Lykos Metals finds new gold deposits at Bosnia project

In February, Lykos Metals said it had found significant quantities of gold at the Otomalj location of its Sinjakovo project.

Reuters | June 8, 2023 | 9:46 am

CHARTS: Copper mining profits top $100 billion a year, but where are the new mines?

Copper mining company profits topped $100 billion two years in a row, but building a new mine now takes on average 16 years.

Frik Els | June 8, 2023 | 9:43 am

Gold price climbs as weak US jobs data boosts rate pause chances

Latest data suggests that the US labour market was slowing amid mounting risks of a recession.

Staff Writer | June 8, 2023 | 9:11 am

Franco-Nevada grows royalty on Marathon Gold’s Valentine project

Valentine is considered the largest undeveloped gold project in Atlantic Canada and is scheduled to begin production by the first quarter of 2025.

Cecilia Jamasmie | June 8, 2023 | 3:49 am

Angus Gold beats historical assays at Golden Sky project in northern Ontario

This week’s results compare with 47 intersections from 16 years ago on the property just north of Lake Superior.

Staff Writer | June 7, 2023 | 10:53 am

China’s gold binge extends to seventh month as holdings climb

China raised its gold holdings by about 16 tons in May, according to data from the People’s Bank of China.

Bloomberg News | June 7, 2023 | 9:34 am

Gold ETF net flows turn positive YTD after adding 19t in May — report

However, total assets under management fell slightly by 0.4% to $220 billion due to a lower gold price in the month compared to April.

MINING.com Editor | June 7, 2023 | 9:15 am

Reduced appetite from central banks to bring gold demand down in 2023 – Metals Focus

Demand for gold will drop 9% to 4,375 metric tons this year, according to the consultancy.

Reuters | June 7, 2023 | 8:02 am

Quebec touts millions in government funding for battery metal projects

Quebec is becoming known for mining project funding that hands out several hundred million dollars a year and promotes the province as a battery metals hotspot.

Colin McClelland | June 6, 2023 | 11:33 am

First

Last

Awalé Resources stock soars on 45.7 g/t gold find

Goldman says commodities to gain as central banks cut rates

China’s top miner says it ‘will be targeted’ amid US risks

Criminals’ attempt to kidnap Peruvian miners quashed

Ecuadorian human rights organization denounces criminalization of anti-mining protest

Create FREE account or log in

to receive MINING.COM digests