Endeavour Mining ups Ity gold mine’s Le Plaque deposit resources to 500,000 ounces
Update increases Ity’s measured and Indicated resources by 11%.
Latest Stories
Congo’s swing producers turn to copper after cobalt meltdown
After a supply glut sent cobalt prices plummeting about 70% from the peak, many of the country’s artisanal miners are now switching focus to copper instead.
Walker River expands Nevada gold project
The Vancouver-based miner said it grew its land holdings approximately 4 kilometres north of Lapon by acquiring an additional 36 claims.
Indonesian coal mine added to World Heritage List
The Ombilin coal mine and mining town are considered the oldest in Southeast Asia.
That giant asteroid of gold won’t make us richer
The 16 Psyche and other asteroids will probably be mined for their metals. But once they start hitting the market in large quantities, they’re unlikely to be precious for much longer.
Firestone finds largest yellow diamond to date at Lesotho mine
The 54 carat intense fancy yellow, sawable diamond will be sold in September.
Acacia posts a 19% increase in gold output as Barrick takeover deadline looms
Improved results add pressure on majority shareholder, Barrick Gold, to revise its low-ball takeover offer ahead of Tuesday's deadline.
Gold summer doldrums?
Gold’s incredible strength this summer is very unusual, as early summers are the weakest times of the year seasonally for gold, silver, and their miners’ stocks.
Record-long expansion and gold
The current expansion already goes on for 121 months, becoming the longest economic boom in the US history.