In charts: Gold rally defies traditional headwinds
Bank of America expects the gold price rally to persist despite a challenging macro backdrop. Gold continues trading above $1,800 per ounce despite the respective 10-year interest rates and Dollar…
Gold
More than 100 injured, at least a dozen dead after blast in Ghana’s mining region
At least 13 people have been killed and more than 100 injured after a vehicle carrying explosives to a gold mine exploded after colliding with a motorcycle in western Ghana, police and government officials say. …
Kibali achieves 2021 guidance; set for third year of net DRC gold reserve growth
Barrick Gold (TSX: ABX; NYSE: GOLD) says its Tier One Kibali gold mine in the Democratic Republic of Congo has achieved its 2021 production guidance with the total output amounting…
Newcrest expands footprint in Canada with Pretium buy
Newcrest Mining (ASX, TSX: NCM) is expanding its footprint in Canada, particularly in British Columbia’s Golden Triangle, after shareholders in Pretium Resources approved the Australian miner’s bid for the company….
Imperial Metals surrenders giant copper project to B.C. government
Imperial Metals (TSX:III) has entered into a memorandum of agreement with British Columbia to surrender the mining rights of its Giant Copper project, located between Hope and Princeton and surrounded…
Kumtor exceeds 2021 gold production guidance under nationalized management
The Kumtor Gold Company (KGC) says the nationalized Kumtor gold mine in Kyrgyzstan had exceeded production guidance for 2021. Under the new external management, which took over the asset when…
Antofagasta says Chile water shortage to hit 2022 production
Chilean miner Antofagasta (LSE: ANTO) is expecting annual copper production for 2022 to be below last year’s levels, as operations continue to be impacted by the country’s longest drought in…
Video Interview: Alamos Gold reflects on Island Gold exploration success
With three operational gold mines in Canada and Mexico, as well as a number of other development projects, Alamos Gold (TSX: AGI; NYSE: AGI) continues to build on its reputation…
Harte Gold’s Sugar Zone mine attracts second bidder
A second potential buyer has emerged for Harte Gold (TSX: HRT), with an auction that will determine the winner of the distressed company’s assets to be held on Jan. 19. Harte, whose…
Adventus, Salazar secure $235.5M to advance Curipamba copper project
Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and Salazar Resources (TSXV: SRL; US-OTC: SRLZF) have secured financing of US$235.5 million with which to advance their Curipamba copper project in central Ecuador….
AngloGold closer to production in Nevada with Corvus takeover
South Africa’s AngloGold Ashanti (NYSE: AU; JSE: ANG) expects to start producing gold in Nevada, U.S., by 2025 at the latest, as the company officially took over Canada’s Corvus Gold…
Key insights from the inaugural Future Minerals Forum in Riyadh
Saudi Arabia is one of the world’s oil powerhouses, boasting the second-largest proven reserve of the slick stuff. Still, as the inaugural Future Minerals Forum recently held in Riyadh heard,…