Great Bear PEA suggests multi-decade Kinross gold mine in Ontario
When Kinross Gold bought the Great Bear project in northern Ontario’s prolific Red Lake district two and a half years ago, its thinking was to acquire an extraordinarily high-grade gold asset that would one day become a world-class mine.
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Visit: 48
China’s central bank pauses gold purchases for a fourth month in August
China’s central bank held back on buying gold for its reserves for a fourth straight month in August, official data showed on Saturday.
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Visit: 41
Westgold and Yancoal to join ASX 200 index
Westgold Resources and Yancoal are set to be included in the S&P/ASX 200 index, taking effect prior to the open of trading on September 23.
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Visit: 66
Carnaby celebrates ‘significant’ copper-gold results
Carnaby Resources is celebrating assay results from drill holes at its Mohawk copper-gold discovery within the Greater Duchess copper-gold project in Mount Isa, Queensland.
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Visit: 69
Bellevue ramp-up reaches golden milestone
Bellevue Gold has taken the next step in its plan to ramp up gold production to 250,000 ounces per year at its namesake project in Western Australia.
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Visit: 62
China’s central bank pauses gold purchases for a fourth month in August
China’s central bank held back on buying gold for its reserves for a fourth straight month in August, official data showed on Saturday.
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Visit: 47
Yukon gold mine disaster sparks fears of soaring taxpayer bill
The sudden collapse of Victoria Gold Corp.’s Eagle Mine — and with it, the company — is part of a long and ugly history in northern Canada.
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Visit: 47
Goldman temporarily suspends zinc coverage
Goldman Sachs has suspended covering zinc markets “for the moment”, citing “restricted capacity” following the departure of the sector lead earlier this year.
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Visit: 40
Argentina ships gold bars abroad to be financially certified
Argentina’s central bank sent part of its gold reserves abroad in recent weeks to be validated for financial use, a move that could give the country some much-needed flexibility, according to people with direct knowledge of the matter.
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Visit: 40
Goldman cuts copper price forecast by $5,000 as bullish bet closed
Goldman Sachs Group Inc. exited a long-term bullish position on copper and slashed its price forecast for 2025 by almost $5,000, citing shrinking demand in China.
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Visit: 38
Ghana to launch ‘monster mines’ to boost gold production
Africa’s top gold producer Ghana will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces, the head of its mining sector regulator told Reuters.
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Visit: 66
Endeavour settles African gold mine dispute with buyer Lilium
Endeavour Mining Plc and Lilium Mining settled legal proceedings over the sale of two African gold mines, with the assets to be transferred to the Burkina Faso government.
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Visit: 462
Gold bulls delight in Jackson Hole as Powell juices price rally
Gold’s record-setting rally above $2,500 an ounce looks to have further to run as the Federal Reserve prepares to chop rates, traditional drivers such as lower yields return, and Western investors pile back in.
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Visit: 40
China’s gold demand expected to rebound as economic jitters spur buying
Gold demand in China is expected to improve in coming months as consumers adjust to higher prices, industry officials said, with economic uncertainty and concerns about currency weakness driving investment flows.
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Visit: 48
Peru’s gold exports to India set to hit record high, says official
Peru’s gold exports to India are set to jump 36% from a year ago to a record $3 billion in 2024, driven by rising demand from the world’s second-biggest consumer, a senior government official said on Friday.
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Visit: 55
Gold Fields slumps after cutting output target for second time
Gold Fields Ltd. fell the most in 10 weeks after reducing its production guidance for the second time in less than three months due to operational challenges at mines in Chile and South Africa.
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Visit: 48
Hedge funds boost bullish wagers on gold to four-year high
Money managers’ bullish wagers on gold jumped to the highest in more than four years on expectations for earlier, deeper monetary easing by the Federal Reserve to bolster the economy.
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Visit: 51
Mali’s gold reserves fall to 731 tonnes
Mali’s gold reserves fell 17% between 2022 and 2024 to 731 metric tons, statistical data from the mines ministry showed on Wednesday.
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Visit: 43
Strong tailwinds for gold’s excursion into uncharted territory
Geopolitical tensions, uncertainty created by the upcoming US Presidential election and prospective interest rate cuts look set to help power gold prices, already at records above $2,500 an ounce, to even loftier levels.
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Visit: 52
China’s gold imports tumble again as record prices deter buyers
Chinese consumers continued to pull back on gold purchases last month, as record prices and a sustained economic slowdown curbed demand in the world’s biggest bullion-buying nation.
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Visit: 54
Gold bars are worth a million dollars for the first time
For the first time ever, a bar of gold is worth a cool one million dollars.
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Visit: 59
Gold price tops $2,500 on outlook for lower rates
Gold topped $2,500 an ounce for the first time, bolstered by hopes the US Federal Reserve is edging closer to cutting interest rates.
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Visit: 81
Canada’s Yukon aims to reopen mine seized from Victoria Gold
Canada’s Yukon Territory wants to eventually reopen a gold mine it seized from Victoria Gold Corp. after a major landslide and cyanide spill at the facility earlier this summer.
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Visit: 49
Germany, Italy import legally dubious Brazilian gold, study shows
All Brazilian gold imports by Germany and 71% by Italy come from areas of the Amazon where illegal mining is rampant, a think thank said on Tuesday, calling for increased European scrutiny
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Visit: 60
Yukon Territory government seeks to place Victoria Gold into receivership
The government of a Canadian territory is seeking to place Victoria Gold Corp. into receivership after a major landslide and cyanide spill at the company’s flagship bullion mine earlier this summer.
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Visit: 50