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After a year of operations, LSE- and Nasdaq-listed Randgold Resources was turning its focus to finding more reserve ounces at the Kibali mine, in the Democratic Republic of Congo (DRC) to secure its future as a long-life mine and one of Africa’s largest gold producers.Randgold developed and opera...
Mon, 20 Apr 2015 10:55:00 -0600 Source: Miningweekly
The precious metal is Mali’s top foreign exchange earner.
Mon, 20 Apr 2015 10:45:42 -0600 Source: Mineweb
A spectacular new dust control system announced at a Chamber of Mines (CoM) of South Africa conference on Monday is described as the closest the industry has come to a silver bullet to put an end to the curse of silicosis and other lung diseases that have plagued the South African mining industry...
Mon, 20 Apr 2015 08:39:00 -0600 Source: Miningweekly
CARSON CITY, Nev., April 20, 2015 (GLOBE NEWSWIRE) -- Mexus Gold US (OTCQB:MXSG) ("Mexus" or the "Company") announced an update on its placer operation and ongoing negotiations for underground mining at the Julio. On April 8th, a $10,000 payment was received from its Mexican...
Mon, 20 Apr 2015 07:00:00 -0600 Source: PrimeZone: Mining & Metals
Dual-listed gold miner Perseus Mining has revealed an updated life-of-mine (LoM) plan for its Edikan gold mine, in Ghana, which the miner said proved the project’s economic reliability.The revised LoM plan involved mining and processing ore from seven optimised openpits, which host an ore reserve...
Mon, 20 Apr 2015 02:24:00 -0600 Source: Miningweekly
Any increase by the Democratic Republic of Congo in the taxes it levies on mining will stifle new investment in the mineral-rich African country, gold miner Randgold Resources' CE said. Congo's draft mining code – which proposes to raise corporate taxes to 35% from 30% and introduce a new 50% win...
Mon, 20 Apr 2015 00:21:00 -0600 Source: Miningweekly
Gold was little changed above $1,200 with a softer dollar providing support for the safe-haven metal.
Sun, 19 Apr 2015 22:36:00 -0600 Source: CNBC.com | Stock Market Headlines
*Gold holds steady amid weaker dollar. SINGAPORE, April 20- Gold was little changed above $1,200 an ounce on Monday with a softer dollar providing support for the safe-haven metal, but a lack of robust physical demand and uncertainty over the timing of a U.S. interest rate hike kept investors on ...
Sun, 19 Apr 2015 21:50:00 -0600 Source: CNBC.com | Interest Rates
US-based Coeur Mining has completed its acquisition of Paramount Gold and Silver for $146m after gaining stockholder approval from both companies.
Sun, 19 Apr 2015 17:00:00 -0600 Source: NRI: Mining Technology
Officers continue to search through rubble at the site.
Sun, 19 Apr 2015 01:36:10 -0600 Source: Mineweb
Coeur Announces Positive Results of Stockholder Votes and Completes Acquisition of Paramount Gold and Silver
CHICAGO, April 17, 2015 (GLOBE NEWSWIRE) -- Coeur Mining, Inc. ("Coeur" or the "Company") (NYSE:CDE) announced that the proposals related to the previously announced acquisition of Paramount Gold and Silver Corp. ("Paramount") were approved by both Coeur stockholders...
Fri, 17 Apr 2015 14:05:00 -0600 Source: Metals News via PrimeZone
Precious metal prices were broadly unchanged this week, confined to a tight trading range of $1210 to $1185 for gold and $16.60 to $16.00 for silver. There were several attempts by sellers to force prices to break down, but from the ...
Fri, 17 Apr 2015 07:30:03 -0600 Source: Safehaven
Gold firmed around $1,200 but the metal was headed for its second straight weekly drop, weighed down by speculation over the Fed rate hike timing.
Thu, 16 Apr 2015 21:55:00 -0600 Source: CNBC.com | Stock Market Headlines
"There are three precious metals of freedom: gold, silver and lead," said Michael Fuljenz, President of Universal Coin & Bullion, who received one of the National Rifle Association's...(PRWeb April 16, 2015)Read the full story at http://www.prweb.com/releases/2015/04/prweb12660367.htm
Thu, 16 Apr 2015 19:15:42 -0600 Source: PR Web: Mining / Metals
Wolfden Resources and Votorantim Metals Canada have extended the exclusivity period from 9 to 30 April for the company to acquire a 65% interest in the Murray Brook project from Votorantim.
Thu, 16 Apr 2015 17:00:00 -0600 Source: NRI: Mining Technology
The yellow metal extended a rebound from a two-week low.
Thu, 16 Apr 2015 15:41:15 -0600 Source: Mineweb
Ariab Mining Company owns and operates gold mines.
Thu, 16 Apr 2015 15:40:55 -0600 Source: Mineweb
TSX-V: GMN TORONTO, April 16, 2015 /CNW/ - (TSXV:GMN): GobiMin Inc.
Thu, 16 Apr 2015 08:52:00 -0600 Source: CNW Group | Mining/Metals
Despite numerous challenges, Aim-listed Mwana Africa increased gold production at its Freda Rebecca mine and nickel concentrate output at its Trojan mine, in Zimbabwe, during the three months ended March 31. The diversified miner noted in a statement to shareholders on Thursday that it had experi...
Thu, 16 Apr 2015 03:16:00 -0600 Source: Miningweekly
Sudan has taken full ownership of Ariab Mining Company after purchasing a 44% stake from Egyptian billionaire Naguib Sawiris in a $100-million deal, the country's minister of mining said on Wednesday. Ahmed Sadiq al-Karouri told Reuters the government had already paid half of the sum and would pa...
Thu, 16 Apr 2015 02:44:00 -0600 Source: Miningweekly
Serabi Gold plc ("Serabi" or the "Company") First quarter update on Serabi's Tapajos gold operations at Palito and Sao Chico
LONDON, April 16, 2015 (GLOBE NEWSWIRE) -- Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian focused gold mining and development company, is pleased to provide an operational update for the first quarter of 2015 on its wholly owned Palito and Sao Chico gold operations in the Tapajos region of Par...
Thu, 16 Apr 2015 00:00:00 -0600 Source: PrimeZone: Mining & Metals
WINNIPEG, April 15, 2015 /PRNewswire/ - San Gold Corporation (TSX-V: SGR) ("San Gold" or the "Company") announces it has expanded the scope of the temporary operational changes initiated at its Rice Lake mine in March, including the suspension of all mining operations. The changes...
Wed, 15 Apr 2015 18:30:00 -0600 Source: PR Newswire: Mining/Metals
Under the 20-year deal, KEFI plans to mine for both gold and silver over an area of 7 square kilometres.
Wed, 15 Apr 2015 13:55:39 -0600 Source: Mineweb
Alliance Mining Corp. and Compania de Minas Buenaventura S.A.Enter Into Memorandum of Understanding for Previous Operating Gold Mines in Peru
VANCOUVER, British Columbia, April 15, 2015 (GLOBE NEWSWIRE) -- ALLIANCE MINING CORP (TSX-V:ALM), (the "Company") is pleased to announce that on April 10, 2015 it entered into two memorandum of understanding (each, a "MOU") with Companyia de Minas Buenaventura S.A. ("Buen...
Wed, 15 Apr 2015 07:40:00 -0600 Source: PrimeZone: Mining & Metals
VANCOUVER, British Columbia, April 15, 2015 (GLOBE NEWSWIRE) -- Pinecrest Resources Ltd. (TSX-V:PCR) is a mineral exploration and junior mine development company focused on precious metal projects. The company's flagship asset is a 100% interest in the Enchi Gold Project in Ghana acquired fr...
Wed, 15 Apr 2015 07:30:00 -0600 Source: PrimeZone: Mining & Metals
The Competition Commission has recommended to the Competition Tribunal that the acquisition of the mothballed Everest platinum mine, in Mpumalanga, by Northam Platinum subsidiary Micawber be approved, without conditions. Micawber intended to acquire and take cession of the mining right associated...
Wed, 15 Apr 2015 06:55:00 -0600 Source: Miningweekly
TSX: GPR NYSE MKT: GPL VANCOUVER, April 15, 2015 /PRNewswire/ - GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL; "Great Panther"; the "Company") announced strong production results for the first quarter ("Q1") 2015 at its two wholly-owned Mexican silver mining operations, the...
Wed, 15 Apr 2015 06:30:00 -0600 Source: PR Newswire: Mining/Metals
The Australian Trade Commission (Austrade) launches the third edition of its annual campaign in the Middle East North Africa (MENA) region to promote the bilateral trade, in-vestment and cultural ties that exists between Australia and the GCC. The program’s activities will ex-tend to UAE, Saudi A...
Wed, 15 Apr 2015 05:17:13 -0600 Source: Financial Planning
On US Fed interest-rate outlook.
Tue, 14 Apr 2015 12:20:45 -0600 Source: Mineweb
JOHANNESBURG, April 14, 2015 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) provides production and cost guidance for the Group for the March 2015 quarter (Q1 2015). First quarter production was planned lower due to the Christmas break in South Africa and mine...
Tue, 14 Apr 2015 10:11:00 -0600 Source: PR Newswire: Mining/Metals
The Christmas break in South Africa and mine scheduling at the other operations led to lower output for the three months ended March 31, triple-listed miner Gold Fields said on Tuesday. Despite the lower production being planned, output in the period was down 10% quarter-over-quarter to 501 000 o...
Tue, 14 Apr 2015 10:02:00 -0600 Source: Miningweekly
JSE-listed Tharisa has posted record monthly production from its South African mine, delivering 12 874 oz of platinum-group metals (PGMs) in March and exceeding the previous record of 10 593 oz, produced in January. The company added in a production update on Tuesday that it had lifted output for...
Tue, 14 Apr 2015 06:09:00 -0600 Source: Miningweekly
CHICAGO, April 14, 2015 (GLOBE NEWSWIRE) -- Coeur Mining, Inc. ("Coeur" or the "Company") (NYSE:CDE) announced an updated and re-scoped mine plan and a preliminary economic assessment for its Kensington gold mine located in Southeast Alaska. The new mine plan reflects the rece...
Tue, 14 Apr 2015 05:00:00 -0600 Source: PrimeZone: Mining & Metals
Aureus Mining Inc. Commissioning of Crushing Circuits Completed, First Gold Pour on Track for End May 2015
Tue, 14 Apr 2015 05:00:00 -0600 Source: CNW Group | Mining/Metals
Platinum prices will average $1 500/oz in 2016 and $1 285/oz this year, French bank Natixis forecasts in its metals review for the first half of 2015. Platinum is currently trading at a far lower $1 147/oz with recycled metal and above-ground stocks still playing a price-restraining role.
Tue, 14 Apr 2015 04:25:00 -0600 Source: Miningweekly
Gold exploration and development company Kefi has signed a mining agreement with Ethiopia’s Ministry of Mines to further its 1.9-million-ounce Tulu Kapi project, in the west of the country. The Aim-listed company said the mining agreement on its 100%-owned mine was a “landmark achievement” that e...
Tue, 14 Apr 2015 01:41:00 -0600 Source: Miningweekly
*Gold hits two-week low as euro slips. SINGAPORE, April 14- Gold dropped for a fifth session in six on Tuesday as a firmer dollar eroded modest gains to drag bullion back below $1,200 an ounce, while prices are likely to come under further pressure amid a looming hike in U.S. interest rates. Spot...
Tue, 14 Apr 2015 00:46:00 -0600 Source: CNBC.com | Interest Rates
VANCOUVER, April 13, 2015 /PRNewswire/ - Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce that, further to the Company's press release of March 11, 2015, Gold Bullion and Takara Resources Inc. ("Takara") (TSX.V: TKK)...
Mon, 13 Apr 2015 16:34:00 -0600 Source: PR Newswire: Mining/Metals
The CC&V mining operation generated 211,000 ounces of bullion last year.
Mon, 13 Apr 2015 08:35:30 -0600 Source: Mineweb
Shaft sinking work at the main and ventilation shafts of Wesizwe Platinum’s Bakubung mine, in North West, have been temporarily stopped pending the outcome of an investigation into the death of a contractor. JSE-listed Wesizwe reported on Monday that the 50-year-old contractor, who was working as...
Mon, 13 Apr 2015 07:36:00 -0600 Source: Miningweekly
Orvana to Present at the European Gold Forum, Zurich and the 1-2-1 Mining Investment Conference, London
TSX:ORV TORONTO, April 13, 2015 /PRNewswire/ - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") is pleased to announce that Ms. Daniella Dimitrov, President and CEO, will be presenting at the European Gold Forum in Zurich on April 14, 2015 at 4:20 p.m. Ms....
Mon, 13 Apr 2015 07:00:00 -0600 Source: PR Newswire: Mining/Metals
DUBAI, April 13 (Reuters) – The Dubai Gold and Commodities Exchange (DGCX) will announce in two weeks the date for launching its spot gold contract, a senior executive at the exchange said on Monday.“In a couple of weeks we will be able to announce when we will launch it,” Ian W...
Mon, 13 Apr 2015 06:03:53 -0600 Source: Financial Planning
TSX:WDO TORONTO, April 13, 2015 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) today announces production results for the first quarter of 2015. During the quarter, at the Eagle River Underground Mine 39,815 tonnes were milled at a head grade of 7.37 grams per tonne...
Mon, 13 Apr 2015 05:30:00 -0600 Source: PR Newswire: Mining/Metals
Fortuna Reports Production of 1.6 Million Ounces of Silver and 9,739 Ounces of Gold for First Quarter 2015
[Marketwired] - Fortuna Silver Mines, Inc. is pleased to announce first quarter 2015 production figures from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company ...
Mon, 13 Apr 2015 05:00:00 -0600 Source: Yahoo! Finance: Silver Industry News
DMCC, one of the world’s leading commodity hubs for trade and enterprise and the largest and fastest growing Free Zone in the UAE, today kicked off the fourth annual Dubai Precious Metals Conference under the theme “Linking Markets”. The global gold industry has evolved rapidly in the past few ye...
Mon, 13 Apr 2015 02:13:40 -0600 Source: Financial Planning
TSX.V: SCZ VANCOUVER, April 13, 2015 /PRNewswire/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the "Company" or "Santacruz") announces that further to the Company's press release of December 1, 2014 relating to the amended Pre-Paid Silver Purchase Agreement entered into with JMET, LLC,...
Mon, 13 Apr 2015 01:30:00 -0600 Source: PR Newswire: Mining/Metals
Comparing the pay of top gold mining CEOs and leaders.
Sun, 12 Apr 2015 19:06:08 -0600 Source: Mineweb
Hecla Reports Preliminary First Quarter 2015 Production Results of 2.9 Million Ounces of Silver and 40,651 Ounces of Gold
[Business Wire] - Hecla Mining Company today announced preliminary production resultsą for the first quarter 2015.
Sun, 12 Apr 2015 19:00:00 -0600 Source: Yahoo! Finance: Silver Industry News
SINGAPORE, April 13- Gold steadied above $1,200 an ounce on Monday after rising more than 1 percent in a chart-based rebound the session before, but persistent concern that the U.S. central bank is on course to lift rates this year should cap any gains. *Spot gold was flat at $1,207.81 an ounce b...
Sun, 12 Apr 2015 18:27:00 -0600 Source: CNBC.com | Interest Rates
A wholly owned subsidiary of Astur Gold, Exploraciones Mineras del Cantabrico (EMC) has filed a lawsuit against the Ministry of Economy and Employment of the Principality of Asturias in Spain, after it refused the proposal for the Salave underground …
Sun, 12 Apr 2015 17:00:00 -0600 Source: NRI: Mining Technology