Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Wednesday after the company said it expected a decline in silver output in 2019. The company, which is the world’s largest primary silver producer and...
Read moreSouth Africa’s Gold Fields (JSE:GFI) (NYSE:GFI) on Tuesday denied a report by Bloomberg speculating that the company wants to combine with rival AngloGold Ashanti. “This article is factually incorrect and we completely disassociate...
Read moreCanada’s Eldorado Gold (TSX:ELD)(NYSE:EGO) is getting close to opening its first mine in Canada — the Lamaque project in Val d’Or, Quebec, which it grabbed after acquiring Integra Gold in 2017 and is expected to come online during the first...
Read moreThe negative effects of trade disputes on global growth this year will push down demand for base metals and steel-making commodities, while the economic uncertainty will drive gold prices higher, CIBC says. “CIBC economists are not forecasting a...
Read moreCanada’s IDM Mining (TSX-V:IDM), which is in the process of being absorbed by fellow miner Ascot Resources (TSX-V:AOT), can now start building its flagship Red Mountain gold and silver mine near Stewart, British Columbia, as it has received the...
Read moreUS gold giant Newmont Mining (NYSE:NEM) took a page out of Barrick’s book by announcing that is buying Canada’s Goldcorp (TSX:G) (NYSE:GG) in a $10 billion-deal that would create the world’s largest producer by output, challenging Barrick’s...
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Read morePhysical gold premiums rose in China this week as investment demand firmed on worries over global growth and a softening dollar, though Indian buyers remained on the sidelines ahead of the wedding season. Premiums in top consumer China firmed to...
Read moreCanada’s Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has increased its stake in its Ity gold mine in Ivory Coast to 85% from 80% by buying shares in the operation from a local company owned by former soccer star. DYD International Holdings was...
Read moreMAX Resource (TSXV: MXR) announced this week that it was able to secure 100% of the 89 mineral applications it is aspiring to develop in western Colombia. The applications cover a total area of 1,757 square kilometres and are located within the...
Read moreAlamos Gold (TSX: AGI) of Toronto reports the highest grades from surface drilling in the Western extension at the Island gold mine near Wawa. High grades were also recorded from across the Main and Eastern extensions. Results from the Western...
Read moreCanadian junior Equinox Gold (TSX-V: EQX) is in the countdown to begin commercial production at its Aurizona gold mine in Brazil, bringing the company closer to its goal of becoming a leading mid-tier producer of the yellow metal. As part of its...
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