A plague on all their houses

The Supreme Court of Peru has ruled in favour of a farmer that Newmont Mining (NYSE:NEM) claimed was illegally occupying land it wanted to develop into the Congo mine.

Despite producing less gold, Kinross Gold (TSX:K) made more revenue in the first quarter and is proceeding with an aggressive plan that will slash costs and increase production at its Tasiast gold mine in Mauritania.

Congress decision puts and end to a 10-month tenure during which Regina Lopez ordered the closure of more than half the country's mines and banned open-pit mining.

Despite the drop in production, the gold miner kept guidance unchanged for its 2017 financial year at 540,000 ounces.

Industrial and precious metals, coal, oil, as well as natural gas, collectively accounted for just 6.2% of foreign direct investment into the continent last year.

Agnico Eagle Mines Limited has been fined $50,000 under the federal Fisheries Act for failing to report a spill at its Meadowbank site near Baker Lake, Nunavut.

t's been a rough set of trading sessions for the yellow metal, with gold ending last week at $1,268, a full $21 lower than the previous week.

The Perth-based miner has agreed to purchase 45 million shares of the Canadian junior at a price of $2.45 per share, or about 15% of Arizona Mining’s outstanding shares.

Government officials’ comments add bitterness to the already resentful locals, following wave of negative coverage of Chinese mining practices in the Ghanian media.