The increased tonnage in the indicated resource comes as the inferred resource shrinks to 499,000 oz. of  gold.

Approximately 4,661 ounces of gold were produced in August, with gross revenues of approximately $9 million recognized in the month.

The new vein, named Yessi, has a geochemical signature indicating a potentially different phase of mineralization containing a higher gold to silver ratio and low levels of base metals.

Nigeria wants mining to play a much bigger role in its economy by expanding its mineral extraction sector.

Four people including two Chinese nationals and a Ghanaian citizen were killed in an ambush on a TSM convoy.

The company pegged the financial impact of the dispute at its Penasquito mine at approximately $1 million in maintenance costs and $2.7 million a day in lost revenue.

BHP's $6.4 billion purchase of Oz Minerals included an untapped gold deposit and four small, but high-grade, copper-gold mines in the state of Para.

Gold’s recent pullback sure overstayed its welcome, increasingly vexing as August marched on.