March 8, 2024

Gold price closes in on $2,200/oz after US jobs data

“We expect gold prices to trade higher this year as safe-haven demand continues to be supportive amid geopolitical uncertainty," one analyst says.

March 8, 2024

SSR Mining appoints Michael Sparks as new CFO

The miner suspended its quarterly dividend payment last month, when at least nine miners went missing after a landslide at its Copler mine.

March 8, 2024

Peru copper output seen growing to 3mt in 2024, minister says

The Chalcobamba project is expected to help Las Bambas eventually boost its output to approximately 400,000 tons of copper annually.

March 8, 2024

AI can potentially estimate global environmental destruction due to road development for mining

Australia-based researchers trained three machine-learning models to automatically map road features in rural, generally remote and often forested areas.

March 8, 2024

Perseus extends OreCorp takeover bid to April

Perseus and Silvercorp are vying for OreCorp’s Nyanzaga gold project in Tanzania, slated to produce 242,000 oz./year over its first decade.

March 7, 2024

Karora in merger talks with Ramelius Resources

The Canadian gold miner has its integrated Beta Hunt Gold Mine and Higginsville Gold Operations in Western Australia.

March 7, 2024

Dundee Precious Metals sells Tsumeb smelter in Namibia for $49 million

Dundee acquired the smelter in 2010 to secure a processing plant for the complex concentrate from the company’s Chelopech mine in Bulgaria.

March 7, 2024

China splurges on gold for a 16th month as price hits record

Bullion held by the People’s Bank of China rose by about 390,000 troy ounces last month.

March 7, 2024

OceanaGold eyes fast-tracked permitting for New Zealand project under new gov’t

Waihi North is a proposed underground mining project in New Zealand anchored by the Wharekirauponga development.

March 7, 2024

Polymetal shareholders approve sale of Russian assets

Shareholders approved the sale of its Russian assets to a Siberian gold miner.