December 1, 2021

Asteroid “ideal for mining exploration” to enter Earth’s orbit next week

An asteroid as big as a football field has been singled out by scientists as an ideal target for a mining exploration mission.

November 30, 2021

Large gold miners contributed $38bn in GDP to local economies in 2020 — report

In 2020, WGC members made significant contributions to local economies.

November 30, 2021

Iamgold releases infill results up to 69 g/t Au from Diakha-Siribaya in Mali

Iamgold has completed drill holes totalling 19,952 metres of diamond drilling and reverse circulation drilling this year.

November 30, 2021

The Fed worries about inflation. Should we worry about gold?

It seems that the prospects of monetary tightening and higher real interest rates will continue to put downward pressure on gold prices.

November 30, 2021

Osisko Mining raises $120m for Windfall, plans JV with Australia’s Northern Star

The two companies have agreed to negotiate the terms of a joint venture, allowing Northern Star to earn up to a 50% interest in the Windfall project.

November 30, 2021

Turquoise Hill okays Oyu Tolgoi $75m bridging budget

Sum allows the miner to continue progressing critical activities at the underground expansion, but doesn’t guarantee further crucial investment will get approved.

November 30, 2021

Hochschild to buy Amarillo Gold for control of Posse project in Brazil

New SpinCo to hold the Lavras do Sul project, and NSRs on certain Amarillo exploration rights.

November 29, 2021

Singapore adds to gold pile for first time in decades

Singapore increased its gold reserves by about 20% earlier this year.

November 29, 2021

Gold price eases off as markets weigh omicron impact

Until we get more news about the Omicron and its potential, the market will continue to trade with uncertainty, one analyst said.

November 29, 2021

Hummingbird Resources shares collapse after halting Mali mine

It said the stoppage will affect full-year production, placing it below the bottom end of its 100,000 to 110,000 gold ounces range for 2021.