Egypt to launch bid round in March for gold exploration in Eastern Desert – official

In today's very illustrative infographic, we look at how currency debasement, government overspending, and heavy taxation helped fuel the collapse of one of the most powerful empires in ancient history.

Barrick's shrinking production profile could see output fall by 1.5m ounces within two years. World no 2 Newmont Mining forecasts 14% growth next year.

Production declines of as much as 1.5m ounces within two years shifts company's focus to costs with target of $700 per ounce all in.

The miner is set to report fourth-quarter results after markets close on Wednesday.

They cover an area of 12,000 square km and could be rich in gold, iron ore, tin and tungsten, among others.

Gold miners to keep cutting cost, team up amid unusual market conditions that will continue boosting deals, says BMI Research.

Plutonic is the highest-cost of Northern Star's five mines, producing around 79,000 ounces last financial year at an all-in sustaining cost of $1550 an ounce.

The coal sector is the most likely to axe spending even further this year (38%), ahead of precious metals (25%), a new study found.

Gold miners in particular have stepped up technology investment within a falling capex budget, as the metal price in producers’ currencies has held up much better than other commodities.