Gold Top Stories

Sibanye may seek $500m via metals prepayment deals to boost cash

The precious metals producer saw profits tumble $2 billion last year due to lower metal prices and a reported $2.6 billion of impairments.

Reuters | April 10, 2024 | 5:31 am

Gold’s rapid ascent isn’t over yet, fund managers say

In New York’s Comex gold futures market, money managers are…

Bloomberg News | April 10, 2024 | 3:57 am

Silvercorp sells stake in Orecorp to Perseus Mining

Silvercorp is selling its 15.6% stake in OreCorp to Perseus…

Cecilia Jamasmie | April 10, 2024 | 3:29 am

Outflows from gold ETFs slowed in March

Global gold ETFs saw outflows of $823 million in March,…

Reuters | April 9, 2024 | 11:05 am

Sixty North outlines plans for Mon gold project following last year’s NWT wildfires

The former Mon mine produced 15,000 tonnes of ore grading…

Staff Writer | April 9, 2024 | 10:45 am

Endeavour Mining’s second-biggest gold mine hit by strike

Access road to the Houndé mine in Burkina Faso is blocked, adding a fresh challenge to the Canadian miner that recently fired its CEO.

Cecilia Jamasmie | January 23, 2024 | 5:47 am

Mining generated C$18 billion for BC economy in 2022 – report

This represents a 40% improvement over the figure in 2021 and 46.3% higher than the C$12.3 billion reported for 2018.

Henry Lazenby | January 22, 2024 | 11:26 am

Sandvik, Barrick extend partnership to include remote monitoring service

Sandvik and Barrick will aim to improve safety, productivity and sustainability through implementing the latest technology advancements.

Staff Writer | January 22, 2024 | 11:06 am

Managem plans $300 million capital increase in 2024

This capital will fund the company's gold, copper and cobalt expansion plans.

Reuters | January 22, 2024 | 9:49 am

OreCorp rebuffs latest takeover bid as Perseus-Silvercorp battle rages

Perseus and Silvercorp are vying for OreCorp’s Nyanzaga project in Tanzania.

Colin McClelland | January 22, 2024 | 9:38 am

Steppe to create Mongolia’s largest gold producer with Boroo merger

The merger will effectively triple Steppe's existing annual production.

Staff Writer | January 22, 2024 | 8:46 am

Barrick hails new airport terminal, mines revival in Tanzania

The $384,000 terminal, built at the closed Buzwagi gold mine, will serve more than 200 passengers at a time, compared with 25 previously.

Staff Writer | January 22, 2024 | 3:57 am

Mexican MP asks for prior consultation principle to be added to new Mining Law

Left-wing MP Mary Carmen Bernal presented an initiative before the Mexican Parliament to make prior consultation mandatory in the new Mining Law.

Staff Writer | January 21, 2024 | 12:25 pm

Gold riches fuel Sudan militia’s war to rule nation, UN says

US investigations show that the Rapid Support Forces group is using proceeds from gold mining to fund its war against Sudan's army.

Bloomberg News | January 21, 2024 | 10:45 am

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