Rio Tinto sees promise at Winu copper-gold project in Australia
Rio Tinto (NYSE: RIO; LSE: RIO) says it has made a “promising” discovery in Western Australia, 2 km east of its Winu copper-gold project, which is on track to begin…
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Gold price hits record high as US dollar drops
Gold continued its upward climb today and made history by touching record prices as worries over the coronavirus pandemic and intensifying U.S.-China tensions weighed on investor sentiment. Spot gold surged…
Chile’s Maricunga belt set to revive country’s gold industry
A wave of new mines in the pipeline on Chile’s Maricunga gold belt are advancing towards construction just as the price of the precious metal hits its highest level in…
ETFs drive gold price in Q2 as physical demand falls: Refinitiv
As the gold price breaks through US$1,900 per oz., Refinitiv has released its review of the gold sector in the second quarter, providing insight into where the demand is coming…
Golden Star sells stake in Bogoso-Prestea gold mine
Golden Star Resources (TSX: GSC; NYSE-AM: GSS) has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future Global Resources for US$55 million…
Iamgold resumes operations at Rosebel after coronavirus outbreak
Iamgold (TSX IMG; NYSE: IAG) has resumed operations at its Rosebel gold mine in Suriname, which was shut down in June after union leaders asked their members to put down…
Pentagon contracts Lynas to design rare earths facility in Texas
Lynas (ASX: LYC) has signed a contract with the U.S. Department of Defense to start design work for a heavy rare earth element (HREE) separation facility in Texas. The facility…
Teranga Gold says Senegal mine a ‘top tier’ asset
Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has released a prefeasibility study for its Sabodala-Massawa complex in Senegal that shows the project is a “top tier mine” asset, the company says….
Canada Nickel aims for zero-carbon emissions at Crawford
On Tesla’s second quarter conference call last week, Elon Musk entreated the industry to: “Please mine more nickel – Tesla will give you a giant contract for a long period…
US gov’t approves Ambler access road in Alaska
The U.S. Bureau of Land Management has approved the development of the northern route to provide access to the Ambler mining district in northwest Alaska. According to South32 (ASX: S32)…
Editorial: Gold and silver fire on all cylinders
The stars continue to align for precious metal prices, driven higher by unprecedented economic and political uncertainty and enormous monetary and stimulus programs. This week leaders of the European Union…
Gold price tops US$1,900 per oz., nears all-time high
Gold prices topped US$1,900 per oz. for the first time since 2011, heading for its biggest weekly gain in more than three months, as momentum builds from flaring geopolitical tensions…