July 22, 2021

Iamgold updates Côté gold construction, costs

The Côté project is on schedule and was 27% complete at the end of June.

July 22, 2021

Gold trader’s chat bragged about ‘how easy’ it is to manipulate prices

Former Deutsche Bank trader Edward Bases allegedly put out bids to buy gold futures valued around $244 million over the course of four-and-a-half minutes, with more than 98% canceled without…

July 22, 2021

Newmont profit beats estimates on higher bullion boost

The Denver, Colorado-based gold producer benefited from slightly higher prices of the precious metal.

July 22, 2021

Eldorado Gold grabs stake in Probe Metals for $18.9m

Company has acquired 15 million common shares at C$1.575 each in Probe, a Quebec-focused gold junior.

July 21, 2021

Northern Star to sell Kundana gold ops to Evolution for $294m

Evolution said the acquisition raises its three-year gold production outlook.

July 21, 2021

Newcrest says annual gold output at flagship mine beat forecast

Total production fell to 542,332 ounces in the June quarter from 573,175 ounces a year ago.

July 21, 2021

Osisko receives permit for bulk sampling at Cariboo

The company intends to take a 10,000-tonne sample from the Cow Mountain deposit.

July 21, 2021

British Columbia government loses round two in tax fight with Teck over Galore Creek

BC Court of Appeal dismisses appeal from province over exploration tax claim for Galore Creek.

July 21, 2021

US bankruptcy court holds Kyrgyz gov’t in contempt over Kumtor seizure

The Kyrgyz government’s ongoing legal actions against Kumtor Gold Company violates Chapter 11 protection.

July 21, 2021

Rio2 to raise up to $135m for Fenix gold mine construction

The mine financing package would allow the company to maintain its current schedule for first gold production in Q4 2022.