Gold prices record their strongest October surge in nearly half a century The yellow metal rallied an incredible 7.3% last month to close at $1,983 an ounce, its strongest October since 1978, when it jumped 11.7%. U.S. Global Investors | November 6, 2023 | 12:58 pm
Gold price could see new highs if Middle East conflict worsens, says Newmont CEO Spot gold has risen nearly 10% since the war broke out. Staff Writer | November 6, 2023 | 11:15 am
Newmont to sell mines after Newcrest acquisition The largest takeover in the mining industry this year was completed on Monday. Cecilia Jamasmie | November 6, 2023 | 9:59 am
Asante Gold announces extension to Grasshopper pit resource at Bibiani mine in Ghana Constrained indicated resources amounted to 1.88 million tonnes averaging 1.04 grams per tonne for 56,500 oz. of contained gold. Staff Writer | November 6, 2023 | 9:15 am
Barrick Gold boosts stake in Hercules amid takeovers craze Barrick's $17 million investment in Hercules Silver grows its stake in the junior to about 12% from 2.7%. Cecilia Jamasmie | November 6, 2023 | 7:03 am
Zimbabwean miners set for big profit slump next year – report Last year Zimbabwe tripled the royalties platinum miners must pay the government to 7% and more than doubled those for lithium to 5%. Reuters | November 6, 2023 | 6:43 am
New theory aims to explain how gold, platinum deposits formed on earth’s mantle The new theory centers around a thin, "transient" region of the mantle, where its shallow part melts and its deeper part remains solid. Staff Writer | November 6, 2023 | 6:06 am
Peru ramps up efforts to attract mining foreign investments Peru officials are presenting the country as a place of macroeconomic solidity and favourable regulatory frameworks. Valentina Ruiz Leotaud | November 5, 2023 | 11:41 am
India says NMDC subsidiary to mine gold in Australia NMDC will commence its gold mining operation at the Mount Celia project located in Western Australia. Reuters | November 5, 2023 | 10:06 am