MINING.COM

Gold industry sees bullion rising 10% in year despite rates

Gold will rebound strongly next year, despite higher interest rates, according to a survey of the bullion industry.

Bloomberg News | October 18, 2022 | 6:13 pm

JPMorgan must face suit by fired trader claiming retaliation

Donald Turnbull claims JPMorgan told him he was being fired over 14 trading sequences that could be considered spoofing.

Bloomberg News | October 18, 2022 | 4:10 pm

Stillwater Critical enjoys ‘sweet spot’ in Montana’s Lower Stillwater PGMs Complex

Evaluation positions the company as the second-largest landholder in the Stillwater Complex, with a 100%-owned position next to Sibanye’s PGE mines.

Henry Lazenby | October 18, 2022 | 2:28 pm

Russian central bank sees no need in raising gold holdings

Western sanctions, imposed shortly after Moscow sent its troops to Ukraine on Feb. 24, froze around half of Russia's gold and forex reserves.

Reuters | October 18, 2022 | 12:48 pm

Congolese NGOs decry mining in main refuge of ‘Africa’s unicorn’

Illegal gold mining is destroying tracts of pristine rainforest in Congo's Okapi Wildlife Reserve, environmental organizations warned on Tuesday.

Reuters | October 18, 2022 | 11:43 am

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.

Staff Writer | October 18, 2022 | 10:08 am

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.

Bloomberg News | October 18, 2022 | 8:45 am

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.

Bloomberg News | October 18, 2022 | 8:39 am

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.

Staff Writer | October 18, 2022 | 8:20 am

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Global gold producers’ sector credit remains stable — report

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