Vietnam lifts state monopoly on gold
Vietnam, the third-largest importer of gold in Asia, issued a decree on Tuesday abolishing its 13-year-old state monopoly on gold trading, causing a spike in local prices even as the…
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Kyrgyzstan kicks off underground gold mining at Kumtor
Kyrgyzstan has begun underground production at Kumtor, one of Central Asia’s largest bullion mines, which officials say could contain up to 147 metric tonnes of reserves. President Sadyr Japarov nationalized…
Apache fight with Resolution Copper reshapes land talks
Experts warn the legal battle over the Resolution Copper project in Arizona could alter how miners negotiate with Indigenous communities about disputed lands in the Southwestern United States. The planned…
Troilus, Torngat ink offtakes on Carney’s German mission
Troilus Gold (TSX: TLG; US-OTC: CHXMF), which is developing a $1.1-billion (US$800-million) capex brownfield mine project in Quebec, has signed a preliminary copper offtake agreement with a German smelter during Prime…
Omai project now second highest by gold oz in Guyana
Omai Gold Mines’ (TSXV: OMG; US-OTC: OMGGF) updated resource for its namesake project in central Guyana ranks it as the country’s second-largest undeveloped yellow metal project by contained ounces. Shares…
Energy Fuels soars on Vulcan Elements partnership
Energy Fuels (NYSE-A: UUUU; TSX: EFR) and U.S. permanent magnet producer Vulcan Elements have teamed up to create what would be “a resilient domestic supply chain” for rare earth magnets…
Guard killed in attack at Kodal’s Mali lithium mine
Kodal Minerals (LSE: KOD) confirmed on Tuesday that a security guard was killed in an attack on its Bougouni lithium mine in southern Mali on Aug. 22. Assailants on motorcycles…
Gemfields to auction huge 11,685-carat ‘buffalo’ emerald
Coloured precious stones miner Gemfields (LSE: GEM; JSE: GML) has unveiled a colossal emerald weighing 11,685 carats, discovered at its 75%-owned Kagem mine in Zambia. Named Imboo, meaning buffalo in…
Aris to exit Canada after $25M deal
Aris Mining (TSX: ARIS; NYSE-AM: ARMN) is set to leave Canada with the sale of its Juby gold project, its sole Canadian asset, to McFarlane Lake Mining (CSE: MLM; US-OTC:…
Kenorland starts resource with 26-g gold hit in Quebec
Kenorland Minerals (TSXV: KLD; US-OTC: KLDCF) has reported more high-grade assays from the Frotet project in northern Quebec with an initial resource on its Regnault gold system due in the…
Ivanhoe advances Kamoa drainage, plans forecasts
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says draining the East section of Kamoa-Kakula, Africa’s largest copper mine by output, should allow mining to restart early next year while it plans…
Iron ore prices gain after death halts Rio’s Simandou
Iron ore prices climbed to a one-week high on Monday after Rio Tinto (NYSE, LSE, ASX: RIO) suspended operations at its Simandou project in Guinea when an incident killed a…