December 11, 2023

Gold price has much more upside than downside risk, says Barrick CEO

In an interview with the Financial Post, Barrick chief executive Mark Bristow said that the market is underestimating the damages from tightening cycles.

December 11, 2023

Polymetal shareholders approve second plan to exchange for Astana-listed shares

The proposal, which affects around 14% of share capital, was approved at the company's general meeting on Dec. 8.

December 11, 2023

Freeport Resources awarded licence renewal for Yandera copper project in PNG

The renewal would allow Freeport to begin work on a definitive feasibility study for what it calls one of the world's largest undeveloped copper resources.

December 11, 2023

Barrick gets go ahead for Goldrush mine ramp-up 

The gold mine is expected to start ramping up production in 2024, achieving 400,000 ounces per year in 2028.

December 10, 2023

Gold mine collapse in Venezuela kills a dozen people

A landslide buried the Paraiba de San José de Wadamapa mine in Venezuela's Bolívar state.

December 8, 2023

Xanadu delivers substantial resource upgrade for Kharmagtai ahead of PFS

Kharmagtai now boasts 790 million tonnes of indicated material containing 2.1 million tonnes of copper and 5.6 million ounces of gold.

December 8, 2023

Gold-record momentum

Traders love chasing upside momentum, and the financial media’s enthusiastic coverage of new records returns gold to their radars.

December 8, 2023

Gold price falls to near $2,000 level on strong US jobs data

The latest US labour report showing an accelerated job growth for the month of November and a 3.7% decline in unemployment rate.

December 7, 2023

Geopolitics, central banks to provide support for gold in 2024 — report

The WGC sees heightened geopolitical tensions plus continued central bank buying providing additional support for gold.

December 7, 2023

Roosen seeks partner for Cariboo gold project ‘beachhead’ in BC

Cariboo is expected to produce about 1.9 million oz. gold over a dozen-year mine life.