Triple Flag closes $550 million gold and silver stream on Northparkes mine

“A lot of investors were really badly burned, ourselves included.”

The Vancouver-based company announced the immediate reduction of underground mining operations and workforce at its True North mine.

Fruta del Norte is expected to produce 340koz of gold per year over 13 years.

The Bougainville government has imposed an indefinite moratorium on mining at the controversial Panguna site — once the world's biggest open-pit copper mine.

Gold stocks blew past their 200-day moving averages, gold over $1300/oz. Now let's take a technical look and focus on key support and resistance targets.

The Egypt-focused gold miner also expects solid growth this year. It’s targeting 580,000 ounces in production, up from an estimate of 550,000-560,000 ounces.

Fresh Kakula resource estimate being prepared based on drilling completed to the end of December 2017.

Chinese media is reporting that a large deposit of silver has been found in the autonomous region of Inner Mongolia.

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.