October 18, 2022 Probe Metals finds ‘remarkable consistency’ at Val-d’Or gold project’s Monique Highlights from the results of 45 new holes showed continued strike and depth expansion with significant gold intercepts along the Monique gold zones.
October 18, 2022 Gold price pares gains with focus on rates outlook and recession risks Bullion has had a wild ride this year, tumbling almost 20% since a March peak as the Federal Reserve aggressively tightened monetary policy.
October 18, 2022 India’s festival gold sales to shine less brightly this year Demand for gold jewelry, coins and bars typically peaks in the world’s second-biggest consumer over October to December.
October 18, 2022 Mayfair Gold expands resources at Fenn-Gib deposit in Ontario Fenn-Gib now hosts a pit-constrained indicated resource of 118.1 million tonnes at 0.81 g/t for 3.06 million oz. of contained gold, representing a 47% increase over the previous estimate.
October 18, 2022 Cobre Panama copper mine contract could be ready next month, ministry says First Quantum has been waiting for the document since September 2021, when it began negotiations with the government of Panama.
October 18, 2022 Zijin to buy Rosebel from Iamgold for $360 million The Chinese miner will acquire Iamgold's 95% interest in Rosebel Gold Mines, which owns the Rosebel operation and 70% of Saramacca in Suriname.
October 17, 2022 Artemis closes $127 million financing for Blackwater gold project Blackwater has proven and probable reserves of 334.3 million tonnes grading 0.75 g/t gold and 5.8 g/t silver.
October 17, 2022 Russian mining giant told it’s not welcome at gold industry bash The London Bullion Market Association has barred Norilsk Nickel from its annual precious metals conference.
October 17, 2022 Victoria Gold resumes operations at Eagle mine after conveyor belt failure The Eagle mine first entered commercial production in July 2020, becoming the largest gold mine in Yukon history.
October 17, 2022 Gold price rebounds as dollar, yields pull back Gold prices have fallen 20% since scaling above the key $2,000 per-ounce level in March.