December 1, 2022

Wesdome declares commercial production at Kiena gold mine in Quebec

The commissioning of the paste fill plant was completed on November 17.

December 1, 2022

Mayfair Gold shares climb on Fenn-Gib project drilling

Highlights included 1.1 g/t gold over 366.7 metres near the surface, including 4.12 g/t over 14 metres and 5.66 g/t over 16 metres.

December 1, 2022

Gold price climbs 2% in wake of Powell’s comments on slower rate hikes

Traders are currently pricing in a 91% probability that the Fed increases rates by 50 basis points on Dec. 14.

December 1, 2022

Orezone Gold’s Bomboré mine in Burkina Faso enters commercial production

Bomboré now becomes the 16th mine to go into production in Burkina Faso.

December 1, 2022

JPMorgan joins HSBC as vault custodian for top gold ETF

The lender will now act as an additional custodian for the SPDR Gold Trust, according to a statement from the World Gold Council.

November 30, 2022

Lundin Gold’s guidance for Fruta Del Norta to top 500,000 oz in 2025

Lundin Gold has issued guidance for 2023 with an output of 425,000 to 475,000 oz of gold.

November 30, 2022

Ex-JPMorgan gold trader faces final trial in spoofing saga

Christopher Jordan’s trial starting Wednesday is part of a long crackdown by the US on market manipulation since the 2008 financial crisis.

November 30, 2022

Lula wants new Brazil police unit to tackle environmental crimes

The proposed new Federal Police unit would take a broad view of crimes in the Amazon, where deforestation, illegal mining, and drug trafficking are often interlinked.

November 30, 2022

Fate of Barrick’s $7bn project in Pakistan to be decided next week

If Reko Diq copper-gold project gets the Supreme Court's blessing, Barrick could start operations in 2027-2028.

November 29, 2022

Endeavour’s Ity exploration on track to discover 4 million indicated ounces by 2025

The Africa-focused gold major already found 2 million oz. in the past two years.