NGOs criticize LBMA’s gold sourcing program
Advocacy groups said the London Bullion Market Association is failing to ensure that only responsibly-sourced, conflict-free gold is traded worldwide.
Gold
JV Article: Bluestone’s Cerro Blanco on course to be a multi-million ounce, low-cost gold mine
This past year has been a “challenging but exciting time” for Bluestone Resources (TSXV: BSR; US-OTC; BBSRF), says the company’s CEO Jack Lundin, as the Canadian junior progressed its Cerro Blanco gold…
Sibanye-Stillwater calls for mega-merger with AngloGold, Gold Fields
Sibanye-Stillwater (NYSE: SBGL) said today that South Africa’s top gold miners should merge and create a rival to the world’s largest producers, Newmont (TSX: NGT; NYSE: NEM) and Barrick Gold…
U.S. markets rise, March. 1-5
The Dow Jones Industrial Average rose 1.82% to 31,496.30 and the S&P 500 gained 0.81% to finish the trading week at 3,841.94. Spot gold dropped US$35.50 per oz. to US$1,700.10….
TSX Venture falls, March 1-5
The S&P/TSX Venture Composite Index dropped 9.83% to 918.36. Spot gold fell US$35.50 per oz. to US$1,700.10. Shares of New Found Gold climbed 48¢ to $3.93. The company announced assay…
Miners await presidential elections in Ecuador
On April 11th, Ecuadorians choose a new president with critical implications for the country’s nascent mining industry. For many, the vote is a referendum on the legacy of former president…
Resource nationalism surge spells rough times for miners
Resource nationalism has spiked in more than 30 countries over the last year and more than half of those nations are key producers of minerals and hydrocarbons, a new study reveals….
Colombia, Ecuador & Peru Snapshot: Companies with interesting properties to watch
While Colombia, Ecuador and some parts of Peru are less explored than some more established mining jurisdictions, the three countries feature a rich mining history and prospective geology. Below, we…
Unigold hits high-grade mineralisation at depth on Neita concession in the Dominican Republic
Unigold (TSXV: UGD; US-OTC: UGDIF) has released the latest drill results from its exploration program at the Candelones Extension deposit, part of the company’s wholly-owned Neita concession in the Dominican Republic,…
Generation Mining feasibility defines 13-year open pit mine
A feasibility study from Generation Mining (TSX: GENM) on its 80%-held Marathon palladium-copper project in northwestern Ontario suggests a 25,200 tonne per day open pit operation producing a copper-PGM (platinum…
PureGold drills high-grade gold at three targets as mine ramps up
Pure Gold Mining (TSXV: PGM; LSE: PUR) has released the results of surface exploration drilling completed at the Wedge, Treasure Box and No. 1 Vein targets within its 47-sq.-km PureGold…
Turquoise Hill CEO quits on Rio Tinto meddling
Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) announced on March 4 that its CEO Ulf Quellmann is leaving the company after majority-owner Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) told…