KORE releases PEA on low-cost heap leach development at Long Valley

Some of the company’s international mining partners include major names such as Glencore, China Molybdenum and Ivanhoe.

Randgold boosted divvy to $2 a share, after a year of record production and soaring profits, but warned the good times may be over soon as it’s now facing demanding new regulations in Congo, one of its key jurisdictions.

The mining sector in the world's top platinum producer has in recent years been laid low by soaring wage and power costs, depressed prices, violent social and labour unrest as well as policy uncertainties.

The Canadian company is set to invest $120 million to conduct underground gold mining for the first time in Guyana’s history.

Mark Bristow says the law will “severely limit the growth of the mining industry in the DRC as well as the country's own economic prospects.”

Their main function would be to move through collapsing, rubble-strewn tunnels at mine sites to map them and analyze pollutants in groundwater.

Jewellers in India had delayed purchases earlier this week and offered gold at a discount anticipating a reduction in the tax in the country's annual budget on Thursday.

Bankers, brokers, refiners and researchers in the London Bullion Market Association's 2018 survey sees gold as high as $1,510 and as low as $1,120 an ounce.

Mining and metal companies are rediscovering the downside of rallying prices: higher costs.