October 1, 2024

Gold prices and poverty fuel illegal mining in Peru’s Amazon

Illegal mining has spread across Peru's Amazon region and the Andes since the Covid-19 pandemic sent the economy into recession.

October 1, 2024

Velocity Minerals sells Bulgarian assets for $59 million cash

The sale includes the Rozino project, which is permitted and has been advanced to the pre-feasibility stage.

September 30, 2024

Barrick reaches deal with Mali after reports staff were detained

Mali’s junta in 2023 adopted a new mining code that could see the government increase its stake to 35% in existing gold mines.

September 30, 2024

Barrick, Mali government to find resolution for Loulo and Gounkoto gold mines

The statement from the world's second largest miner comes two days after the Malian government arrested four employees of the company.

September 30, 2024

Metals Creek reactivates Yellow Fox project amid antimony crunch

In 2011, Metals Creek’s initial search at Yellow Fox found high levels of gold and antimony.

September 30, 2024

Thor Explorations denies allegations of tax evasion in Nigeria

The state of Osun alleges that the company has dodged over 3.25 billion Nigerian naira (approximately $1.9 million) in taxes.

September 29, 2024

Alchemy Resources signs lithium partnership with Japan’s JOGMEC

The Japanese government agency can earn up to 51% of the company's Roe Hills tenure in Western Australia.

September 28, 2024

Tanzania orders gold dealers to reserve 20% for purchase by central bank

In the 12 months to June, the central bank bought 418 kg of gold to beef up its reserves.

September 28, 2024

Mali junta arrests four employees of Barrick Gold

The junta has sought to channel a greater share of gold revenue to state coffers.

September 27, 2024

Money managers’ bullish bets on gold jump to four-year high

The precious metal reached an all-time high of $2,685.58 an ounce this week.