Gold price edges higher on weaker US dollar

The mine is expected to produce an average of 62,000 ounces of gold a year over a seven-year mine life .

Q3 which proved challenging for miners as lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted.

It is expected that companies may choose to use the updated guidance starting January 1, 2019.

White Metal is expanding its gold property located in the Botwood Basin.

The Melbourne-based miner is interested in the Highland gold/silver project, located within the Walker Lane Gold trend.

Gold Fields is having to sneak maintenance teams into its South Deep mine in South Africa after protesters shot at vehicles trying to enter the site, where workers have been on strike since Nov. 2.

Dealers in India were charging a premium for the first time since early September -- of up to $3 an ounce over official domestic prices this week.

The nine mines, six of which are nickel operations, have been shut since 2017 as part of an environmental crackdown on the sector.

The company has now upgraded 90% of its Kari Pump resource to the indicated category.