One big gold seller among central banks has even more to offload

Kazakhstan’s central bank is looking to cut the metal’s share to as low as half of its $34.5 billion reserves.

Bloomberg News | July 31, 2023 | 12:29 am

Silver Lake eyes worst day in eight years as sales outlook disappoints

Shares of Silver Lake plunged as much as 24.2% during the session.

Reuters | July 31, 2023 | 12:13 am

Bolivian Indigenous group declares local emergency to counteract gold mining cooperatives’ actions

The Indigenous Peoples of La Paz Central Group issued a local state of emergency following an attempt by gold mining co-ops to modify the zoning of protected areas.

Valentina Ruiz Leotaud | July 30, 2023 | 2:16 pm

Chile’s Supreme Court awards $1.4 million to 31 of the 33 miners trapped in 2010

The Supreme Court ruling states that the National Geology and Mining Service and the Labour Directorate failed to comply with its legal obligation of conducting proper precautionary inspections.

Valentina Ruiz Leotaud | July 30, 2023 | 12:53 pm

Crystallex gets priority in proceeds from Citgo owner share sale

The auction of shares in Citgo Petroleum’s parent company would help to pay $1.2 billion awarded to Crystallex as compensation for a gold mine seized more than a decade ago.

Bloomberg News | July 29, 2023 | 2:03 pm

Hudbay’s Snow Lake discovery could stretch mine life beyond 2038

The company’s winter drilling program had uncovered a trove of new mineralized zones.

Henry Lazenby | July 28, 2023 | 2:41 pm

Newcrest interim CEO on Newmont merger, and why copper could soon outshine gold

Newmont had to come back quite a few times before Newcrest’s board “felt we could not say no.”

Alisha Hiyate | July 28, 2023 | 2:03 pm

Founders Metals drills 12 m of 19.2 g/t gold in Suriname, stock surges

The 238 sq.km. Antino property is the most advanced gold exploration project in Suriname.

Staff Writer | July 28, 2023 | 8:15 am

Canadian gold miners’ Q2 results show strong performance and growth prospects

Agnico-Eagle emerged as a top performer, reporting record quarterly gold production of 873,204 oz., thanks to its 100% ownership of the Canadian Malartic mine in Quebec.

Henry Lazenby | July 27, 2023 | 2:31 pm

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Gold-based sensor helps detect ‘forever chemicals’ in water

Montage hikes Koné gold project economics in West Africa

Seabridge Gold applies to extend KSM environmental permit

Gold price drops to near $2,000 on hawkish Fed comments

Los Pelambres boosted Antofagasta copper production in 2023

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