Canadian Timmins Gold Corp. (TSE:TMM) said Tuesday it produced 25,153 ounces of gold from its San Francisco mine in Sonora, Mexico, in the third quarter. This represents nearly 49% more than a year earlier.
First ore from the massive copper-gold-silver mine is expected to be processed within six weeks of China and Mongolia signing the final power agreement.
South Africa's Gold One followed Amplats example and fired Tuesday 1,435 of its 1,900 Ezulwini employees in South Africa, after a week-long illegal strike.
“The Silver Bomb: Beyond The Return Of Metal As Money” has come up with an infographic that explores why some investing experts believe that silver’s price may outpace gold.
Africa-focused junior miner Firestone Diamonds reported that the quality and value of diamonds recovered at its Liqhobong plant in Lesotho has improved since the company shut down the plant in July.