El Salvador sitting on $3 trillion worth of unmined gold, president saysThe country has "potentially" the largest gold deposits per square kilometer in the world, Nayib Bukele said on his X account.Staff Writer | December 10, 2024 | 11:04 am
Barrick chair says he ‘never’ planned to use Hannam for Randgold mergerDealmaker is suing Randgold for up to $18 million over…Staff Writer | December 10, 2024 | 10:47 am
Lundin Gold raises gold guidance, costs for Fruta del NorteIt now expects to produce 475,000–525,000 ounces of gold in…Cecilia Jamasmie | December 10, 2024 | 9:49 am
De Beers closes 2024 with huge price cuts The world’s largest diamond producer by value has reportedly cut prices between 10% and 15% across the board. Cecilia Jamasmie | December 2, 2024 | 6:18 am
Peru names Jorge Montero as minister of mines and energy Montero served as Peru's vice minister of mines from November 2020 to August 2021. Reuters | December 1, 2024 | 11:40 am
Peru votes to extend informal mining permits for six more months Informal mining workers have blockaded key highways to pressure for an extension. Bloomberg News | December 1, 2024 | 9:28 am
Canada’s oil and gas drilling forecast to hit decade high in 2025 – report The Canadian Association of Energy Contractors reports the highest levels of drilling activity and associated jobs since 2015. Staff Writer | November 29, 2024 | 4:58 pm
Indonesia to review compliance in move that could affect mine output Indonesia said it will check miners' compliance with environmental rules and "re-examine" production quotas for those found to be in breach. Reuters | November 29, 2024 | 10:52 am
Contango ORE stock plummets as costs rise at Alaska gold mine The cost rise relates to an overall reduction in the amount of ore being transported annually by approximately 20%. Staff Writer | November 29, 2024 | 8:35 am
Colombia to set up reserve zones amid miners’ concerns Designating certain areas as temporary reserve zones will effectively restrict extraction and exploration in those areas, companies warn. Staff Writer | November 29, 2024 | 4:57 am
Botswana Diamonds gets environmental nod for Thorny River Company expects the mining permit to be granted within the next six weeks, following further community consultations. Staff Writer | November 29, 2024 | 3:34 am
Resolute Mining forks out further $50 million to Mali for detained employees The miner's top boss Terence Holohan and two other employees were released by Mali government, the company said in a statement on Nov. 21. Reuters | November 28, 2024 | 4:31 pm