June 5, 2024

Gold price up over 1% on Fed rate cut optimism

Traders are currently pricing in about a 59% chance of a Fed rate cut in September, according to CME FedWatch.

June 5, 2024

Nevada King Gold drill testing scores high grades

Atlanta is on the site of a past-producing open-pit gold mine where Standard Slag produced 110,000 oz. of gold and 800,000 oz. of silver.

June 5, 2024

Glencore said to weigh selling stake in Kazakh miner Kazzinc

The company has already sold zinc assets in Peru, and some of its smaller copper operations.

June 4, 2024

Fury Gold drilling at Éléonore South traces gold at depth

Highlight intercepts include 137.5 metres grading 0.44 gram gold per tonne and 18.7 metres of 0.97 gram gold.

June 4, 2024

Calibre expects Q2 output drop after pit wall incident, maintains full-year guidance

The company currently anticipates Q2 2024 production to be between 55,000 and 60,000 gold ounces.

June 4, 2024

Bronze bust honours barber who struck gold

Newmont has unveiled a new statue commemorating prospector Benny Hollinger who struck gold in 1909 at what became the Porcupine complex in northern Ontario.

June 4, 2024

Mine pit collapse in central Nigeria kills one, traps 30

The incident, at the underground gold mine, occurred on Monday after heavy rains softened the soil around the pit.

June 4, 2024

Gold purchases by central banks were strong in April despite high prices, WGC says

Demand from global central banks for gold has been elevated for two years as they diversify their foreign currency reserves.

June 4, 2024

Foremost Lithium to spin out US-based gold-silver assets

The company's Winston group of properties contains three past-producing silver and gold mines.

June 4, 2024

Ramelius Resources secures permit for Cue gold project

The open pit gold mine is expected to begin production in 2025, with ore being delivered to Ramelius' Mt Magnet hub.