Venezuelan opposition party demands environmentally friendlier mining operations

The gold miner’s employees will receive this year 90 shares each, taking the total held by staff to more than 1.5 million shares.

Democratic Republic of Congo President Joseph Kabila's plan to discuss proposed changes to mining royalties with mining company representatives on Tuesday has been postponed by a day.

Legendary investor Rick Rule, Chief Executive Officer, Sprott US Holdings, speaking ahead of his appearance at Mines and Money Asia, is positive on gold equities for 2018.

According to the Minister of Northern Development and Mines, the Province wants to help improve mine productivity in the region, increase operating efficiencies, and contribute to the global expansion of northern businesses.

According to the Chamber of Mines of South Africa, illegal miners in the country usually belong to organised crime syndicates.

The survey found that exploration expenditures across BC totaled $246 million in 2017, up $41 million (20%), from the year before.

Global spending on the search for nonferrous metals rose to an estimated US$8.4 billion in 2017, compared with US$7.3 billion in 2016.

Production in 2017 rose by 3 tonnes from the year before to 301 tonnes, equal to about 9.7 million ounces and the highest since 1999.

“We want to grow to be an at least 1-million-ounce-a-year producer with three to four operations,” said Chief Executive Ron Hochstein at PDAC.