Global demand for gold fell 14 percent in the first half of this year due mainly to a sharp decline in purchases by exchange traded funds, the World Gold Council said in a report on Thursday.
No charges will be laid under British Columbia’s environmental laws in relation to Imperial Metals Corporation’s Mount Polley tailings-dam breach August 4, 2014.
South Africa's Sibanye Gold will restructure operations in its domestic market, a move that could affect 7,400 of its employees, the gold and platinum miner said on Thursday.
Authorities seek to settle differences with the Canadian miner over Skouries, one of the gold projects the firm is currently developing in northern Greece.
Provinces and territories, beginning by Ontario, need to follow the lead of Nunavut, where Inuit communities have benefitted from successful gold and iron ore mines.
Miner said country offers more favourable conditions to start new projects than Chile, where Antofagasta has majority stakes in four copper mines and has just opened a new one — Antucoya.