World Gold Council sees positive 2023 outlook for gold amidst global uncertainty

Despite an “unusually high level of uncertainty” surrounding consensus expectations for 2023, on balance, a “mixed set of influences implies a stable but positive performance for gold,” the WGC says.

Staff Writer | December 9, 2022 | 8:13 am

Pakistan closer to letting Barrick Gold proceed with $7bn project

The copper-gold mine would be one of the largest foreign investments in Pakistan and one of Barrick’s key projects for this decade.

Cecilia Jamasmie | December 9, 2022 | 5:19 am

Cordoba sells 50% stake in Colombian project to China’s JCHX for $100m

The Alacran project is positioned to be the largest copper mine in Colombia in the near future.

Staff Writer | December 8, 2022 | 10:23 am

Ascot drills 488 g/t Au at Big Missouri deposit, its best gold intercept since 2017

These results give the company confidence that "there is more gold to be discovered outside the existing resource model at Big Missouri.”

Staff Writer | December 8, 2022 | 9:28 am

Colombia to create national mining company, 2022 royalties soar

The Ministry of Mines and Energy could sign a memorandum of understanding with the SAE as soon as Monday.

Reuters | December 7, 2022 | 12:30 pm

Equinox Gold sells $51 million stake in Solaris Resources, stock rises

Equinox has seven operating gold mines in the US, Mexico and Brazil and a multi-million ounce growth project in Ontario, Canada.

Staff Writer | December 7, 2022 | 12:16 pm

Gold price hits record in Pakistan as economic woes spur buying frenzy

Gold demand in Pakistan jumped 34% to 13 tons between July and September from a year earlier, according to data from the World Gold Council.

Bloomberg News | December 7, 2022 | 11:16 am

Rio Tinto plays chancy round of Mongolian roulette

December 9 is shaping up to be a big day for Rio Tinto chief executive Jakob Stausholm.

Reuters | December 7, 2022 | 10:06 am

Banyan Gold to raise $8.5 million for Yukon projects

This financing follows up on a C$17 million private placement announced earlier in June.

Staff Writer | December 7, 2022 | 9:24 am

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