December 16, 2022

Gold price facing worst week in a month after Fed’s hawkish signal

Despite a slight gain on Friday, gold remains on course for its biggest weekly decline since mid-November.

December 16, 2022

Rio Tinto secures direct control of Oyu Tolgoi mine

Rio Tinto now has a 66% direct ownership over the world’s largest known copper and gold deposit, located in Mongolia.

December 15, 2022

Most Brazil gold mined near Amazon may be illegal, study shows

As much as 98% of the gold sold from areas surrounding indigenous lands in Brazil between 2018 and 2020 has indications of irregularity, according to studies.

December 15, 2022

Barrick Gold to go ahead with $7bn Reko Diq project in Pakistan

Top court has cleared the path for Barrick Gold to build the massive Reko Diq copper-gold mine.

December 15, 2022

Inflation, uncertainty fuel new gold rush at ancient Austrian Mint

One of the world's oldest and biggest producers of gold bullion coins is unable to keep up with demand as people rush to find a safe haven.

December 15, 2022

Colombia mining exports forecast to hit all-time high in 2022

The country's gold production in 2022 is forecast at 1.56 million troy ounces.

December 15, 2022

India to invite bids for extracting gold from dumps at colonial-era mines

The Kolar fields, located close to India's technology hub of Bengaluru, are among the country's oldest gold mines.

December 15, 2022

Eldorado Gold board okays Skouries gold-copper project restart

Eldorado’s focus now shifts to project execution, with first production at the mine expected in the second half of 2025.

December 15, 2022

Fortescue ups stake in Candente Copper with $2.9m investment

The Australian iron ore producer will now have 25.4% stake in the Canadian junior, which is advancing the Cañariaco copper project in Peru.

December 14, 2022

UK’s largest money laundering prosecution heads for a retrial

Prosecutors said gold bars and grain were purchased using the laundered funds for ultimate export to Dubai.