Over a mine life of 10.5 years, the TZ project is expected to produce 1.83 million oz. of gold, averaging 175,000 oz. per year.

Staff Writer | September 12, 2022 | 9:15 am

Colombia to require environmental permits for exploration

Companies operating in Colombia currently need environmental permission only for the extraction and production phases of projects.

Cecilia Jamasmie | September 12, 2022 | 6:59 am

President Nicolas Maduro has been striking deals with bigger miners, seeking more production and more revenue for the treasury.

Reuters | September 12, 2022 | 6:50 am

Gold continues to languish near major lows after a rough summer, deeply out of favor with traders.

Gold advanced to the highest since late August with markets expecting a super-sized interest rate increase.

Staff Writer | September 9, 2022 | 9:18 am

Polyus had previously asked bondholders to accept payment in a currency other than the US dollar.

Reuters | September 9, 2022 | 8:59 am

The activist investor is the second-largest shareholder of Turquoise Hill Resources.

Reuters | September 9, 2022 | 8:55 am

The feasibility study forecasts an after-tax net present value of over $1 billion and internal rate of return of 50.2% .

Staff Writer | September 8, 2022 | 1:54 pm

The project's base case after-tax NPV is C$1.07 billion, with an internal rate of return of 31.7%.

Staff Writer | September 8, 2022 | 10:44 am

Brazilian companies invest in blockchain to fight illegal gold mining