Through a newly formed joint venture, Newmont Mining will gain a 70-percent stake in Nova Resources' Officer Hill gold project in Australia.Read full newsRead More

The U.S. Army Corps of Engineers announced that a Draft Environmental Impact Statement for Northern Dynasty Minerals' (TSX: NDM) Pebble mine will be completed in January 2019.During a press conference held this week at its Alaska division, representatives for the Corps said that the document will be open for public comment for 90 days rather than the usual 45 days.Prior to this, a "scoping report"...Read More

How Chinese investment and pull increasingly drive our mining sectorRead full newsRead More

ANGLOGOLD Ashanti has scored a huge coup in the form of Barrick Gold president, Kelvin Dushnisky, who has agreed to take up the company's reins from current CEO, Srinivasan Venkatakrishnan, whose last day at the Johannesburg-headquartered firm is on August 31. Venkatakrishnan, or 'Venkat' as he is known, is to become CEO of Vedanta. SiphoRead full newsRead More

It was a down quarter for Canada's biggest gold miners. Barrick Gold, Goldcorp and Agnico Eagle Mines all reported weaker results compared to a year ago, despite higher gold prices. BNN Bloomberg's Paul Bagnell reports.Read full newsRead More

The president of Peru's National Society of Mining, Petroleum, and Energy, Pablo de la Flor, issued a statement today saying that Anglo American (LON:AAL) and Mitsubishi's joint venture to develop the Quelleveco project marks a new era for the country's mining industry.According to de la Flor, the project located in the southern Moquegua region will create 9,000 jobs during its construction phase...Read More

Canada's Eldorado Gold (TSX:ELD)(NYSE:EGO) increased its full-year production guidance to 330,000-340,000 ounces of gold at $580-$630 per ounce from the previous 290,000-330,000 ounces of gold predicted for 2018.In a press release, the Vancouver-based miner said that the expected growth would be driven by Kisladag, its flagship gold mine in Turkey, which saw increased production due to improved le...Read More

Yamana Gold Inc. (TSX: YRI; NYSE: AUY) late Thursday reported that the company was profitable in the second quarter, with gold production so far this year on track to exceed 2018 guidance.Net earnings were put at $18 million, or 2 cents per share, a turnaround from a net loss of $39.9 million, or 4 cents, in the second quarter of 2017. Excluding special items, the company’s income would be a...Read More

The Pilbara Gold Rush in Western Australia kicked off in July 2017 with Artemis Resources (ASX:ARV) and Canadian joint venture partner Novo Resources' (TSXV:NVO) discovery of near-surface conglomerate-hosted gold nuggets over impressive strike lengths at Purdy's Reward.Read full newsRead More

Mr. Brian Groves reportsGENESIS DEVELOPS A NEW GEOLOGICAL MODEL FOR THE CHEVRIER GOLD PROJECTGenesis Metals Corp. has provided an update on the results of modelling of gold mineralization within the Main zone at the Chevrier gold project near Chibougamau, Que.It is the first time after the drilling of 213 drill holes over 29 years that a comprehensive and robust geological model has been developed...Read More

(Kitco News) - Coeur Mining, Inc. (NYSE: CDE) reversed to a profit in the second quarter on higher output, the company announced Wednesday.Net income came in at $2.9 million, or 2 cents per share, compared to a loss of $10 million, or 6 cents, in the second quarter of 2017. Adjusted net income from April through June was $1.1 million, or a penny per share, a turnaround from an adjusted loss of $1....Read More

Barrick reported a net loss of US$94 million or 8 cents per share, and adjusted net earnings of $81 million or seven cents per share for the second quarter of 2018.Barrick (NYSE:ABX) traded down -1.18% to US$11.68 as of 5:42 p.m. EDT.Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo. The company says it remains on track to meet full-...Read More

- South African gold production collapsed again in May - down 16%- South Africa production has collapsed 85% from 1,000 tonnes in 1970 to 145 tonnes- Long term, ongoing collapse appears to have deepened- Gold price suppression has destroyed gold mining in South Africa and rest of Africa, impacted African economies, jobs and people- 'Peak gold' or 'plateau gold' production is coming as...Read More

Newmont Mining Corp. (NYSE: NEM) is maintaining a quarterlydividend of 14 cents per share. While this is the same as the dividend paidafter the first quarter, the company notes that it is 87% higher year-on-year.The dividend will be payable on Sept. 27 to shareholders of record at the closeof business on Sept. 13. By Allen Sykoraof Kitco News; asykora@kitco.com RoxgoldResources: 2Q Gold Outpu...Read More

The ongoing trade war between the United States and China has forced the Chilean Copper Commission (Cochilco) to revise downwards its average copper price prediction by $0.06 per pound to $3.The state agency also said it expected the metal's price to climb back upwards next year, reaching $3.10 per pound.In terms of output in Chile, the world's largest copper producing country, Cochilco expects...Read More

The jump to Johannesburg allows Dushnisky to finally ascend to the helm of a major gold companyRead full newsRead More

VANCOUVER, British Columbia, July 23, 2018 (GLOBE NEWSWIRE) - Western Resources Corp. ("the Company") is pleased to announce that its wholly owned subsidiary Western Potash Corp. ("Western") has successfully developed a groundwater supply source for the Company's proposed Milestone Phase I Potash Project ("Phase I Project") located 35 km southeast of Regina, Saskatchewan. Water pump test results...Read More

Source: Clive Maund for Streetwise Reports 07/24/2018Technical analyst Clive Maund provides copper, gold, platinum, silver and US dollar updates at what he calls a "key juncture."Commodities, including gold and silver, have plunged to become so deeply oversold that a snapback rally looks likely soon. This could be sharp and could trigger a wave of short covering. Such a rally is likely to be s...Read More

Hedge fund billionaire John Paulson is stepping up his campaign against Canadian gold-miner Detour Gold. Paulson & Co. is pushing for an overhaul of Detour's board and plans to call for a speci...Read full newsRead More

(Reuters) - Canadian miner Barrick Gold Corp (ABX.TO) said on Monday its Chief Executive Officer Kelvin Dushnisky will step down and take the top job at South African gold producer AngloGold Ashanti Ltd (ANGJ.J).Dushnisky, who joined Barrick in 2002, will step down by end-August.(This version of the story has been refiled to correct to 2002 from 2012 in the 2nd Paragraph.)Reporting by Laharee Chat...Read More