With gold surging, miners face payouts versus production dilemma Some investors are concerned about the longterm growth prospects of an industry built on a depleting resource. Bloomberg News | February 23, 2020 | 11:06 am
Sawiris in talks to buy 51% stake in Egypt state-owned mining firm Sawiris had said that he intended to invest in gold and copper mining in Egypt if investment conditions improved. Reuters | February 23, 2020 | 10:12 am
Ecuadorean court denies public vote on halting mining projects Azuay's prefect, Yaku Perez, who submitted the request, said gold and copper mines threaten communities' water source. Reuters | February 23, 2020 | 9:58 am
India clarifies size of gold discovery in northern state Its hunger for gold cost India more than $31 billion in imports last year. Reuters | February 23, 2020 | 9:47 am
Egypt to launch bid round in March for gold exploration in Eastern Desert – official The country's Eastern desert is believed to be highly mineral-rich as it forms part of an area known as the Arabian-Nubian shield. Reuters | February 23, 2020 | 9:32 am
Brazil mining royalties jump 40% to record high Brazil received more than $1 billion dollars in mineral royalties in 2019. Bruno Venditti | February 21, 2020 | 3:28 pm
Gold price surges on pandemic shock to US economy Gold price up 2% to fresh 7-year high after coronavirus causes first fall in US business activity since 2013 and long term interest rates drop to record low. Frik Els | February 21, 2020 | 10:44 am
AngloGold earnings lifted by bullion price strength Company's free cash flow before growth capital surged 106% to $448 million. Reuters | February 21, 2020 | 10:34 am
Pan American boosts dividend by 43% on strong 2019 cash flow During the fourth quarter alone, Pan American generated $129.5 million from operating activities, the highest in company history. Jackson Chen | February 21, 2020 | 10:27 am