Central banks’ gold buying and repatriation spree
Central banks added 156 tonnes of gold to their reserves in Q3, according to the World Gold Council.
Latest Stories
GT Gold’s stock jumps after boost from Newmont
Newmont will own 14.9% of GT Gold’s outstanding shares, an increase from the 9.9% it previously held.
Canadian town of Asbestos, in Quebec, seeks new name
Former mining town asks residents to submit suggestions.
Zimbabwe’s ZCDC plans debut international diamond sale in 2020
ZCDC has cut its diamond production forecast for this year by 24% to 3.1 million carats, but sees a rebound to 6.12 million carats in 2020.
‘The revolution is ongoing’: Bougainville to revive radical mining proposal
Under the proposed mining law amendments, Bougainville would take a 60% share in all projects and retain all mining licences, leaving a 40% share that investors can bid for.
Tharisa’s profits dive 83% as output declines
Pretax profit fell to $11.2 million for the year ended Sept. 30, from $65.0 million a year earlier.
Chile protests threaten to dethrone world’s top copper producer
Codelco planned to spend $20 billion to modernize its aging mines, but protests have undermined the state-owned miner's push.
Canadian miners sign deal on Old Gold Bar project in Nevada
Ely Gold sold the property to McEwen Mining.
Environmental watchdog greenlights Metso’s emissions targets
Among other things, Metso aims for a 20% reduction in transportation emissions by 2025.
