El Salvador sitting on $3 trillion worth of unmined gold, president says The country has "potentially" the largest gold deposits per square kilometer in the world, Nayib Bukele said on his X account. Staff Writer | December 10, 2024 | 11:04 am
Barrick chair says he ‘never’ planned to use Hannam for Randgold merger Dealmaker is suing Randgold for up to $18 million over Barrick merger work. Staff Writer | December 10, 2024 | 10:47 am
Lundin Gold raises gold guidance, costs for Fruta del Norte It now expects to produce 475,000–525,000 ounces of gold in 2025, up from its 2024 target of 450,000–500,000 ounces. Cecilia Jamasmie | December 10, 2024 | 9:49 am
Collapsed wall kills five Kenyan gold miners, local official says The incident occurred at the Hillo artisanal mine. Reuters | December 10, 2024 | 9:10 am
Centerra backs Dryden Gold with $2.4 million for 9.9% stake Dryden said it will now be fully financed through 2025 with a C$5.8 million exploration budget. Staff Writer | December 10, 2024 | 8:20 am
Gold price could extend record run into 2025, Heraeus says Heraeus expects gold prices to range from $2,450 to $2,950 per ounce in 2025. Reuters | December 10, 2024 | 7:11 am
Polyus says sanctions will double cost of Siberian gold deposit The cost of developing Sukhoi Log in Siberia has nearly doubled to $6 billion due to Western sanctions. Reuters | December 10, 2024 | 7:07 am
Jaguar Mining stock plunges after tailings pile slump forces Brazil mine shutdown Jaguar expects a return to production to be no shorter than one month. Staff Writer | December 9, 2024 | 2:55 pm
Newmont cuts management jobs in major corporate restructuring The world’s top gold mining company initiated plans to dismiss one executive and at least 10 senior managers, Bloomberg sources said. Bloomberg News | December 9, 2024 | 10:56 am