Resolute closes Ravenswood mine sale

Kinross, which operates two mines in Russia and also owns the problem-plagued Tasiast operation in Mauritania, seeks to strengthen its portfolio in North America.

More environmentalists were murdered in Latin America in 2015 than anywhere else in the world, with anti-mining causes claiming the most lives, a report by Global Witness shows.

Analysts believe there is a strong probability gold will move above $1,340 towards resistance near $1,580 an ounce.

Delhi wants to open up mining of gems and precious metals and cut reliance on imports.

A gold bull market would be good for the badly battered TSX Venture exchange, which is heavily weighted with junior miners with gold projects.

Mining royalties can be a fabulous business model, as demonstrated by royalty and streaming giant Franco-Nevada. The company has become a $15-billion powerhouse with claims on assets ranging from gold and base metals mines to oil and gas operations.

Gold rose sharply after Britain's Brexit vote and technical analyst Jack Chan has found that a new gold bull market has been confirmed.

Moody's says AngloGold Ashanti, Gold Fields will start spewing cash as gold price rise and currency falls combine – for Anglogold it's an extra $20m a month.

The Brexit vote to leave the E.U. is bullish for gold as it creates uncertainty but the real driver for the long term gold price is currency devaluation, which is happening now globally at an unprecedented rate as most countries attempt to lessen the value of their debt.