Newmont on track to get at least $2 billion from asset sales, COO says The sales are part of plan to focus on so-called Tier 1 assets, which can produce at least 500,000 ounces of gold equivalent for 10 years or longer. Bloomberg News | September 17, 2024 | 10:01 am
Uzbekistan’s NMMC to invest $450 million in renewable energy In the first half of 2024, the NMMC installed photovoltaic panels across 21 major industrial sites with a total capacity of 5,750 kW. Staff Writer | September 17, 2024 | 9:57 am
Goldman says gold may dip if Fed opts for quarter-point cut The precious metal has been one of the strongest performing major commodities this year. Bloomberg News | September 17, 2024 | 8:31 am
Tribal warfare kills at least 20 near Porgera mine in PNG, estimates UN The mine was briefly forced to cease operations as the fighting intensified, according to media reports. Staff Writer | September 16, 2024 | 11:43 am
Pasofino Gold receives $75 million cash offer Upon approvals, the parties expect to enter into a definitive agreement in the fourth quarter of 2024, Pasofino said. Staff Writer | September 16, 2024 | 10:04 am
Thor Explorations expands in Côte d’Ivoire with Guitry gold project acquisition The company has agreed to acquire 100% of the gold project from Endeavour Mining. Staff Writer | September 16, 2024 | 9:40 am
Atlantic Mining to pay Nova Scotia gold mine clean-up bond as it appeals conditions Atlantic contends the provincial deadline for achieving water quality standards around the mine in Moose River is unreasonable. Canadian Mining Journal Staff | September 16, 2024 | 9:29 am
Gowest Gold preps to go private as Chinese investors hold almost half of shares The move coincides with some Canadian junior companies expressing frustration with the federal government for stymieing foreign investment in critical minerals. Blair McBride - The Northern Miner | September 16, 2024 | 9:21 am
Gold price sets new record as Fed rate cut decision looms Spot gold climbed as much as 0.5% to an all-time high of $2,589.70/oz. Staff Writer | September 16, 2024 | 8:56 am