MINING.COM

Italian populists target huge gold reserves and some cry foul

The gold ownership bill presented by euroskeptic lawmaker Claudio Borghi of the League adds to an already tense relationship between the Bank of Italy and the coalition government.

Bloomberg News | February 11, 2019 | 8:00 am

Vancouver miner to partner with Zijin for gold project in the Kyrgyz Republic

The project encircles the Taldybulak Levoberejnyi Mine, which was recently built by Zijin and contains 3.2 million ounces in reserves and resources at a grade of 7.2 g/t.

MINING.COM Staff Writer | February 11, 2019 | 7:13 am

Northern Graphite to increase Bissett Creek’s production by 20%

The increase would mean integrating an initial production rate of approximately 25,000 tonnes per year into its development plans.

MINING.COM Staff Writer | February 11, 2019 | 7:02 am

Fastest-growing gold ETF using fee war to redefine industry

GraniteShares Gold Trust founder, Will Rhind, is in the midst of a fee war with his former employer and other ETFs that’s helped boost his fund’s value to $458 million, from less than $12 million a year earlier.

Bloomberg News | February 11, 2019 | 6:36 am

Peruvian authorities looking into possible tailings dam spill at Southern Copper’s Cuajone mine

The country's environmental agency OEFA detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the copper mine, located in the Moquegua region.

Cecilia Jamasmie | February 11, 2019 | 6:00 am

Russia’s Polyus reports jump in profit on rising gold sales

The country's largest gold producer reported a 20% jump in fourth-quarter adjusted net profit to $291 million compared with last year, lifted by increased production and rising sales of the metal.

Reuters | February 11, 2019 | 5:00 am

China iron ore rises to record on concerns over Brazilian supply

China iron ore futures rose to a record on Monday, the first session after a week-long national holiday, on concerns that supply from Brazil, the country's second-largest ore supplier, may decline after a fatal dam accident at a Vale mine.

Reuters | February 11, 2019 | 4:28 am

Tanzania row overshadows Acacia’s upbeat output, cost figures

Shares in the gold miner are up more than 50% since September when Barrick said it was buying Randgold Resources and when Mark Bristow was named as chief executive, taking over as head of the merged entity from January.

Reuters | February 11, 2019 | 4:00 am

World’s top uranium miner Cameco in no hurry to resume production

The company says it has seen a significant improvement over the past year, with prices up about 20%, but believes conditions are not where they need to be to restart idled capacity.

Cecilia Jamasmie | February 11, 2019 | 3:30 am

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