

The miners are in a standoff with police, who have blocked their supplies of food and water.