Gold price up again as Goldman names it favourite trade

"Our objective over the next few months is to complete the acquisition of the mine and to prepare for an aggressive underground drill program in 2017."

The acquisition of Silver Standard Resources’ exploration properties is part of the Vancouver-based miner recent emphasis on expanding its presence in Mexico.

Trevali Mining jumped more than 4% Monday after it announced the discovery of a new high-grade zinc-lead-silver mineralization at its Santander mine, located in Peru.

Year to date, the company has produced 408,000 ounces of gold from its five mines in Mali, Côte d’Ivoire, and Ghana, which represents a 8% increase compared to the same period in 2015.

This young, innovative Nordic company is set to revolutionize the treatment of the persistent problem of contaminated water from mining companies in South Africa.

The next ten days or so will present gold with two major events both of which could impact on gold in different ways depending on their particular outcome.

Miners have to look at debt, private investors and alternative financing like pre-pays for growth capital according to new report.

Congo began reviewing its mining code in 2012, aiming to increase state revenues and tighten environmental and social regulations, but it has yet to make a decision about it.

Metal is now down more than $50 an ounce in October.