Jan 25, 2017 | Financial Post
Barrick Gold Corp.’s annual gold production in 2016 fell by nearly 10 per cent and copper production was down about 19 per cent compared to the year before, largely due to the company’s decision to...
Fiji Times
Saudi Arabia’s King Salman will inaugurate on Thursday the Waad Al-Shamaal project, a 440-square-km city for mining industries in the country’s northern region, Al Arabiya TV said, quoting energy minister Khalid al-Falih.
The project will cost 85 billion riyals...
Mining.com
The value of global mining and metals deals hit a four-year high in 2017, according to accountancy firm EY, boosted by a jump in money raised on stock exchanges to a six-year high.
Mining and metals deals totalled $51 billion...
Reuters
Ore mining companies operating in Indonesia will need to optimize their use of land given to them under planned new rules, a ministry official told Reuters.
“Exploration is needed to...
MetalBulletin
A new permitting issue has emerged at copper producer Freeport-McMoRan’s unit in Indonesia following the introduction of new environmental requirements in April, the United States-based firm said on Tuesday April 24.
The company is engaged in discussions with the country’s...
Financial Post
Kevin Small knew something was up, which was why he was driving a pick-up truck into the dark abyss of an Australian underground mine, occasionally swerving into turnouts to dodge 55-ton trucks hauling giant loads of rock.
A team...
Reuters
FRANKFURT (Reuters) - Germans are investing heavily in gold, Deutsche Boerse said on Wednesday, with holdings of a gold-backed security it offers rising almost 50 percent in 2017.
Gold is seen as a safe haven for investors during times of...
Forbes
Few assets have been as out of favor recently than gold and other precious metals. Though many variables impact the price, many attribute the latest weakness to the strength of the U.S. dollar, rising inflation and selling by both...
Mining.com
In the first quarter of 2019, the global gold market continued to
recover from the two-year lowest average price point of $1,213/ozt
recorded in Q3 2018, rebounding to $1,304/ozt in Q1 2019, the...
The Western Australian
Emerging gold producer Geopacific Resources has completed a $10 million capital raising to accelerate regional exploration programs at its Woodlark Island project in PNG.
With a global resource inventory of 1.6 million ounces already banked at Woodlark, the...