El Domo: one of highest grade and lowest capital intensity copper-gold projects
Adventus Mining and Salazar Resources have announced that the Government of Ecuador has signed the investment contract in support of
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Gold
Will gold price go lower in 2023? How low it can go?
Although the Federal Reserve is slowing the pace of rate hikes, it will continue to tighten its monetary policy in
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Gold to have a difficult start in 2023 but shining by year end
After a difficult year filled with challenging headwinds, the gold market is ending 2022 on an upswing in roughly neutral
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Massive Reko Diq Project Gets All Clear, Barrick Starts Updating Plans
TORONTO – Barrick Gold Corporation has said that it had completed the reconstitution of the Reko Diq Project, having received a favorable opinion
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Harmony acquires Eva Copper, marks beginning of its strategic diversification
JOHANNESBURG – Harmony Gold Mining Company has announce that its acquisition of the Eva Copper project is complete and payment
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SA mining sector contracts 10.4% in October as gold and PGM production lower
According to Statistics South Africa (StatsSA), the domestic mining production decreased by 10.4% year-on-year in October 2022. StatsSA said that
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Russia’s gold reserves a target in U.S. defense spending bill
The U.S. continues to target Russia’s massive gold reserves in an effort to sanction the country for its nearly year-long
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Falling head grades put pressure on gold mining industry
Metals Focus, in its recent report, stated the average head grade at the world’s primary gold operations has been declining
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Anglo Asian to expand capacity of its flotation plant in Azerbaijan
Anglo Asian Mining, a gold, copper and silver producer focused on Azerbaijan, has announced the start of an expansion of
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Should Russia’s gold pay for Ukraine’s war damages?
Kremlin spokesman Dmitry Peskov said Western countries used sanctions to steal its gold and foreign exchange reserves to transfer them
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Barrick and Pakistan review progress on Reko Diq copper-gold Project
Quetta, Balochistan – Barrick Gold Corporation president and chief executive Mark Bristow says the process of completing the final agreements
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Newmont delays Yanacocha Sulfides Project
DENVER – Newmont Corporation has announced it will delay the full-funds investment decision for the Yanacocha Sulfides project in Peru
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Glencore to acquire Newmont’s shareholding in the MARA Project
Glencore International AG (GIAG) and Newmont Corporation have announced they have reached an agreement in which Glencore will acquire Newmont’s
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Rio Tinto completes sale of Cortez Gold Royalty for $525 million
LONDON – Rio Tinto has completed the sale of a royalty it holds on an area including the Cortez mine
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Freeport-McMoRan: copper, gold and molybdenum production up in Q2
Freeport-McMoRan, the world’s second largest copper miner, announced today that the company produced 1,075 million pounds of copper in Q2
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Why a Russia’s Gold Standard Is Not Happening
According to Gary Wagner the Editor of TheGoldForecast.com and Jeff Christian of CPM Group, Russia did not return to a
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Sibanye-Stillwater: gold operations disrupted by strike
Sibanye-Stillwater’s managed SA gold operations were impacted by various operational disruptions during Q1 2022. Production from the Beatrix underground operations
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True partnership will deliver Reko Diq Project
TORONTO – The groundbreaking partnership agreement between Barrick, the federal government of Pakistan and the provincial government of Balochistan should
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Pueblo Viejo moves forward with life of tailings storage facility
Toronto – Barrick Gold Corporation has announced that the Dominican Government had completed its strategic review of the location of
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Endeavour to launch construction of Sabodala-Massawa expansion
LONDON – Endeavour Mining has announced that it will soon launch the construction of its Sabodala-Massawa expansion in Senegal, supported
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Ity Gold is expected to produce between 255-270koz in 2022
Production of Endeavour’s Ity Gold Mine in Côte d’Ivoire remained consistent in Q4-2021 with the prior quarter as higher mill
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Boungou Gold Mine to produce between 130-140koz in FY-2022
Production at Endeavour’s Boungou Gold Mine, Burkina Faso decreased Q4-2021 vs Q3-2021 due to a lower mined and processed grade
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Barrick and Balochistan Agree in Principle to Restart Reko Diq Project
Islamabad – Barrick Gold Corporation and the governments of Pakistan and Balochistan have reached agreement on a framework that provides
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PGMs and gold beat fast reverse, but all-time highs still possible
“Things can’t just keep going up. At some point, equilibrium level has to be reached,” said Edward Meir, analyst with
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Gold, palladium, oil shoot up whilst Russia’s economy crippled
Unprovoked Russia’s war on Ukraine has entered its second week and it is no surprise that traders are looking for
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Filo Mining receives $79 million investment from BHP
Filo Mining announced today a $79 million (C$100 million) non-brokered private placement in the company by BHP Western Mining Resources
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Gold price starts the week back above $1,900 but sees volatility
The gold market continues to see significant volatility as Western nations react to the Russian invasion of Ukraine. Countries across
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Gold behaves unpredictably as the Ukraine conflict evolves
Inflationary pressures will likely continue to spiral higher as the Russian invasion of Ukraine continues. Russia produces roughly 10% of
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Top 10 gold producing countries in 2021
World’s total gold mine production in 2021 amounted to ~3,000 tonnes and was marginally ~1% lower than in 2020 (3,030
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Barrick’s Tanzania gold mines advancing to tier one status
Bulyanhulu Gold Mine – North Mara and Bulyanhulu, which were moribund gold mines when Barrick took over their management two
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