Galiano Gold to resume mining in Q4 at Ghana’s Asanko
Galiano Gold (TSX: GAU) is on track to resume hard-rock mining operations at the Asanko gold mine (AGM) in Ghana in the fourth quarter following the award of a mining…
Gold Fields
Gold Fields and AngloGold Ashanti agree to terms for JV in Ghana
A proposed joint venture between Gold Fields’ (NYSE: GFI) Tarkwa and AngloGold Ashanti’s (NYSE: AU) Iduapriem mines in Ghana would create Africa’s largest gold mine and one of the world’s…
Rio Tinto venture makes strategic investment in Regulus Resources
Nuton, a Rio Tinto (ASX: RIO; LSE: RIO; NASDAQ: RIO) venture that has developed innovative copper sulphide leach technologies, is taking a 16.5% stake in Regulus Resources (TSXV: REG; US-OTC:…
Gold Fields CEO Griffith leaves after failed Yamana takeover
Gold Fields’ (JSE, NYSE: GFI) chief executive officer Chris Griffith is stepping down on Dec. 31, only a month after the company’s failed attempt to take over Canada’s Yamana Gold…
CMS 2022: Agnico Eagle banks on Canadian production upside
The largest producer of Canadian gold, Agnico Eagle Mines (TSX: AEM; NYSE: AEM), is banking on its soon-to-be-consolidated in-country portfolio to underpin its near and long-term production growth profile, executive…
US markets rise over Oct 3-7 session
The Dow Jones Industrial Average rose 571.28 points or 1.99% to 29,296.79 and the S&P 500 gained 55.04 points or 1.51% over the Oct. 3-7 trading week to finish at 3,639.66. Vale added US$1.10 to…
Equinox Partners takes a stand against mining’s nonaligned directors
When Equinox Partners Investment Management adopted a strict voting policy against industry directors who have served for two or more years but have invested less than two years of director’s…
Chile to redraw constitution following voter defeat
Chile’s national mining association SONAMI has welcomed the weekend rejection of the proposed new constitution for the world’s number-one copper producer, sending lawmakers back to the drawing board to create…
U.S. markets fall during June 13-17 trading week
The Dow Jones Industrial Average retreated 1,504.01 points or 5.03% to 29,888.78 and the S&P 500 fell 226.02 points or 6.1% over the week to 3,674.84 as U.S. stocks felt…
U.S. markets fall during May 16-20 trading week
The Dow Jones Industrial Average fell 961.52 points or 3.1% to 31,261.90 over the week, with the S&P 500 retreating by 106.65 points or 2.7% to 3,901.36. Shares of Gold…
US markets fall, Nov. 8-12
The Dow Jones Industrial Average fell 227.64 points or 0.63% to finish the Nov. 8-12 trading week at 36,100.31 and the S&P 500 dropped 14.68 points or 0.31% to 4,682.85….
RANKED: World’s ten biggest gold mining companies
Gold made history in 2020 when the price hit a record high in August as pandemic concerns weighed on investor sentiment. Gold mining has been a hallmark of commerce across the ages,…